1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
musickatia [10]
3 years ago
6

The evidence on the supply curve of financial capital is controversial, but at least in the short run, the elasticity of savings

with respect to the interest rate appears to be __________.
a) elastic
b) inelastic
c) perfectly elastic
d) negative
Business
1 answer:
geniusboy [140]3 years ago
4 0

Answer:

a) elastic

Explanation:

Elasticity is a microeconomic concept that aims to measure the sensitivity of demand for savings to changes in interest rates. When calculating elasticity is a result greater than 1, the demand for savings is said to be elastic (interest-sensitive). Thus, slight interest rate variations will be sufficient to increase savings deposits. This is because people stop consuming to save and earn interest income. When the value is less than 1, savings are inelastic - little interest-sensitive. Thus, interest rate changes would not affect savings. This means that interest earned on savings is not attractive and people prefer to invest their money. in the consumption of goods and services.

This relationship is not fully known to economists in the long run, but in the short run there is a direct relationship between rising interest rates and increasing savings deposits. Thus, it is said that in the short term, the demand for savings is elastic at the interest rate. With each interest rate increase, the savings deposit rate increases.

You might be interested in
Maria, a certified financial planner, must also be a licensed attorney to be appointed Trustee of a bankruptcy estate. A. True B
seropon [69]

Answer: False

Explanation:

Bankruptcy Trustees are usually lawyers and this is why people think that they must always be lawyers but this is not the case.

The United States Trustee who is an officer of the Department of Justice and the one in charge of appointing Bankruptcy Trustees, can appoint a person other than a licensed attorney to be the representative of an estate for bankruptcy related matters (trustee) such as accountants or financial planners.

6 0
2 years ago
Scenario 13-6 Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As
marysya [2.9K]

Answer:

total cost of farming = $380

so correct option is d. $380

Explanation:

given data

cost of seeds = $130

Farmer Ziva charges = $25

time = 10 hours

solution

so total cost of farming is calculated as

total cost of farming = cost of seeds + opportunity cost

so put value

total cost of farming = $130 + ( $25 × 10 )

total cost of farming = 130 + ( 250 )

total cost of farming = $380

so correct option is d. $380

4 0
3 years ago
The following information should be used to according to the provisions of GAAP (Statement of Cash Flows) and using the followin
yanalaym [24]

Answer:

                   

Explanation:

3 0
2 years ago
Allie is having three friends over to order pizza and watch a movie that just came out on DVD. She wants to make sure that she i
Lana71 [14]

Hey there,

Allie could look up coupon and discount deals for the pizza. She could ask each of her friends to chip in a small amount of money to help with the costs. Another thing she could do is compare the prices of DVD's from various stores.

:)

4 0
3 years ago
Read 2 more answers
All other things being equal, supply curves slope upwards from left to right because
Svetach [21]

In most cases, the supply curve is drawn as a slope rising upward from left to right, since product price and quantity supplied are directly related (i.e., as the price of a commodity increases in the market, the amount supplied increases). ... A change in any of these conditions will cause a shift in the supply curve.

3 0
2 years ago
Other questions:
  • A company pays all selling expenses in the month incurred. Budget information includes: Administrative salaries: $50,000; Sales
    9·2 answers
  • Jim works in the accounting department at the Kansas Sunflower Corporation, where it is his job to record all transactions into
    10·1 answer
  • Are the costs of transforming direct materials into finished goods.
    13·1 answer
  • When preparing the statement of cash flows using the indirect​ method, a decrease in current liabilities is added to the net inc
    6·1 answer
  • Mark always avoids high-end brands as he considers them too expensive. However, in one of his shopping trips, he notices that a
    13·1 answer
  • the vikings company, based in minnesota, is committed to training new employees. assuming the company uses the incremental learn
    14·1 answer
  • Randa is trying to lower the vacancy rates for the commercial property she manages because her revenue targets will increase by
    6·1 answer
  • Uncertainties in the supply chain can lead to: _____________
    6·1 answer
  • Select the behavior that does NOT represent an example of a speaker effectively preparing for a lecture.
    11·1 answer
  • Solve it fast !!please​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!