Answer:
<h2>The answer in this case would be option a. or feel more wealthy, so the quantity of goods and services demanded rises. </h2>
Explanation:
- As a common consumer psychology,as the price of any good or service decreases,any rational consumer or buyer feels more wealthy compared to before as the purchasing power of the consumers or buyers pertaining to that particular good or services has increased,everything else held constant.
- Purchasing power of any good or service is generally reflected by the purchasing or buying capacity of that good or service with the amount of money that a consumer or buyer has at his or her disposal.
- As the price of any good or service decreases,it becomes cheaper to the consumer,again everything else considering constant.In other words,it increases the purchasing power or capacity of the consumers or buyers.Therefore,the typical consumer or buyer will prefer or demand more of that particular good or service thereby,increasing its quantity demanded due to a price reduction.
Answer:
A. Smoothing
Explanation:
The smoothing approach is a conflict resolution technique that occurs when the project manager seeks to resolve the conflict by seeking an agreement that is beneficial to everyone, that is, seeking to reach consensus on a certain situation to mitigate divergences and thus focus back to work and not conflict.
This technique is a quick solution for the resolution of conflicts that is generally effective in the short term, because the conflict, even if it exists, is left aside while there is a viable solution, such as what happened in the question, that despite the two managers want the team member working for him full time, each of the managers gave in to have the employee working part time for each one.
The supply of loan able funds, increases the interest rate, and discourages both consumption and investment. This process is called the <u>Interest Rate Effect</u>
Explanation:
The impact of a rise in the cost of borrowing on production costs due to price inflation within an economy.
The interest rate effect reflects the fact that most consumers and business finance managers will cut back on their borrowing activities when interest rates increase.
Answer:
See below
Explanation:
The cash balance as at the end of December 31 2020 is the net cash provided by operating activities, less net cash used by investing activities plus net cash provided by financing activities plus the beginning cash balance as at January 1, 2020
Net cash provided by operating activities = $569,000
Net cash used by investing activities = $988,000
Net cash provided by financing activities = $595,000
Beginning cash balance = $331,000
Closing cash balance = $569,000 - $988,000 + $595,000 + $331,000
Closing cash balance = $507,000
Explanation:
55 to 65-Year-Old’s Budget
Particular Per month
Housing $554
Food $245
Healthcare $500
Pensions $350
Entertainment $118
Transportation $247
Cash $155
Other $94