Answer:
must pay a full commission to both brokers.
Explanation:
Based on the information provided within the question it can be said that the seller must pay a full commission to both brokers. This is because he entered into a contractual agreement when he hired each broker for their services. Since he did not let the first broker know about wanting to hire another broker and did not cancel the contract then he must pay the commission to both brokers since both provided him with their service.
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An increase in the expected inflation rate shifts the short-run Phillips curve upward.
Inflation is the rate of increase in prices over a period of time. Inflation is usually a broad measure, such as a general rise in prices or an increase in the cost of living in a country.
US annual inflation accelerated to 9.1% in June 2022, from 8.6% in May to his highest since November 1981, beating market expectations of 8.8%.
Although high inflation is generally viewed as detrimental, some economists believe low inflation could boost economic growth. The opposite of inflation is deflation, where prices tend to fall. The Federal Reserve is targeting 2% inflation based on the Consumer Price Index (CPI).
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Answer:
The answer is: C) hold only a fraction of their assets in the form of reserves against their deposits.
Explanation:
Fractional reserve banking refers to a banking system in which banks keep as reserves only a percentage of the money their clients deposited. By doing this, banks are able to use the rest of their clients' funds to make loans and other financial operations, therefore creating "new money". For example, a client A deposits $100, the bank keeps in reserve $10, and loans $90 to a different client B. Client A's $100 have created an extra $90 in new money.
<span>Answer- The fifteenth of the month. This question doesn't require a lot of thinking. In other words it is a straightforward question. The subscription for each full month is actually $30. This means the subscriptions for each day is about $1. Since the first subscription was $45, the service started on 15th of the moth ($45-$30).</span>