Answer:That relationship suggests that money is a normal good: as income increases, people demand more money at each interest rate, and as income falls, they demand less.
Explanation:
Answer:
Idea generation
Explanation:
This is the process of developing , creating and communicating ideas which are abstract concrete or visual. This process involves constructing the idea,innvoting it, developing the process, and bringing it to reality.
Answer:
Explanation:
Nokia is trading in US at $ 7.18 per share and at € 6.08 on Helsinki stock exchange.
Law of one price - Price of Nokia must be the same in both the countries. So current exchange rate is $7.18/€6.08 = $1.18/€
Answer:
Explanation:
Some people need to drive to work in far places, and they can not afford to take public transportation every day. Others may be in High School and want a car to go to school, but they will be fine without having one.
