Answer:
Simple interest is paid only on the original amount borrowed.
Answer: The Government increased their involvement in all economic activities.
Explanation: During the Great Depression, President Franklin D. Roosevelt instituted programs to restore the economy and improve social conditions.
The government’s role in America grew more than in any era before the great depression which includes creation of about twenty three new agencies, Social Security Act was passed and one in seven Americans received a Social Security benefit and more than 90 percent of all workers are in jobs covered by Social Security.
The congress passed the Agricultural Adjustment Act (AAA) to provide economic relief to farmers and the creation of a civil works administration which was a work relief program that gave jobs to many unemployed people.
The programs and institutions that were created above prove to be invaluable to the success and growth of the most powerful nation in the world.
If the demand for product x is inelastic, a 15 percent decrease in the price of x will: Reduce by more than 15 percent the amount of X that is being requested. Reduce by less than 15 percent the amount of X that is being requested.
This is further explained below.
<h3>What is the inelastic market?</h3>
Generally, An economic concept known as inelastic refers to an item or service's static quantity when its price varies. When a product's price increases or decreases, customers' purchasing patterns are said to be inelastic, which indicates that neither change affects the other.
In conclusion,If there is no elasticity in the demand for product x, then a price reduction of 15% for product x will have the following effects: The quantity of X that is being requested should be decreased by more than 15 percent. The quantity of X that is being sought should be decreased by more than 10 but less than 15 percent.
Read more about the inelastic market
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<span>the marginal utility become negative at Sixth serving.
After consuming a same product for a number of times, our satisfaction of consuming the product will start to decrease (in this case, it because Carmen started to feel full and maybe nauseated due to the amount of Mac and cheese that she'd been consuming)</span>
