Answer:
How is the price elasticity of demand measured?
c. by dividing the percentage change in the quantity demanded of a product by the percentage change in the product's price
Explanation:
Price elasticity of demand (PED or Ed) is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to a change in its price when nothing but the price changes. More precisely, it gives the percentage change in quantity demanded in response to a one percent change in price.
The answer is sociocultural dimension. This dimension is
being defined as somewhat the individual all access to progress, completion and
even obstacles in which is one way of putting importance to it as this shows an
individual’s way of encompassing factors that may go in his or her way.
Answer: excess supply of money that will result in an increase in spending
Explanation:
The money market refers to the total amount of money that's in circulation in an economy at a particular time.
If the money supply increases, this implies that there'll be more money available for the people in the economy to spend. This ultimately leads to the increase in the demand for goods and services in an economy.
Therefore, the correct option will be "excess supply of money that will result in an increase in spending".
Answer:
The answer is false.
Explanation:
just did the lesson and got the question wrong on true
Answer:
The deficit increases from $200 to $300.
Explanation:
Current Account Balance before:
$2000 - $1300 - $900 = -$200.
Previously, the government had a current account deficit of $200.
Now,
$2000 - $1500 - $800 = -$300.
The government has a current account deficit of $300.
The current account deficit will increase by $100 to $300.
