Answer:
C increase the money supply in the economy
Explanation:
apex
This is known as <u>"self-enhancement".</u>
Self-enhancement is when people tend to rate themselves better than expected, trust they have a superior than normal likelihood of progress, and ascribe their victories to individual inspiration or capacity while reprimanding the circumstance for their missteps.
Self-enhancement is a kind of inspiration that attempts to influence individuals to like themselves and to keep up confidence. This thought process turns out to be particularly unmistakable in circumstances of risk, disappointment or hits to one's confidence. Self-improvement includes an inclination for positive over negative self-sees.
Answer:
Consumer Surplus = $1.50
Explanation:
Consumer surplus is the difference between what a consumer is willing to pay for a given amount of goods or services and what he ends up paying.
Therefore,
Consumer surplus = Amount consumer is willing to pay less amount paid
Given that
Elvis is willing to pay 5 + 4 + 4.50 = 13.50 for three
Price of 3 sandwich = 3 × 4 = 12
Consumer surplus = 13.50 - 12
= $1.50
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Answer:
We will have $3227 at the end of 4 years.
Explanation:
In this case we are saving money each year starting with $650 in the first year, $670 in the second. $670 in the third and $830 in the last year which means the $650 saved in the first year will earn interest for 4 years, $670 for 3 years , then $670 for 2 years and $830 for 1 year. Now we have to find out the ending amount of each payment and add them up.
Future Value = Present value*(1+Interest rate)^Number of years.
FV 1st year savings=650*(1.0570)^4=811
FV 2nd year savings= 670*(1.0570)^3=791
FV 3rd year savings = 670*(1.0570)^2=748
FV 4th year savings= 830*(1.0570)^1=877
Add them all up to find how much will we have at the end of four years
=$3227
