Answer:
DDT is the breakdown product of some newer pesticides on the market
Explanation:
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Answer:
The demand curve for wine shifts to the right
Explanation:
As per the forecast, there should be a decline in grape harvest. This induces the buyers to purchase more quantity of grapes in an anticipation of decline in future harvest which would eventually make grapes costlier than now.
Production of wine depends upon the availability of inputs. Grape being one of the necessary inputs. This means if in future, price of grapes rise, the production of wine would be costlier, which would raise the price of wine.
As a consequence of such an announcement, the wine market would experience an immediate increase in demand for wine which would shift the demand curve to the right.
Answer: The fed can reduce they money supply by increasing the discount rate.
Explanation: If the Federal Reserve wants to shift to a more restrictive monetary policy and reduce the money supply they can increase the discount rate. The discount rate is the rate that the fed charges commercial banks to borrow money when they need to add to their reserves. If the fed charge a higher rate, then the commercial bank will in turn charge a higher rate. This higher rate will lead to less money being borrowed, which is reducing the money supply.
The closing argument.
Hope this helps!
