Answer:
1. Keynesian economists think that <u>_Income</u> is the key determinant of consumption and spending.
2. Classical economists think that the higher the _interest rates____, the more people will save, which means that they will consume less.
3. A person's _<u>expectations </u>about how much income he/she will earn in the future as well as future prices could shape how much he/she spends and saves today.
4. The more _<u>wealth</u> the person has, the less current consumption he/she undertakes.
5. A person's total income can be divided into three components: consumption, savings, and <u>household debt</u>.
6. Savings, which is total income minus consumption and taxes, can be used to create more __<u>taxes</u>.
Answer:
franchisor
Explanation:
Franchise is a license consisting of a contractual arrangement between a parent company and another, that allows individuals or an organization access to its knowledge, processes, trademarks in order to provide a service.
One of the main advantages of a franchise is that, franchisers such as McDonald do not require additional capital and development expenses to have their businesses being situated in a foreign market or country, as they only required to issue licenses to franchisors who are interested in being part of their business by paying a fee.
For instance, Mr Biggs could give the authority to an individual or group of people which would enable them to do the same business in another geographical location.
Hence, franchise is a license that allows individuals or group of people knowledge, processes, trademarks to provide a service.
The headquarters, seller, and supplier of the service or method of operation of a franchise is called the franchisor.
Answer:
The correct answer is D) An increase in market demand from D0 to D1
Explanation:
In a competitive market, there are enough firms so that no firm can influence prices significantly.
In such conditions, and holding all other variables constant, a increase in market price from P1 to P2 can only result from an increase in demand.
If more consumers want a product, and supply remains the same, the price of it will rise.
Answer:
what should be the amount of the gross levy for property taxes?
$7000000
Explanation:
Property tax is the tax liability imposed on homeowners for owning real estate.
6720000=gross Levy-(0,4x) gross Levi
6720000=(1-0,4) Gross levy
gross Levy=6720000÷0,96
Gross Levy=7000000
Answer:
marketing research
Explanation:
Marketing research -
It refers to the method of collecting , interpreting and analyzing the information about the goods and services in the market , is referred to as the marketing research .
All information about the past of the products is considered , the target of the company is also considered along .
The method helps for the prediction of the future of the company .
Hence , from the given scenario of the question ,
The correct term is marketing research .