Answer:
B it occurs where the market demand and supply curves intersect.
Explanation:
The equilibrium price is the current market price, as determined by the forces of demand and supply. It reflects the price at which buyers and sellers agree for a specified quantity of a product in a given time.
In a graph containing both the demand and supply curve, the equilibrium price is the two curves' intersection. At this price, there will be excess or short supply in the market.
<span>Basic : 1. Apply Soap Foam 2. Rubbing with Mitter curtain & Scrubbers 3. Rinsing
Extra Cleaning Program: 1. Pre-Soaking. 2. Rubbing with Mitter curtain & Scrubbers. 3. Apply Soap Foam. 4. Rubbing with Mitter curtain & Scrubbers. 5. Rinsing
Platinum Program: 1. Pre-Soaking. 2. Rubbing with Mitter curtain & Scrubbers. 3. Apply Soap Foam. 4. Rubbing with Mitter curtain & Scrubbers. 5. Rinsing. 6. Apply Wax. 7. Rubbing with Mitter curtain & Scrubbers. 8. Rinsing. 9. Dryer. 10. Repel Shield. 11. Tire Shine.</span>
Answer: Option (A) is correct.
Explanation:
When there is an increase in both the components of aggregate demand i.e. government spending and taxes then this will most likely to offset the fiscal policy actions.
If there is an increase in the taxes, as a result aggregate demand decreases because of lower disposable income. This policy action is known as Contractionary fiscal policy.
Whereas, if there is an increase in the Government spending, as a result aggregate demand increases. This policy action is known as Expansionary fiscal policy.
But this will also largely depend upon the tax multiplier and government spending multiplier.