Answer:
I would say A or D. But I'm leaning towards D - patterns created to attract young and affluent customers.
Answer: 0.072
Explanation:
From the question, we are given the information that income property has a gross annual income of $14,250 and monthly expenses of $300 and that it has been valued at $147,000.
The capitalization rate will be calculated as:
= [$14, 250 - ($300 X 12)]/$147,000
= ($14,250 - $3,600)/$147,000
= $10650/$147,000
= 0.072
= 7.2%
Answer:
A) production is determined by the interaction of supply and demand.
Explanation:
A pure market economy is an economy where production decisions are made by the forces of demand and supply. there is no intervention of the government in production decisions
Characteristics of a pure market economy
- Private ownership of means of production
- freedom of choice. Producers are free to produce what they desire
- competition among producers
- no government intervention.
Answer:
D. the desire to have goods and services sooner rather than later (all other things being equal).
Explanation:
The time preference talks about the placing relative value on goods received at an earlier date compared with receiving that particular goods at a later date. It is the assumption that people prefer a given goods or services be delivered sooner rather than later all things being equal. It occurs when a person focus on having a good sooner rather than later.
Answer:
Option (C) is correct.
Explanation:
Given that,
Change in investment spending = $10 billion
Marginal propensity to consume, MPC = 0.8
Therefore, the magnitude of shift in aggregate demand will be determined by multiplying the spending multiplier with the change in investment.
Spending multiplier:
= 1/ (1 - MPC)
= 1/ (1 - 0.8)
= 5
Change in aggregate demand:
= Increase in investment spending × Spending multiplier
= $10 billion × 5
= $50 billion
Therefore, the aggregate demand curve will shift rightward by $50 billion.
