Answer: Income effect refers to the change in an income earned by an individual and with a percentage change upward or downward impacts consumer buying/ purchasing power of it
Explanation: You didn't put the answer choices so ii couldn't tell you exactly which one.
Answer:
New England is a northeastern region of the United States comprising the states of Maine, Vermont, New Hampshire, Massachusetts, Connecticut and Rhode Island. It's known for its Colonial past, Atlantic coastline, changing autumn foliage and forested mountains. Boston, Massachusetts, the region’s hub, pre-dates the American Revolution, and its Freedom Trail passes sites that were critical to the nation’s founding.
I believe the answer is: B. <span>It denies enforceability to certain contracts that are not in writing
Statute of frauds stated that to be legally binding, an agreement should be materialized in a contract that filled with a specific obligation that must be met by each party under the circumstances that they both agreed on. If this writing do not exist, technically we wouldn't have any ground to sue if the other party failed to fulfill the obligation.</span>
