Answer:
b reduce the money supply
Explanation:
Answer: Downward sloping
Explanation:
The Aggregate demand curve shows the national income in a country and the reason the AD is downward sloping is to represent that when the price level increases, the national income will drop because people now have to spend more for goods and services.
There are different factors that go into the AD curve but the basic premise is that when prices are high, people can only afford less so the demand decreases.
Answer:
A person using a credit card. He uses the credit card to pay for goods and services, then he repays the credit card company at a future date.
One type of installment closed-end credit is a car loan. The car company offers the consumer credit to buy the car. The credit does not extend beyond the sales price of the car. In addition, the person pays the credit in installments over a period of time instead of paying it back in one lump sum.
Explanation:
Sole proprietorship is a business enterprise which is solely owned, managed and controlled by one person known as a sole proprietor or proprietress.
It is also the oldest and most commonest business entity found in <em>Africa</em>.
This is because, it requires only a little amount to start it.
Examples; Petty trading, Farming, Pure water production, Barbering etc.
Hope it helps.
UCC requires consideration for original
contracts, but does not require a contract modification (in good faith) to be
supported by new consideration
- Writing may be required (e.g. certain
merchant/non-merchant contracts where merchant supplies form, statute of
frauds) and addition to that UCC’s Purpose are the following: 1. Simplify,
clarify, and modernize;2. Recognize important role of custom, usage and
agreement;3. Establish uniformity.
The UCC strives to promote deals, not formalism.
