Answer:
D. The quantity of car rentals demanded goes up.
Explanation:
Complimentary goods are products that are used together. If Airline travel and car rentals are complementary goods, it means the two products must be used together. Either of the products will not add much value to the customer if purchased alone.
Complimentary products have a joint demand. An increase in demand for one good leads to an increase in demand for the other product. If the demand for Airline travel rises, the demand for car rentals also increases. A decrease in demand will have similar effects.
Answer:
Product by value of analysis.
Explanation:
product in descending order of their individual dollar contribution to the firm, as well as the total annual dollar contribution of the product.
<span>The same laws that determine the price of everything. Supply and demand. If there are many workers and few jobs then pay is low. If there are few workers and many jobs then the employers have to compete with other employers for workers and have to offer high pay and benefits to keep workers. At least that is how it should work. Sometime employers in a given field will make a "gentlemen agreement" amongst themselves to keep the pay the same across the industry to keep worker pay down and to prevent people from job hopping.
</span>Hope this helps!
Answer: c. reserves; excess reserves; increase
Explanation: The reserve ratio (cash reserve ratio) is determined by a country's central bank (Federal Reserve in this case) as an important monetary policy tool to increase or decrease the economy's money supply. As such, it is the percentage of a bank's deposits that it must keep in cash as a reserve rather than invest with or lend out.
The reserves in the banking system would remain unchanged when the Fed lowers the required reserve ratio. However, the excess reserve (funds that a bank keeps back beyond what is required by regulation) would rise that would in most instances, lead to an increase in the money supply (due to increases in new loans and checkable deposits).
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