The term spillover refers to a market exchange that affects a third party who is outside or external to the exchange. This is further explained below.
<h3>What is spillover?</h3>
Generally, A spillover effect occurs when an occurrence in one nation has an influence on the economy of another nation, often one that is more reliant on the economy of the first nation.
In conclusion, A market exchange that has an effect on a third party that is not part of the transaction is referred to as having a spillover.
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Answer:
decrease in the demand for televisions today.
Explanation:
Consumers are usually interested in paying the lowest possible price for a good or service.
If they expect prices to fall in the future, they would be willing to shift demand into the future and reduce demand now.
I hope my answer helps you.
The correct answer is C. Money is safer in the bank.
Explanation:
The main point or position of Jonas is that savings should be kept in an account due to the costs associated with this. In this context, the only argument that refutes Jonas' position and it is directly related to the main point of Jonas is "Money is safer in the bank" because even if keeping savings in a bank requires to pay fees this guarantees the money will be safe, which does not occur if Jonas keeps his savings at home. Moreover, the safety factor makes the option of the bank better, which refutes Jonas position.
Answer:
A) Access to the firm's profits and gains are open only to those who take on the business risk of the firm.
Explanation:
This is essentially true for both profits and losses, only the owners of a private business will benefit or lose when the business makes a profit or loses money. In other words, if I invest, I assume the risks of my investment and the profit or loss from that investment affects me.
The same happens when you buy a car, only you can use it or decide who uses it. But if a stranger comes and takes your car it is a crime.
Answer:
A trust
Explanation:
A trust is a kind of business that acts as a fiduciary or a trustee of property on behalf of another party.
Typical functions of a trust includes administration and management of the business.
The assets are eventually meant to be transferred to another person.
In the given scenario Hannah is running a hospitality business which she recieve backing from investors.
The investors have entrusted Hannah with the running of the business. So this is a trust
