Answer:
a. Dan saves a portion of his income in an interest-earning account. In the loanable funds market, Dan is <u>a supplier of loanable funds</u>.
b. John owns a pizzeria and needs to borrow money for a new oven. In the loanable funds market, John is <u>a demander of loanable funds</u>.
c. Savers like Dan are likely to save more when the real interest rate <u>increases</u>. Therefore, the supply curve for loanable funds <u>slopes upwards</u>.
d. Borrowers like John are likely to borrow more when the real interest rate <u>decreases</u>. Therefore, the demand curve for loanable funds <u>slopes downwards</u>.
Explanation:
a. Savers who invest their money in interest‑earning accounts are providing funds for others to borrow. They act as suppliers of loanable funds.
b. Borrowers are demanders of loanable funds. They often use these funds to expand productive capacity and pay interest for the use of the funds to the lender.
c. Savers offer their funds as loans and receive interest in return. Therefore, savers have an incentive to save more as the interest rate increases, since they thereby receive a higher return. The supply curve for loanable funds slopes upwards as a result.
d. Borrowers have an incentive to borrow more as interest rates fall, since as the cost of borrowing decreases, capital projects become more profitable. The demand curve for loanable funds slopes downwards as a result.
The silk road can promote the cluture communicating and the economic development by linking China and counties all over the world. For exampe, Chinese could go to India to learn the Buddhism and bring it back. And Chinese could also spread Chinese culture to other countries.
Answer:
<u>Compliance</u>- Myra agrees to pick her sister up at the airport.
<u>Conformity-</u> When Sally sees all her friends dressed in jeans for the school dance, she goes home and changes into her jeans.
<u>Obedience</u>- When the policeman tells the high school students to get out of the bathroom, they immediately leave.
Explanation:
1. Compliance is when an individual acts according to the wish of the other persons involved. "To comply" means to agree with the ideas and wishes of others.
<em>Thus, the act of Myra going to the airport to pick up her sister is an act of compliance, for it shows her decision to help her sister.</em>
2. Conformity is when someone changes herself in respect to the opinion/ideas of the majority. "To conform" is to change oneself according to the way the others are.
<em>The act of Sally going back and changing her outfit to match her friends shows her conforming to the majority group.</em>
3. Obedience is the act of obeying or taking in account the advice and ideas of others and doing it in action/ putting in the effort.
<em>The students leaving the bathroom on the order of the policeman is an act of obedience.</em>
Corona obviously and let China ppl know abt it first
