Which of the following describes hoover's philosophical approach to stimulating the economy?
a) direct intervention: give direct relief to individuals to spark the economy.
b) top-down: give money and loans to businesses so they can create jobs.
c) wait and see: over time the economy would correct.
d) hands-off: allow businesses to generate new sources of wealth without government intervention.

Ann chovies, owner of the perfect pasta pizza parlor, uses 20 pounds of pepperoni each day in preparing pizzas. order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. if she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?

Gif the federal reserve did not regulate fiscal policy, monitor banks and provide services for banks, what would most likely be the economic conditions to transact business in the u.s.? the economy would primarily be based on a barter system rather than a fiat system. there would be no discrimination in lending by local banks. the economy would be less efficient and transactions most likely more costly.

Match each economic concept with the scenarios that illustrates it