The answer is they seem to go together, since as time passes, the higher the interest rates grow or vice versa, while time passes interest rates may fall as well, but commonly, as time passes, so does interest rates rise. This reactions may be seen in huge companies or organizations that have invested huge amounts of money that have grown overtime
- equal
- value
- legality
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Answer:
False
Explanation:
The correct answer is false because the interest rate does affect the intertemporal budget constraint.
A higher interest rate, will cause the budget line to pivot upwards while a lower rate will make the budget line to pivot downward.
The intertemporal budget constraint can used to show a decision on how to save. It refers to the constraint which an individual encounters when making choices for the present and for the future. It reflects a consumer's decision on the amount to consume in the present and the amount to save in the future.
Answers:
The most expensive item is the living room set
The least expensive item is the two end tables
The total value of the items = $3175
Answer:
E. A and C
Explanation:
Based on the information provided within the question it can be said that this is an example of both the context effect and assimilation effect. Which the context effect describes the effect that the environment affects a certain aspect while the assimilation effect refers to the judgments made based on the position of the stimuli.
