Questions

Brazil is one example of a closed economy in the given options. 

A closed economy is one that has no trade activity with outside economies. A closed economy is self-sufficient, which means no imports come into the country and no exports leave the country. A closed economy's intent is to provide domestic consumers with everything they need from within the country's borders.

Personal financial planning is the process of creating and achieving financial goals.

True statements regarding personal financial planning:

As we age, the number and complexity of the financial decisions that we make increases.

There are two means for achieving financial goals—you either need to increase your savings or reduce spending.

A family's resources are limited.

The intention of the interviewer by asking this question is to discover the pain points for the candidate.

Here this can be explained with an example like this :

The administrative assistant might seem like someone whose job is simply keeping everything filed and organized and scheduled. But they actually are the building block of the entire office, making everyone's lives function more smoothly and with good access to information when they need it.

Sometimes I have so many things crossing my desk at a given time that I can get a bit overwhelmed. When this happens I take a deep breath and focus on prioritizing the work. Then I get a clear head again and can dive back in.

Oligopoly is market structure where a small number of large firms are there. Oligopolistic industries are characterized by a few dominant firms and substantial entry barriers.

In the middle of the 6th centuryB.C, a powerful empire was established in Iran this empire which lasted over two centuries is known as the Achaemenid Empire. The founder of this Empire was Cyrus with his capital at pasargadae. In 539 B.C, cyrus defeated the Babylonians and extended his empire over a vast territory up to Asia Miner. His successor was Darius I (522-486 B.C).

Galvanised iron sheets have a coating of zinc.