Answer:
preferential trade agreement
Explanation:
This agreement is known as a preferential trade agreement. It is called this because it tends to make it easier for specific goods to be traded but only to the countries that are part of the group and/or agreement. This agreement also makes it harder for countries that are not part of the agreement to be able to trade with the countries that are in order to maintain the countries within the agreement trading with each other.
Answer:
See below.
Explanation:
For a)
The money multiplier or the credit multiplier can be calculated as follows,
Money multiplier = 1 / reserve ratio
Multiplier = 1 / 0.12 = 8.33 times
For b)
For a negative $80 million change by the Fed there will be a total change in the economy of 80 * 8.33 = $666.4 million.
A -80 million change will contract money supply by $666.4 million in the economy.
For c)
This can be calculated by dividing the target by the money multiplier.
So to achieve a change of $500m the Fed will expand the money supply by
= 500 / 8.33 = $60.02m.
Hope that helps.
MUx / MUy = Px / Py is the right answer
The correct option is b) 1.5-4. The best estimate for personal distance in Western cultures is around 1.5 to 4 feet.
<h3>What is meant by personal distance?</h3>
The term personal distance is often used to describe the physical space distance between communicating parties in western cultures. For example, when people are talking in a group setting or in a one-on-one setting, the physical distance between them that is viewed as appropriate makes up for the personal distance range.
You can learn more about personal distance from a related question here https://brainly.in/question/5605173
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