Honesty and working hard.
Answer:
Price elasticity
Explanation:
Price elasticity -
It refers to the extent to which the demand or desire for something alters with the fluctuation in the price , is referred to as price elasticity .
As if the price of some commodity goes up , people tends to not buy the thing any more and tries to finds it cheaper alternative .
And , as the price reduces , people tries to buy the specific goods and service .
Hence , from the given scenario of the question ,
The correct answer is price elasticity .
Answer:
$80 million
Explanation:
We know that
Multiplier = (1) ÷ (1 - marginal propensity to consume)
= (1) ÷ (1 - 0.75)
= (1) ÷ (0.25)
= 4
Now the GDP would increase by
= Increase in Investment spending × multiplier effect
= $20 billion × 4
= $80 million increase
We simply multiplied the investment spending increase with the multiplier effect
Answer:
The correct option is E
Explanation:
If the business is forecasting the financials of the balance sheet and mostly the high forecasted balance of cash implies that the company or the firm could pay off the debt in the next or the following year.
The forecasted high cash balance most likely decrease the long term and the short term debt of the company in order to reduce the cash levels to a consistent level.
So, none of the above options provided is correct.