Answer: 6.48%
Explanation:
This can be solved using the Quantity theory of money;
MV = PY
When dealing with changes, formula changes to;
% change in Money Supply + %change in velocity = %change in price + %change in real GDP
Velocity has been stable so will be zero.
change in money supply = 3.70% + 2.78%
= 6.48%
Answer: PLEASE see below for answer
Explanation: An excludable good is referred to as a private good which restrict people from using them while a non excludable goods are public goods that do not place restriction an so people can access them eg park .
Also, Non-rivalrous goods are those goods that even though consumed by the people will not cause shortage of the availability of the same goods to others. A rivalrous good is the opposite as it causes shortage in availability to others when used.
National Defence----Non excludable and Non Rivalrous
Pay-Per-View cable television---Excludable and NonRivalrous
a Hot Pocket sandwich--- Excludable and Rivalrous
private classroom education--- Excludable and Rivalrous
pajamas--- Excludable and Rivalrous
a unicycle ---- Excludable and Rivalrous
Answer:
Multiple
Explanation:
For instance,Customers can purchase HP computers from retail stores like Best Buy and Office Depot, online directly from HP, and through various catalogs. In this case, HP is using a(n) multiple distribution arrangement.
Distribution channel can be regarded as chain of businesses or intermediaries whereby good or service is been passed until it reaches the final buyer. Distribution channels could be wholesalersor retailers or distributors. Multi-channel distribution can be regarded as a channel whereby
business uses one or more than one type of distribution channel. For instance, a street retailer could
also distribute directly to customer with the use of e-commerce, even with the use of catalogues which could be sent via direct mail.
Answer:
Their combined production should be 20 clothes and 12 wines.
Explanation:
<u>Argentina's opportunity cost to produce 1 unit of cloth = 0.1 wine</u>
Argentina's opportunity cost to produce 1 unit of wine = 10 clothes
Chile's opportunity cost to produce 1 unit of cloth = 0.5 wine
<u>Chile's opportunity cost to produce 1 unit of wine = 2 clothes</u>
Since Argentina' opportunity cost to produce clothes is lower, then it should specialize int he production of clothes. While Chile should specialize in the production of wine. Their combined production should be 20 clothes and 12 wines.
