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Pepsi [2]
3 years ago
7

Fiscal policy is the tax and spending decisions made by the president and

Business
1 answer:
aleksandr82 [10.1K]3 years ago
7 0

Answer:

The president makes decisions with the congress.

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The ability of firms to enter and exit a market over time means that, in the long run, the supply curve is more elastic.

Two basic economic concepts are combined in the law of supply and demand to explain how shifts in the price of a resource, good, or service affect its supply and demand. As the price rises, supply increases while demand decreases. On the other hand, as the price falls, demand increases and supply becomes more limited.

The degree to which changes in price translate into changes in demand and supply is known as the product's price elasticity.

Basic consumer demand is comparatively inelastic, or less responsive to price changes.

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1 year ago
Which best explains how the law of demand affects consumers?
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Which statement describes the most common characteristics of oral narratives
Gennadij [26K]

Answer:

I have 3 statements

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3) It is written in past tense

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Guy​ Ferrell, a student who lives in the country​ Paragon, observes that analysts are cutting their growth forecasts for the eco
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The correct answer to this open question is the following.

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