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2. When interest rates rise how might businesses and consumers change their economic behaviour?
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How are economic interest groups organized?
Economics interest groups are organized to represent small and large businesses. phagit
What are three economic costs of unprofitable businesses?
Earnings before interest, taxes, depreciation and amortization
In the system workers are most productive and Nations economies functions most effectively when people and businesses can pursue their economic interest privately?
Conservation
An economic interest group works to?
An economic interest group works to gain economic advantages for its members.
What is the consequences of consumer economic decisions in a free enterprise economy?
In a free enterprise economy, the consumer economic decisions can affect the price and supply of a commodity. When the consumers show interest in a product (demand), there will be an increase in the number of producers willing to supply it.
How are economic interest groups organized?
Economics interest groups are organized to represent small and large businesses. phagit
What are three economic costs of unprofitable businesses?
Earnings before interest, taxes, depreciation and amortization
The Teamsters and the AFL-CIO are examples of what kind of interest group?
The Teamsters and the AFL-CIO are examples of economic interest groups. Economic interest groups include organizations that represent big businesses or big labor groups.
What do consumers advocacy group do?
They promote the interest of consumers in areas such as product safety, reliability, and affordability.
Economic environment in buiness?
The totality of economic factors, such as employment, income, inflation, interest rates, productivity, and wealth, that influence the buying behavior of consumers and institutions.Hailegiorgis Biramo Allaro11 October 2011
In this workers are most productive and a nation's economy functions most efficiently when people and businesses can pursue their economic interest privately?
laissez faire
In the system workers are most productive and Nations economies functions most effectively when people and businesses can pursue their economic interest privately?
Conservation
Why is credit important for business and consumers?
Credit is important for both businesses and consumers who are trying to get loans and lines of credit. Without good business or personal credit, you reduce the chances of being granted a business loan at reasonable interest rates.
An economic interest group works to?
An economic interest group works to gain economic advantages for its members.
How do you know if a guy who shows interest in you is a player?
By his behaviour
What is the consequences of consumer economic decisions in a free enterprise economy?
In a free enterprise economy, the consumer economic decisions can affect the price and supply of a commodity. When the consumers show interest in a product (demand), there will be an increase in the number of producers willing to supply it.
How do interest rates affect businesses?
Interst rates remove some of the profits that are made in businsses that make loans to opperate. Interest rates also make less money available to people that are paying of houses resulting in their not purchacing as much from businesses. this also flows on to renters of homes. the higher the rates the lower the economic activity.
