This shift in demand was likely the result of the improved technology of MP3 players.
Improved technology brought improved quality of MP3 players, which meant that more people were interested in buying them. MP3 players are far more convenient than CD players, because they are smaller, more easily portable, and overall better.
Answer:
"Structural Unemployment"
Explanation:
According to my research on the different types of unemployment that exist in the United States, I can say that the unemployment type described in the question is called "Structural Unemployment". This is an unemployment type that is caused by industrial reorganization, usually this happens when the industry adds new technology that can do certain employees jobs the same or better than them
unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand.
In most of the 1970 period, the fed appear to be most anti-inflation. The United States has been experiencing a pattern of rising prices since the late 1960s.
Inflation refers to an overall rise in the cost of goods and services throughout a nation. Inflation in United States started gradually increasing from yearly rates that had previously been less than 2 percent for several years.
The Federal Reserve tightened policy in 1973 in response to rising inflation rates. However, the Fed loosened its stance before adequately controlling inflation in response to increased unemployment. In December 1976, the annual inflation rate reached a low of 5% before rising once more.
According to the personal consumption expenditure index, prices had increased 7.7% from the previous year by January 1979, raising concerns that inflation would continue to climb. Concern was also raised regarding the US currency, which had declined 13% in value versus.
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Answer: Option (D). demand for smartphones to increase, and both the price of smartphones and quantity of smartphones traded would rise.
Explanation: Economic boom is a period of economic expansion resulting in higher GDP, lower unemployment and rising asset prices. Economic boom positively affect the key economic indicators will rise. Gross domestic product, which measures a nation’s economic output increases and productivity increases in return. Economic boom will increase the demand for smartphones and will in turn increase both the price of smartphones and quantity of smartphones and quantity of smartphones traded would rise.
Answer:
The answer is letter C
Explanation:
The bond's yield to maturity is greater than its coupon rate.
Because the bond coupon rate it is the annual coupon payments, considering that a coupon rate is a fixed income security's yield paid, it means that in this question, the amount of the bond's face value is higher than the income.
