1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Basile [38]
3 years ago
9

1. Suppose the wages of the cafeteria workers on campus increase by 10% forcing the price of meals to increase at the same time

your scholarship income doubles. (Cafeteria meals are an inferior good.) How will these changes impact the quantity and price levels in the cafeteria food market?
Quantity / Price

Increase / Indeterminate
Increase / Decrease
Decrease / Indeterminate
Indeterminate / Decrease

2. Which of the following would cause an increase in aggregate demand?
I. Congress cuts personal income taxes.
II. The degree of excess capacity increases.
III. The quantity demanded of imports increases.

I only.
II only.
III only.
I and II only.
I, II, and III.

3. Which of the following will cause an increase in aggregate demand?

an increase in imports.
an increase in exports.
a decrease in consumer spending.
a decrease in national income.
a decrease in business expansion.
Advanced Placement (AP)
1 answer:
Jet001 [13]3 years ago
8 0
The correct options are as follows:
1. DECREASE / INDETERMINATE.
We are told in the question that cafeteria meals are inferior goods. An inferior good is a type of good whose demand decreases as the income of the consumer increases. That is, when the income of a consumer increases, such consumer will buy less of inferior goods and instead move on to buy goods that are more expensive. Thus, the demand for an inferior good will decrease as the income of the consumer increases. People usually buy inferior goods when they have low incomes, immediately their income increases, they move on to buy more expensive goods. Examples of inferior goods are: cheap cars, cheap frozen foods, intercity bus services, etc.

2. I, II AND III
Aggregate demand refers to the total demand for goods and services in a particular economy at a given point in time. The factors that affect aggregate demand include: consumers' expenditures, investment spending on capital goods, government spending and foreign goods. Shifts in these factors will either increase or decrease the aggregate demand. The following factors increase the aggregate demand: When the government reduces the income taxes paid by workers, increases in excess capacity and increase in quantity of foreign goods demanded.

3. AN INCREASE IN EXPORT.
An increase in the amount of goods exported by a country will lead to an increase in the amount of foreign incomes earn by the country, this in turn will increase the spending capacity of that country. Thus, increase in foreign incomes earn by an economy leads to increase in aggregate demand. 

You might be interested in
YOU WILL GET THE BRAINLIEST!!!
Rom4ik [11]
Review the information given
Study if needed
Understand the information given to you
Research your information such as reading articles that can help you with your formative or argumentative essay
Write in MLA format this is something you need to know for college
Review your essay fix any errors or make any changes
Submit
5 0
3 years ago
Read 2 more answers
Evaluate the extent to which the Chesapeake and New England colonies differed, and account for why the major differences in deve
BARSIC [14]

Answer:

1. the writer has limitations because they can only write about the chesapeake colonies and the new england colonies, not about anything else that doesn't tie in with those two colonies. the writer can make choices about how to answer the questions and how to word them to make them sound well written.  

2. you will need to think about the historical causation, appropriate use of relevant historical evidence and more that are required by the prompt.  without these you wont know how to answer the question.  the essay must include the intro, body, and the conclusion to receive a full score.

3. option a would not be an acceptable thesis for the prompt. it is not an acceptable thesis because it doesn't give more detail about what you are talking about. your thesis should be specific, it should only cover what you will discuss in your paper.  option a was not specific, so it could of talked about anything including those two colonies.

4. the new england colonies had thin rocky soil with fast moving rivers with a more diverse economy that included shipping luber, and exports of food and crops. the chesapeake colonies had better soil that the new england colonies,and a longer growing season.  the chesapeake colonies had a much more higher priority on the production of tobacco and other cash crops. since they lived in different regions they had different production needs. they were both settled for religious freedom but they had their differences.  both colonies did disturb the american indians by taking away their land to settle, which lead to conflict. i've met all of the requirements because i answered the question fully.

5. to provide evidence you must include facts about what you are writing about.  they must be true to be considered evidence. you could also use sources to add information.  this excerpt did a good job at using evidence.  they used lots of facts regarding the two colonies.  (not sure about this one)

6. you could provide historical context by first adding some background about what your going to add.  then you could state your historical context that you are going to add, and then explain what you just added.  you could add the historical context in the body paragraphs when trying to prove or solve something to the reader.

Explanation:

i hope this helps everyone. goodluck!!!

6 0
3 years ago
Supreme Court Case
Harman [31]

Answer: the answer is d

Explanation:

5 0
3 years ago
Read 2 more answers
Bút toán nào sau đây thể hiện việc trích khấu hao TSCĐ sử dụng ở bộ phận quản lý doanh nghiệp:
zloy xaker [14]

Answer:

sorry ito ba?? taga pilipinas kame eh sorry tlg

5 0
2 years ago
Bipolar disorder, major depression, and anxiety disorders may all be treated with
sweet-ann [11.9K]
With cinsuling and medcince
3 0
3 years ago
Read 2 more answers
Other questions:
  • Common house hold cleaning products__________.
    12·2 answers
  • In Latin, “scientia” means___________. Knowledge Science Study Experiments None of the above
    14·1 answer
  • What must a cell do before it can divide to a new cell
    5·2 answers
  • How does the author introduce the idea of a hidden, prehistoric city in the jungle? *
    9·1 answer
  • Overconfidence tends to make it harder for people to make decisions. T/F the answer is FALSE
    14·2 answers
  • If Brainly wants us to succeed in life and get a good education, why do they make us pay to use this site?
    12·1 answer
  • Why did civilization begin in ancient Egypt?
    11·2 answers
  • What other impacts do complex civilizations have on the environment?
    13·1 answer
  • Which theory most clearly emphasizes the importance of homeostasis in motivation?
    13·1 answer
  • I need help with my work
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!