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Blababa [14]
3 years ago
11

Equilibrium levels of income and interest rates are ______ related in the goods and services market, and equilibrium levels of i

ncome and interest rates are ______ related in the market for real money balances.
A. positively; negativelyB. negatively; negativelyC. positively; positivelyD. negatively; positively
Business
1 answer:
dsp733 years ago
7 0

Answer:

The correct answer is option D.

Explanation:

The income and interest rates are inversely or negatively related in the goods market.

An increase in interest rate would lead to increase in the cost of borrowing.As a result the capital investment will fall. This would further contribute in a decline in the production. This ultimately causes income level  to decline.

In the money market though equilibrium levels of income and interest rate are positively related.

The equilibrium in the money market is determined by the intersection of demand for money curve and supply of money curve.

The demand for money depends on transactionary and precautionary motives. When there is an increase in income, the transactionary demand for money will increase as people will spend more. The increase in demand would cause the interest rate to rise.

In this way, income and interest rate arepositively related in the money market.

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As an employee, Larue will be covered by the statute of frauds for the employment contract and the laptop purchase only.

<h3>What is a statute of fraud?</h3>

This statute is a concept that maintains that some types of contracts need to be executed in writing.

This statutse are used for contracts for the sale of land, agreements involving higher worth of goods, contracts lasting one year etc

In conclusion, in this case, Larue will be covered by the statute of frauds for the employment contract and the laptop purchase only.

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5 0
2 years ago
Risk can be thought of as the possibility of incurring??
tia_tia [17]

Answer:

Risk can be thought of as the possibility of incurring a loss.

Explanation:

Loss.

4 0
3 years ago
Which evidence does Gore use to support the idea that climate change is
mart [117]

Gore use to support the idea that climate change is Worldwide events and damages are resulting from climate change.

<h3>What is Climate?</h3>

Climate helps to describe how the weather in particular place is.

It includes the temperature, humidity, sunlight, rainfall and precipitation. The effect of the interaction of this factors determines the climate over a longer period of time.

Therefore, Gore use to support the idea that climate change is Worldwide events and damages are resulting from climate change.

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8 0
2 years ago
The Car Service Center has the design capacity to perform an average of 60 repairs per day. The effective capacity of this repai
ELEN [110]

Answer:

(36 /60 ) * 100

Explanation:

Based on the information given the capacity  utilization percentage will be :

Capacity  utilization percentage= (36 /60 ) * 100

Capacity  utilization percentage=60%

Where,

36 per day represent Actual repairs number

60 repairs per day represent Design capacity

Therefore capacity utilization percentage is (36 /60 ) * 100

7 0
3 years ago
Julie wants to buy a car and is deciding how she should invest her money. To best meet her needs, she should
Black_prince [1.1K]

Answer: invest in US savings bonds because of its short term.

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3 0
3 years ago
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