1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
o-na [289]
3 years ago
5

An economics student makes the following statement: "It's easy to understand why the aggregatedemand curve is downward sloping:

When the price level increases, consumers substitute into less expensive products, thereby decreasing total spending in the economy." This statement is false because the aggregate demand curve isa.downward sloping because as prices rise, consumer real wealth declines, interest rates rise, and exports become more expensive
Business
1 answer:
mafiozo [28]3 years ago
5 0

<u>Answer</u>:

<u>True</u>

Explanation:

Indeed, the economics student was mistaken because aggregate demand <em>follows a pattern</em> that when prices rise, consumer wealth declines, the interest rates rise, and exports become more expensive thus leading to a downward sloping of the aggregate demand curve.

Therefore, the second statement is correct (True) for saying the economics student was wrong in his statement.

You might be interested in
_______is the practice whereby a foreign producer intentionally sells its products in the United States for less than the cost o
Sonja [21]

Predatory Pricing is the practice whereby a foreign producer intentionally sells its products in the United States for less than the cost of production to undermine the competition and take control of the market.

<h3><u>Explanation:</u></h3>

hen there is a situation in the market whereby the products are sold at a cost very low than the cost of other suppliers refers to the predatory pricing. When predatory pricing is practiced then the suppliers with lower price will alone survive in the market making all the other suppliers to forcefully leave the market.

This kind of act is illegal. This is because predatory pricing will eradicate the competition. The main aim of this type of pricing is to eliminate the small business from the market. In the given scenario, a foreign producer is selling its products intentionally at lower price in U.S for the lower cost than the cost of production and takes the market to its control which is an example of Predatory Pricing.

4 0
3 years ago
Next week, Mortimer is preparing to go to work for the Illinois department of Child Services. He was surprised when his friends
Fittoniya [83]

Answer:

The implication is that the Illinois Department of Child Services is a unionized workplace.

Mortimer will derive better benefits that surpass the costs of membership.  He is covered in all collective bargains, even when he resigns his union membership.  Unions negotiate for better working conditions, higher pays, and improved benefits.

When Mortimer has any grievance against the department, the union will also represent him, thereby making his life easier since unions can negotiate better with employers than individual workers.

Mortimer is even lucky to find a job at a unionized workplace because the jobs are not usually advertised as union members easily bring in their relatives and friends to occupy such vacancies.

Explanation:

Most of the disadvantages that Mortimer should complain about unions are disadvantages to the employer and not to him as an individual worker.  For the employer, the union acts as a form of monopoly that can decide whether the workers would work or not.  The unionized workers are not easy to replace with other workers.

8 0
3 years ago
Discuss motown production techniques as applied to motown girl groups of the 1960s, including specific artists and performance/n
Liono4ka [1.6K]

Motown records was created by Berry Gordy Jr. who is an American record executive, record producer, song writer, film producer and television producer.  The Motown record  company played a very important role in the racial integration of popular music as an African-American owned label that got crossover success. Motown was the most successful record label of soul music. Motown producers believed "resolutely" in KISS principle (keep it simple stupid) and they used Pop production techniques such as the use of  orchestral string sections, charted horn sections, and carefully arranged support vocals. Complex arrangements and melismatic vocal riffs were avoided.

8 0
3 years ago
How to increase a website traffic
Neko [114]

To increase traffic on a website you should be more focused towards your content and how do you present your content.

So, for starters, here are the top ten methods and my recommended tactics :

1. Conduct research and create a list of challenging keywords

2. Sort all of the keywords by importance for better outcomes.

3. Employ seasoned content writers to prepare the content.

4. Make all of the content current and SEO-optimized.

5. Connect all of the pertinent posts together.

6. Switch the website server to a cheap VPS hosting that includes a CDN.

7. Remove all harmful backlinks and GSC-disavow them.

8. Make Contact with Bloggers About Guest Posts in Related Niche.

9. Employ HARO link-building strategies.

10. Export Every GSC Record to Boost Website Traffic.

To learn more about website traffic here :

brainly.com/question/14744708

#SPJ10

8 0
2 years ago
As a manager, two of Sylvia's strengths are her ability to communicate goals clearly, and her ability to guide, coach, and motiv
tatuchka [14]

Answer:

The correct answer is letter "D": Leading.

Explanation:

Managers have different functions within their organizations. The leading role implies setting an example of how work should be done in the entity. Managers should be the firsts applying what they request. By leading groups, managers guide employees to the organization's success without forgetting to attempt to fulfill workers' personal objectives.

6 0
3 years ago
Other questions:
  • 6. You have 45 years left until retirement and want to retire with $4 million. Your salary is paid annually, and you will receiv
    5·1 answer
  • Which statement is false? A) Taking a physical inventory involves actually counting, weighing, or measuring each kind of invento
    14·1 answer
  • What is the most effective way to control chryptosporidium?
    8·1 answer
  • In this sampling method we believe there are significant differences between groups comprising the population. Here we assign th
    10·2 answers
  • A management concept based on an understanding of the changing wants and needs of customers, and which leads to flexible product
    14·1 answer
  • If Good C increases in price by 30% a pound, and this causes the quantity demanded for Good D to increase by 40%, what is the cr
    12·1 answer
  • A country has I = $200 billion, S = $400 billion, and purchased $600 billion of foreign assets, how many of its assets did forei
    14·1 answer
  • Define ''limited in stock''
    6·1 answer
  • You have hired 10 new temporary workers who will be with the company for 3 months. how can you make sure that these users can on
    13·1 answer
  • Lack of access to key distribution channels is considered weakness true or false​
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!