Answer:
1. Continents get the products they need
2. Continents can earn profit from selling products to other continents
3. The continents arent led to starving
I'm not sure if this is very critical, but it's the best I can think of.
Answer:
Option 2
Explanation:
b. False
it is true i picked flase first and got it wrong TRUE IS the correct anwser.
Answer:
T
Explanation:
Answer:
The correct answer is That portion of total consumption that is independent of the level of income.
Explanation:
Autonomous consumption refers to the goods and/or services that a person needs to purchase, even when he has no disposable income. This expenditure is independent of the level of income because, even if a person has no income at all, he still needs to pay for certain goods to survive, such as food or health services.
Answer:
here are all of the answers to this quick check although I got a 3/5 I can see the answers for it
Explanation:
1.An investor sells a bond on the secondary market below the price she paid for it.
2. stock market.
3.A low interest rate encourages people to borrow because interest rates are paid to savers by borrowers, so a low interest rate means a low opportunity cost for borrowing. This IS generally confused for the other option like this SAVING anyways.
4. Autonomous consumption is the amount that a person must spend on basic needs (such as food and housing) regardless of his or her income. I had a tough time with this because others have honors econ and I don't.
5. $40,000 I got this one confused because the LOAN was the principal of loan not the $15,000 interest raise. hope this helps :)