<u>Answer:</u>
The supply of essential goods does not affect demand.
<u>Explanation:</u>
- Essential goods are those without which the subsistence is the most difficult. They support the living at the most basic level by making up all that needs to be necessarily used and consumed in day-to-day life.
- Whether or not the supply for the essential goods is sufficient, the demand for it remains unaffected. That is because the availability of essential goods is a must to lead a decent life.
Answer:
Kosslyn's experiment found that the brain activity in the visual cortex:
<u>Plays a causal role in both perception and imagery.</u>
Explanation:
The investigation over the visual cortex done by Kossy, discovered that mental imaginary would activate the area of the visual cortex. This is so important because it proves that the brain, specifically this part, can operate without the real visual stimuli.
In other words the experiment proved that the visual cortex is not exclusivly activated when visual stimuli is present. This part of the brain can be activated by mental representation of for instance and object.
This experiment is important for the understangin of perception and memory.
Answer:
Keir will have the most money to spend on a new boat at the end of the five years; $1,440
Explanation:
Three friends decide that they each want to be able to buy a new boat in five years. Vanore puts $1,000 in a savings account with a simple interest rate of 4.5%. Keir invests $1,200 in a standard savers account with a simple interest rate of 4%. Omar invests $950 in a junior achievers account with a 6% annual compound interest rate. Who will have the most money to spend on a new boat at the end of the five years?
Vanore puts $1,000 in a savings account with a simple interest rate of 4.5%.
Vanore:
I = p * r * t
= 1000 * 0.045 * 5
= $225
I = $225
After 5 years, Vanore will have $1000 + $225
= $1225
Keir invests $1,200 in a standard savers account with a simple interest rate of 4%
Keir:
I = p * r * t
= 1200 * 0.04 * 5
= 240
I = $240
After 5 years, Keir will have $1200 + $240
= $1,440
Omar invests $950 in a junior achievers account with a 6% annual compound interest rate.
Omar:
A = P (1 + r)^t
= 950(1 +0.06)^5
= 950(1.06)^5
= 950(1.3382)
= 1271.1
A = $1,271.1
After 5 years, Omar will have $1,271.1
Keir will have the most money to spend on a new boat at the end of the five years; $1,440
