The answer to the question is: the Economic Recovery Tax Act of 1981. It is known as ERTA or Kemp-Roth Tax Cut. It encourages economic growth though reducing individual tax rates by twenty-five percent, the charging of depreciable properties, incentives from businesses and other incentives.
These affirmations are FALSE, TRUE and FALSE.
In order to serve in the U.S House of Representatives, the person must be at least 25 years of age and have at least 7 years of U.S residency. Also, to be eligible for working in Congress, candidates must live in the state that they intend to represent.
The executive order 9066 did not apply to the persons of Japanese
descendant living in Hawaii because of the Japanese American internment in
which this order instructs a relocation of Japanese descent from the place of
the west coast in which this does not apply with the Japanese descent living in
Hawaii.
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1. Spain's transfer of territory to France - 1682
2. Pinckney's Treaty 1795
3. Louisiana purchase - 1803
4. Pike's expedition in the Southwest - 1805
Answer:
D. relatively more inelastic because wine is a luxury.
Explanation:
Elasticity is a measure of the sensitivity of demand to price changes. When price changes significantly alter demand, we say that demand is elastic. On the contrary, when price changes do not significantly alter demand, we say that demand is inelastic. This is the case of wine in relation to water. Wine is a good that can be considered sophisticated, luxury. Therefore, consumers are less sensitive to variations in the price of wine. However, water is an abundant good and demanded by all. If the price of water increases, demand tends to decrease as the elasticity of water demand is relatively greater than the elasticity of demand for wine. In other words, wine the demand for wine is relatively more inelastic.
