The aggregate demand curve shows a relationship between aggregate price level and demand at the given spending growth.
<h3>What is demand?</h3>
Demand is explained as the requirement of a certain product in the market, usually this demand is varied if the prices are changed and the demand also is impacted by the supply.
If the prices are high it is highly likely that the demand of that product will reduce if the product is not a necessity.
If the prices are lower the demand for the product will increase.
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Answer:
Option (d) is correct.
Explanation:
Suppose Deborah gets a sales bonus at her place of work,
Disposable Income, YD = $ 600
Consumption, C = $480
Savings , S = $ 120
Marginal propensity to consumer, MPC:
= Consumption ÷ Disposable Income
= 480 ÷ 600
= 0.8
Therefore, Deborah marginal propensity to consume (MPC) is 0.80
Option (d)
Answer:
The correct option is D
Explanation:
A key characteristic of pandemic influenzas is that they have the ability to mutate rapidly. When the immunity of human increases the pandemic virus changes.
Answer:
$1,094.50
Explanation:
Regular pay is $20.50
Over time pay is $20.50 x 1.5 = $30.75
Tommy earned as follows.
Regular hours : 40 x $20.50 = $820
Overtime hours: 9 x $30.75 =$274.50
Total amount earned
= $820 + $274.50
=$1,094.50
Answer:
False
Explanation:
Extrapolative expectations refer to an expectation in which there is a continuation of trend that means if the price of a property rises, then the demand is also rising and it pushed for more prices also there is a condition when the price is falling so it would also decrease in the market supply also it pushed out down
So the given statement is false