Answer and Explanation:
The formula to compute the price elasticity of demand is as follows:
= Percentage change in quantity demanded ÷ percentage change in price
At Price P0, the Quantity demanded is Q0
And,
At Price P1, the Quantity Demanded is Q1
Just like this, it could be computed
divided by 
Answer:
b. decreases both the money multiplier and the money supply.
Explanation:
An increase in reserve requirements will decrease the money supply in the economy. This is because, banks and other financial institutions will have lower excess reserves to lend out to the public hence decreasing the overall amount of borrowing . Based on money multiplier, the explanation is based on the following equation;
Money multiplier = 1/ required reserve , if the required reserve increases then the fraction will be smaller. Therefore, the money multiplier will decrease too.
Answer:
C. every additional missile will reduce consumer goods production more and more.
Explanation:
Due to the fact there are limited resources in the economy, as more of one product is being produced, there would be less resources available to produce the second good and as a result, the number of the other good that can be produced would reduce.
As more of one good is produced, the opportunity cost of producing the other good increases.
As more missiles are produced, less consumer goods would be produced and the opportunity cost of consumer goods would increase.
This can be understood by looking at the production possibility curve.
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced
It is for this reason that the production possibility frontier is bowed outwards
They can settle their creditor debtor relations out of court through a WORKOUT.
A workout refers to an out of court arrangement in which a debtor and a creditor reach some agree about how the debtor is going to pay the creditor back.
Answer:
(C) doing both of the above
Explanation:
When dealers "make a market", they do so by providing liquidity in a market that may lack such. Liquidity measures the ease with which participants can buy and sell in a market. Thus, by making a market, a dealer buys stocks for inventory when investors want to sell, and sells stocks from inventory when investors want to buy.
