Answer:
Normal good
Explanation:
Income effect Is change in quantity demanded when the consumers purchasing power change as a result of a change in real income.
Substitution effect is when quantity demanded falls as a result of rise in price of a good which leads consumers to purchase cheaper alternatives.
A normal good is a good whose demand increases as income increases.
If the price of a normal good falls, the real purchasing power of the consumer increases and the consumer buys more of the good. Also, the consumer substituites from more expensive alternative goods to the more cheap normal good. The income and substitution effect both move in the same direction.
Answer:
6.35, 6.39 and 6.49
Explanation:
6.3% = 0.063
yield = 0.063 ×$1,000/ 0.992 yield = 0.063 ×$1,000)/ 0.992 ×$1,000)
Current yield = 0.0635, or 6.35 percent PV = $992 = 0.063× $1,000 / 2) ×{(1 - {1 / [1 + (r / 2)]26}) / (r/ 2)} + $1,000 / [1 + (r / 2)]26 r = .0639, or 6.39 percent EAR = [1 + .0639 / 2)]2 - 1 EAR = .0649, or 6.49
Protective tariffs are used to keep foreign competition out of domestic markets and local industry. As a result, they encourage domestic industrialization within a nation. A nation's currency is also protected by protective tariffs in addition to domestic industrialization. Protective tariffs prevent a nation's currency from leaving the country and going to foreign companies, strengthening the currency domestically.
Tariffs imposed by an importing nation to defend its native sector are known as protective tariffs. Imported goods are subject to protective tariffs to keep them expensive when compared to domestically produced items. Protective tariffs are essential for the growth and development of regionally emerging sectors in developing nations. Protective tariffs contribute to independence and self-sufficiency by promoting domestic manufacturing, particularly in the defense sector.
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Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period. Though GDP is usually calculated on an annual basis, it can be calculated on a quarterly basis as well (in the United States, for example, the government releases an annualized GDP estimate for each quarter and also for an entire year).
All the products by U . S company matter where are they products
