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STALIN [3.7K]
2 years ago
13

The _____________ holds that a rise in price level will make domestic goods relatively more expensive, ____________ exports and

_______________ imports.
Business
1 answer:
exis [7]2 years ago
3 0

The interest holds that a rise in price level will make domestic goods relatively more expensive, rate exports and effect imports.

<h3>What are domestic goods?</h3>

domestic goods  are goods that are being produced locally in a particular country which can as well be exported out.

In this case, The interest holds that a rise in price level will make domestic goods relatively more expensive, rate exports and effect imports.

Learn more about domestic goods on:

brainly.com/question/1383956

#SPJ1

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The correct answer in this particular situation would be it increased.
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You just obtained a loan of $15,700 with monthly payments for four years at 6.35 percent interest, compounded monthly. What is t
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I prepared an amortization schedule using excel. You will need to make 48 monthly payments of $371.24

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3 years ago
What effect would a bumper crop most likely have on the price of that crop?​?
Lunna [17]
<span>This will most likely drive down the price of that crop. Price is a function of demand and supply, if a bumper crop leads to much more supply with little change on the demand side, the price of the supply will have to reduce for the market to clear.</span>
5 0
4 years ago
A bond that is callable has a chance of being retired earlier than its stated term to maturity. Therefore, if the yield curve is
wlad13 [49]

Answer: false

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It is a false statement, that if the yield curve is upward sloping, an outstanding callable bond should have lower yield to maturity than noncallable bond.

7 0
3 years ago
Suppose you are taking a luxury tour of a city in a limousine. With just a few passengers, the tour is pleasant and everyone has
melisa1 [442]

Answer:

Answer is explained in the explanation section below.

Explanation:

Note: This question is incomplete and lacks necessary data about the number of passengers and total utilities. However, I have found a similar question on the internet and will using its data to solve for this problem. Besides that, I have attached the data in the attachment that I am using in this question.

Solution:

First of all, we are asked to calculate the marginal utility. In order to do that, we need to know the formula for Marginal Utility.

Formula:

Marginal Utility = TU2 - TU1/C2-C1

Where,

MU = Marginal Utility

TU = Total Utility

C = Number of units

So, according to the data provided.

For 0 number of passengers:

MU(0) = 0

For 2 number of passengers:

MU(2) = (100 - 0)/(2-0) = 100/2 = 50

Similarly,

For 4 number of passengers:

MU(4)=(225-100)/(4-2)= (125/2) = 62.5  

For 6 number of passengers:

MU(6)=(355-225)/(6-4) = (130/2) = 65

For 8 number of passengers:

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For 10 number of passengers:

MU(10)=(425-400)/(10-8)= (25/2) = 12.5

6 0
3 years ago
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