<span>Michael mixed three colors of paint and came up with black. this is an example of subtractive color mixing. When you mix together subtractive colors eventually the light is subtracted from them giving off a black color tone. These colors change with the light but can cancel each other out easily. </span>
Answer:
By Serving As A Tool For A Distributing Goods And Services.
Answer:
$3,208
Explanation:
The computation of the future value is shown below;
As we know that
Future valie = Present value × (1 + rate of interest)^number of years
where
Present value is $2,500
Rate of interest = 2.5% ÷ 4 = 0.625%
And, the time period is = 10 × 4 = 40
So, the future value is
= $2,500 × (1 + 0.625%)^40
= $3,208
Answer:
=4/7 cans of Belgium coffee for one can of US coffee
Explanation:
Cost of 1 can of coffee in US = $5
Cost of similar can of coffee in Belgium = EURO 7
Real Exchange Rate (Euro/$) =
Nominal Exchange rate × 
= 0.8 × 5/7
=4/7 cans of Belgium coffee per can of US coffee
Nominal exchange rate refers to the exchange rate between two countries which is not adjusted for inflation.
Nominal exchange rate when adjusted for inflation is known as real exchange rate.
Real rate = Nominal rate - Inflation rate
Answer:
b. A decrease in price of 2% causes an increase in quantity demanded of 0%.
Explanation:
By definition, the demand is said to be <em>perfectly inelastic</em> when no matter how much the price of a good changes, you will still be consuming the same exact amount as you did before the price changed.
Keeping this in mind, we know that the price may increase or decrease in 2%, but the demanded quantity will not have any change at all (people won't consume less or more).
So, now we know that the correct answer is <em>b, </em>because a decrease in price of 2% causes an increase in quantity demanded of 0% - in other words, people's purchase decision weren't influenced by the change in the price.
