Answer:
a. The situation can be shown with a normal equilibrium supply and demand graph (as shown in the attached file).
b. There is a shift in demand from left to right due to the crowding out of the deficit budget.
Explanation:
If the government is running a deficit budget, there will be an increase in the total demand for loanable funds. This is because the government must borrow money to balance the situation. As a result, the interest rate will increase. However, the private demand will remain the same and investment will be less due to the high interest rate.
“However, amid ongoing socio-political concerns and consumers' disposable income under pressure, what South Africa needs now is an injection of confidence that will stimulate the economy and drive investment. ... Consumer confidence has been dented as household finances have had to adjust to reduced disposable income.
Electric providers are an example of natural monopoly, as a specific type of monopoly <span> in which having a single firm that produces certain a product or service results in costs minimization.Having multiple suppliers of the product or service would be wasteful. In this case, electric providers should build network infrastructure which is non-sense. Another examples include city water, natural gas,..</span>
Jose uses the power of his position to help his employees grow and succeed. Jose is using socialized power.
<h3>
What is Socialised Power? </h3>
- Effective leadership is frequently linked to socialized power demand.
- Instead of just advancing the position and wealth of the leader, these leaders use their influence in ways that are socially beneficial to others and the organization.
- They crave power because it is only with the power that things can be done.
- People are the wellspring of social power. Society derives its force from people's aspirations, vigor, and capacities. Individual power becomes societal power when it is organized and directed through a system.
- Power is necessary to effect change. Changes can be achieved when there is no power, but it will take a lot of fight and effort to make even a small difference.
To learn more about Power refer to:
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Answer: Acquisitional Shopping
Explanation:
Acquisitional Shopping: At the point when a consumer base their purchasing exercises on a particular expectation or reason, the person is encountering Acquisitonal shopping. But in this kind of shopping action mostly emphasize utilitarian value of the item. Sometimes this sort of shopping cannot be entirely enjoyable in light of the fact that the purchaser may think it is more as a task, for example purchasing printer ink, topping off the gas, grab some groceries.
