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The growth of technology has had little effect on the amount of goods and services produced in other countries?
False
What is the Difference between income effect and substitution effect?
Income effect-change in the amount that consumers will buy because their income changed.substitution effect-change in the amount that consumers will buy because they purchase goods instead.substitution effect the change in demand for a good when the relative price between a good and its substitute changes. income effect the change in demand for a good when the income of the consumer change.
Why does an increase in the price level lead to the real-balances effect?
An increase in the price level reduces the purchasing power of money, meaning that consumers can buy fewer goods and services with the same amount of money. This decline in real wealth can lead to decreased consumer spending, as individuals feel poorer. Consequently, the aggregate demand for goods and services decreases, illustrating the real-balances effect, where higher price levels result in lower real balances and reduced consumption.
What effect do tariffs have on consumers?
A tariff raises the price of an imported good above the world price of that good by the amount of the tariff. Domestic suppliers are then able to raise the price of their good to the price of the imported good. The rise in price causes some buyers to exit the market, and by reducing the domestic quantity demanded the consumer surplus decreases, creating a deadweight loss.
What is net refrigeration effect?
The net refrigeration effect is the amount of heat each pound of refrigerant absorbs from the refrigerated space. This heat produces useful cooling.
The growth of technology has had little effect on the amount of goods and services produced in other countries?
False
What effect does sickle cells have on the body?
Red blood cells are improperly formed, and due to this they can not carry as much oxygen. Which means, the body (mainly suffered by Black - African decendents) does not have the right amount of oxygen supplied.
What effect does unemployment have on people's ability to access services?
to access services
Effect of a car without a spring coil?
without the spring coil the electricity will not be supplied to the ignition of the car.
What is the mission statement of Easy Jet?
The mission statement of easy jet is ... To provide our customers with safe, good value, point-to-point air services. To effect and to offer a consistent and reliable product and fares appealing to leisure and business markets on a range of European routes. To achieve this we will develop our people and establish lasting relationships with our suppliers The mission statement of easy jet is ... To provide our customers with safe, good value, point-to-point air services. To effect and to offer a consistent and reliable product and fares appealing to leisure and business markets on a range of European routes. To achieve this we will develop our people and establish lasting relationships with our suppliers
If a firm uses just in time inventory system what effect is that likely to have on the number and location of suppliers?
Companies using a just-in-time inventory system will need to have their vendors close by. They will also need to have a lot of vendors and suppliers.
What is an effect of the government instituting a price of ceiling of 2.00 a gallon of gasoline?
Quantity demanded will be more than the quantity supplied.
What was the effect of the large profits made by merchants as military suppliers for imperial wars?
Increased wealth of the eighteenth century colonial elite
What is likely effect of competition among Internet service providers on the price of services?
The price of services will decrease.
Is the enhanced greenhouse effect taking place now?
Yes. All peer reviewed and reputable scientists and scientific journals as well as the real time data supplied by scientific measurement supports the ongoing effect of the enhanced greenhouse effect.
What effect color and amount of urine?
bayag
Does the amount of sunlight effect your soil?
yes
