Answer: A. Draft a formal offer letter is not something you need to do following the compleition of an interview. After an interview, if you are qualified and wanted for hirer by the organization, they will likely draw up a formal offer letter and provide that to you when offering you the position. The formal offer letter typically includes the date of start and monetary offer the company is willing and able to pay.
b. buying, borrowing
c. buying, selling
Correct answer: C. buying and selling
The securities that are being bought and sold are government securities. Government securities are bonds or other financial certificates sold by the government. As Investopedia explains in regard to "open market operations," the purchase of government securities brings money into the banking system, stimulating growth by stimulating the money supply. The selling of government securities does the opposite, contracting the economy. The Federal Reserve uses open market operations to adjust and monitor the federal funds rate -- in other words, the interest rate at which banks borrow from each other.
b. primary industries
c. trinity industries
d. secondary industries
ANSWER: GOLD JEWELERY
EXPLANATION: Gold Jewelery is a classic example of a product with highly elastic demand. Consumers often tend to sway away to substitute products or postpone buying the gold jewelery if the price increases by a very small amount.
Two factors which makes the product's demand so elastic are:
a. AVAILABILITY OF SUBSTITUTES: People often tend to shift to substitute products when the price of the product increases. For example, for Gold Jewelery, people often tend to shift to jewelery which are artificial in nature or are made up of comparatively cheaper metals like silver.
b. INCOME LEVEL: Income level of the consumer plays a very important role in the market. Buying Gold jewelery after price hike for a person who earns $1000 a month maybe a trouble but for someone who earns as handsome as $10,000 a month may not be burden.