<span>Breaches are minor when they are so substantial that they defeat the object of the parties in making the contract.</span>b.false
The Renaissance basically opened the door to Modernism by creating a humanistic revival of Classical Influence expressed in a flowering of the arts,and literature,and by the beginnings of modern science.
Answer:
In the short term, we can expect an economic imbalance, with a decrease in the oil supply.
Explanation:
In relation to oil, a balanced economy means that the amount of demand for oil is equal to the amount of oil supply. In this case, the price of the oil becomes stabilized and fair in relation to demand and supply. However, if the demand for oil starts to increase disproportionately in relation to the oil supply, it will cause a disproportionate increase in oil prices. In the short term, this generates an economic imbalance and causes the supply of oil to be reduced, in order to avoid the scarcity of the product. The disproportionate increase in price causes consumers to lose interest in the oil, causing the demand for the product to fall.
Demand is consumer demand and supply is the amount of product that a company can provide.
Answer:
c. less attractive to both U.S. residents and foreign residents.
Explanation:
When the real interest rate falls, purchasing assets in that country becomes less attractive for all the investor whether US residents or foreigners. This is because the returns or profit fall with decrease in interest rates. This not only decreases investor interest or investment in the banking sector but it also decreases investment in other sectors as well because a number of sectors adjust their rate of returns on investments. Hence, the U.S. net capital outflow will rise as investment will go abroad as interest rates decrease will have an affect on other returns as well. Therefore purchasing US assets will be less attractive to both U.S. residents and foreign residents.
