If the price of the ski trip has increased then the demand
for the ski jacket will likely decrease because of the demand curve in terms of
the ski jackets that will be shipping to the leftward as the ski trip were to
increase.
All economic questions and problems arise from <span>C. scarcity. scarcity is defined as the lack of resources and is the opposite of abundance. If scarcity such as famine is experienced by a country or nation, there arise questions why such state happened</span>
<span>A CDO pays out cash flows from a collection of assets in different tranches, with the highestminus−rated tranch paying out first, while lower ones paid out less if there are losses on the underlying assets.
CDO is collateralized debt obligation.It is a type of ABS (asset-backed securities). CDO's are created in tranches and tranches are number of securities offered for a same transaction.</span>
The correct answer is C) The relation of tax rate to income
Tax progressivity basically means that the more you earn the higher your taxes are.