Answer:
feedforward control
Explanation:
Feedforward control: The term feedforward control is described as a process that explains a particular pathway or element present in a control system which is responsible for passing a controlling signal related to a specific source in the external environment and it is often considered as a signal command arises from an external operator from an external surrounding or environment.
In the question above, the given response is best described as a feedforward control.
It is likely that a borrower with a fixed-rate mortgage will find themselves paying a higher mortgage rate that what will soon be offered.
One of the cardinal ways that a Central Bank responds to an economic downturn is by lowering the interest rate.
Unlike a borrow with an adjustable rate, whose rate can go up or down, a borrower with a fixed rate mortgage is locked in. SO, they benefit if the rates go up but lose out if they go down.
Answer:
False. The tendency is called Fundamental attribution error.
Explanation:
The fundamental attribution error is the tendency of the people to judge others on the basis of their personal behavior while ignoring the situational factors. It refers to the cognitive bias of people's actions depend on internal factors rather than situational or external factors. For example, if a friend of yours sees you and runs towards the bus we tend to think he is ignoring us but we ignored that there might be a possibility of a medical emergency in his family.
Pee and poop is the clearest definition I can seek
The intersection between the upward sloping function (the supply curve) and the downward sloping function (the demand curve) is the equilibrium price of the market, the point at which the wishes of consumers and suppliers meet.
The graph described should be like the one attached. The example includes the demand and supply curves and the equilibrium price of a market of agricultural products.
When the economic authorities set a minimum price (also called price floor), above the equilibrium price there is a situation of excess supply.
- Producers are willing to produce a larger quantity in the price floor scenario, as they will earn a higher price per unit commercialized.
- Consumers are willing to consume a smaller amount of product units at a more expensive prices.
The wishes of producers and consumers do not meet in the price floor situation, the quantity supplied is larger than the quantity demanded and therefore there is an excess supply.
