1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andrews [41]
2 years ago
7

Drag the tiles to the correct boxes to complete the pairs. For each scenario match it to the correct factor describing the purpo

se for holding money. When price levels rise, people hold onto cash. When interest rates are low, people forgo interest income. When aggregate income is high, people hold cash to buy goods that are plentiful and cheap. When interest rates are low, people speculate that they will soon increase. Andy decided to hold his money in cash, as he did not earn sufficient money as income from interest. arrowRight Ben is a consumer and decides not to purchase luxury items because they are too expensive. arrowRight Chad thinks it to be a good opportunity to buy the products from the market as the supply has increased. arrowRight Daphne is holding onto her money as she feels that the interest rate will go up soon. arrowRight
Business
1 answer:
lord [1]2 years ago
7 0

The purpose for holding money in economic in classified into:

  • transactional motive
  • precautionary motive
  • speculative motive

<h3>The Drop-downs includes:</h3>
  • When price levels rise, people hold onto cash. - Speculative motive

  • When interest rates are low, people forgo interest income - Speculative motive

  • When aggregate income is high, people hold cash to buy goods that are plentiful and cheap - Transactional motive.

  • When interest rates are low, people speculate that they will soon increase - Speculative motive

  • Andy decided to hold his money in cash, as he did not earn sufficient money as income from interest. - Speculative motive

  • Ben is a consumer and decides not to purchase luxury items because they are too expensive - Speculative motive

  • Chad thinks it to be a good opportunity to buy the products from the market as the supply has increased. - Transactional motive

  • Daphne is holding onto her money as she feels that the interest rate will go up soon - Speculative motive

Read more about holding motives

<em>brainly.com/question/16287958</em>

#SPJ1

You might be interested in
NetonBe makes sweaters, which traditionally involved the following steps: dyeing (i.e., into six different colors), knitting of
ArbitrLikvidat [17]

Answer:

NetonBe

The standard deviation in demand for each of these three generic sweaters is:

a) Approximately 600

Explanation:

a) Data and Calculations:

Different sweater color & size combinations in the end = 18

Normally distributed demand mean of size = 1,000

Total demand of sizes = 18,000

Standard deviation of each size = 100

Standard deviation = 10% of mean (100/1,000 * 100)

Standard deviation for the total sizes = 1,800 (18,000 * 10%)

Average demand of new three sizes = 6,000

Total demand for the three new sizes = 18,000 (6,000 * 3)

Therefore, the standard deviation in demand for each of these three generic sweaters will be = 600 (6,000 * 10%)

5 0
2 years ago
The price of a camera decreases from $200 to $180, and in response to the price change the quantity demanded increases from 60 t
bonufazy [111]

The price of a camera decreases from $200 to $180, and in response to the price change the quantity demanded increases from 60 to 70 units. Therefore, demand for cameras in this price range is inelastic.

An economic word known as "inelasticity" describes an item or service's unchanging quantity when its price varies. When prices rise, consumers' purchasing patterns essentially stay the same, and when prices fall, those same purchasing patterns still hold true. This is known as inelastic demand. When an item or service's quantity remains constant when its price increases, it is said to be "inelastic. "When a good or service's price increases or decreases, consumers' purchasing patterns essentially stay the same. The same is true when the price of the good or service decreases. The demand for an item or service that is totally inelastic would not fluctuate regardless of price; however, no such good or service exists. Elastic contrasts with inelastic.

To learn more about inelasticity visit here;

brainly.com/question/28192591

#SPJ4

7 0
1 year ago
Scarcity is the most basic problem in economics true or false
Rasek [7]
True.

I hope this helps! :)
5 0
3 years ago
Read 2 more answers
A corporation acquires new funds only when its securities are sold in the
Varvara68 [4.7K]
C so sorry I’m wrong
8 0
3 years ago
Fill in the blank with one of the following words: bacteria, fungi, parasites, viruses.
denis23 [38]

Answer:

Corona and china

3 0
3 years ago
Other questions:
  • The owner of a newspaper-stand wants to raise prices to increase revenue. There are a number of other newspaper-stands nearby. W
    5·1 answer
  • What is the difference between a commercial bank and a savings bank
    6·2 answers
  • Adam and Brittany both recently started new jobs. Both have determined that they should save 10 percent of their monthly income
    15·2 answers
  • Under the Securities Act of 1933, if damages were incurred and there was a material misstatement or omission in the financial st
    11·1 answer
  • Gonzales Corporation generated free cash flow of $86 million this year. For the next two years, the company's free cash flow is
    10·1 answer
  • Garcia Co. sells snowboards. Each snowboard requires direct materials of $119, direct labor of $49, and variable overhead of $64
    8·1 answer
  • The second step in the repetition strategy is to_____________the information.
    15·2 answers
  • Which statement is an example of effectively managing diversity
    8·1 answer
  • The period of time that is ideal to achieve the success of a new product is the:
    12·1 answer
  • During a period of economic expansion, when expected profitability is high, the: select one: a. Equilibrium price of bonds incre
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!