Maybe not get rid of, but it would definitely be a good idea to put aside old textbooks and things like that.
Answer: Say the Federal Reserve decides to reduce interest rates to stimulate economic growth. They do this by purchasing government securities over the open market with newly created money. The bank will take this new money and lend it out (or purchase securities, it doesn't matter due to arbitrage). This has the effect of increasing the supply of loanable funds, pushing down the interest rate.
Now just because the interest rate is lowered does not mean that the expansionary monetary policy will have its desired effect immediately. Lower interest rates encourage borrowing, and increased borrowing can increase employment, GDP, etc. There is a lag between the reduction in interest rates and its effects on the real economy. People will not respond to the lower interest rates by borrowing and hiring immediately; the effect can take 1-2 years.
Explanation:
The fault block mountains shift
Answer:
1. If you're walking somewhere, walk on the RIGHT side, NOT the left (If you're American :) If you're not American and it's normal for you to drive on the left side, then please also walk on the left side)
2. Don't chuck your trash at the tree. If you have trash, put it in a trashcan. If you see trash, put it in a trashcan.
3. If you're going to use profanity, do it quietly, please. It makes the rest of us uncomfortable.
4. When wearing earbuds or headphones, make sure that other peeps can't hear it.
5. SUPER SIMPLE but SOME brains can't get this: just be overall respectful to others. You don't know them or their situation, so leave them be.
6. Last one and it's small. Hold open doors for people right behind you. Don't pull a sneaky ninja right before the door closes and make the other person open the door.
<span>Products that customers consider essentials or necessities tend to have less elasticity than products viewed as luxury or discretionary. If a customer believes he needs a certain product for survival, quality of life, or pleasure, he is more likely to stretch a bit to purchase the item if the price goes up. On the contrary, a product viewed as optional is a less likely purchase as the price increases because the customer believes he can live without it.Customer OptionsThe more options a customer has to meet a particular functional or emotional need, the more elastic a product's demand. This is why a company with a monopoly has a huge advantage. Customers don't have options and feel compelled to buy from the given provider. In highly competitive industries, price differentials are usually less among competing brands because of the ability customers have to select lower-priced alternatives. A closely related factor is the cost of switching brands. Cell phone customers often wait to change providers to avoid penalties if they are obligated to service contracts.
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