Answer:
c. whenever banks create financial assets for themselves, they create financial liabilities for individuals, and those financial liabilities are considered money
Explanation:
c. whenever banks create financial assets for themselves, they create financial liabilities for individuals, and those financial liabilities are considered money
Answer:
A 7.5% increase in the quantity demanded
Explanation:
If the price elasticity of demand (PED) is 0.75, that means that for every 1% change in the price of a product, the quantity demanded for the product will inversely change by 0.75%. If the price increases, the quantity demanded decreases, and vice versa.
If Sony lowers the price of its TVs by 10%, and the PED = 0.75, then the quantity demanded will increase by = 10% x 0.75 = 7.5%
FALSE. It is not greater then firms with smaller cash flows.
Answer:
Types of Law Careers. Banking and Insurance: Administrative Law Officer, Specialist Law Office. Public Prosecutor. State-Level or Local-Level Judge.
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