The answer to the following question:
<span>How does the point of view used in "Battling the Digital Jolly Roger" differ from "The Completely Free Market" and affect the reliability of the article? A. The author uses first person, and conducts interviews with the CEOs of the major Internet companies, which offers a different perspective on the issue. B. The author uses first person, having helped to write SOPA, defending his or her position on why online piracy must be stopped. C. The author uses third person, but includes some first person interviews, which gives the reader a variety of opinions to choose from. D. The author uses third person, objective, presenting facts, which makes the article more reliable.
is:
</span>B. The author uses first person, having helped to write SOPA, defending his or her position on why online piracy must be stopped.
c. when the price of a good decreases, sellers produce less of the good.
According to the law of supply, an increase in price results in an increase in quantity supplied. This means that there is a direct relationship between price and quantity: Thus, when price of a good falls, sellers produce less
Answer:
provide loans to consumers.
Explanation:
Banks use the money savings accounts to issue loans to customers. The loans issued become assets to the banks. A Bank make profits by charging higher interest on the loans than the interests they offer on savings. The interest charged on loans is the main source of revenue for the banks.
Banks loan out to businesses and households to finance investments and consumption. Savings accounts become a pool to collect funds that businesses can borrow to finance their expansion. Individuals also borrow for consumption and personal development
Answer:
A classic example of exogenous shock is the oil supply shock in the 1970s.
Explanation:
At that time, the OPEC (Organization of Petroleum Exporting Countries), led by Arab countries, controlled the supply of oil in retaliation for Western policies. Controlling supply, ie decreasing production, drastically raised the price of a barrel of oil. Thus, both the quantity of equilibrium and the price and equilibrium changed in that situation due to the exogenous shock in the supply of the product.
