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STatiana [176]
3 years ago
6

It is characteristic of – goods that they are not used up in the short run. A society can choose to – some quality of life now—f

ewer consumer goods—in order to build up its stock of capital goods. This will lead to a –—and more consumer goods—later on.
Business
1 answer:
LenaWriter [7]3 years ago
8 0

Answer:

It is characteristic of CAPITAL goods that they are not used up in the short run. A society can choose to SACRIFICE some quality of life now BY PURCHASING fewer consumer goods ANS SAVING MONEY in order to build up its stock of capital goods. This will lead to a HIGHER QUALITY OF LIFE and more consumer goods PURCHASED AND CONSUMED later on.

Explanation:

A consumer can choose between saving and spending money, that is measured by the marginal propensity to consume or the marginal propensity to save. Money that is spent now, will provide a certain satisfaction in the present, but nothing in the future. Money saved will not provide a certain satisfaction in the present, but should provide much more satisfaction in the future since it should grow as time passes.

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3 0
3 years ago
Suppose a nation opened its borders to the free flow of workers from other nations. how would this event likely affect the long-
OverLord2011 [107]

Answer:

B) both curves would shift to the right.

Explanation:

The long-run aggregate supply (LRAS) curve will shift to the right because the production costs will decrease, increasing total production output and lowering prices.

The production possibilities frontier (PPF) will also shift to the right because more production output increases total supply, and that increases the production possibilities of the country.

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3 years ago
If you notice that you’re spending too much in a certain budget category, what are some things you could do to fix the shortfall
koban [17]

Some of the things which a person can do to adjust his spendings on a budget are:

  • Reduce spending habits
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<h3>What is a Budget?</h3>

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With this in mind, we can see that if a person is spending too much, in a particular category, then he would have to either reduce spending or make more money.

Read more about budgeting here:
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5 0
2 years ago
In Littleville, which has 1,000 residents, 400 people do not currently work. Of these 400 persons, 240 are under age 16, 10 are
marin [14]

Answer:

7.69%

Explanation:

The official unemployment rate includes people who do not have a job but are able to take a job and are currently seeking one.

People with part time jobs are considered employed.

Littleville has 1,000 residents, 600 are employed = 400 do not work but how many are considered unemployed:

400 - 240 (under age 16) - 10 (institutionalized) - 100 (are not looking for work, including students and homemakers) = 50 unemployed

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6 0
3 years ago
________ assesses the consistency of observations by different observers.
gavmur [86]
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3 years ago
Read 2 more answers
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