Question: how many economic branches? explain it.

how many economic branches? explain it.

Step by Step Solution

★★★★★

3.43 Rating (159 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The detailed answer for the above question is provided below The two branches of the economy are Mic... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

General A is defending a territory which is accessible by two mountain passes against general B. A has three divisions at her disposal and B has two divisions. Each general allocates her divisions...

Q:

In a meeting with Bain, representatives from the Central Bank of Nigeria, NEEDS, and Oxfam express concern about how challenging it will be to offer basic financial products to the Nigerian rural...

Q:

KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...

Q:

1. Two football fans are listening to the Grey Cup game on the radio, one in Montreal, where the game is being played, the other in Vancouver, 3692 km away. How much sooner does the Montreal fan hear...

Q:

What is the advantage of recognizing materials price variances at the time of purchase rather than at the time of use?

Q:

At the critical point, the three roots in volume to a cubic equation must converge. Thus, Use Equation (E4.7A) to write the van der Waals parameters a and b in terms of the critical pressure and...

Q:

Let F be a continuous distribution function. For some positive , define the distribution function G by G(t) = (F(t)) Find the relationship between G(t) and F (t), the respective failure rate...

Q:

Diekmann Company, a U.S.-based company, acquired a 100 percent interest in Rakona A.S. in the Czech Republic on January 1, 2016, when the exchange rate for the Czech koruna (Ks) was $0.05. Rakona's...

Q:

eBook Single Plantwide Factory Overhead Rate Mozart Music Inc. makes three musical instruments: trumpets, tubas, and trombones. The budgeted factory overhead cost is $159,220. Factory overhead is...

Q:

An earthwork contractor is considering to purchase a new excavator which will cost $130,000 including tax and transportation expenses. Answer the following questions about depreciation. Note: GDS...

Q:

Explain 2 (x2 9 5- For f (x ) = x2-4 Show your work for full credit. a) Find the intervals on which f is increasing or decreasing. Find the local (or absolute) maximum and minimum values of f

Q:

A 6 in. sch 40 pipeline carries a petroleum fraction (viscosity $15 \mathrm{cP}, \mathrm{SG} 0.85$ ) at a velocity of $7.5 \mathrm{ft} / \mathrm{s}$, from a storage tank at $1 \mathrm{~atm}$ pressure...

Q:

A 2 in. sch 40 pipe carries $\mathrm{SAE} 10$ lube oil at $100^{\circ} \mathrm{F}(\mathrm{SG}=0.928)$. The flow rate may be as high as $55 \mathrm{gpm}$, and you must select an orifice meter to...

Q:

Two items both have reorder points with service levels of 99%. One of the items is ordered 10 times a year, and the other item is ordered 20 times a year. Do these two items have the same overall...

Q:

(a) Find one more nonzero term for each of the solutions y 1 (x) and y 2 (x) in Example 8. (b) Find a series solution y(x) of the initial-value problem y'' + (cos x)y = 0, y(0) = 1, y'(0) = 1. (c)...

Q:

Draw a schematic diagram of I.C. engines and name the parts.

Q:

Profit Center Responsibility Reporting for a Service Company Thomas Railroad Company organizes its three divisions, the North (N), South (S), and West (W) regions, as profit centers. The chief...

Q:

The manager of a local convenience store is expanding his line of small toy items. To price these new items, the manager is looking at the prices being charged by competing retailers in his area. For...

Q:

Briefly explain the role of the Federal Reserve and list the tools it uses to control the supply of money and credit.

Q:

List the major types of bonds. Explain a mortgage pass-through.

Q:

1. If the RMT strike had gone ahead, what do you think might have been the result? How would the general public view RMT? How would Network Rail be viewed? 2. Do you think the union was a help or a...

Q:

If the Prudential Insurance Company surveys its customers to determine the number of children under age 22 living in each household, a. What is the random variable for this survey? b. Is the random...

Q:

Use the binomial distribution in which n = 6 and p = 0.3 to calculate the following probabilities: a. x is at most 1. b. x is at least 2. c. x is more than 5. d. x is less than 6.

Q:

Dell Computers receives large shipments of micro-processors from Intel Corp. It must try to ensure the proportion of microprocessors that are defective is small. Suppose Dell decides to test five...