Answer:
Yes I have a question actually
Answer:
D) They offer lower interest rates for borrowers.
Explanation:
due to lower interest rate on loan, credit union have a major advantage for borrowers. They dont have to pay anything to shareholder and due to this advantage of credit union of non-profit feature, they forward the surplus funds to the respective customers on having deposited accounts.
Answer:
D. Microeconomics is concerned with the fair and equitable distribution of resources among consumers.
Explanation:
Microeconomics is concerned with the study of how households and firms make decisions and how they interact in the market, it studies the behaviour of individuals and firms regarding decisions of how scarce resources are allocated. It is not concerned with the fair and equitable distribution of resources among consumers.
Technological advances are eliminating jobs related to human labor. This is a real fact and it cannot be denied. Manual labors have decreased with the advancement of technology. The technological advancement has improved the quality of work and time. The increase in speed has catered to the needs of the market at a faster rate and thus the business community has also reaped in major profits.
