Mindblown: a blog about philosophy.
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What are most instruments created in Paraguay made of?
Question:-What are most instruments created in Paraguay made of? Answer Many of the so-called conventional music instruments developed in Paraguay are made from locally available sources. Of all the materials used, one popular material is the wood obtained from the palo santo tree due to the timber quality and resonance. Products like the Paraguayan Harp,…
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An increase in the rate of expected inflation causes _____.
An increase in the rate of expected inflation causes _____. a. the short-run aggregate supply curve to shift down b. an upward movement along the short-run aggregate supply curve c. the short-run aggregate supply curve to shift up d. a downward movement along the short-run aggregate supply curve Answer: c. the short-run aggregate supply curve…
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Which of the following is not a cost typically associated with owning a car?
Which of the following is not a cost typically associated with owning a car? A. Fuel. B. Insurance. C. Wear and tear fees. D. Maintenance. Answer: C. Wear and tear fees. Expenses incurred when one owns a car are several of them which include: These are the costs such as fuel costs, the costs incurred…
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Which of the following has the largest impact on opportunity cost?
Which of the following has the largest impact on opportunity cost? a. consumer wants b. tight deadlines c. limited resources d. consumer needs Answer: c. limited resources This is as an opportunity cost of any choice or decision-making exercise which is the value of the next best option that has been lost. Opportunity cost therefore…
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Describe the situational irony in “The Gift of the Magi,” and tell what lesson about life and love you think it teaches Jim and Della.
Question:- Describe the situational irony in “The Gift of the Magi,” and tell what lesson about life and love you think it teaches Jim and Della. Answer The story ‘‘The Gift of the Magi” by O. Henry is one that is packed with situational irony. Jim and Della are young, loving and engaged and the…
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Which of the following is a true statement about diversification?
Which of the following is a true statement about diversification? A) Diversification allows you to eliminate all risks when investing in stocks. B) The more correlated the stocks in your portfolio are, the more diversified you are. C)The more correlated the stocks in your portfolio are, the less diversified you are. D) The diversification benefits…
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which of the following measures the opportunity cost of holding currency?
Question:- which of the following measures the opportunity cost of holding currency? Answer: The nominal interest rate refers to the rate of income that could be received if one preferred to invest in interest-earning securities such as bonds or deposits rather than holding on to cash. The opportunity cost involves the returns from interest which…
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When production is very high but demand is very low, it can lead to:
When production is very high but demand is very low, it can lead to: a. a recession b. a recovery c. prosperity d. the peak Answer: a. a recession It implies that when production capacity is very high, and utilization of goods and services is very low, then one faces a recession. Economy downturn is…
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Which of the following best describes the components of a nucleotide?
Which of the following best describes the components of a nucleotide? a. a phosphate and a hexose sugar b. a phosphate and a pentose sugar c. a nitrogen-containing base and a pentose sugar d. a nitrogen-containing base, a phosphate and a hexose sugar e. a nitrogen-containing base, a phosphate and a pentose sugar Answer: e.…
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All else constant, a bond will sell at _____ when the yield to maturity is _____ the coupon rate.
All else constant, a bond will sell at _____ when the yield to maturity is _____ the coupon rate. A. a premium; greater than B. a premium; equal to C. at par; greater than D. at par, less than E. a discount; greater than Answer: E. a discount; greater than Low interest rates in the…
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