Answer:
he found out that unless the price is a certain percentage that is higher than the price of the equivalent foreign product, federal agencies must buy products with at least 50% of the components made in the U.S.A.
Explanation:
Answer:
The income effect
Explanation:
The income effect is how real income is affected when there is change in price of goods and services.
Assuming income remains constant, as price falls income is able to purchase more goods and services, and as price increases the income will buy less of goods and services.
Also when people earn more they tend to buy more products.
In this case when the economy bis doing well and incomes increase sales of national brand of orange juice rises. The sales of generic orange juice however falls.
This shows that if there is enough money people prefer to by national brand of juice than generic orange juice.
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The answer is: Sabbatical
Sabbatical refers to a paid leave given to employees in order to study or travel. The term sabbatical is taken from the bible (where God rest on the seventh day after working for six days). Because of this, some companies only granted a sabbatical only if they already dedicated their life for the company for 7 years.