If the economy booms and peoples' incomes rise, then the demand curve for a normal good like new houses will shift to the right and the equilibrium quantity of new houses produced will increase.
An economy is the area of production, distribution, trade, and consumption of goods and services. Generally, it is defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.
The economy is the area of production, distribution, trade, and consumption of goods and services. Generally, it is defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.
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Answer:
I think A will be the answer but I'm not sure
Explanation:
hope this helps though
Answer:
P/E ratio = 6.40 times
Option c is the correct answer.
Explanation:
The P/E ratio or price earnings ratio measures the price that the investors are willing to pay for each $1 of earnings of the company. It is calculated as follows,
P/E ratio = Price per share / Earnings per share
We can calculate the earnings per share by dividing the net income by the number of shares outstanding.
P/E ratio = 32 / (170000 / 34000)
P/E ratio = 6.40 times
Answer:
B. Increased competition
Explanation:
Free trade is an economic policy where there are no restrictions to imports or export of goods and services.
Before the free trade, Sapphira had market power. She could set the price of her products. She would probably set her prices high enough to maximise profits.
Due to free trade which introduces more products to the market, sapphira is no longer able to set her prices as high as she used to. If her price is too high, consumers would not purchase her products.
This is an example of increased competition.
I hope my answer helps you
Answer:
The correct answer is personal consumption plus gross private investment plus government spending plus net exports.
Explanation:
Total spending in an economy is the sum of personal consumption plus gross private investment plus government spending plus net exports.
Personal consumption expenditure is spending by consumers on goods and services. Gross private investment is the expenditure by the businesses.
Government spending is the expenses incurred by the government. Net exports are the amount spend on the purchase of goods and services from abroad.
All these together make total spending in an economy.
