Question 212 pts According to the World Bank, the high-income oil-exporting nati

Question

Question 212 pts

According to the World Bank, the high-income oil-exporting nations like Libya, Saudi Arabia, Kuwait, and the United Arab Emirates:

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Question 222 pts

A financial intermediary accepts deposits from savers and makes loans to borrowers.

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Question 232 pts

Households interact with business firms by:

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Question 242 pts

Based on the fact that the companies Ford, IBM, PepsiCo, and McDonald’s own and operate producing units in many different countries, they are categorized as:

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Question 252 pts

A rightward shift in the aggregate supply curve is generally associated with a reduction in resource prices.

Explanation / Answer

ANSWER 212::::: (A) are considered to be still developing countries.

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ANSWER 222::::: TRUE.

REASON:::::A financial intermediary that accepts deposits from savers and makes loans to borrowers; includes commercial banks, savings banks, savings–and–loan associations, and credit unions. ... The market in which banks with excess reserves lend them to banks that desire additional reserves.

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ANSWER 232:::: (c) Buying resource service from business firms.

Explanation:::::Households interact with business firms it two distinct ways: (1) households supply economic resources, such as labor, to businesses in exchange for income, and (2) households use their incomes to buy goods and services produced and sold by business firms. The first type of interaction occurs in markets for resources.

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ANSWER 242::::(c) Multinational firms..

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ANSWER 252::::: TRUE..

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