Answer: Option (D) is correct.
Explanation:
Keynes aggregate supply curve is upward sloping because of law of supply. Law of supply states that there is a positive relationship between the price of a commodity and supply of a commodity. So, if there is an increase in the price of a commodity, then as a result the supply for that commodity also increases and vice-versa.
Keynes Phillips curve is downward sloping because of the trade off between inflation and unemployment. There is an inverse relationship between the inflation and unemployment in an economy. If an economy wants to reduce inflation then they have to accept higher unemployment.
Answer:
C. Dependable.
Explanation:
Veronica is showing that she is dependable as she never misses a day of work, even though she lives in a cold climate where ice, snow and freezing temperature are common, which shows that she is reliable and committed towards her work. An employer can trust employees like her in assigning some of very important task or role, which is time-bound and require commitment. There are two characteristics of a dependable person is honesty and reliability, the reliable employee is the one who is committed.
Answer:
A As time goes on and your bank account grows, you earn more interest.
Explanation:
A compound interest-earning account adds the interest it has earned in a particular period to the principal amount. This results in the principal amount increasing by the amount of interest earned in the period. Therefore, for compound interest, the principal amount is bigger at the beginning of every year.
In practice, interest is calculated based on the principal amount. If the principal amount is higher every period, the interest earned will also go up every year.
I believe the answer is Consumption
