Answer:
Kindly check attached picture
Explanation:
Kindly check attached picture for detailed statement using the direct method
Answer:
the Fed lowers interest rates during recessions and raises them during economic booms
Explanation:
Countercyclical monetary policy is a monetary policy used to work against any cyclical tendencies in order to slow down the economy when it is booming, and to stimulate economic activity then there is a recession.
Example of such policy is therefore a reduction of interest by the Fed during recessions and an increase of interest rate when there are economic booms.
Answer:
The answer is letter A. Earning normal profits because their returns on investment are equal to the opportunity costs of the time invested.
Explanation:
Because all resources are being used efficiently and there is no need to use them elsewhere.
The correct answer is He should complete the repairs and sell the boat for $900
Deshawn has spent $600 purchasing and repairing an old fishing boat, which he expects to sell for $900 once the repairs are complete. Deshawn discovers that, in addition to the $600 he has already spent, he needs to make an additional repair, which will cost another $400, in order to make the boat worth $900 to potential buyers. He should complete the repairs and sell the boat for $900.
Alternative term for core competencies.
