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Pani-rosa [81]
3 years ago
6

What is law of demand?​

Social Studies
2 answers:
Norma-Jean [14]3 years ago
8 0

Answer:

As prices rise quantity demand falls as prices fall quantity demans rises inverse relationship???

Korolek [52]3 years ago
3 0

Answer:

The law of demand states that all other things being equal, the quantity bought of a good or service is a function of price. As long as nothing else changes, people will buy less of something when its price rises. They'll buy more when its price falls.

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Which situation was similar for both the settlers of Jamestown and Plymouth?
AVprozaik [17]

Both situations were similar because they were new people having to adjust to a new land and they also both dealt with the settlers who already lived there the Indians. Hope this helps you!

5 0
2 years ago
Read 2 more answers
Identify one effect of the creation of Gutenberg’s press.
yawa3891 [41]

Answer:

A. Literacy rates increased

Explanation:

Before the Gutenberg press was created, people depended on the priest or the literates to read to them about the bible or the news. They were not telling the truth about what the bible really said, and used people's fear to make them buy Indulagence. However, Martin Luther was against this and wrote books preaching against the church. A way to get these new teachings to the people was to make many copies of them by using the Gutenberg press.

8 0
3 years ago
Which factors can affect a stock’s price?
dolphi86 [110]

Answer:

However, there a number of factors that can move stocks up and down.

Demand and Supply. Demand and supply in the market affect the prices of shares. ...

Interest Rates. ...

Investors. ...

Dividends. ...

Management. ...

Economy. ...

Political Climate. ...

Short-Term and Long-Term Investors.

Explanation:sorry if its wrong lmk tho i tried

7 0
3 years ago
For each situation, give an example of a fiscal policy and a monetary policy solution. (p. 15)
docker41 [41]

Answer:

Monetary Policy refers to the use of money supply and interest rates by the Central bank of a country to help achieve Economic goals such as inflation, consumption and economic growth. An expansionary monetary policy increases money supply and a contractionary policy decreases it.

Fiscal Policy has the same aim of helping the Government achieve economic goals but this time done by regulating government spending or taxes. An expansionary fiscal policy sees increased government spending and reduced taxes while a contractionary policy sees decreased government spending and higher taxes.

<u>1. Rapid investment during a boom period threatens to overheat the economy. </u>

Fiscal policy solution:  Contractionary Fiscal Policy

The Economy might overheat because of a high amount of investment in production. This means that Aggregate Demand is moving too fast. To rein this in with Fiscal Policy, the Government can increase taxes and reduce spending. This way people have less money to save to be used for investment and companies have less money to do the same.

Monetary policy solution: Contractionary Monetary Policy

The Central bank should reduce money supply and increase interest rates. They can do this by increasing the reserve requirement rate for banks and engage in Open Market Operations to sell securities to the public. This reduction in money supply will increase interest rates thereby reducing the amount of money left for investing.

2. Layoffs lead to an economic slowdown.

Fiscal policy solution:  Expansionary Fiscal Policy

The goal here is to stimulate the economy so that employers can hire more people. The Government can increase spending which would lead to a multiplier effect in income. They should also reduce taxes so that the people can have more money after paying taxes. These two things will have the effect of increasing investment spending which will enable companies to embark on new projects that will increase employment.

Monetary policy solution: Expansionary Monetary Policy

The Central bank should also aim to increase interest rates and money supply at least in the short run. By decreasing the Discount rate as well as the Reserve requirement, and embarking on Open Market Operations where they buy securities from the public, they can increase money supply. This increase in money supply will mean that there is excess money for investment which will lead to increased employment.

3 0
2 years ago
Salespeople are like independent entrepreneurs because they have a territory to manage and few restrictions on how to do it.
saveliy_v [14]
<span>This is true. Salespeople do not answer to anyone unless they willingly sign to someone. For the most part salespeople are independent contractors who offer their services or products to the general public. They make their own decisions and control which products or services they want to sell.</span>
6 0
3 years ago
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