Answer:
A). It will decrease - 'the quantity of coffee demanded.'
B). It will increase - 'the quantity of coffee supplied by producers'
Explanation:
'Binding price floor' is demonstrated as the price greater than the equilibrium price set by the government to ensure that the prices of such products do not fall below a specific limit.
As per this definition, <u>the quantity of coffee demanded by the consumers will decrease while the quantity supplied(by producers) will increase if the binding price remains constant for several years</u>. This situation of decrease in the quantity demanded(due to hike in prices which is artificially made by the government) while an increase in quantity supplied(due to people reducing purchases as a consequence of hike in prices) which helps ensure a surplus in that good i.e. 'coffee' here.
Answer:
Technological advancements
Explanation:
In simple words, generation gaps refers to the differences between two individuals born in different time period, usually at a difference of ten years, regarding their opinions, perceptions and life style culture.
Such gaps occurs majorly due to technological advancements which change the overall lifestyle in the community and thus results in significant differences between generations.
Romanticism is a method used to reveal the beauty or truth existing in the mankind using words and characters
The main difference between Romanticism and Realism is usually realism reveal only the objective truth even though it's a cold and ugly Truth
Answer:
An decrease in interest rates generated by the FED buying bonds will, ceteris paribus, _increase __________ bond prices..
Explanation:
There is inverse relation between bond price and interest rate .
Bond price , sums up the present cash value of cash flow of bond. The cash flow is discounted by the prevailing interest rate . If it goes down , the NPV of cash flow increases . Hence the bond price increases.
Second theory is that , when prevailing interest rate decreases , demand of bond on which interest rate is fixed goes up . Hence its price increases.
Answer:
health is very important and essential to humans.so I think the country saves more money and time for other things
