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Answer:
B) When the price of ice cream rose, the quantity demanded of ice cream fell and the demand for ice cream topping fell.
Explanation:
A rise in the price of a good would lead to a fall in the quantity demanded of the good.
So, a rise in the price of ice-cream would lead to fall in the quantity demanded of ice cream.
A rise in the price of ice-cream would lead to a fall in the demand for ice cream toppings.
Although we do not have access to the chapter, we can provide a generalized answer in that people can still be motivated to buy watches today as an accessory from a fashion standpoint.
<h3>What are some motivations today for purchasing a watch?</h3>
In this digital age, watches are no longer purchased mainly for their functional aspects given that smartphones can more than suffice. However, as all marketing for watches will prove, the principal motivation for watches today is fashion. Watches now serve as an accessory to complete any outfit, and as is the case with diamonds, a more expensive watch will occupy the role of a lucrative accessory, drawing the desired attention.
Therefore, we can confirm that people can still be motivated to buy watches today as an accessory from a fashion standpoint.
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Answer:
see below
Explanation:
The negative savings rate is when the bank's interests on deposits fall below zero percent. It means that banks should charge customers interest on savings rather than pay interests on customer deposits. The negatives savings rate is meant to encourage customers to consume more, as opposed to saving. The objective is to promote spending to boost the economy.
The negative savings rate encourages banks to give more loans. The banks find it more prudent to offer loans and earn interest instead of being charged for holding customer deposits.
