Answer:
Complementary goods
Explanation:
Complementary goods are goods that are demanded for together or consumed together. If the demand for one of the complementary goods increases, the demand for the other good increases and vice versa.
If the price of coffee increases by 10%, the demand for coffee and doughnut would fall according to the law of demand.
I hope my answer helps you.
Answer:
1.98%
Explanation:
The computation is shown below:-
As we know that
PPP equation i.e
Nominal Interest rate = Real interest rate + Inflation rate
Now
The Inflation rate for Fiji is
= 5% - 2%
= 3%
And, the Inflation rate for US is
= 3% - 2%
= 1%
As we can see that the inflation rate for Fiji is more than the inflation rate for US so we should be depreciated the currency by considering the inflation differential which is shown below:
= (1 + 3%) ÷ (1 + 1%) -1
= 1.98%
Answer: variable; fixed
Explanation: In the short run, Kyoko's workers are variable inputs. This is because, the number of workers needed can be varied based on production needs, even in the short run. Examples are energy, labor etc.
Kyoko's ovens are fixed inputs. Fixed inputs are those inputs whose quantities cannot be changed in the short run by a firm as it seeks to change the quantity of output produced. Examples are equipment, land and building.
When facing a shortage you should expect .......
The answers the fit the given blanks above are FINANCIAL INTERMEDIARIES and FIRMS, respectively. In a capitalist economy, the businesses are held private and therefore, the production and the operation of the business for their profit is only owned by them.
