Answer:
This statement is false.
Explanation:
The change in the equilibrium price due to a change in in an increase in both demand and supply cannot be predicted without knowing the magnitude of the increase.
If the proportionate increase in the demand is greater than the increase in supply, the equilibrium price will increase.
If the proportionate increase in the supply is greater than the increase in demand, the equilibrium price will decrease.
If the increase in demand is proportionately equal to the increase in supply, the equilibrium price will remain the same.
Answer:
Explanation:
It means that there must be a huge number of people that have little or nothing.
The most recent estimate of America's population is 331,000,000 roughly
1% of the population is 331,000,000 * 1/100 = 3,310,000
So that means that 3 million people own 33% of 14 trillion in property alone. These numbers are really hard to imagine.
1 trillion has 12 zeros behind it
so 14 trillion has 12 zeros behind it.
3 million people own 1,400.000,000 = 14 000 000 000 000 dollars worth of property.
That means that each person in that group of 3 million is 1 of 14 , 000, 000 in wealth just in property alone. The goods will dilute this somewhat, but I think you get the idea.
3 million people in the United States are multimillionaires, if they own 100% of the property. Of course that isn't true, but I think it's fair to say that they are not poor either.
The countries involved in the Marshall Plan were mostly United Kingdom and France, however, 18 more countries were helped including Portugal, Turkey, Italy, Austria, Western Germany, the Scandinavian countries, and many more including even countries from Asia, but their plan was called differently and didn't fall directly under the Marshall Plan.
Answer: The correct answer is choice a.
Explanation: It is important to understand that economics is cyclical and will have fluctuations. When considering the impact of institutions and policies on economic performance, it is most important to focus on the long term economic growth. This answer is found in choice a.
Answer: Participation
Explanation:
Participation financing is a firm of financing whereby a loan is shared by several parties because such loans are too huge and a party cannot take the loan alone.
Since we are informed that works for a life insurance company that funds commercial investment projects and often insures these projects by insisting on an equity position, this means that participation financing is being practiced.
