Property rights are: b. The right that individuals or firms have to buy or sell their property, and the exclusive use of their property
These properties can either be owned by the government, an organization or an individual. The right to property has four properties or rights:
Good’s usage
Make money from the goods
Sell the good to others
Property rights administration
Answer:
d. both the income and substitution effects encourage the consumer to purchase less of the good.
Explanation:
The income effect is the effect on the income when there are price changes. When the price increases, people can buy less products with the same income which means that the consumer will be encouraged to purchase less goods.
The substitution effect says that an increase in the price of a product will make customers to buy other similar products which will make them to purchase less of the good with the higher price.
Answer:
A, B & D
Resist humor and sarcasm.
Be concise
Care about tone.
Explanation:
E-mail tips to give a new intern should be to resist humor and sarcasm, be concise and care about the tone of the email.
Answer:
B. Web Administrators, Computer Operators, and Video Game Designers
Explanation:
Web Administrators requires individual to have minimum of high school diploma, with most ideal requirements is associate college degree. Also known as webmasters or web developers, their main functions is to maintain the website content, its design and other functionalities.
Also, Computer Operators are personnels or individuals who are skilled in maintaining the and running the computer systems, while ensuring it functions fully well.
The educational requirements are most associate college degree at the minimum.
Video game designers are as well have minimum educational requirements of high school diploma, and good knowledge and experience in programming, software programs, and 3D modeling amongst others can be an added advantage.
The other options requires minimum of Bachelor's degree, with research scientist can have minimum of Post graduate or doctorate degree in computer science and data analysis.
Hence, the correct answer is option B.
Answer:
B) government spending and taxes that automatically increase or decrease along with the business cycle.
Explanation:
The two most common automatic stabilizers are: income taxes and unemployment benefits.
When the economy is strong, people make more money, and income tax revenue automatically increases.
On the contrary, when the economy is weak, or in recession, people earn less, and more of them are unemployed. Unemployment benefits therefore increase accordingly.
