Central Bank is the entity that governs and regulates the banking system in a country.
They play a significant role in formulating the monetary policy of the country. The central bank's primary function is to control the money supply and inflation and is done by adjusting interest rates, reserve requirements, and open market operations.
These functions are mainly done to regulate the economy and keep the country's currency stable and ensure the smooth functioning of the banking system. Inflation refers to the sustained increase in the prices of goods and services in an economy over a period of time.
Monetary policy is a tool used by the central bank to control inflation. Inflation occurs when there is too much money chasing too few goods, leading to an increase in demand for goods, which in turn causes prices to rise. To combat inflation, the central bank may raise interest rates, reduce the money supply, or increase reserve requirements. By doing so, they decrease the demand for goods and services, which helps bring down prices.
Paul Volcker served as the chair of the Federal Reserve from 1979-1987. His major contribution was in tackling inflation, which had been a significant problem in the US during the 1970s. He took a strong stance against inflation and implemented policies that helped curb it. He raised interest rates to record levels, which helped bring down inflation from a high of 14% to below 4%.
The policies that he implemented also helped strengthen the US dollar and increased the country's credibility in the international financial community. Volcker's policies had a global impact as other countries also followed his lead and implemented policies to tackle inflation. He played a crucial role in shaping the global monetary policy and promoting financial stability. Volcker's work on inflation has had a lasting impact, and he is regarded as one of the most influential central bankers of the 20th century.
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Assume that 4 years from now will need $1,000. Your bank compounds interest 8% annual rate.
a. How much must you deposit 1 year from now to have a balance of $1,000 at year 4? b. If you want to make equal payments at the end of Years 1 through 4 to accumulate the $1,000, how large must each of the 4 payments be?
c. If your father to offer either to make the payments calculated in part b ($221.92) or to give a lump sum of$750 one year from now, which would you choose?
d. If you will have only $750 at the end of Year 1, what interest rate, compounded annually, would you have to earn to have the necessary $1,000 at Year 4?
e. Suppose you can deposit only $186.29 each at the end of years 1 through 4 but you still need the $1,000 at the end of year 4. What interest rate, with annual compounding, is required to achieve your goal?
f. To help you reach your $1,000 goal, your father offers to give you $400 one year from now. You will get a part-time job and make six additional deposits of equal amounts each 6 months thereafter. If all of this money is deposited in a bank that pays 8% compounded semiannually, how large must each of the 6 deposits be?
g. What is the effective annual rate being paid by the bank in part f?
a. To have a balance of $1,000 at year 4, you must deposit $1,000 / (1 + 0.08)^3 = $793.83 one year from now.
b. To make equal payments at the end of Years 1 through 4 to accumulate the $1,000, each of the 4 payments must be $1,000 / [(1 + 0.08)^3 + (1 + 0.08)^2 + (1 + 0.08)^1 + 1] = $221.92.
c. If your father offers to make the payments calculated in part b ($221.92) or to give a lump sum of $750 one year from now, you should choose the lump sum of $750 because it will accumulate to $750 * (1 + 0.08)^3 = $997.01 at the end of Year 4, which is closer to your goal of $1,000.
d. If you will have only $750 at the end of Year 1, the interest rate, compounded annually, that you would have to earn to have the necessary $1,000 at Year 4 is (1 + r)^3 = $1,000 / $750 => r = 9.26%.
e. If you can deposit only $186.29 each at the end of years 1 through 4 but you still need the $1,000 at the end of year 4, the interest rate, with annual compounding, that is required to achieve your goal is (1 + r)^3 + (1 + r)^2 + (1 + r)^1 + 1 = $1,000 / $186.29 => r = 11.89%.
f. If your father offers to give you $400 one year from now and you make six additional deposits of equal amounts each 6 months thereafter, each of the 6 deposits must be ($1,000 - $400 * (1 + 0.08 / 2)^6) / [(1 + 0.08 / 2)^5 + (1 + 0.08 / 2)^4 + (1 + 0.08 / 2)^3 + (1 + 0.08 / 2)^2 + (1 + 0.08 / 2)^1 + 1] = $87.64.
g. The effective annual rate being paid by the bank in part f is (1 + 0.08 / 2)^2 - 1 = 8.16%.
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tephanie orders office supplies every month. she is making a because she always bases the order on current inventory levels, which are accurate and up-to-date.
Stephanie is making a budget for office supplies every month because she is basing the order on current inventory levels, which are accurate and up-to-date.
Stephanie is making an informed decision because she always bases the order on current inventory levels, which are accurate and up-to-date. By using the most up-to-date information available, Stephanie is able to make a decision that is based on facts and data, rather than guesswork or assumptions. This helps her to order the right amount of supplies for her office, avoiding the risk of overstocking or running out of important items. By making informed decisions, Stephanie is able to keep her office running smoothly and efficiently.
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If real economic growth is 3%, the inflation rate is 5%, and the nominal interest rate is 7%, then the real rate of interest is:
Based on the information given the real rate of interest is:2%.
Real rate of interestUsing this formula
Real rate of interest=Nominal interest rate-Inflation rate-
Where:
Inflation rate=5%
Nominal interest rate=7%
Let plug in the formula
Real rate of interest=7%-5%
Real rate of interest=2%
Inconclusion the real rate of interest is:2%.
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Vinnie (our friend in the video) had a lot of credit cards, and he did have fun with them! Then he nearly went broke. What was the main thing Vinnie did wrong?
A. he paid off his balance every month in full.
B. he always recorded his payments.
C. he used one credit card to pay other credit card bills.
D. he always paid on time.
He used one credit card to pay other credit card bills. Thus, option 'C' is the correct option.
What is a credit card?A credit card is a type of payment card that is given to customers (cardholders) to allow them to pay a merchant for products and services depending on the amount of debt they have accumulated (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges).
The card issuer (often a bank or credit union) establishes a revolving account and provides the cardholder with a line of credit from which they can borrow money to pay for purchases or receive a cash advance. Consumer credit cards and corporate credit cards are the two types of credit cards. The majority of cards are made of plastic. However, some are made of metal (stainless steel, gold, palladium, titanium), while some include gemstones embedded in the metal.
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QUESTION 6 of 10: A response to an employee's idea:
a) Is always provided in written form
b) Is only provided with a management sponsor
c) May require testing the idea before being accepted
A reply to a suggestion made by a worker. Before being approved, the concept might need to be tested.
Which word should I use: workers or employees'?Add a apostrophe and a s to show that singular nouns are in possession. Add simply an apostrophe to show possession when using plural verbs ending in s, as in four employee paychecks with two boss suggestions.
Can we say "workers"?“Employees'.” The singular possessive word "employee's" denotes something that only one employee possesses. If there are several employees, they are referred to as "employees," and everything that numerous employees own is referred to using the possessive pronoun form "employees'."
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During the accumulation phase of a variable annuity: A payments can be made into the plan; but distributions may not be taken from the plan B distributions may be taken from the plan; but payments may not be made into the plan C both payments may be made into the plan; and distributions may be taken from the plan D neither payments may be made into the plan; nor distributions may be taken from the plan Review
Answer:
Explanation:
ruing the accumulation phase of a variable annuity: A payments can be made into the plan; but distributions may not be taken from the plan B distributions may be taken from the plan; but payments may not be made into the plan C both payments may be made into the plan; and distributions may be taken from the plan D neither payments may be made into the plan; nor distributions may be taken from the plan Review
Sooo, I have this assignment in Family and fiance. I don't know where to find the materials to answer this question though. This is the question, of a few at hand.
"Why might a person assume that Ms. White would be doing well financially? Provide a quote from the interview that supports your conclusion in the answer. "
Any help would be appriacted, Thanks.
Given that Ms. White has a Harvard MBA, a Hopkins master's in international studies, attended Oberlin for her undergraduate studies, and formerly worked for the World Bank, one may presume that she is financially well.
Who was Ms White ?The comment from the interview that corroborates my thesis is when she was questioned about both her financial situation and her value.
The fact that Ms. White is a well-known figure in the financial industry may lead some people to believe that she is wealthy as a result of her excellent work at the World
She earned a master's degree in international studies from Harvard Business School, and while an undergraduate at Oberlin, she excelled academically and worked for the World Bank.
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what two facets of nonprofit organizations makes branding more critical for them as compared to for-profit organizations?
Nonprofit organizations have two key facets that make branding more critical for them as compared to for-profit organizations. The first facet is that nonprofits often rely heavily on public support to achieve their mission. Unlike for-profit businesses that typically focus on generating profits for their owners or shareholders, nonprofits exist to serve a social or humanitarian purpose. Therefore, the success of a nonprofit organization is largely dependent on the support and trust of the public. This is where branding becomes critical. A strong brand can help build trust and credibility with the public, which can translate into increased support in the form of donations, volunteers, and partnerships.
The second facet is that nonprofits often operate in crowded and highly competitive environments. There are typically many other nonprofit organizations operating within the same cause or industry, all vying for public attention and support. Therefore, it is essential for nonprofits to differentiate themselves from their competitors and stand out in a crowded marketplace. A strong brand can help a nonprofit achieve this by creating a unique and compelling identity that resonates with its target audience. This can help the nonprofit attract new supporters and retain existing ones.
In summary, nonprofit organizations rely heavily on public support and often operate in crowded and competitive environments. A strong brand can help build trust and credibility with the public, differentiate the organization from its competitors, and ultimately drive support and success in achieving its mission.
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Indicate whether each of the following transactions represents an increase in net exports, a decrease in net exports, an increase in net capital outflow, or a decrease in net capital outflow for the United States. Transaction Net Exports Net Capital Outflow Increase Decrease Increase Decrease The Japanese car manufacturer Nissan builds a factory in Ohio. A German citizen buys an Apple computer. An American buys a Sony TV. An American fashion company opens up an outlet in the U.K.
Answer:
Net export decreases and net capital outflow decreases
Net export increases and net capital outflow decreases
Net export decreases and net capital outflow increases
Net export increases and net capital outflow increases
Explanation:
Net export = export - import
export would comprise of goods and services produced in the US that are been sold to foreign countries
Import would comprise of foreign produced goods and services that are been sold in the US
Net export would increase when export occurs and decrease when import occurs
Net capital outflow measures the flow of funds in a country. It is the difference between purchase of foreign assets by the citizens of a country and the purchase of domestic assets by foreigners
Net capital outflow = purchase of foreign assets by citizens - purchase of domestic assets by foreigners
Net capital outflow is positive when purchase of foreign assets occur and negative when purchase of domestic assets occur.
1. the setting up of the factory is an import and there is a flow of funds into the US economy. Thus, net export and net capital flow decrease
2. A Apple computer is produced in the US. The sale to a German constitutes an export but there is a flow of fund into the US economy. net export increase and net capital outflow decreases
3. Sony is not produced in the US. the purchase of the TV constitutes an import and there is a flow of funds out of the US economy. Net export reduces and net capital outflow increases
4. The opening of the fashion company outlet in the UK constitutes an export and there is a flow of funds out of the US. Net export increases and net capital outflow increases
Which factor of production would you consider a cow?
Answer:
Milk
Explanation:
Give brainliest please
true or false: 400,000 people are seriously injured in car crashes each year.
Answer:
True
Explanation:
400,000 people are seriously injured in car crashes each year.
How does fractional reserve banking increase the money supply in an economy?
A. It allows foreign currencies to be directly substituted for U.S. dollars.
B. It takes money deposited in banks and makes it available as loans.
C. It pressures depositors to withdraw money held in banks for long periods.
D. It requires the government to print money when deposit levels increase
Answer:
B. It takes money deposited in banks and makes it available as loans.
It takes money deposited in banks and makes it available as loans does fractional reserve banking increase the money supply in an economy. Hence, option B is correct.
What is reserve banking?The minimal amount of cash that financial institutions must keep on hand in order to comply with central bank standards is known as bank reserves. The bank must store this actual paper money in a vault on the property or in an account with the national bank.
A percentage of 100% indicates that the bank would have all of its customers' money available even if they all sought to withdraw it. Although this is undoubtedly a very secure method of banking, the way things have been put forth thus far, the bank would merely be serving as a safe. It would be incapable of lending any money.
A regional bank of the United States' central banking system, the Federal Reserve System, is known as a Federal Reserve Bank.
Thus, option B is correct.
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Select the correct answer.
Which pricing strategy is a company using when it sells a printer at a low price but the ink cartridges designed for that model are relatively
expensive?
A promotional pricing
captive product pricing
C. product line pricing
D. product bundle pricing
E.
optional product pricing
Answer:
B.
Explanation:
Captive product pricing means the company baits you in to purchasing a seemingly cheap main product but the add-ons are expensive
Answer:
E
Explanation: Is that right
Following FashionSia's shift in competitive strategy, what are some considerations for the company's human resource management practices? 2. As a Human Resource practitioner, propose a holistic approach towards designing the compensation and benefits program at FashionSia.
FashionSia's shift in competitive strategy, some considerations for the company's human resource management practices include aligning employee skills and competencies with the new strategy, providing training and development programs to enhance employee capabilities.
How can a holistic approach be proposed for designing the compensation and benefits program at FashionSia?As a Human Resource practitioner, a holistic approach towards designing the compensation and benefits program at FashionSia would involve considering various factors.
This includes conducting a thorough analysis of the company's internal and external market conditions, benchmarking industry standards for compensation and benefits, ensuring internal equity and fairness, promoting a total rewards philosophy that encompasses financial and non-financial incentives, offering competitive salary structures, flexible benefits packages, performance-based rewards, and employee recognition programs.
Additionally, the approach should emphasize transparent communication, employee engagement, and regular evaluation of the program's effectiveness to ensure it aligns with the company's strategic objectives and attracts, motivates, and retains top talent.
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jason just completed an advertising campaign for a new dog shampoo, and he wants to know if it generated consumer awareness. what method should he use to evaluate it?
Jason has just finished an advertising campaign for a new dog shampoo and wants to know if it increased consumer awareness. He used an advertising effectiveness study to evaluate it.
Advertising effectiveness is the process of determining whether or not a brand's advertisements target the right audience and how successful the advertisements are. It aids in determining whether the advertisements have any effect on the audience. You can identify the strengths and weaknesses of marketing campaigns using ad effectiveness. It has the desired qualities of strong credibility, high audience attention levels, and friendly audience reception. It includes open-ended questions and answers about the product, psychological incentives to purchase, memorability, efficiency, and frequency.
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Identify at least one benefit and one disadvantage of both "simple" and "compounding"
interest. What are some of the reasons why someone might choose simple interest over
compounding interest? Why would one choose compounding interest over simple
interest? Given the information you have from the article, and other sources, which
would "you" choose, and why.
An advantage of simple interest is that it is simpler to understand and cheaper. Regarding the disadvantages, they are associated with the difficulty of being found and in case of delay there are higher associated fees.
Compounding interest, on the other hand, has the benefits of investment advantages, as funds grow more than simple interest over a period of time. The disadvantages are related to cost, which depending on economic factors can increase or decrease.
How to make good investments?Is necessary for the investor to be aware of the risks inherent in any investment, so the ideal is that the investment portfolio is varied, to mitigate the risks. Some other important tips are carrying out financial planning, knowing your investor profile and the discipline necessary to manage your investiments in an advantageous and profitable way.
Therefore, if a choice had to be made to invest, perhaps compound interest would be a better option, as it has a higher yield over time.
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A balance sheet hedge requires that the amount of exposed foreign currency assets and liabilities: A) have a 2:1 ratio of assets to liabilities. B) have a 2:1 ratio of liabilities to assets. C) have a 2:1 ratio of liabilities to equity. D) be equal.
Answer:
Explanation:
D) be equal. A balance sheet hedge requires that the amount of exposed foreign currency assets and liabilities be equal. This helps to mitigate the risk of exchange rate fluctuations on the financial position of a company.
By matching the amount of foreign currency assets with foreign currency liabilities, a company can offset potential losses or gains due to currency exchange rate movements, reducing the impact on its overall financial position. This approach aims to create a natural hedge by ensuring that changes in exchange rates affect both assets and liabilities in a balanced manner.
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On a particular day, the Dow Jones had a rate of change of -2.1%. Which of the following statements must also be true?
Answer: The average of the 30 stocks in the Dow Jones decreased
Explanation:
A p e x, just did the quiz
Answer:
The person above me is correct ;3
Explanation: TOOK THE QUIZ MY FRIENDS
All of the following are primary needs that apps meet except? 1). the need to find "me time." 2). the need to socialize. 3). the need to shop. 4). the need to share.
'The need to find "me time" ' is not a primary need that apps meet. So option 1 is the correct answer.
An app or application is a software program designed for a specific purpose or task. Apps are used on smartphones, tablets, and computers to make them more useful and user-friendly. The need to socialize, the need to shop, and the need to share are all primary needs that apps meet.
Apps are a relatively new phenomenon, having only been around since the launch of the iPhone in 2007. However, they've quickly become an essential part of our daily lives, assisting us in a variety of ways. Apps allow us to connect with friends and family, shop online, and share photos and videos with others.
The need to socialize, the need to shop, and the need to share are all primary needs that apps meet, except 'the need to find "me time" ' (option 1).
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which of the following is a "priority for action" in the sendai framework
One of the "priorities for action" in the Sendai Framework is: Reducing disaster risk and strengthening resilience.
The Sendai Framework for Disaster Risk Reduction is a global agreement adopted by the United Nations member states to guide efforts in reducing disaster risk and building resilience. It outlines seven global targets and four priorities for action to be implemented over a 15-year period (2015-2030).
One of the priorities for action emphasized in the Sendai Framework is to reduce disaster risk and strengthen resilience. This involves implementing strategies and measures to prevent and mitigate disasters, enhance early warning systems, promote risk-informed decision-making, invest in infrastructure that can withstand hazards, and ensure the inclusion and participation of communities in disaster risk reduction efforts.
One of the "priorities for action" in the Sendai Framework is to reduce disaster risk and strengthen resilience. This priority highlights the importance of proactive measures and strategies to minimize the impact of disasters and build the capacity of communities and nations to withstand and recover from them.
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How do businesses compete for customers?
Answer:
marketing team and review resources
Use the information provided below to calculate the Internal Rate of Return (expressed to two decimal places) using interpolation. INFORMATION A machine with a purchase price of R1 200 000 is estimated to eliminate manual operations by R400 000 per year. The machine is expected to have a useful life of four years.
To calculate the Internal Rate of Return (IRR) using interpolation, we need to determine the discount rate at which the net present value (NPV) of the machine's cash flows is zero.
In this case, the machine has a purchase price of R1,200,000 and is estimated to eliminate manual operations by R400,000 per year for a useful life of four years. To calculate the IRR, we need to find the discount rate that makes the NPV of the cash flows equal to zero. Let's set up the equation for NPV: NPV = -Initial Investment + (Cash Flow / (1 + r)^1) + (Cash Flow / (1 + r)^2) + (Cash Flow / (1 + r)^3) + (Cash Flow / (1 + r)^4) Where: Initial Investment = R1,200,000 (negative because it's an outflow) Cash Flow = R400,000 (positive because it's an inflow) r = discount rate (unknown) Now, we need to find the discount rate (r) at which the NPV equals zero. We can use interpolation to approximate the IRR. By trying different discount rates, we can find two rates at which the NPV switches signs (one negative, one positive).
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which company became international business machines what did they sell
The company that became International Business Machines (IBM) originally started as the Computing-Tabulating-Recording Company (CTR) and later transformed into IBM. They initially sold a range of products, including time clocks, tabulating machines, and scales.
IBM's origins trace back to the Computing-Tabulating-Recording Company, which was formed in 1911 through the merger of three smaller companies: the Tabulating Machine Company, the International Time Recording Company, and the Computing Scale Company. These companies produced and sold various mechanical devices used for recording and tabulating data, such as employee time clocks, tabulating machines for data processing, and scales for weighing goods.
Over the years, as the company evolved and expanded its operations, it underwent a name change in 1924, becoming the International Business Machines Corporation (IBM). With the transition to IBM, the company continued to develop and sell a wide range of products and services related to data processing, including punch card systems, mainframe computers, personal computers, software, and various technological solutions for businesses and organizations. Today, IBM is a multinational technology company with a diverse portfolio of products and services, including cloud computing, artificial intelligence, data analytics, cybersecurity, and enterprise software solutions.
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If finland enjoys comparative advantage in the production of fish products compared with its trading partners. What does it imply
Answer:
It implies that Finland is able to meets its demand for fish products on its own
Explanation:
This simply means that Finland is able to efficiently meets is demand for fish product domestically and hence it need not to depend on its trading partners. Thus, It has an advantage to negotiate well for the export and import of other commodities and services.
This also means that productivity of Finland is high which could be due to higher labor productivity rate or efficient aquaculture practices and production mechanism.
Product enhancements
A) do not really change the basic product.
B) include guarantees and warranties.
C) include features and options
D) reduce the number of target markets one product can satisfy.
Answer:
C or A
Explanation:
I could answer better with more context
If the Commission for Sport and Events contributes $45 million dollars towards the construction of a new sport venue, what type of financing option is most likely being used
The financing that is most likely being used for this construction are taxation or government securities issuance.
Sources of government financing Government can raise funds from taxing the people they govern.They can also raise funds by issuing securities such as notes to the public.The agency behind the construction of the venue is a governmental agency which means that it is most likely raising funds from one of the two methods described.
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Providing managers with increased visibility of the entire logistics process so that they can improve the efficiency of the entire system is the primary function of any ___ system.
The primary function of supply chain management system is to provide the managers with increased visibility of the entire logistics process so that they can improve the efficiency.
What is the supply chain management?In a firm, the supply chain management refers to an operational section that manages the flow of goods, services, tasks and processes that take place from the input of raw materials to the output.
In conclusion, the primary function of any supply chain management system is to provide the managers with increased visibility of the logistics process.
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Jamie predicts that, if she implements flexible scheduling at the company, absenteeism will decrease. this is an example of:_________
An example of a hypothesis (predicts) is observed as Jamie predicts that an absenteeism will decrease if she implements flexible scheduling at the company.
What is an hypothesis?This refers to an assumption or idea that is proposed for the sake of argument so that it can be tested to see if it might be true.
Therefore, this is observed as Jamie predicts that an absenteeism will decrease if she implements flexible scheduling at the company.
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technological advances allow smaller companies to compete with larger companies. group of answer choices true false
True, Technological advances allow smaller companies to compete with larger companies.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.
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WILL GIVE BRAINLIEST, NEED HELP ASAP
1. A company can reduce a surplus of goods if they:
A. Decrease the price
B. Increase the price
C.Does not change the price
2. IPhones have been placed for sale in the market. They can only produce 1 million phones a month, but 200 million want to buy a phone each month creating a shortage. How can Apple eliminate the shortage?
A. Increase the price
B. Decrease the price
C. Do nothing to the price