Answer:
B and C only.
Explanation:
The options of this question wasn't provided. Here are the options:
A.
higher real interest rate induces more investment.
B.
higher real interest rate discourages current consumption.
C.
higher real interest rate encourages more saving.
D.
all of the above.
E.
B and C only.
It is assumed that households either spend disposable income on consumption or savings. If interest rate is high, it would encourage households to save instead of spending on consumption. The same argument extends to firms.
This explains why the credit supply curve is upward sloping or positively sloped, the higher the interest rate, the higher the savings rate and the higher the credit supply. Conversely, the lower the interest rate, the lower the savings rate and the lower the credit supply.
I hope my answer helps you
Answer:
the satisfaction all consumers should receive from consuming a good or service
Explanation:
Utility is the satisfaction all consumers should receive from consuming a good or service.
This ultimately implies that, when consumers purchase a product or takes service from a service provider (business organization) they should get maximum value and satisfaction for the amount of money being spent.
For example, if a consumer buys an automobile, he should be satisfied with the use.
Answer: elastic; inelastic
Explanation:
A good is considered (elastic) when producers can quickly supply more or less of it based on changing prices while a good is considered (inelastic) when producers can quickly change how much of it is supplied when prices change.
In an elastic good, a change in price brings about a significant shift in the demand of such good while on the other hand, in an inelastic good, a change in price brings about an insignificant shift in the demand of such good.
Answer:
$84,842,000
Explanation:
The book value is total assets less total liabilities
Book value = initial equity + equity issued + net income
$77,842,000 + $4,000,000 + $3,000,000 = $84,842,000
Answer:
The answer to your question is a bank
