Answer:
b) The economy is actually harmed as there is a sharp decease in consumer spending.
Explanation:
As a result of the news of a recession people will react by planning for a future that may be bleek financially.
Savings will increase, the greater the fear of recession the more people will save to cushion the impact of recession. There is the possibility of job slow down in economic activities and resultant job losses so extra cash that would have normally been spent will be saved for the rainy day
Answer:
the quantity of a good or a service that people are willing and able to purchase at different possible prices.
Explanation:
The demand concept would be refer to the various quantity amount in which the people are willing and able to buy at various prices so the demand concept deals with the goods or service quantity in which the purchaser would purchase at various prices that can be possible
Hence, the above represent the answer
Answer:
<em>Entrepreneurs are people who take the risks of organizing productive resources to make goods and services. Profit is an important incentive that leads entrepreneurs to accept the risks of business failure.</em>
Answer:
$354,500
Explanation:
First find the amount invested ie the Present Value as follows :
n = 25 × 2 = 50
i = 5%
P/yr = 2
Pmt = $0
Fv = $500,000
Pv = ?
Using a Financial Calculator to enter the amounts as above, the Present Value is $145,471
Total Interest = Future Value - Present Value
= $500,000 - $145,471
= $354,529
Thus interest is $354,500 (nearest hundred dollars).
Homeless:
10 – t^2
/320 > 0
10 > t^2
/320
3200 > t^2
t < 40√2 = 56.6
College students:
10 – t^2
/160 > 0
10 > t^2
/160
1600 > t^2
t < 40
Wait time would have to be at least 40 minutes to prevent college students from waiting.
