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sashaice [31]
3 years ago
12

According to Adam Smith, why do people work hard?

Business
1 answer:
MrRa [10]3 years ago
5 0

Answer:

Money

Explanation:

they need money because to live in a house get a car,food etec

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Which of the following events would most likely reduce aggregate demand?
Lubov Fominskaja [6]

Answer:

d) An increase in real interest rates

Explanation:

Aggregate demand is defined as sum total of demand for goods and services within a country. It is expressed as the total cash that is exchanged for goods and services at a particular price level within a period of time.

An increase in interest rates will mean that cost of borrowing funds by businesses will increase.

The increased cost of running the business will cause prices of goods to rise.

Aggregate demand has an inverse relationship with price. As price rises aggregate demand will fall.

Consumers are less willing to buy expensive goods

6 0
3 years ago
Indian GDP in 2010 was 78.9 trillion rupees, whileU.S. GDP was $14.5 trillion. The exchange rate in 2010 was 45.7 rupees per dol
olga2289 [7]

Answer:

Explanation:

a )

Ratio of GDP on the basis of exchange rate :

GDP of india / GDP of united states

= 78.9 x 10¹⁸ x 1 / 14.5 x 10¹⁸ x 45.7

=  0.12

b )

Ratio of GDP on the basis of commonprices :

GDP of india / GDP of united states

= (78.9 x 10¹⁸  / 14.5 x 10¹⁸ ) x ratio of price level

=  (78.9 / 14.5) x .368

=  2

c ) These two numbers are different because the exchange  rate of currency

is controlled by price level in two countries but exchange rate is also influenced by many other factors including price level . So ratio of price level and exchange rate are different. Exchange rate is also influenced by speculative demand , foreign exchange reserve etc.

6 0
3 years ago
Where in the universe did the big bang take place?
Ipatiy [6.2K]
There's no exact spot that the Big Bang happened. In fact, the Big Bang happened everywhere in the Universe. The problem generally comes from the term "Big Bang". It brings to mind explosions, detonations, balloons being popped, and everything being blown out to chickenbasket hades.
6 0
3 years ago
Read 2 more answers
Gilberto Company currently manufactures 84,000 units per year of one of its crucial parts. Variable costs are $2.90 per unit, fi
RoseWind [281]

Answer:

Cost to make $337,600

Cost to make $344,400

The company should make the product

Explanation:

Calculation to determine the total incremental cost of making 84,000 and buying 84,000 units

COST TO MAKE

Relevant per unit Relevant fixed cost Total relevant cost

Variable cost per unit $2.90 - $243,600(84000*$2.90)

Fixed manufacturing costs - $94,000 $94,000

Cost to make $337,600

($243,600+$94,000)

COST TO BUY

Relevant per unit Relevant fixed cost Total relevant cost

purchase per unit $4.10 - $344,400[$4.10*84000]

Cost to make $344,400

Based on the above calculation the cost of buying is higher than the cost of making therefore the company should MAKE the product.

5 0
3 years ago
What country borders the caspian sea, the persian gulf, and the gulf of oman?.
wel

Iran, is the country that borders the Caspian sea, the Persian gulf, and the gulf of Oman.

<h3>Which countries lie along the Caspian sea, the Persian gulf and the gulf of Oman?</h3>

Iran country lies in the Middle-East of the Iraq and Pakistan, that borders the Caspian sea, the Persian gulf, and the gulf of Oman.

The inland sea is connected to the Gulf of Oman from the East and the countries that lie along the Persian Gulf and the Gulf of Oman are Oman, Iraq, Kuwait, Saudi Arabia, etc.

Strait of Hormuz connects the the Persian Gulf to the Arabian Sea.

Learn more about the Persian gulf and the gulf of Oman here:-

brainly.com/question/4694666

#SPJ1

7 0
2 years ago
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