President Hoover responded cautiously to the Great Depression because he thought <span>that the business cycle would correct itself. The correct option among all the options that are given in the question is the first option or option "A". I hope that this is the answer that has actually come to your desired help.</span>
Answer:
Dean probably will be able to get the painting back.
A mutual mistake was made since both parties involved, Dean and Susan, made an important factual error. They both were convinced that the painting was an ordinary copy and that it was worth very little money.
Answer:
total expenditure would increase
Explanation:
the demand for ground beef is inelastic.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one.
As a result of the disease, the supply of ground beef would fall. this would lead to a hike in the price of ground beef. But since demand for ground beef is inelastic, the the fall in demand would be less than the rise in price, so total expenditures would rise.
Answer:
D) all of these
Explanation:
interest rate arbitrage is a method of making a profit by buying currency in one place and selling it in another place, making use of the difference in interest rates in the two places.
There are different factors that can discourage covered interest arbitrage they are:
• transaction cost
• political risk
• differential tax laws
• inflation rate
• interest rate
• recession etc.
Answer:
The statement is false because a change in the price of Coke would not change the demand for Coke.
Explanation:
A demand schedule is a table that shows the quantity demanded at different prices in the market. A demand curve shows the relationship between quantity demanded and price in a given market on a graph. The law of demand states that a higher price typically leads to a lower quantity demanded