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When interest rates rise how might business and consumers change their economic behavior?
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How do workers typically express self interest?
By minimizing the economic losses of other business firms
Which are three of the four main economic variables?
external shocks business investment, and interest rates
How do workers typically express self-interest?
By minimizing the economic losses of other business firms
What term refers as taxing spending rules for business money supply interest rates?
Economic Policy
Why does government track the business cycle?
the U.S Gov. tracks and influences business cycles to prevent wild swings and economic behaviors... they act in self interest.
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
What kind of interest group represents different facets of business interest?
Economic
What kind of interest groups represent different facets of business interest?
Economic
Human behavior in business organization?
Human behavior in business is the way employees act. They may not always behave in the best interest of the organization.
A type of interest group that represents business interests?
Lobbyists are the interest group that represent business firms or professionals.
An interest group will represent different facets of business interests?
economic
Which interest group will represent different facets of business interests?
Economic
Interest group will represent different facets of business interests?
Economic
Why do higher interest rates mean higher borrowing cost?
Higher interest rate means that bank has to pay more to borrow money to fund loans. Bank pass the cost of borrow in the form of higher interest rates to consumers and business loans.thus the increase in higher interest rates increases the cost of borrow which consumers and business enterprises has to pay to get a loan.
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.
How did American business add to the decline of government?
us business interest caused unrest because of unfair economic practices
How do workers typically express self interest?
By minimizing the economic losses of other business firms
