The Federal Reserve System is the central bank of the United States. It was made to provide the nation with a safer, more flexible, and more stable monetary and financial system. Hope this answers the question. Have a nice day. Feel free to ask more questions.
The equilibrium price and quantity for llama sculptures would fall as a result of the price decrease of the porcelain sloths. Being that they are substitute goods, a fall in price of the sloths would lead to a decrease in the demand for the llama sculptures.
An equilibrium price, additionally known as a market-clearing charge, is the consumer price assigned to some product or service such that deliver and call for are equal, or close to identical. The manufacturer or vendor can promote all the devices they want to transport and the consumer can get right of entry to all the units they need to shop for.
What's equilibrium price and demand?
The equilibrium price is in which the supply of goods fits call for. when a chief index stories a duration of consolidation or sideways momentum, it may be said that the forces of deliver and call for are fantastically equal and the market is in a nation of equilibrium.
What's particular approximately an equilibrium price?
An equilibrium price is particular due to the fact it's far the only charge at which amount demanded and quantity furnished are same. it's miles the price that corresponds with the intersection of the supply and call for curves.
What's the maximum essential characteristic of the equilibrium price?
The most critical function of the equilibrium price is that it: clears the market, leaving neither a surplus nor a scarcity.
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It is false that the effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers.
<h3>What is Tax?</h3>
Tax refer compulsory levy or contribution place on individual, organization or state which is levied by government majorly on workers income or business profits of companies or can be added to cost of goods, services or even any transactions done.
Therefore, It is false that the effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers because the effect of tax on consumers or producers is normally determined by price elasticity.
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By setting a vision for the organisation, a leader can inspire and motivate others to work toward shared goals and objectives. Controlling entails determining if the organization's objectives are met by what really happens.
Creating a vision for the organisation and directing, educating, mentoring, and inspiring others to work productively to meet the organization's goals and objectives on schedule is what it means to LEAD.
In a learning organisation, what is vision?
An organization's vision is what it hopes to become and accomplish in the future. The Vision is crucial since it is intertwined with all other organisational strategy components.
A company's mission statement, goals, and aspirations are all outlined in a vision statement. The majority of vision statement writers find the process to be satisfying and motivating. It gives them the ability to describe the traits that affect the strategy of the firm.
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Answer:
The answer is B.
Explanation:
The simple circular flow model is also known as two-sector circular flow of income model and the the two sectors are firms and households. There is no government sector or foreign sector.
It assumes that households spend all their income on goods and services produced by firms while the firms spend their income on factors of production (labor, land etc.) which are owned by households.
Therefore, total income received by households will be equal to the dollar value of all goods and services produced.