Answer:
The correct answer is option A.
Explanation:
The income effect refers to the change in the quantity demanded of a commodity due to change in the price level because, consumer's purchasing power changes as well.
When the price level increases, the real income of the consumer will fall. As a result, the consumer will demand less.
The income effect can be both direct and indirect.
Answer:
Refer below.
Explanation:
I foresee that loan costs would fall with the arrival of forward-thinking, dependable data on all organizations wishing to give bonds on account of expanded buyer request. This data would make it simpler for financial specialists to decide the reliability of firms and request should rise on account of the simplicity and help in dynamic. At the point when request rises, loan fees decrease.
Answer:
This is just an advertisement due to the fact that it misses terms in order to be an offer
Explanation:
To begin with, if we wanted to make that advertisiment a more specifically offer then the manager should add certain conditions and terms in order to make it, like for example the conditions that are necessary in a contract to accept the offer that is being made by the company to the client. Therefore that in order to make that advertisiment an offer it is necessary to add the conditions of the sale that the consumer will have to agree to if he wanted to buy that offer.
Answer:
It must be an original expression.
Explanation:
Answer:
At 11.14% interest rate we need to invest 8,650.71 today
At 5.57% interest rate we need to invest 92,090.97 today
Explanation:
We will calculate the present value of 1,000,000 at 11.14% for 44 years
and at 5.57% for 44 years
Maturity 1,000,000.00
time 44 years
if rate = 11.4% = 0.114
PV 8,650.71
if rate = 5.57% = 0.0557
PV 92,090.97
