There is very simple logic between demand and supply. When demand is high, price rises and currency appreciates in its value. On the other hand, price should decline if import rate is mare compared with export rates. As prices of U.S goods increases which ultimately goes to international market where producers have to pay domestic currencies. Americans will demands comparatively less expensive goods. So it will result in supplying more dollars to foreign exchange market.
Finally, increasing demand of pounds. Finally, U.S dollars appreciates and pound depreciates. Trade value is amount by which total import value deviates from export value. Due to changes in interest rates results in trade imbalance in U.S. There is not greater effect on Scotland as it is key player in transporting of energy products to rest of U.K.
If this question has the same set of choices like the other ones posted here, then the answer would be letter C. 529 plan- money you save.
Answer:
a. Inflation
Explanation:
In the context of economics, inflation refers to the increase in the price of goods and services
Moreover, we also know that
(1 + Nominal rate of return) = (1 + real rate of return) × (1 + inflation rate of return)
According to the given situation, it is mentioned that The general goods and services prices are expected to rise substantially over the next five years which represents the concept of inflation
Hence, the option a is correct
Answer:
increase in output, but not in the equilibrium price of the product.
Explanation:
The options weren't provided. The full question can be found here - https://www.chegg.com/homework-help/questions-and-answers/perfectly-competitive-industry-x-constant-costs-product-inferior-good-industry-currently-l-q39354625
An inferior good is a good whose demand increases when income falls and whose demand falls when income rises.
When average income falls, the demand for good X rises. The level of output increases as a result of the rise in demand but price doesn't change.
I hope my answer helps you.
Workplace ethics is the ethics we follow t the workplace. Professional ethics which is closely coined term is the ethics and code of conduct is concerning one's business or related to one's profession.
<u>Explanation:</u>
Ethics is literally defined as the behavior of an individual concerning one's work, personal life and one's dealing with others. These are the set of values and conduct of an individual while performing his or her duty at work or home or anywhere. Its the way one deal with others in his or her personal and professional life.
Workplace ethics of-late has become extremely imperative and sensitive term with the growing complexities and scope of business and commerce. Even government agencies and organisations have started implementing workplace ethics in a big way. Workplace ethics talks bout one's integrity, uprightness and honesty in transacting business and official dealings at work. Its the behavior of an employee shows while performing his or her duties. Its not secluded to just employees even employers in the changing business scenario has to follow and adhere by certain standards and meet certain guidelines.
Workplace ethics in other words re the set of parameters , regulations and standards which an employee as well as employer has to follow at work place . The core purpose of such ethics is to dd more transparency in the official discharge of duties , standing out as an example for competitors , setting standards for following for laws and being transparent.
