Answer:
$0 in case the credit doesn't charge a monthly fee. Or just the monthly fee.
Explanation:
The grace period is a time period where the customer can pay any expenses and the bank will not charge any interest. In other words, if you pay the full balance before the grace period is over, the bank will not change you any interests.
Out of the following choices given, the term that describes the seller's ability and desire to seel good and services is called demand. The answer will be B.
Answer:
C. I, III and IV
Explanation:
I. An increase in the price of downloadable apps utilized to enhance the e-book reading experience, which are complements.
III. A decrease in the price of tablet devices, which are substitutes.
IV. A reduction in the income of consumers of e-book readers.
Answer:
Tourists flock to visit the major theme park's in Orlando, Florida.
Determinant of AD: Consumer confidence is the best determinant in this case. Tourists flock the theme parks because households not only have enough money to spend on recreation, but also feel that they will continue to have enough money to make ends meet in the near future, otherwise they would not go to the parks, and instead would save the money.
Direction of the shift: the AD curve shifts to the right, because AD is increasing, and the AD curve increases when it shifts to the right.
Impact on output and price level: Output increases because consumer confidence, and as a result, consumer demand, is boosting aggregate demand.
Price level also increases, because demand is pushing the price of a good that has a relatively inelastic supply (the theme parks). In other words, demand is rising more than supply, and this increases the price.
Answer:
Expectancy.
Explanation:
Expectancy theory states that an individual such as an employee would choose to act or behave in a specific way or certain manner as a result of motivation received to pick up a behavior over others based on an expected result or outcome.
In this scenario, Spring Airlines is a small budget airline that is based in China. The company has a strict rule against passengers bringing any food or beverage on board with them. In a country where meal time is extremely important, this has caused some passengers to slap, throttle, and insult stewardesses who tried to enforce this rule. The tenacity with which the company's employees enforce this ruling is based on how the employees predict customers will react to the news. Thus, this is an application of the expectancy theory because it based on perceived or predicted behavior.