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OleMash [197]
3 years ago
12

When the price of summer tank tops falls and you buy more of them because they are relatively less expensive, this is calledA) t

he substitution effect.B) the income effect.C) the deadweight loss effect. D) the elasticity effect.
Business
1 answer:
svet-max [94.6K]3 years ago
4 0

Answer:

The correct answer is A) the substitution effect

Explanation:

In other words, the substitution effect is when sales fall because the consumers change into cheaper alternatives when its price rises.

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Collateralized mortgage obligation (CMO) tranche A has been created to have the most predictable near-term principal pay off. A
Mamont248 [21]

Answer: d. a lower yield

Explanation:

When a security is said to bring back predictable returns it means the security is of lower risk. A CMO tranche that has the most predictable near-term principal pay off is therefore the one with the a lower risk.

Riskier securities command higher yield than less riskier ones as a way to compensate the holder for taking on more risk. With tranche A having the lower risk, it will have a lower yield.

5 0
3 years ago
Write this number in expanded form 2,845,928 Answer
trasher [3.6K]
2,000,000 + 800,000 + 40,000 + 5,000 + 900 + 20 + 8

This is <span>2,845,928 is expanded form

Hope this helps!</span>
5 0
3 years ago
The aggregate supply of labor is the A) total amount of time a person works over his or her lifetime. B) total amount of time a
Nataly_w [17]

Answer:

D) sum of the labor supplied by everyone in the economy.

Explanation:

Aggregate supply of labour is a measure of total number of people that are working and recoevong wages in am economy per unit time. It is not the total population in am economy. It is the number of hours employees are willing to work in a given period of time. For example workers may generally be willing to work for 40 hours per week. There will be a general decline in aggregate supply of labor for instance if total number of hours reduces to 20 hours per week.

8 0
3 years ago
Read 2 more answers
Which of the following is not a function of the Federal Reserve​ System? A. Taking deposits of small lenders to pool savings and
Sonbull [250]

Answer:

The correct answer is option A.

Explanation:

The federal reserve system plays several functions that are crucial for the working of the economy. It regulates the supply of money in the economy. It issues currency and controls the flow of currency in the market.

The federal reserve system also acts as the banker for the government and bankers for commercial banks. It acts as the lender of last resort for commercial banks. It also provides payment clearing systems.

The federal reserve system though does not accept deposits or extend loans to small lenders. The function of accepting deposits and extending loans is played by commercial banks.

5 0
2 years ago
Which of the following types of loans is the most common instrument used to finance the acquisition of existing commercial prope
adoni [48]

Answer:

A

Explanation:

Fixed-rate balloon mortgage loans is a type of loans and a common instrument used to finance the acquisition of existing commercial property.

4 0
3 years ago
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