Answer:
B. shortage of 1,000 gallons per week
Explanation:
Price = $1
Quantity demanded = 2,000
Quantity supplied = 1,000
Shortage = Quantity demanded - Quantity supplied
= 2,000 -1,000
= 1,000 gallons per week
Therefore, As per question Quantity demand that is 2,000 and quantity supplied that is 1,000. So, in this given case the Quantity demand is more than the quantity supplied.
Hence, there is shortage of 1,000 gallons per week.
The correct answer is personal income.
A country’s personal income is the amount of income received by all of the country’s people in a given time period.
Because of the wealth effect, a rising aggregate price level "reduces" the purchasing power of wealth and therefore "reduces" the aggregate quantity of output demanded.
<h3>What is wealth effect?</h3>
According to the wealth effect, a behavioural economic hypothesis, customers will spend more money even if their income stays the same.
The effect of wealth effect on aggregate demand is-
- People will increase their consumption as their wealth rises. Thus, at lower price levels compared to higher price levels, the consumption component of aggregate demand will be stronger.
- A person's desire for inexpensive fast food is likely to decline as their income rises, but their desire for more costly steak may increase.
To know more about the aggregate demand and aggregate supply, here
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Answer:
No. Clinton would lose the right to use that time.
Explanation:
As you may already know, during a presidential election it is common for candidates to participate in debates. These debates allow them to express their views on important factors in national politics, as well as giving these candidates the opportunity to present their political ideas, what they stand for and why they deserve your vote.
The debates must be held in a democratic way, allowing all candidates to have equal opportunities in terms of time and condition to speak. Within a debate, the time set aside for one candidate must be equal to the time set aside for the other, however, if one of the candidates refuses to participate in the debate, he / she loses the right to that time and cannot use it in a ground cover to promote your company.
Answer:
E. None of the above
Explanation:
because the price level is not known, we can not tell definitely that the output is increased or unemployment is decreased or standard of living is increased
.
Therefore, we cannot conclude on anything.
