Answer:
An increase in the supply of money works both through lowering interest rates, which spurs investment, and through putting more money in the hands of consumers, making them feel wealthier, and thus stimulating spending. Business firms respond to increased sales by ordering more raw materials and increasing production.
Explanation:
Money supply and interest rates have an inverse relationship. A larger money supply lowers market interest rates, making it less expensive for consumers to borrow. Conversely, smaller money supplies tend to raise market interest rates, making it pricier for consumers to take out a loan.
Answer:
Framers of the US Constitution:)
The production possibilities frontier is the line that shows the maximum possible output for that economy. Efficiency means using resources in such a way as to maximize the production of goods and services. An economy producing output levels on the production possibilities frontier is operating efficiently.
Answer:
1. Immigrants: A person who comes to live perminantly in a new country.
3. Someone who is learning from a skilled employer and getting minimum wage.
Explanation:
Answer:
Which of the following transformations would result in the image below being located in the first quadrant?
A.
B.
C.
D.
Explanation:
