The mixture amount of products and offerings demanded modifications because the fee degree falls because it results in a upward push in actual wealth, a fall in hobby fees.
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An hobby fee is the quantity of hobby due consistent with duration, as a share of the quantity lent, deposited, or borrowed. The general hobby on an quantity lent or borrowed relies upon at the predominant sum, the hobby fee, the compounding frequency, and the period of time over which it's far lent, deposited, or borrowed. The annual hobby fee is the fee over a duration of 1 year. Other hobby fees practice over extraordinary periods, which include a month or a day, however they're usually annualized.
The hobby fee has been characterized as "an index of the preference . . . for a greenback of gift over a greenback of destiny income." The borrower wants, or needs, to have cash quicker as opposed to later, and is inclined to pay a fee—the hobby fee—for that privilege.
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Answer:
Financial Assets / International Value of Dollar both decrease
Explanation:
Open market operations are carried out by the government to control supply of money in the economy.
When there is to be a reduction in money supply a government can sell bonds thereby mopping up the cash in the economy.
On the other hand when they want to increase money supply bonds are bought and cash injected into the economy.
In the given scenario the Federal Reserve buys bonds on the open market. This will cause a decrease in purchase of financial assets by foreigners because bonds are no longer available. They have been purchased by the government.
Buying of bonds by the Fed will also increase money supply. There will be excess supply over demand.
This will tend to reduce the value of the dollar.
Answer:
Total variable cost= $52,700
Explanation:
Giving the following information:
19,000 units:
Total variable costs= $58,900
Fixed costs= $38,000
<u>First, we need to determine the unitary variable cost:</u>
Unitary variable cost= 58,900/19,000
Unitary variable cost= $3.1
Now, the total variable cost for 17,000 units:
Total variable cost= 17,000* 3.1
Total variable cost= $52,700
Answer:
B) January 1, 2019
Explanation:
The earliest effective date of the S election after all the shareholders have consented to the election occurs on the first day of the first calendar year following the year that the corporation first had shareholders.
Answer: Positive.
Explanation:
Suppose there are two related goods, i.e, Good A and Good B.
Cross price elasticity of demand refers to the responsiveness of demand for Good A if there is a change in the price of its related good, i.e, Good B.
Now, we are talking about gasoline and public transportation, suppose if there is increase in the price of gasoline then it will be costlier for the people to drive their own cars, as a result demand for public transportation increases.
There is a positive relationship between the gasoline and public transportation.
Hence, cross-price elasticity of demand between gasoline and public transportation is Positive.