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
Viktor [21]
3 years ago
8

Recently, the price of gasoline dropped to just under $3.50/gallon. Economic analysts currently are focusing on questions concer

ning the likely impacts of this price decrease on the demand for gasoline. The branch of economics that deals with these questions is called: (a) normative economics (b) positive economics (c) microeconomics (d) macroeconomics
Business
1 answer:
amid [387]3 years ago
4 0

Answer:

The correct answer is (b) positive economics.

Explanation:

The positive or descriptive economy seeks to explain how the economy works based on reality, that is, empirically. Therefore, try to explain what it was, what it is and what it will be, explaining the consequences of different economic phenomena.

In making a positive economy, economists are considered to act as scientists, moving their moral considerations away from the reality analyzed. Thus, they focus on explaining the cause-effect relationships between facts and economic variables objectively.

The positive economy starts from an economic phenomenon and seeks to find its cause (what was) and its consequences (what will be). This is about establishing a chain of cause-effect relationships between the different economic phenomena, so that the consequences on the reality of any change in the variables studied can be known.

You might be interested in
Pepsodent launched a new product that could whiten teeth, fight decay, and maintain fresh breath. Observing that Pepsodent did n
Scorpion4ik [409]

Answer:

flank attack

Explanation:

Based on the scenario being described within the question it can be said that this is an example of a flank attack. This is the marketing strategy that focuses on attacking the different weak points of the competitors in the market. Which is what Colgate is doing by focusing on the one aspect that Pepsodent has not targeted in order to overtake all of their market share on their newly launched product.

8 0
3 years ago
Read 2 more answers
What is home equity?
mariarad [96]

Answer:

A proportion of your property that you truly own.

Explanation:

Home equity is a homeowner's interest in a home. It can increase over time if the property value increases or the mortgage loan balance is paid down.Put another way, home equity is the portion of your property that you truly “own.” You're certainly considered to own your home, but if you borrowed money to buy it, your lender also has an interest in it until you pay off the loan.

Btw I found this in a website

Hope this helps

5 0
3 years ago
Read 2 more answers
What would you say is the key difference between a nft and an art print?.
djverab [1.8K]

NFT art differs from traditional art in that it is entirely digital and can only exist in digital wallets on a specific blockchain. An art print, on the other hand, is an image on paper that does not exist on the digital wallets.

<h3>What is NFT?</h3>

A non-fungible token (NFT) is a non-transferable data unit that may be sold and traded on a blockchain, which is a sort of digital ledger.

Cryptocurrencies and physical money are both "fungible," meaning they may be traded or exchanged for one another.

In fact, anyone can make an NFT and sell it on a marketplace for NFTs.

Thus, NFT is the digital wallets and art print is the non digital wallet

For further details about NFT, click here:

brainly.com/question/24977458

3 0
2 years ago
g Suppose the Federal Reserve begins to increase the supply of money at an increasing rate. What impact would that have on GDP,
satela [25.4K]

Expansionary monetary policy shifts AD to the right.

<h3>What is Expansionary monetary policy?</h3>
  • Expansionary policy, often known as loose monetary policy, expands the availability of money and credit in order to stimulate economic growth.
  • During difficult economic circumstances, a central bank may use expansionary monetary policy to reduce unemployment and stimulate growth.
<h3>Impacts on GDP, unemployment, and inflation by the increase of supply of money:</h3>
  • The Federal Reserve begins to grow the money supply at an increasing rate.
  • The impact on GDP, unemployment, and inflation would be significant.
  • AD is shifted to the right by expansionary monetary policy.

Therefore, expansionary monetary policy shifts AD to the right.

Know more about Expansionary monetary policy here:

brainly.com/question/18939014

#SPJ4

8 0
2 years ago
Entrepreneurship can be very challenging. Which is not a typical challenge of being an entrepreneur?
lord [1]

Answer:

<u>Financial reward</u> is not a typical challenge

Explanation:

3 0
3 years ago
Other questions:
  • Sales tax is calculated
    9·2 answers
  • William pays his $500 premium every 6 months for automobile insurance with collision coverage. His deductible is $750. William c
    13·2 answers
  • Lynn Bernerd, Inc., manufactures and sells reclining furniture. The company currently operates in the United States but wishes t
    15·1 answer
  • Briefly describe at least one additional test you could perform to gain evidence as to whether or not the cash account is materi
    5·1 answer
  • A company that produces a single product had a net operating income of $90,000 using variable costing and a net operating income
    15·2 answers
  • According to your text, the best means of using direct foreign investment to attract new sources of demand is probably to
    9·1 answer
  • A company started the year with $1,500 of supplies on hand. During the year the company purchased additional supplies of $800 an
    13·1 answer
  • Assume the current U.S. dollar-yen spot rate is 125¥/$. Further, the current nominal 180-day rate of return in Japan is 3% and 4
    11·1 answer
  • Rolling Hills Golf Course is planning for the coming golfing season. Investors would like to earn a 10% return on the company's
    13·1 answer
  • Making hypothetical changes to data and observing the results is:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!