Answer: With the left shift in Aggregate demand resulting from the tax increase causes the price level to slide back to <u>equilibrium</u> level.
<u>Explanation:</u>
When there is an increase in the level of the taxes by the government, the price of the particular good increases because of the taxes. This leads to the fall in the level of the aggregate demand of that good and there is a left shift in the aggregate demand curve.
But this will lead to the falling back of the price level to the equilibrium level because even though the demand falls but the supply level does not change. So there is an excess of supply level in the economy. This leads to the fall in the level of the price back to the equilibrium level and leaving the economy back to the normal situation.
Voluntary exchange, or the law against stealing. A voluntary exchange is one of the hallmarks of a free market. Stealing is the taking of goods against another's will, or involuntarily.
Answer:
Real-time processing
Explanation:
According to the <em>TPS (transaction processing system)</em>, real-time processing provides information that is relevant at the time of inquiry.
Since the transaction is individual, the system provides the response (output) without any delay.
In order to complete his task and provide relevant info, Jason uses real-time processing to provide investment information to clients. This kind of processing is common for such applications, where there are lots of continuous variables included (and they change frequently).
I think the most appropriate answer would be D.
I hope it helped you!
Answer: Please refer to the explanation section
Explanation:
When a consumer is choosing between two goods which are considered to be perfect substitutes , the optimal bundles choice will be the number of good x and good z that will yield maximum utility is found the ratio of Marginal utility of good x and marginal utility of good z equals the ratio of the Price of good x and the price of good z or The Marginal utility of good x per dollar must be equal to the marginal utility of good z per dollar.
Marginal Utility of good x = MUx
Marginal Utility of Good z = MUz
Utility function = U(qx,qz)
qx and qz maximises U(qx,qz) when
= 
or 
When she receives the same marginal utility per dollar in good x and good y, utility is maximized
