Answer:
Esteban quantity demanded of a bottled store brand soda to decrease is a substitution effect, because when the price for bottled soda increased, the consumer substituted esteban for bottle soda.
Secondly, the esteban quantity demand of a bottled store brand soda to increase is an income effect, this is because the stored branded soda is inferior goods.
Answer:
The frictional unemployment rate is <u>3.1</u> percent and the actual unemployment rate (in this economy) is <u>7.3</u> percent.
Explanation:
natural unemployment rate = frictional unemployment + structural unemployment
frictional unemployment = natural unemployment - structural unemployment = 5.3% - 2.2% = 3.1%
actual unemployment rate = natural unemployment + cyclical unemployment rate = 5.3% + 2% = 7.3%
Frictional unemployment is voluntary and happens when someone quits his/her job in order to look for a better job. Structural unemployment happens when the skills of the workers do not match the requirements of the hiring companies. Cyclical unemployment takes place when the economy is in recession.
Answer:
Foreign License
Explanation:
According to my research on different licensing agreements, I can say that based on the information provided within the question the term being described in the question is called a Foreign License. Like mentioned in the question this type of licensing is an arrangement between two companies to manufacture, distribute and sell the first companies product in countries outside the country of Origin.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
The answer is C.
Explanation:
As the general price level decreases or falls, people will want to hold less money, so the interest rate falls.
As price level falls, value of money decreases because a unit of money will more of goods or services.
During this period people will want to hold less money because of the decrease in value and the excess money will be deposited in banks.
With this, the banks have more money to lend out and this will make the bank to reduce its Interest rate.
Answer:
A
Be direct with your response and don't beat around the bush, because that will make the person who has requested something bored and anticipating what has taken you so long to get to the point.
