Answer:
1. Sharp increase in taxes affects middle-class families
2. A sports-apparel company cuts jobs as a result of slow sales
3. A fast food chain goes out of business and shuts down all of its restaurants.
Explanation:
The circular flow of income shows the flow of money from economic activities between households and firms. Households receive payments for their services in the form of wages and salaries and use this money to purchase goods and services for consumption from the firms. The firms can use their sales revenue and profits to pay for wages and salaries. This continues in a cycle.
There are injections into and withdrawals out of the circular flow of income. Withdrawals (leakages) can occur in the form of savings, taxes and imports.
1. When there is a sharp increase in taxes, people spend more of their income on paying their taxes. Hence, they have little remaining of disposable income to spend on consumption.
2. When a sports-apparel company cuts down on jobs, many people will lose their salaries or wages. Hence, they would be unable to spend on goods and services produced by the firm. This in turn means lower sales revenue for the firm.
3. As a fast food chain shuts down its operation, a lot of suppliers will lose their sales. At the same time, employees would lose their income. Hence, it is a form of leakage from the circular flow of income.
Answer:
$1,100
Explanation:
Calculation for what will the investment be worth after 16 years
Rule of 72 is the rule or methods which help in estimating an investment's doubling time.
Therefore According to the rule of 72 what we are going to do is to double the amount of money invested in the Certificate of deposit which was $550
Hence,
Since $550 was invested at an annual interest rate of 4.5%. Thus the rule of 72 tells us that the money will double every 16 years,
Approximately:
Years Balance
Now $550
16 $1,100
( The amount of $550 doubles every 16 years)
Therefore what the investment be worth after 16 years will be $1,100
Answer;
No of spaghetti he purchase 
Explanation:
Given,
Price of iced tea is
per bottle
Price of spaghetti is 
per serving
Let no iced tea is 
Let no of spaghetti =
multiply by 2
(i)
(ii)
(ii)-(i)
No of spaghetti is 100
No of iced tea is 100
The correct answer for this question is this one: "YES" A business driver which focuses on ways to achieve better efficiencies to increase profits. In this way, that business driver is playing game securely. Hope this helps answer your question and have a nice day ahead.
Answer:
The correct answer is c. risk averse
.
Explanation:
Risk aversion is the attitude of rejection that an investor experiences in the face of financial risk, specifically in the face of the possibility of suffering losses in the value of their assets. The degree of risk aversion determines the profile of the investor (conservative, medium, risky) and should be the starting point for choosing an investment product. For example, a person with high risk aversion (conservative profile) will tend to choose products with lower expected yields, but more stable. On the contrary, a risky investor will be more willing to suffer eventual losses in exchange for the possibility of obtaining superior benefits.
