A person may choose to rent instead of buying a property as they can't afford a down payment
Answer:
You won't go over on an account, also, if someone hacks into your account/ uses your money, you know who to contact, for you know that you didn't buy that item.
Explanation:
Answer:
price level fall and value of money is rises
Explanation:
given data
one year basket costs = $10.00
two year two basket costs = $9.00
one year buy baskets = $50
year two,buy baskets = $50
to find out
as the price level falls, the value of money will be
solution
we see that when we compare to 1 year price go down from $10 to $ 9
so deflation at annual rate is
= 10%
so here
sum of $50 will be buy here =
= $5 in one year
and $ 50 buy in 2 year is =
= $5.56 in two year
so this is show here that price level fall and value of money is rises
Based on the descriptions of the economy, the type of economy that country b has is a developed economy.
<h3>What is a developed economy?</h3>
A developed economy is an economy characterised by high GDP, high rate of GDP per capita, high level of technological advancement and favorable laws that encourages the development of businesses.
Examples of developed economies are United States, Switzerland.
To learn more about developed economies, please check: brainly.com/question/19496739
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