Answer:
The answer is : People consume the goods they produce
Explanation:
Say's law could also be refereed to as Say's law of markets in Classical economics states that supply itself creates its own demand which is equivalent to people consuming what they produce.
Answer: John's Savings account balance declined by $50 and his Checking account balance increased by $50
Explanation:
The checking account statement shows that there was an online funds transfer from Savings into the checking account.
The checking account will therefore increase by $50 because money was transferred into it and therefore added to its balance. The savings account on the other hand, will reduce by the same amount because it transferred the money into another account.
Answer:
Liquor consumers
Explanation:
Price elasticity measures the degree of responsiveness of quantity demanded to changes in price. Demand is elastic if a small change in price has a great effect on quantity demanded. The coefficient of elasticity is usually greater than 1.
Demand is inelastic if changes in price has little or no impact on the quantity demanded. Coefficient of elasticity is usually less than 1.
The elasticity of demand for liquor is -0.4 while the elasticity of supply for liquor is 3.5. Therefore the demand for liquor is inelastic while the supply of liquor is elastic.
If taxes are imposed on consumers, the quantity demanded wouldn't change or change a little.
If taxes are imposed on suppliers, the quantity supplied would fall more.
Therefore , the burden of tax can be passed on more to consumers.
I hope my answer helps you.
Answer:
Low betas.
Explanation:
Low beta stocks are considered to be less risky, and usually they also offer low returns. The risk of losing capital in this type of investment is very low. This type of investment is ideal for people that are risk adverse and prefer to maintain their capital even at low returns.
On the other hand the higher the beta the higher the risk, and it also comes with higher returns on investment.
Because the needs for household goods and food are always constant, the companies that supply them tend to have stock that are low beta.
Answer:
d.funded status relative to the accumulated benefit obligation.
Explanation:
Employees should be informed funded status relative to the accumulated benefit.
