Answer:
The primary factor influencing demand for housing is the price of housing. By the law of demand, as price decreases, the quantity of housing demanded increases. The demand for housing also depends on the wealth of households, their current income, and interest rates.
I think it would be (d) pyschoanalytic theorist.
<u>Answer:</u> False, the government does oversee the financial institutions in some other countries
Answer:
The income effect
Explanation:
The income effect is the effect on real income when price changes and it can be positive or negative. for instance when price falls, and assuming nominal income is constant, the same nominal income can buy more of the good hence demand for this and other goods is likely to rise.
Madeleine's vacation time has been spent at home catching a few local attractions when she could afford them. This year, she received a big bonus at work and has decided to finally take the trip to Europe that she has always dreamed about. Madeleine's purchasing behavior has changed due to the income effect.
This explains the concept of income effect.
I believe the answer is: <span>Pull The trailer away from the boat ramp.
The boat trailer allows boat owners to bring their boat to the land and store it there until future use.
The boat ramp is designed in 45 degree angel which allow the boat trailer to be tied to land vehicles such as cars in order to pull it from water to land.</span>
