Answer:
A surplus exists in a market if the supply happens to be excessive
Explanation:
In a situation where there is surplus, this shows that the quantity supplied is more than the quantity demanded which would allow to incur low sales hence; there would be reduction in price in order to avert such and increase the demand.
Answer:
Increase expenditure or cut taxes to increase aggregate demand.
Explanation:
A recessionary gap is a macroeconomic term which portrays an economy working at a level underneath its full-employment equilibrium. Under a recessionary gap condition, the degree of real gross domestic product (GDP) is lower than the degree of full employment, which puts descending pressure on prices over the long haul.
Answer:
A is the correct answer I think hope this helps
Answer:
$1,025.299
Explanation:
The formula for compound interest is
FV = PV × (1+r)^ n
Where Fv is the future value
Pv is the present value = $1000
r is interest rate = 1/2 % or 0.5% per year
n is five years
interest is compounded quarterly,
Interest per quarter = 0.5% /4 = 0.125% which is 0.00125
n will be 5 years x 4 quarters = 20 periods
Fv= $1000 x (1 +0.00125)^20
Fv =$1000 x(1.00125)^20
Fv= $1000 x 1.025299
Fv = $1,025.299
Answer: consumers acting as brand advocates
Explanation:
A consumer is less likely to act as a brand advocate. An advocate to someone is a person that speaks on behalf of someone or acts as an intermediate between a person he is representing and another. An advocate role is not the job of a consumer.
