the rent for 2-bedroom apartments in las vegas rose from an average of $954 in june 2017 to $1,038 in june 2018. demand for 2-bedroom apartments in las vegas was rising during this period as well. this is hard to explain because the law of demand says that higher prices should lead to lower demand. do you agree or disagree? explain your answer.
Answers
Disagree, the law of demand states that there is an inverse relationship between the price and the quantity demanded and not the demand. The quantity demanded and the demand are two different things, the quantity demanded only changes with the changes in the price and the demand changes due to the non-price factors such as income, tastes and preferences, price of the other commodities etc. It is to be noted that, other things holding constant an increase in the demand can increase both the price and the quantity demanded of 2 bed room apartments . Here the demand has changed and that caused the price to increase.
Demand is the consumer's desire to purchase a specific good or provider. market demand is the demand for a specific good in the market. aggregate call for is the full call for for goods and offerings within the economy. demand and deliver suit determines the fee of the good or service.
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Related Questions
A consumer will be most likely to buy a product when Select one: a. The perceived value of the product far exceeds its price charged b. The perceived value of the product far exceeds its cost of production c. The value of product is perceived to be equivalent to the price d. The cost to produce the product is equivalent to its price
Answers
Answer:
a. The perceived value of the product far exceeds its price charged.
Explanation:
a. The perceived value of the product far exceeds its price charged.
Option "a" is correct because the consumer buys the commodity when the perceived value is more than the price. The perceived value can be determined by subtracting the perceived cost to the customer from the expected price. Therefore, when the consumer perceived value is more than the price then the consumer is most likely to buy the commodity.
ACTIVITY 2.
Identify and explain briefly the question below
1 What are the 4P's in marketing plan?Explain each
А__________
B__________
С__________
D__________
Answers
Answer:
A. Product
B. Price.
C. Place.
D. Promotion.
Explanation:
Marketing plan can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.
Generally, a marketing plan is made up of the four (4) Ps and these includes;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
Why is it important to maintain network relationships, even after you have found a job?
a. You never know when you are going to have to find a new job.
b. You can return the favor by helping network members with career advice and job leads.
You will remain informed and connected to people in your field.
d. All of the above
C.
Please select the best answer from the choices provided
ΟΑ
B
С
OD
Answers
Answer:
D (all of the above)
Explanation:
When a person has gotten a job, it is critical to keep network contacts since a person never know when he will need to locate a new career, and he will stay informed and connected to bin his sector.
What is network relationships?Relationship networking is another name for network relationships. It's all about making connections and finding ways for both sides to gain. Like the relationship, networking and partnerships intersect in numerous ways, resulting in economic potential.
Even when a person has gotten a job, it is critical to keep network contacts since you never know when you will need to locate a new career, and he will stay informed and connected to people in the sector.
With the utilization of network ties, an individual might refund the kindness by supplying career counseling and job metals to network members.
Therefore, option D is correct.
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?!PLEASE HELP IM CONFUSED?!
For this question, follow the format: 3-5 sentences for a summary, 3-5 for an application (how you would apply this knowledge), and a link to the article for the citation.
Find an article that talks about diversifying your assets. What are the major benefits? What are some drawbacks? Is there a mixthat is always better? Which mix would be right for you?
Answers
Having one's diversifying assets provide benefits such as reducing risk and increasing potential returns. Its potential drawbacks includes higher transaction costs and lower overall returns.
What is diversifying of assets?The method involves spread of investments across different asset classes, sectors, and geographies which can help reduce the risk of losing money in a single investment and increase potential returns.
For example, if one investment performs poorly, the gains from others may offset the losses. Additionally, diversification can provide exposure to different markets and opportunities for growth.
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34. The concern about international companies adopting SOX-type standards centers on? A. cost-benefit analysis. b. ethics issues. C. the governing authorities. d. comparability. 35. On January 1, 2011, Cat Power Company reported owner's equity of $470,000. During the year the owner withdrew cash of $20.000, At December 31 2011 the halance in owner's equity was $550,000. What amount of net income or net loss would the company report for 201 Net loss of $20,000 b. Net income of $60,000 Net income of $80,000 d. Net income of $100,000 a. R-E = NI C. 36. Which of the following applications of the rules of debit and credit is true? a. Increase rent expense with debits and the normal balance is a debit, b. Decrease accounts receivable with credits and the normal balance is a credit, C. Increase accounts payable with credits and the normal balance is a debit d. Decrease cash with debits and the normal balance is a credit. 37. The process of initially recording a business transaction is called: a. Sliding b. Posting c. Journalizing d. Transposing
Answers
Option a Cost benefit analysis, Option b Net income of $60,000, Option B. Decrease accounts receivable with credits and the normal balance is a credit and option c journalizing respectively.
34. The concern about international companies adopting SOX-type standards centers on cost-benefit analysis.
While there may be benefits to implementing these standards, the costs associated with compliance may outweigh those benefits, particularly for smaller companies. Option a is correct.
35. The company would report a net income of $60,000 for 2011.
This can be calculated by taking the beginning owner's equity of $470,000, adding any net income, and subtracting any owner withdrawals. So, $470,000 + NI - $20,000 = $550,000, which gives you NI = $60,000. Option b is correct.
36. B. Decrease accounts receivable with credits and the normal balance is a credit.
This follows the basic accounting principle that assets have a normal debit balance and are increased with debits, but when an asset is reduced (such as when a customer pays off a balance on their account), it is credited. Option b is correct.
37. The process of initially recording a business transaction is called journalizing.
This involves recording the transaction in a journal or general ledger, which provides a chronological record of all financial transactions for the business. Option c is correct answer.
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Marcel wants to open a car wash after graduating from high school. For several days, he observed the cars being washed at a local car wash and recorded the following information: Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 50 cars 45 cars 48 cars 26 cars 47 cars 55 cars What is the average number of cars washed each day? If the car wash were open only five days a week, how many cars might be washed per year? (Hint: There are 52 weeks in a year.)
Answers
The average number of cars washed each day is 45 cars and the total number of cars washed in a year is 11,700.
What is mean?In statistics, in addition to the mode and median, the mean is one of the measures of central tendency. Simply put, the mean is the average of the values in the given set. It indicates that values in a particular data set are distributed equally. The three most frequently employed measures of central tendency are the mean, median, and mode. The total values provided in a datasheet must be added, and the sum must be divided by the total number of values in order to determine the mean.
Given a table for car washing each day,
Day 1 Day 2 Day 3 Day 4 Day 5 Day 6
50 45 48 26 47 55
Average for cars washed each day,
Average = sum of cars washed/number of days
sum of cars washed = 50 + 45 + 48 +26 + 47 + 55
the sum of cars washed = 271
total days = 6
average = 271/6 = 45.1667
average car washed each day = 45
If the car wash were open only five days a week, how many cars might be washed per year,
total car washed in year = (number of days)(average car washed)(year week)
total car washed in year = 5 x 45 x 52
total car washed in year = 11,700
Hence average car washed each day is 45 and the total car washed in a year is 11,700.
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Your friend is the president of a club on campus, and she asks you to help her with the booth that her club is having for Club Rush. Before you say yes, you think about the costs of giving up your only afternoon off this week versus the benefits of helping out a friend. Your approach to weighing the pros and cons before offering your help is known as Group of answer choices
Answers
The approach to weighing the costs and benefits before deciding whether to help out a friend is known as a cost-benefit analysis.
This is a decision-making process that involves evaluating the potential costs and benefits of an action in order to determine whether the action is worth taking. In this case, the potential cost of giving up the afternoon off would be weighed against the potential benefits of helping out a friend, such as building a stronger friendship, gaining experience in event planning, and contributing to the success of the club's booth at Club Rush. By considering both the costs and benefits, one can make a more informed decision and determine whether the benefits outweigh the costs, or vice versa.
The approach of weighing the pros and cons before making a decision is called cost-benefit analysis. It is a common tool used in decision-making to determine the potential gains and losses of taking a particular action.
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TRUE / FALSE. the comparison of durham, nh and west, tx supports the idea that environmental risks often end up in communities with fewer educational and economic resources.
Answers
True. The comparison of Durham, NH and West, TX supports the idea that environmental risks often end up in communities with fewer educational and economic resources.
Durham, NH is a relatively affluent and educated community, while West, TX is a small town with lower levels of educational and economic resources. However, West, TX has a higher concentration of chemical plants and other industrial facilities that pose environmental risks. This disparity in environmental risks between the two communities is indicative of a broader pattern in which marginalized communities are disproportionately impacted by environmental hazards. This phenomenon is known as environmental injustice, and it highlights the need for more equitable environmental policies and practices.
Lower-income and less-educated communities are more likely to be exposed to environmental hazards. A detailed answer would include examples of how these communities may lack the resources and political influence to prevent or mitigate environmental risks, making them more vulnerable to such hazards.
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A question that is used as the focus of a PBL project that communicates the challenge you must solve is called...
a guess
the challenger
a driving question
the introduction
Answers
A question that is used as the focus of a PBL project that communicates the challenge you must solve is called: a driving question.
What is a Driving Question?A driving question is the focus of a project-based learning activity. A driving question is open-ended and serves as the focus of the project.
It is linked to the main aim of the project and the objective lessons that the teacher wants the students to benefit from.
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llus Patrick is selling a new hair product. He hopes to sell 10 bottles a month if he spends a one-time $100 on advertising. He is selling each bottle for $12. The product costs him $5.00 to make per bottle. What would the planned profit be after one year of sales?
A. $600 B. $740 C. $1050
Answers
Answer:
B. $740
Explanation:
In the given scenario we will be analysing the cost of production versus the revenue earned by Patrick. The difference between the two will give our profit
Total number of bottles produced a year = 10 * 12 = 120 bottles
Cost of production = Advertising + manufacturing cost
Cost of production = 100 + (120 * 5) = $700
Revenue = 120 * 12 = $1,440
Profit = 1,440 - 700 = $740
If the price of hamburger falls from $5 to $3, then the weekly market quantity demanded will:________
Answers
The weekly market quantity demanded will increase from $24 to $52 (option a).
What is the changed in the weekly market quantity demanded?The market quantity demanded is the total quantity of goods that are demanded by the consumers in the market. The quantity demanded increases when price declines.
Market quantity demanded when price is $5: $9 + $7 + $8 = $24
Market quantity demanded when price is $3: $21 + $15 + $16 = $52
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Select the examples of workers commonly found in Business, Management, and Administration work environments. Check all that apply.
C folds clothing in a department store.
S leads a meeting in a private conference room.
Jr works in a private office on a computer.
L sets up sound and camera equipment in a theater.
T sits at a desk and answers telephone calls and e-mails.
J measures distances on a construction site.
Answers
Answer:
2, 3, 5
Explanation: your welcome, love.
Every Business, Management, and Administration work employee are the persons work in the office do the paper work and mange all operational and financial work of the organization . Hence option C ; S ; T are correct options
Who is Management and Administration worker ?An administrative employee is someone who oversees other workers who are members of another trade union and who typically work in office administration, construction, security, or maintenance.
Employees who have a common interest with "supervisors" are included by this definition. A general manager, business manager, administrator, director, or other person who has operational or managerial control over, or who directly or indirectly manages, the day-to-day operations of a facility, organization, or agency is referred to as a managing employee.
Management is a methodical approach to controlling individuals and resources within an organization. The act of running the entire organization by a group of people is referred to as the administration.
Planning, coordinating, and coming up with solutions to streamline administrative systems and procedures appointing duties and office space, as well as hiring and training staff.
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which of the following types of attire typically consists of button-down shirt and dress pants for men and blouses and dress pants or skirt for women
Answers
Answer:
The answer is Business casual for
Explanation:
I just took the quiz
The type of attire that typically consists of a button-down shirt and dress pants for men and blouses and dress pants or skirts for women is business casual.
Which of the following types of attire typically consists of button-down shirt ?This dress code is commonly used in professional settings where a certain level of formality is expected but not as strict as a formal business attire.
Business casual attire for men usually involves a collared shirt such as a dress shirt, polo shirt, or a button-down shirt. Dress pants such as khakis, chinos, or wool trousers are appropriate, and leather shoes, such as loafers or dress shoes, are recommended. However, a tie is optional.
For women, business casual attire typically includes blouses or collared shirts, dress pants, or skirts. Skirts should be knee-length or longer, and pants should be tailored and not excessively tight or revealing. Shoes should be closed-toe and comfortable, such as loafers, flats, or heels with a moderate height.
Overall, business casual attire is a versatile dress code that balances professionalism with comfort and flexibility. It is commonly used in office settings, meetings, and other business-related events where a formal dress code is not required.
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In what ways did Skilling's involvement in unethical financial and accounting practices benefit stakeholders initially?
Answers
Answer:
The given case relates to the movie Enron. In the movie, Jeffrey Skilling engineered transactions and falsely boosted stock values, allowing various stakeholders to earn higher returns at first. Arthur Anderson, the corporation's auditor, was involved in the investment fraud. Thus, initially to increase the share price the defaulters boosted their earnings.
To finance a new laptop, emilie is offered a 4 year payment plan with low monthly payments of $33. 60. The cost of the laptop was $884. 39 including tax. Round to one decimal place, if necessary
Answers
Emilie is offered a 4-year payment plan with low monthly payments of $33.60 to finance a laptop that costs $884.39, including tax.
To calculate the total cost of the laptop including financing, we need to multiply the monthly payment by the number of months in the payment plan. Emilie has a 4-year payment plan, which is equivalent to 4 * 12 = 48 months.
The total cost of the laptop with financing is therefore 48 * $33.60 = $1612.80.
However, we are given that the cost of the laptop, including tax, is $884.39. This means that the financing cost is $1612.80 - $884.39 = $728.41.
Rounded to one decimal place, the financing cost is $728.4.
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need help with these question don't understand pls help
Answers
Answer:
7 years and A one year cd
Explanation:
if its not that one I'm srry
Which picture illustrates the result of constructive conflict?
a. Il
b. I
C. V
d.IV
Answers
How do gender stereotypes affect leadership perception and
organizational goals?
Answers
Gender stereotypes can have significant impacts on leadership perceptions and organizational goals.
First, gender stereotypes limit opportunities for women and minorities to hold leadership positions. People assume that men are better leaders, so women often get passed over for promotions. Second, stereotypes can impact how people perceive the effectiveness of leaders. Women, for example, are often seen as less competent than men, even when they perform at the same level. This can negatively affect how people respond to their leadership style.Third, gender stereotypes can limit organizational goals by creating a homogenous workforce. Companies that don't prioritize diversity and inclusion may struggle to attract a wide range of candidates.
This can prevent organizations from achieving goals like innovation and growth. Ultimately, gender stereotypes can limit potential and negatively impact organizations.
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The principle that the cost of something is equal to what is sacrificed to get it is known as the:
The group chooses the answer
marginal principle.
principle of opportunity cost.
principle of diminishing returns.
reality principle
Answers
The principle that the cost of something is equal to what is sacrificed to get it is known as the "principle of opportunity cost."
The principle of opportunity cost is a fundamental concept in economics that refers to the fact that whenever a decision is made to pursue one option, the potential benefits of the other options that were not chosen are foregone. Therefore, the cost of any decision is not only the explicit monetary cost of that decision but also the implicit cost of the foregone opportunities.
In other words, opportunity cost measures the trade-offs involved in any decision and reflects the value of the best alternative forgone. By considering opportunity cost, individuals, businesses, and governments can make more informed decisions that maximize their benefits and minimize their losses.
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ad hominem
red herring
false dilemma
false analogy
Excerpt
Logical
Fallacy
Our current mayor has been in politics for over 25 years. It is time
that we have a younger mayor, so we can have fresh ideas to make our city better.
is true that the city council id approve a tax for a new road
construction project. However, our city needs to attract more businesses to stabilize
our economy
bring to work instead of using public transportation is the net
eating everything on your plate it wastes veueble resources
Answers
Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common tasks performed by Financial Analysts? Check all that apply. drawing charts and graphs to illustrate reports comparing insurance policies to determine the best choice informing investment decisions by analyzing financial information investigating cases of fraud helping families create realistic budgets
Answers
Answer:
A and C
Explanation:
BECAUSE I AM BIG BRAIN
Answer:
create client presentations of plan details
advise clients on aspects of capitalization, such as amounts, sources, or timing
Explanation:
Selima wants her team to fully understand all the responsibilities that the team has. She often moves individuals from one job to the next so that team members have a complete picture of the unit. Selima is practicing
Answers
In this situation, Selina Martinez is using the intervention of job rotation. Job rotation involves moving employees from one job to another within the same company or department.
This allows employees to gain a broader understanding of the corporation's overall functioning, and also develop a wider set of relevant skills. Selina's approach of rotating her team members to different job roles is a way of ensuring that her team fully understands their job duties and responsibilities, and also ensures that they are more versatile in their abilities to tackle different tasks. Furthermore, job rotation can also improve job satisfaction and employee morale as it provides opportunities for new challenges and prevents boredom. In addition, it helps employees to recognize their strengths and weaknesses in different areas of the corporation. Overall, Selina's approach of using job rotation as an intervention demonstrates the importance of fostering a learning culture within a corporation, and encouraging employees to develop a wider range of skills and knowledge that can be beneficial for both themselves and the corporation.
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complete question:Selina Martinez, a general manager at the Starbright Corporation, wants her team to fully understand all of their job duties and responsibilities. To support this, she often moves individuals from one job to another so that team members have a complete picture of the overall functioning of the unit, and they develop a broader set of relevant skills. Selina is using which intervention in this situation?
job involvement
job enrichment
job engagement
job enlargement
job rotation
On 3/1/X1 Landlord Co. received a $36,000 cash payment from Renter Co. to pay for a total of 17 months, starting in the current month. How much revenue should Landlord Co. recognize in the year ending 12/31/X1? Round your answer to the nearest penny.
(anyone know accounting?)
Answers
Answer:
revenue recognized is $21,176
Explanation:
The computation of the revenue recognized is shown below:
= received amount for 17 months × given months ÷ total number of months
= $36,000 × 10 months ÷ 17 months
= $21,176
The 10 month is calculated from March 1 to December 31
Hence, revenue recognized is $21,176
A practical guide to quantitative finance interviews is a resource for: a) Job seekers in the field of quantitative finance b) Those interested in learning about quantitative finance c) Those seeking interview tips for any field d) Those looking for finance-related news and analysis
Answers
A practical guide to quantitative finance interviews is a resource for job seekers in the field of quantitative finance. It provides guidance and advice on preparing for and succeeding in quantitative finance interviews.
The book "A Practical Guide to Quantitative Finance Interviews" by Xinfeng Zhou provides guidance on preparing for quantitative finance interviews. It covers a wide range of topics, including probability theory, statistics, calculus, linear algebra, financial instruments, and risk management.
The book is geared towards candidates applying for quantitative finance positions, such as quantitative analysts, risk managers, and data scientists, but it can also be useful for individuals interested in learning about the field. The book includes interview questions and solutions, as well as advice on how to approach different types of questions. The author, Xinfeng Zhou, is a former quantitative analyst and risk manager with experience working at leading financial institutions, including Goldman Sachs and Morgan Stanley.
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How does American style differ from Japanese style? Japanese style is identified as casually elegant, often using very luxurious fabrics while American style is noted for being chic, sophisticated, and smart. Japanese style is identified as casually elegant, often using very luxurious fabrics while American style is noted for being chic, sophisticated, and smart. American style is identified as casual, athletic, and clean-cut while Japanese style is noted for having complicated cutting and structure. American style is identified as casual, athletic, and clean-cut while Japanese style is noted for having complicated cutting and structure. American style is identified as casually elegant, often using very luxurious fabrics while Japanese style is noted for being chic, sophisticated, and smart. American style is identified as casually elegant, often using very luxurious fabrics while Japanese style is noted for being chic, sophisticated, and smart. Japanese style is identified as casual, athletic, and clean-cut while American style is noted for having complicated cutting and structure.
Answers
Answer:
American style is identified as casual, and ethic and clean cut while japanese style is considered poorly and has been noted for having complicated cutting and structure
Explantion:
got it right on Edge 2022
what is the approximate frequency of interglacial periods?
Answers
The approximate frequency of interglacial periods is about 100,000 years. Interglacial periods occur approximately every 10,000–100,000 years. The exact frequency depends on several factors, including changes in Earth's orbit and the orientation of its axis.
The Milankovitch Cycles, which are periodic changes in the Earth's orbit, are the primary driver of these interglacial periods. The period of the Milankovitch cycle is roughly 100,000 years.
An interglacial period is a geological term for a warm period that takes place between two ice ages in the Earth's geological history. These periods of glacial advance and retreat are caused by subtle shifts in Earth's orbit around the sun, which affect the amount of sunlight different regions receive at different times of the year.
The approximate frequency of interglacial periods is about 100,000 years. The current interglacial period, which began roughly 12,000 years ago, is known as the Holocene epoch.
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2. Where does Steve Jobs’ power and influence come from?
Answers
Answer:
working with apple and creating the mac
Explanation:
by which distribution system is more than 90 percent of u.s. coal shipped? railroads trucks waterways pipelines none of these
Answers
Railroads distribution system is more than 90 percent of u.s. coal shipped.
Rail transport is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prepared flat surface, rail vehicles are directionally guided by the tracks on which they run.
Where is coal shipped from in the US?Exports from Norfolk, which ships more coal abroad than any other U.S. port, increased 5.8% year over year and jumped 6.4% compared to the first quarter. The ports in Buffalo, N.Y., and Cleveland booked significant increases quarter over quarter, soaring 254.6% and 419.3%, respectively.
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Pretend you are President of the United States. The Citizens and the economy of the USA need financial assistance to get back on their feet. List and describe three fiscal Policies you would initiate (describe each policy in 3 sentences):
Answers
Assuming i am the President of U.S. and the country needs a financial assistance to get back on their feet. The most likely fiscal Policies we would initiate are the:
contractionary fiscal policyexpansionary fiscal policyWhat do we call a Fiscal policy?In economics, a fiscal policy refers to a governmental decision to increase or decrease taxation and spending. Most time, a Fiscal and monetary policy are often used together to influence the economy. But the fiscal policy can affect a company’s growth, hiring ability and taxes.
We have 3 types of fiscal policy which includes a neutral, expansionary, and contractionary fiscal policy. The neutral policy is one where government takes no steps to provide economic support because it feels the economy is healthy and stable, the expansionary fiscal policy mainly involves increasing spending or cutting taxes to prevent or end a recession or depression and the contractionary fiscal policy involves cutting spending or raising taxes to slow down unsustainable economic growth.
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Type the correct answer in the box. Spell all words correctly. The demand curve has what kind of slope?
Answers
Answer:
Usually slopes downwards
Explanation:
in a negative association