Answer:
answer is normal
Explanation:
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Answer:
The law of demand states that consumers will request more of a product if its price decreases. For supplement goods, an increase in the price of one will increase demand for the other. The demand curve for apples will react as follows.
Explanation:
<u>A). More people begin to prefer apples to oranges.</u>
Should peoples' preference change to apples, the demand for oranges will decrease while that of apples will increase. The demand curve is downward sloping. If demand increases, the demand curve will shift to the right. It is also referred to as moving outwards. In this case, the demand curve for apples will shift to the right.
B) <u>The price of peaches rises (because peaches are a substitute for apples).</u>
Substitutes imply a good can be used in place of another. If the price of a substitute increases, it demands decreases. The demand for the substitute good will go up. An increase in the price of peaches will increase the demand for apples. As a result, the demand curve will shift outwards. In other words, shift to the right.
C. People's incomes rise (and apples are a normal good).
Demand for normal goods increase as the people's income rises. More people will afford to buy apples. If people are now earning more, the demand for apples will go up. The demand curve will shift to the right to indicate a surge in demand.
Answer:
0.74
Explanation:
Jones corporation reported a current assets of $196,000
The current liabilities is $138,500
The current assets consists of $61,000 cash , account receivable= $42,100, inventory= $92,900
Therefore the quick ratio can be calculated as follows
= cash + account receivables
= $61,000 + $42,100
= $103,100
$103,100/$138,500
= 0.74
Hence the acid test(quick ) ratio is 0.74
Monetarists reject using discretionary monetary policy as an effective stabilization tool because they believe the Fed will miss its money supply targets and make the economy worse.
Monetary policy is the macroeconomic policy set by the central bank. It involves the management of the money supply and interest rates, and is the demand-side economic policy adopted by national governments to achieve macroeconomic goals such as inflation, consumption, growth and liquidity.
Monetary policy is the action and communication of the central bank that controls the money supply. Central banks use monetary policy to prevent inflation, reduce unemployment, and promote moderate long-term interest rates.
Monetary policy refers to the measures taken by a country's central bank to control the money supply in order to stabilize the economy.
Learn more about monetary policy here:brainly.com/question/13926715
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Answer:
Perquisites
Explanation:
Perquisites are added benefits attached tonan office or a position in addition to normal salaries and wages. It includes both direct and indirect benefits that an employee enjoys in addition to his or her normal salary. It is also called Perks for short and can include houses, cars and so on. In this case, the perks are given to top executives members and they include country club membership, vacation policies and chauffeurs.
