Answer: Option (A) and (C)
Explanation:
Short-term memory is also known as active or primary memory is referred to as capacity for holding small amount of data and information in the mind which is readily available for a short time period but has no capacity in order to manipulate this information. The time period of the short-term memory is supposedly believed to be in seconds. Whereas on the other hand, long-term memory tends to hold information indefinitely.
B) The smallest payment that will keep a credit card holder in good standing with the lender
Answer:
Since the multiplier is now higher than before, this change in MPS will therefore make the real gross domestic product (GDP) to increase.
Explanation:
Old marginal propensity to save = 0.25
Old marginal propensity to consume = 1 - 0.25 = 0.75
Old multiplier = 1 / Old marginal propensity to save = 1 / 0.25 = 4
New marginal propensity to save = 0.20
New marginal propensity to consume = 1 - 0.20 = 0.80
New multiplier = 1 / New marginal propensity to save = 1 / 0.20 = 5
Change in multiplier = New multiplier - Old multiplier = 5 - 4 = 1
Therefore, the decrease in marginal propensity to save (MPS) will increase marginal propensity to consume (MPC) form 0.75 to 0.80 and the multiplier from 4 to 5.
Since the multiplier is now higher than before, this change in MPS will therefore make the real gross domestic product (GDP) to increase.
Answer(1)
<em>b. interest rate at which banks can borrow reserves from the Federal Reserve</em>
Explanation:
The discount rate is known in America as the rate of interest which a central bank charges on its loans and advances to a commercial bank. This loans and advances are from the federal reserve.
Answer (2)
<em>a. more reserves, causing an increase in lending and the money supply</em>
Explanation:
Excess lending from the national reserve due to a lowered discount rate will lead to a reserve supply excess into commercial banks throughout the economy and expands the money supply .
Explanation:
1- One of the pieces of advice I could give the customer about lowering the balance sheet price is that this could generate different interpretations for the potential consumer, as there may be a perception that the price reduction of the product occurred due to the loss of product quality in relation to competing products.
2- There are other effective strategies for managing an economic crisis in addition to a direct reduction in the retail price, such as the psychological price strategy, which are the marketing techniques used by salespeople so that consumers respond emotionally to the product, and not a logical way, which generates a perception of greater benefit for the consumer, which can lead to increased sales without having to lower the price of the product.
