Answer:
a. Price ceiling
b. see graph
c. Increases
d. Increases, decreases
Explanation:
a. Price ceiling is the maximum price or ceiling so to speak imposed by government for a particular commodity inorder to relieve purchase burden from the consumers.
b. Take note of the price ceiling in the graph attached.
c. Number of demanded check-ups increases, since they are now more affordable.
d. Consumer surplus increase by $10, while the producer surplus decrease by $10 ($50-$40).
Answer:
The correct answer is The covenant of warranty.
Explanation:
It is said that in this type of pact a public and peaceful possession must be written, which can be exercised so that it can be known by society. The possession of the property must be declared as continuous (that is, there can be no claim by the owner or the property is lost), and must be exercised as the legitimate owner before third parties.
Answer:
c. courages investment by increasing the uncertainty about future returns
Explanation:
Inflation refers to the increase in the price level of the goods
The price inflation reflects that there is a rise in the price of the goods and services over a particular period of time lets say for one year. It can arise when the raw material cost during the process of production increased that push the price in upward
It also increased the uncertainty with respect to the future returns through investment
Hence, the correct option is c.
The term you are looking for is <span>maximum possible loss.</span>
When the current output is more than the potential output the fed is likely to enact decreasing reserves to increase interest rates.
The reason why they would have to do this is based on the fact that when the actual output in the economy is more than the potential output, It means that there is an inflationary gap.
In order to close this gap, the fed would have to reduce the aggregate demand, thereby raising the rate of interest. This would in turn lead to the fall in consumption and fall in saving.
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