Answer:
The correct answer is option B.
Explanation:
Suppose the price of music downloads decrease, this will lead to an increase in the quantity demanded of music downloads. This will be indicated by a downward movement on the same demand curve. This is because price and quantity demanded are inversely related.
An increase in the price, on the other hand, would have led to a decline in the quantity demanded indicated by an upward movement on the same demand curve.
Answer:
Sixteen-year-old Jessica is pressured by her friends into drinking alcohol. Later she also gives in to them and tries heroin. Her experience best illustrates PEER PRESSURE.
Explanation: Peer pressure is experienced when a group exerts direct, or indirect influence, upon an individual to participate in certain activities. Peer pressure can begin at as young as age nine, but teenagers are most often the target age range of this type of pressure. Peer pressure can also affect young adults and mature adults.
Answer:
The Louisiana Purchase of 1803 brought into the United States about 828,000 square miles of territory from France, thereby doubling the size of the young republic. What was known at the time as the Louisiana Territory stretched from the Mississippi River in the east to the Rocky Mountains in the west and from the Gulf of Mexico in the south to the Canadian border in the north. Part or all of 15 states were eventually created from the land deal, which is considered one of the most important achievements of Thomas Jefferson’s presidency.
Explanation:
Answer:
False
Explanation:
The present value of money concepts show that money changes in value with time(tume value of money). Therefore the present value of money today is the discounted value of future cash flows or "series" of cash flows. This shows that money decreases value with time and the present value of money today is not "equivalent" or greater than money in the future as a result of inflation or some annual rate of return not utilized.
