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katrin2010 [14]
3 years ago
14

A fall in the price level: Multiple Choice reduces the value of money in peoples' pockets, so people buy less goods. reduces the

value of money in peoples' pockets, so people buy more goods. increases the value of money in peoples' pockets, so people buy more goods. increases the value of money in peoples' pockets, so people buy less goods.
Business
1 answer:
sladkih [1.3K]3 years ago
7 0

Answer:

increases the value of money in peoples' pockets, so people buy more goods.

Explanation:

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

If price level falls, the value of money rises as a consumer would be able to buy the same basket of goods at a reduced price. This would induce a consumer to buy more goods.

A rise in price levels reduces the value of money in peoples' pockets, so people buy less goods. 

I hope my answer helps you.

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<span>a country might have an absolute advantage in producing a good because it has a large population this doesn't mean that the country is more efficient than other countries If a country has a comparative advantage its opportunity cost is lower so by specializing and trading a good that a country has a comparative advantage with the country can get more out of what it produces.</span>
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A firm will work with a customer to design the product, and then make it from purchased materials, parts, and components. this f
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A firm will work with a customer to design the product, and then make it from purchased materials, parts, and components. this firm is called <u>a make order firm.</u>

<u />

A firm is a for-profit business, generally formed as a partnership that provides professional services, along with criminal or accounting offerings. The theory of the firm posits that firms exist to maximize profits.  The term firm is synonymous with enterprise or organization. firms can operate beneath several distinct structures, including sole proprietorships and corporations.

In income, commerce, and economics, a customer is a recipient of a good, service, product, or idea - obtained from a seller, vendor, or supplier via a monetary transaction or change for money or some other valuable consideration.

learn more about the organization here brainly.com/question/19334871

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2 years ago
Buying the beneficiary position on a life insurance policy of someone who is dying
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Buying the beneficiary position on a life insurance policy of someone who is dying is referred to as <u>Viatical Settlement</u>

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When the information is presented just with adjetives, telling us about the performance its a qualitative data, because it tell us "how things happened?"

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