Social Studies, 17.06.2020 06:57, yonna74
Plz help 1) Which statement best explains COMPOUND interest?
Interest you earn from your only your principal balance/investment.
Produces a lower return on your investment than simple interest.
Interest you earn from your initial investment in addition to the interest you
earn
Is also called simple interest.
2) Which is shown by the intersection of the supply curve and the demand curve?
equlilbrium price of a good service
amount that supply influences demand
maximum price consumers will pay
cost of production for a commodity
3) what has led to Greater competition among workers looking for jobs
speculation
unionization
globalization
protectionism
which is measured by calculation of the amount of goods and services the average person can afford to buy
unemployment
standard of living
inflation rate
national income
4) which best describes the effect of tariff on the import of cars from a foreign country
the domestic economy goes into recession
demand for foreign cars is increased
the government runs a budget deficit
foreign cars become more expensive
5) government regulation of the free market is required in order to do what
prevent censorship and discrimination
ensure competition and protect customers
protect the existence of the profit motive
spur innovation and create efficiency
Answers: 3
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Plz help 1) Which statement best explains COMPOUND interest?
Interest you earn from your only your...
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