Answer:
The correct answer to the following question is D) interest rates would be increased by the government when there is almost full employment in the economy.
Explanation:
When in the economy, business are producing close to productivity and in the nation there is almost full employment , then it can be said that the economy is booming . Which means there is good amount of money supply in the economy and people are spending robustly and that means the demand is high , which ultimately tells that the prices of goods and services are high.
So to cut the prices, government will increase the interest rate which will lead to the increase in cost of borrowing, and that will cause decrease in money supply and demand will ultimately fall, which leads to decrease in prices of goods and services.
Answer:
Option 1 and 2
Explanation:
Complete Question
Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers?
CHECK ALL THAT APPLY.
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High school athletes stop shopping there.
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The inventory of sports socks goes unsold.
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Publicity for the store declines.
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Profits decline because dress shoes cost less than sneakers
Solution
Sole Sister Shoe Store chooses to sell dress shoes over sneakers because the customers of sneakers stopped shopping from the store. Sneakers are mainly purchased by the high school athletes over any other footwear. Now, they stopped shopping and hence Sole Sister Shoe Store started selling dress shoes
Also, sports socks' inventory is unsold indicating the reduction in sale of sneakers and hence the Sole Sister Shoe Store started selling dress shoes
Expected value of the purchase of a ticket would be $3.00.
<u>Explanation</u>:
Given,
Raffle ticket costs = $5.00.
The prize = $200.
One hundred tickets are sold = 100 × 5
= $500.00
champ is drawn and given the prize of worth $200.
$500 - $200 = $300
So the normal estimation of the bought ticket = $3.00
The expected estimation of the acquisition of a ticket would be $3.00.
If the debtor continues not to pay the underlying debt, the creditor can foreclose on the debtor's real property to collect the amount due.
What would be the effect of a decrease in government taxes on a good's supply curve, ceteris paribus shift to the right
Supply curve shift:
Changes in production cost and related factors can cause an entire supply curve to shift right or left. This causes a higher or lower quantity to be supplied at a given price.
A supply curve shows how quantity supplied will change as the price rises and falls, assuming ceteris paribus—no other economically relevant factors are changing. If other factors relevant to supply do change, then the entire supply curve will shift. A shift in supply means a change in the quantity supplied at every price.
The ceteris paribus assumption :
A demand curve or a supply curve is a relationship between two, and only two, variables: quantity on the horizontal axis and price on the vertical axis. The assumption behind a demand curve or a supply curve is that no relevant economic factors, other than the product’s price, are changing.
Learn more about supply curve :
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