The natural rate of unemployment (NRU) is defined as the level of unemployment that occurs when the economy is producing at potential output. The natural rate of unemployment (NRU) is the level of unemployment that exists when an economy is operating at full capacity.
It represents the rate of unemployment that results from the structural characteristics of the labor market, such as the level of job search activity, the degree of labor market friction, and the matching process between workers and jobs. Explanation: Potential output is the level of economic activity that an economy can sustainably produce in the long run. It is determined by the economy's productive capacity, which is determined by the availability of labor, capital, and technology. When an economy is operating at potential output, it is producing the maximum amount of goods and services that it can sustainably produce in the long run.
At this level of output, the natural rate of unemployment is achieved because all available resources are being used to their fullest extent. The natural rate of unemployment is related to potential output because it represents the level of unemployment that is consistent with the full utilization of an economy's resources. When the economy is producing at potential output, it is operating at full employment, and the unemployment rate is at its natural rate. This relationship between the natural rate of unemployment and potential output is important because it helps policymakers to assess the health of the labor market. If the unemployment rate is below the natural rate, it may indicate that the economy is overheating, which could lead to inflation. If the unemployment rate is above the natural rate, it may indicate that the economy is operating below its potential, which could lead to a reduction in living standards.
To know more about natural rate of unemployment please refer:
https://brainly.com/question/30831806
#SPJ11
Stanley Inc. must purchase $6,000,000 worth of service equipment and is weighing the merits of leasing the equipment or purchasing. The company has a zero tax rate due to tax loss carry-forwards, and is considering a 5-year, bank loan to finance the equipment. The loan has an interest rate of 10% and would be amortized over 5 years, with 5 end-of-year payments. Stanley can also lease the equipment for 5 end-of-year payments of $1,790,000 each. How much larger or smaller is the bank loan payment than the lease payment? Note: Subtract the loan payment from the lease payment.
a. $177,169
b. $196,854
c. $207,215
d. $217,576
e. $228,455
The amount larger or smaller is the bank loan payment than the lease payment is: c. $207,215.
Bank loan paymentIn order tom determine the bank loan payment we would be using financial calculator find the PMT by inputting the below data
N= Number of years = 5
1/Y= Interest rate= 10%
PV=Present value= -$6,000,000
FV=Face value = 0
PMT=Payment=?
Hence:
PMT=$1,582,784.88
Now let determine the bank loan payment
Bank loan payment=$1,790,000 -$1,582,784.88
Bank loan payment=$207,215
Inconclusion the amount larger or smaller is the bank loan payment than the lease payment is: c. $207,215.
Learn more about bank loan payment here:https://brainly.com/question/26054995
A newspaper headline writer found that the more adjectives she put in the titles of her articles, the greater the number of newspapers that were sold that day. This relationship between numbers of adjectives and newspaper sales must be:
Answer:
Positive.
Explanation:
A linear function has a positive relationship and as such an increase in one variable (input variable) causes an increase in the other variable (output variable) i.e the variables are directly proportional. Thus, the graph of a linear function is a straight-line and its slope is always constant.
On the other hand, nonlinear function has a negative relationship and as such an increase in one variable (input variable) causes a decrease in the other variable (output variable) i.e the variables are inversely proportional.
This ultimately implies that, the graph of a nonlinear function is a curved line and whose direction is constantly changing
In this scenario, the relationship between numbers of adjectives and newspaper sales must be positive because the higher the amount of adjectives put in the titles of her articles, the greater the number of newspapers that would be sold on a particular day.
a court has ordered security enterprises to pay $250,000 in two years and $500,000 in five years. in order to meet this important liability, they wish to invest in a combination of two-year 10% par-value bonds with annual coupons and five-year zero-coupon bonds. each of these is sold to yield an annual effective yield of 4%. the two bonds are to be purchased so that the present value and duration conditions of redington immunization are satisfied at the current 4% rate. what is the face value of the two-year bond that should be purchased?
We have two reqts.
a. two-year 10% par-value bonds with annual coupons
b. five-year zero-coupon bonds
a. Lets take Current value = PV=$1000, Coupon 10%. So PMT = 10%*1000 = 100
Yield = Rate = 4%, period = nper = 2 yrs
So MaturityPrice Bond = FV(Rate,nper,PMT,-PV) = FV(4%,2,100,-1000) = $878
So for $200,000, we need $200,000/$878 = 228 bonds of FV$1000
So investment needed now is 228*$1000 = $228,000 ................(A)
b. Lets take Current value = PV=$1000, Coupon 0%. So PMT = 0
Yield = Rate = 4%, period = nper = 5 yrs
So MaturityPrice Bond = FV(Rate,nper,PMT,-PV) = FV(4%,5,0,-1000) =$1,217
So for $500,000, we need $500,000/$1,217 = 411 bonds of FV$1000
So investment needed now is 411*$1000 = $411,000 ..............(B)
Learn more about annual here
https://brainly.com/question/25793394
#SPJ4
Total number of division on the circular scale of screw gauge are?
The total number of divisions on the circular scale of a screw gauge is typically 100.
How many divisions on screw gauge?The total number of divisions on the circular scale of a screw gauge can vary depending on the specific design of the instrument. However, a common type of screw gauge, known as a micrometer screw gauge, typically has 100 divisions on its circular scale.
The circular scale is used in conjunction with the main scale to measure very small distances or thicknesses with high precision. When the screw gauge is used to measure an object, the user rotates the circular scale until the flat end of the screw touches the object's surface.
The reading is then taken by noting the alignment of the circular scale division with the main scale division.
It's worth mentioning that there may be other types of screw gauges with different numbers of divisions on their circular scales, but 100 divisions is a commonly used configuration.
Learn more about: screw gauge
brainly.com/question/27872530
#SPJ11
what is the meaning of market variable in maketing
Answer:
market is for people low budget and the markering is people qho want earn money in online
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
Read more on jobs here: https://brainly.com/question/26355886
#SPJ1
which of the following is a benefit of credit?
a. allows you to get what you want sooner
b. it damages your credit
c. puts your bank account in surplus
d. you get money back on interest
Answer:
A
Explanation:
the permanent fund is an example of a fund that would be reported in the statement of revenues, expenditures and changes in fund balance. group of answer choices true false
false. the permanent fund is an example of a fund that would be reported in the statement of revenues, expenditures, and changes in fund balance.
In order to handle a portion of the state's oil revenue, Alaska created the Permanent Fund in 1976. The Statement of Revenues, Expenditures, and Changes in Fund Balance does not include it. As a distinct financial statement, it is instead included in the Comprehensive Annual Financial Report (CAFR). A portion of the Permanent Fund's revenues is dispersed each year as a dividend to eligible Alaskans, who will use it as a source of income in the future. The Permanent Fund is therefore not included in the list of public funds listed in the Statement of Revenues, Expenditures, and Changes in Fund Balance.
learn more about statement of revenues here:
https://brainly.com/question/28319315
#SPJ11
according to erin meyer, when making business decisions, hierarchical cultures usually expect the boss to make unilateral decisions.T/F
The statement "according to Erin meyer, when making business decisions, hierarchical cultures usually expect the boss to make unilateral decisions" is true because hierarchical cultures tend to expect the boss to make unilateral decisions.
In hierarchical cultures, there is a clear hierarchy and authority structure, where power and decision-making authority are concentrated at the top of the organization. Subordinates are expected to follow instructions and implement decisions made by their superiors without questioning or challenging them.
This top-down decision-making approach is based on the belief that the boss has the knowledge, expertise, and authority to make the best decisions for the organization. In such cultures, the boss is seen as the ultimate authority figure, and there is little room for collaborative or participatory decision-making processes.
This hierarchical expectation can influence communication patterns, decision-making processes, and overall organizational culture in hierarchical cultures.
To know more about Erin meyer, refer here:
https://brainly.com/question/29581681#
#SPJ11
What is one typical effect of growth for a business?
Answer: The advantages would be efficiency and accountability; the disadvantages would be resource hoarding and low quality.
Explanation: There will be more trust between workers and indivuals, more accountability as well.
according to the evolution of hr work, the integration of hr strategy with the overall business strategy has been the focus of which of the following?
According to the evolution of HR work, the integration of HR strategy with the overall business strategy has been the focus of Wave 3. The correct option is Wave 3.
Wave 3 was marked by the emergence of strategic HR management, which aimed to align HR practices with business objectives. This involved a shift from the traditional administrative and transactional HR functions to a more strategic and proactive approach. HR professionals began to view themselves as business partners and began collaborating with senior management to develop HR strategies that support the overall business strategy.
This integration of HR and business strategy aimed to improve organizational performance, increase employee engagement and retention, and enhance the overall competitiveness of the organization. Wave 3 also saw the development of metrics and analytics to measure the effectiveness of HR practices, and the use of technology to support HR processes. Overall, Wave 3 represented a significant step forward in the evolution of HR work, as it helped to establish HR as a critical function that contributes to the success of the organization. The correct option is Wave 3.
The complete question is:
According to the evolution of HR work, the integration of HR strategy with the overall business strategy has been the focus of which of the following?
Wave 1
Wave 2
Wave 3
Wave 4
Wave 5
For more about business strategy:
https://brainly.com/question/28561700
#SPJ4
What are the causes of corruption and fraud in the public sector
Answer: All before-mentioned forms of corruption occur in the public sector, including bribery, embezzlement, illicit enrichment, trading in influence, and abuse of functions (which can involve favouritism and nepotism).
Explanation:
Answer:
•Country size.
•Country age.
•Resource curse.
•Political instability.
•Wages.
•Lack of rule of law.
•Failure of governance.
•Size of government.
the allowance for uncollectible accounts is a contra account to:
The allowance for uncollectible accounts is an example of a contra account, specifically, to the Accounts Receivable account.
In the general ledger, the contra account:
reduces the main or related account's value preserves the main account's historical value nets the main or related account to its current book value.Examples of contra accounts are owner's drawings, accumulated depreciation, allowance for doubtful accounts, treasury stock, dividends, etc.
The contra accounts usually have opposite balances to the main accounts. The contra account of an asset account has a credit balance while the contra account of a liability or equity account has a debit balance.
Thus, the Accounts Receivable's contra account is the Allowance for Uncollectible Accounts.
Learn more: https://brainly.com/question/18328557
Determine which of the statements below is true regarding the adjusted bank balance and the adjusted book balance on a bank reconciliation. Multiple choice question. The adjusted book balance will rarely equal the adjusted bank balance. The cash balance on the bank statement must equal the cash balance in the general ledger before the bank reconciliation. The adjusted balance per books must equal the cash balance printed on the bank statement. The adjusted bank balance must equal the adjusted cash balance per books.
The statements that is true regarding the adjusted bank balance and the adjusted book balance on a bank reconciliation is: The adjusted bank balance must equal the adjusted cash balance per books.
Bank reconciliation can be defined as the way where by a company bank balance must be the same with the company cash balance.
In a situation where adjusted bank balance does not equal or reconcile with the adjusted cash balance per books this means that there is an error and such error must be detected for the bank balance to equal cash balance when preparing a bank reconciliation statement.
Inconclusion the statements that is true regarding the adjusted bank balance and the adjusted book balance on a bank reconciliation is: The adjusted bank balance must equal the adjusted cash balance per books.
Learn more about Bank reconciliation here:https://brainly.com/question/15525383
The Seven Steps to Move into a New Field
Answer:
what? I'll answer in comments if this is a mistyped question
During a storm, a tree falls on your vehicle. What type of insurance would cover the damage to your vehicle
comprehensive coverage.
what type of government action is part of fical policy
Design 1: Flat Solar Panels
A field of flat solar panels angled to best catch the sun will yield 2.6 MW of power and will cost $87million initially with first-year operating costs at $2million, growing $250,000 annually. It will produce electricity worth $6.9 million the first year and will increase by 8% each year thereafter.
Design 2: Mechanized Solar Panels
A field of mechanized solar panels rotates from sideto side so that they are always positioned parallel to the suns rays, maximizing the production of electricity. This design will yield 3.1 MW of power andwill cost $101 million initially with first-year operating costs at $2.3 million, growing $300,000 annually. It will produce electricity worth $8.8 million the first year and will increase 8% each year thereafter.
Design 3: Solar Collector Field
This design uses a field of mirrors to focus the suns rays onto a boiler mounted in a tower. The boiler then produces steam and generates electricity the same way a coal fired plant operates. This systemwill yield 3.3 MW of power and will cost $91 million initially with first-year operating costs at $3 million, growing $350,000 annually. It will produce electricity worth $9.7 million the first year and will increase 8% each year thereafter.
The following is a description of a typical day in the life of a MARRIOR. 1st Design The initial cost is $87 million. Yearly earnings: $6.9 million 8% annual income growth rate .
Yearly operational costs: $2 million, increasing at a rate of $250,000 per year. $6.9 million - $2 million - ($87 million / 25) annual cash flow - ($2,000,000 - $250,000) = $2.54,000,000 $2.54 million * (1 - 1/(1+10%)25) / 10% = $19.63 million PW of cash flow Design 2 The initial cost is $101 million. Yearly earnings: $8.8 million 8% annual income growth rate Yearly operational costs: $2.3 million, increasing by $300,000 each year. Yearly cash flow = $4.22 million = $8.8 million - $2.3 million - ($101 million / 25) - ($2.3 million - $300,000) Cash flow profit: $4.22 million * (1 - 1/(1+10%)25) / 10% = $32.66 million Design 3: Original cost: $91 million\sAnnual $9.7 million in earnings 8% annual income growth rate Yearly running costs: $3 million, increasing at a rate of $350,000 per year. Yearly cash flow = $5.13 million = $9.7 million - $3 million - ($91 million / 25) - ($3 million - $350,000) Cash flow profit: $5.13 million * (1 - 1/(1+10%)25) / 10% = $39.59 million Design 3 has the highest current worth based on the PW analysis and would be the recommended design. Design 2 is the second best alternative, with the lowest present value.
learn more about income here:
https://brainly.com/question/14732695
#SPJ4
true or false: linear search becomes more efficient as more values are added to a particular data set.
True or false: Linear search becomes more efficient as more values are added to a particular data set. The answer is false.
Linear search is a simple searching algorithm that checks each element in a data set sequentially until it finds the desired element or reaches the end of the list. As more values are added to the data set, the time required for a linear search to find a particular element increases.
The reason behind this is that, on average, the algorithm will have to check a larger number of elements before finding the target value or determining that it is not present in the data set. This increase in the number of comparisons directly impacts the efficiency of the linear search algorithm.
In contrast, other search algorithms, such as binary search, can maintain higher efficiency when searching large data sets, as they utilize a divide-and-conquer approach to quickly eliminate large portions of the data set that do not contain the desired element.
However, binary search requires the data set to be sorted beforehand, which may not always be the case.
In summary, linear search does not become more efficient as more values are added to a particular data set. In fact, its efficiency decreases due to the increasing number of comparisons required to locate a specific element. It is more suitable for small data sets or when the data set is unsorted and sorting is not an option.
To know more about Linear search refer here
brainly.com/question/30258958#
#SPJ11
When dealing with customers face-to-face, a good customer service technique is to:
Use a positive tone of voice
Maintain eye contact
Actively Listen
The correct option is B i.e., When dealing with customers face-to-face, a good customer service technique is to maintain eye contact.
What does "customer" mean to you?An individual or business that purchases goods or services from another company is known as a customer. Consumers are crucial to businesses because they generate income; without them, they would cease to exist.
What three roles do customers play?Any marketplace transaction necessitates the participation of at least three client roles: purchasing, which entails making a decision on a good or service; paying for it; and utilizing it. So, a customer can be a user or consumer as well as a buyer or payment.
To know more about customers visit-
https://brainly.com/question/13735743
#SPJ1
people are capable of completing many different tasks, each person's comparative advantage is in the particular task that they group of answer choices can do better than anyone else. enjoy doing the most. can produce more of than any other task. are least bad at doing, relative to other tasks.
Each person has a comparative advantage in the specific work that they can perform better than anybody else because people are capable of performing a wide variety of tasks.
When compared to other things, people are least awful at the one thing they enjoy doing the most, create the most, and are least bad at. The ability of a nation or individual to produce goods or services at a lower opportunity cost than another nation or people is known as the comparative advantage.
The worth of what must be sacrificed in order to produce a specific commodity is its cost. When the relative opportunity costs differ between two nations and one of them is more effective than the other in producing an item or service, there is a comparative advantage.
Based on the relative cost of manufacturing when compared to another country, a nation's comparative advantage is determined.
A country has a comparative advantage in a certain commodity if it has a lower opportunity cost than another country. As a result, the nation with the comparative advantage is the one with a lower production opportunity cost.
International commerce depends on comparative advantage because nations will specialise in producing the items and services in which they have a comparative advantage. Then, through trade, they can obtain the products and services they need at a reduced opportunity cost.
To know more about the comparative advantage refer here:
https://brainly.com/question/7780461#
#SPJ11
Variable-fidelity expected improvement method for efficient global optimization of expensive functions
For the optimization of high-fidelity, costly functions, the efficient global optimization approach (EGO) based on the kriging surrogate model and anticipated improvement (EI) has drawn a lot of interest. Only high-fidelity samples may be used to update the variable-fidelity surrogate model when the conventional EI approach is applied directly to a variable-fidelity optimization (VFO) that incorporates support from inexpensive, low-fidelity functions via hierarchical kriging (HK) or cokriging.
What is variable-fidelity ?
It's difficult to design the rotor blades for helicopters. On the one hand, there are the challenging simulations, which involve several different disciplines. However, instruments for parametric analyses or optimizations necessitate several simulations, increasing the expense of the design process. Two approaches to the numerical optimization challenge are seen in the rotorcraft community. The first approach uses adjoint-based computational fluid dynamics (CFD) simulations or local gradient search methods that make use of low-fidelity instruments. The second approach combines high-fidelity CFD simulations with surrogate-based optimization. When knowledge from low-fidelity models is applied, these surrogate-based optimizations can be further expedited.
learn more about variable-fidelity refer:
https://brainly.com/question/24289280
#SPJ4
Which of the following relationships would induce someone to purchase stock?a. >b. > rc. r = =d. r >e. > r
The relationship that would induce someone to purchase stock is d. r >. The greater-than symbol (>) signifies that the expected rate of return (r) on the stock is greater than some benchmark or alternative investment.
Investors typically consider the potential return on an investment when deciding to purchase stocks. If the expected rate of return on a particular stock is greater than the expected return from other investment options, such as bonds, savings accounts, or alternative stocks, it can be an incentive to purchase the stock. Investors seek to maximize their returns and are more likely to invest in assets that offer higher potential returns.
Therefore, when the expected rate of return (r) on a stock is greater than the returns from alternative investments, it creates an inducement for someone to purchase the stock.
To know more about rate of return, click here:
https://brainly.com/question/17164328
#SPJ11
Consider the following annual returns for Stocks A and B and the Market over the past four years. Which of the possible answers best describes the historical betas for A and B?
Years Market Stock A Stock B
2018 0.03 0.10 -0.17
2019 0.02 0.10 -0.05
2020 -0.02 0.10 0.11
2021 0.01 0.10 -0.02
a.
bA = 1; bB < −1
b.
bA = 0; bB > +1
c.
bA = 1; bB < 0
d.
bA = 0; bB < 0
Betas in finance indicate the systematic risk of an asset as compared to the market. Beta is calculated by regression analysis of past data of asset returns as compared to market returns.
It is a measure of a stock’s volatility or risk relative to the market. The beta of the market is 1 by definition. Stock A has the same return as compared to Stock B, i.e. 0.10 for all the four years but has different returns as compared to the market. Stock B has negative returns in 3 years out of 4, i.e. -0.17, -0.05, and -0.02 whereas the market has positive returns in 3 years out of 4, i.e. 0.03, 0.02, and 0.01.
The correct option is C.
Only in the year 2020, both the stock and market has negative returns i.e. -0.02. Hence, Stock B has a negative beta as compared to the market. bB < 0.Stock A has the same return as compared to Stock B for all the four years but the returns are positive in all the four years. Hence, Stock A has a positive beta as compared to the market. bA = 1.Therefore, the best possible answer to the historical betas for A and B is option (c) "bA = 1; bB < 0".
To know more about asset visit :
https://brainly.com/question/14826727
#SPJ11
Lana applies for a firefighter’s job with Metro City, which responds with a letter setting an appointment for a medical exam. The letter also states that it is "an employment offer conditioned on the applicant passing the exam." This letter is​
Answer: a unilateral contract that Lana can accept by passing the exam.
Explanation:
A unilateral contract is a form of contract agreement whereby the offeror promises to do a particular thing or pay a certain amount after a specified action has occured.
In this scenario, Metro City would only give an employment offer to Lana if she passes her exam. This is a unilateral contract that Lana can accept by passing the exam.
Which of the following satisfy the law of supply? Select the two correct answers.(1 point) Responses An increase in price is followed by an increase in supply. An increase in price is followed by an increase in supply. A increase in price is followed by a decrease in quantity supplied. A increase in price is followed by a decrease in quantity supplied. An increase in price is followed by an increase in quantity supplied. An increase in price is followed by an increase in quantity supplied. A decrease in price is followed by a decrease in supply. A decrease in price is followed by a decrease in supply. A decrease in price is followed by a decrease in quantity supplied.
The answer is option c. An increase in price is followed by an increase in quantity supplied and d. A decrease in price is followed by a decrease in quantity supplied.
These statements satisfy the law of supply.
What is the way to define supply?In economics, supply is as the entire quantity of a certain good or service that a provider makes available to customers at a specific time and price. Typically, market activity determines it.
What is an illustration of supply in economics?For instance, growers are prepared to provide 15 million pounds of coffee each month at a price of $4 per pound.
To know more about Supply visit:
https://brainly.com/question/13296654
#SPJ9
At a recent stockholders meeting for Ignate Inc., a group of stockholders expressed disagreement with the way that the managers were using free cash flow. Because they wanted to be able to control how the cash is invested, the stockholders lobbied that the free cash flow should be:
The stockholders lobbied that the free cash flow should be distributed to them as dividends.
The Free cash flow means money that business generates from its main business activities after necessary deduction of capital expenditures.
The Free cash flow are used to make further investment to allow more cash inflow into the organization.
But here, the stockholders are expressing their disagreement with the way that the managers were using free cash flow, therefore, they prefers that dividend are paid to them rather than managers investing the Free Cash Flow.
Therefore, the Option B is correct.
The options includes "a. used to pursue cross-border acquisitions. O b. distributed to them as dividends. O C. invested in new research and development O d. used to pay down corporate debt."
Learn more about this here
brainly.com/question/14812662
This week has focused on using several cost analysis tools to determine how well products contribute to a company’s profitability. However, all of these tools are internally used and not required to be published outside of an organization. Instead, external stakeholders rely on the three key financial statements reviewed in Unit 1:
Income Statement
Balance Sheet
Statement of Cash Flows)
If a company’s CVP analyses showed it was not operating at break-even, where on the financial statements might one be able to see this impact (i.e., specific line items on the statements)?
As portfolio activities are to be self-reflective, please make sure to connect the portfolio assignment to:
Your personal experiences
Course readings and any external readings.
Discussion forum posts or other course objectives that tie into your reflection.
If a company’s CVP analyses showed it was not operating at break-even, this impact would likely be reflected in the Income Statement. Specifically, the Income Statement shows the company’s revenues and expenses over a period of time, which can be used to calculate the company’s net income or loss.
If the company is not operating at break-even, it means that its expenses are higher than its revenues, resulting in a net loss. To determine whether a company is operating at break-even, the CVP analysis looks at the company’s fixed costs, variable costs, selling price, and sales volume. By comparing these factors, the analysis can determine the number of units the company needs to sell in order to break even. If the company is not selling enough units to break even, this will be reflected in the Income Statement as a net loss. In terms of connecting this to personal experiences and course readings, understanding the importance of CVP analysis and its impact on a company’s profitability can help individuals make more informed business decisions. Additionally, being able to interpret financial statements, such as the Income Statement, is a valuable skill for anyone working in business or finance. Course readings and external resources can provide further insight into financial analysis and decision making, helping individuals to better understand the complexities of running a successful business.
Learn more about variable costs here:
https://brainly.com/question/14083670
#SPJ11
Assume that the market for soybeans is purely competitive. Currently, firms growing soybeans are earning positive economic profits. In the long run, we can expect Multiple Choice new firms to enter, causing the market price of soybeans to fall. new firms to enter, causing the market price of soybeans to rise. some firms to exit, causing the market price of soybeans to fall. some firms to exit, causing the market price of soybeans to rise.
Answer:
I don't understand what the question is supposed to be?
true or false
Becoming financially literate is important because it helps you make smart decisions.
Answer:
True
Explanation:
One of the most important life skills everyone should possess is financial literacy because it helps you take control of your financial future and achieve your financial goals. Strong financial knowledge and understanding can help you overcome poor financial decisions and make better long-term plans.
Answer:
Ture
Explanation:
If you can get one thing out of High School, it is financial literacy. It will help you plan and make strategic decisions about how much to save, what job to get, and when you can get a house.