1. Explain the income effect.
define income effect

Answers

Answer 1

Answer:

The income effect is the change in the consumption of goods based on income. This means consumers will generally spend more if they experience an increase in income, and they may spend less if their income drops. ... The marginal propensity to consume explains how consumers spend based on income.


Related Questions

What happens at Cole’s Hill in Plymouth, Massachusetts every Thanksgiving?

Answers

Answer:

The National Day of Mourning protest

Explanation:

The National Day of Mourning protest is held annually at Cole's Hill and is attended by several hundred participants.

Answer: National Day of Mourning

Explanation: The National Day of Mourning protest is held annually at Cole's Hill and is attended by several hundred participants.

Scenario: In one year, a bank pays 2% interest on a $1,000 deposit. The same year, the bank charges 12% interest on a $1,000 loan.
How much profit does the bank make at the end of the year in this scenario?
$100
$120
$140
$2,000

Answers

Answer:

A. $100 is correct

Explanation:

Just got it right on Edge 2021

Answer:

its a

Explanation:

its right on edge

WHEN DID THE BRITISH EMPIRE GAIN INDEPENDENCE?

Answers

Answer:in 1931

Explanation:

Air travels in patterns around the earth is called, global winds, ocean winds,local winds, or blowing winds

Answers

Answer:

Global Winds

Explanation:

This is called global winds because it circles the globe. The rest of the answers here would not fit anyways.

Answer:

Global winds

Explanation:

The rest of the answers don't make sense as a name for them.

List the three branches of the U.S. government, explain their primary roles and their special powers ( in a paragrph)

Answers

Answer:

Legislative-Makes laws, to represent the people, legislate, and approve the Government's request for money. (Congress, comprised of the House of Representatives and Senate)

Executive -to enforce the nation's laws. also leads the country's relations with foreign nations, Carries out laws (president, vice president, Cabinet, most federal agencies)

Judicial - Evaluates laws, administers justice according to law(Supreme Court and other courts)

President-The president leads the country. He or she is the head of state, leader of the federal government, and Commander in Chief of the United States armed forces. The president serves a four-year term and can be elected no more than two times.

Vice President- The vice president supports the president. If the president is unable to serve, the vice president becomes president. The vice president can be elected and serve an unlimited number of four-year terms as vice president, even under a different president.

The Cabinet- Cabinet members serve as advisors to the president. They include the vice president, heads of executive departments, and other high-ranking government officials. Cabinet members are nominated by the president and must be approved by a simple majority of the Senate—51 votes if all 100 Senators vote.

What was the purpose of the slave codes?

Answers

Answer:

slave codes were a set of discriminatory rules enacted to control enslaved people of African descent and to protect white people from the danger of a slave rebellion.

Explanation:

i know

Why did Japan enter the Sino-Japanese War in 1894?

to gain influence in Russia
to gain political influence in Korea
to gain territory in China
to gain control over Manchuria

Answers

Answer:

to get territory in China

Explanation:

gamsahamnida

have a great day ahead

I need help with give brainliest.

Answers

Answer:

The Name of the Egyptian Sculpture is Khafre Enthroned. It was believed that statues like this one extended the afterlife of the dead. So this sculpture symbolizes the life force that accompanied a person with a kind of other-self. In Short Terms, The sculpture symbolizes something that was believed to make thee afterlife longer.

Explanation:

The prevalence of _____ thinking encouraged slavery to develop in the South.

Select the best answer from the choices provided.
A.
Puritan
B.
industrial
C.
aristocratic
D.
egalitarian

Answers

I’m pretty sure the answer is industrial so B

3. Ito ay tumutukoy sa pagkalutas ng suliranin sa kuwento. A. Banghay B. Tagpuan C Resolusyon D. Wakas na Pangyayari​

Answers

Answer:

B. Tagpuan

Explanation:

Ito ay tumutukoy sa pagkalutas ng suliranin sa kuwento Tagpuan

Who first discovered America?

Answers

Answer:

Explanation:

Cristóbal Colón

PLs answer I rlly need the answer

Answers

Answer:

b)

Kindly see the picture I have solved it as required

What do you think was Bryan purpose in writing and delivering this speech

Answers

Answer:

currency reform was necessary.

Explanation:

Read this excerpt from the US Constitution. Which portion of the text reflects the Enlightenment idea of popular sovereignty? We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America. Article. I. Section. 1. All legislative powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives. … Amendment I Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

Answers

Answer:

The popular sovereignty refers to the principle that the governments rule and derive their power from the consent of the people that are governed. In other words that the governments are of the people for the people. This passage reflects that idea as it is the people of the United States that established the constitution.

Explanation:

What is your name?Give answer ​

Answers

Explanation:

hi ☺✌

My name is Nira

have a great day and God bless you always

The name is han

Explanation:

Thank you for the point, you are a great man

May you have what you wish to be true

I bless you

What events helped lead to the enlightenment?

Answers

Answer:

On the surface, the most apparent cause of the Enlightenment was the Thirty Years' War. This horribly destructive war, which lasted from 1618 to 1648, compelled German writers to pen harsh criticisms regarding the ideas of nationalism and warfare.

Who was the first president Hint: he was black

Answers

Answer:

George Washington

Explanation:

George Washington isn't black, but in plays and musicals, the actors themselves are black.

Fun Fact!

-George Washington's hair isn't actually white, he's a redhead.

Hope this helps :)

What is considered an important turning point in the Revolutionary War?

Answers

Answer:

The Battle of Saratoga was an important turning point in favor of the revolutionaries.

Explanation:

BIBLE QUESTION

The following outline could be used for the book of
1. Philippians
2. Galatians
3. Ephesians


I. Joy in living
II. Joy in service
III. Joy in fellowship
IV. Joy in rewards

Answers

3. I think I’m not sure

ephesians i think it is

National Assembly essay

Answers

Answer:

In politics, a national assembly is either a unicameral legislature, the lower house of a bicameral legislature, or both houses of a bicameral legislature together The National Assembly played a major role in the French Revolution. It represented the common people of France (also called the Third Estate) and demanded that the king make economic reforms to insure that the people had food to eat. The main aim of the National Assembly was to form a constitutional monarchy and to curb the powers of the church and nobility. The achievements of the National Assembly included the abolition of feudalism, serfdom, and class privileges. The National Assembly also passed the Declaration of the Rights of Man and Citizen, which became the founding document of the French Revolution

Answer:

(hope this helps can I pls have brainlist (crown)☺️)

Explanation:

The National Constituent Assembly alleviated some of France's short-term difficulties, but also sparked widespread anger owing to its failure to address long-term issues that had been undermining the country's economy, politics, and social fabric.

Some sections of society, such as the bourgeoisie, peasants who benefited from the dissolution of the feudal system, and some members of the first and second estates, were pleased with the Constituent Assembly's changes. Many other people and organisations, such as King Louis XVI, disagree.

When the feudal system was abolished in the 1780s, the financial difficulties did not instantly disappear. Indeed, France's financial condition was deteriorating, with bread and grain prices reaching all-time highs. The Constituent Assembly, anxious to fix France's economic problems, introduced the Assignats, a new currency.

Each Assignat was effectively a claim of ownership to a piece of land, a form of government collateral. The majority of the land had previously been owned by the Church, but under the Civil Constitution of the Clergy, it was lost to the State.

The National Constituent Assembly alleviated some of France's short-term difficulties, but also sparked widespread anger owing to its failure to address long-term issues that had been undermining the country's economy, politics, and social fabric.

Some sections of society, such as the bourgeoisie, peasants who benefited from the dissolution of the feudal system, and some members of the first and second estates, were pleased with the Constituent Assembly's changes.

Read the scenario.

Which task involves civic engagement?

• work on science project

• do independent reading

practice shooting free throws

• sign up for student government

O science project

O independent reading

O shooting free throws

O student government

Answers

Answer sign up for student government

was henry dawes a good or bad person

Answers

Answer:

bad

Explanation:

he was responsible for the dawes act which had a negative effect on American Indians, as it ended their communal holding of property, by which they had ensured that everyone had a home and a place in the tribe. Land owned by Indians decreased from 138 million acres in 1887 to 48 million acres in 1934.

Answer:

Henry Dawes being a good or bad person is relative based off of where you stand politically.

Explanation: if this is a school assignment question i would put whichever you think sense good and bad is based on your opinion

Why did Washington form the foreign policy

Answers

Answer:

Washington's address argued for a careful foreign policy of friendly neutrality that would avoid creating implacable enemies or international friendships of dubious value, nor entangle the United States in foreign alliances.

Explanation:

In a mixed market economy, property owned by the government

can be used by many citizens.
can cause economic inequality.
can help promote personal wealth.
can be used for private businesses.

Answers

Answer:

A

Explanation:

cause it is

In a mixed market economy, property owned by the government can be used for private businesses and by many citizens, but it may also lead to economic inequality depending on the government's policies and regulations. Therefore, option D is correct.

What is the mixed market economy?

A mixed market economy is an economic system that combines elements of a free market system and government intervention. In this system, the government plays a role in regulating economic activities, promoting social welfare, and providing public goods and services, while private individuals and businesses also have the freedom to engage in economic activities and make profits.

The government may use a variety of tools, such as taxation, subsidies, and regulations, to shape economic behavior and promote specific social and economic goals.

Mixed market economies may vary in their level of government intervention and regulation, depending on factors such as political ideology, historical context, and economic conditions. Examples of mixed market economies include the United States, Canada, and many European countries.

Learn more about mixed market economy here:

https://brainly.com/question/12350655

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Imagine you could go back in time and serve in the Second Continental
Congress in 1776 until the end of the war. Now having background
knowledge about the conflict, what are some things you might encourage
other delegates to change about this time period? Make sure to include
what you would change regarding the Olive Branch Petition, the Declaration of Independence, supplying soldiers, getting other European countries involved, and the use of African American and Native American
as soldiers. Your response needs to a MINIMUM of 5 GOOD sentences. *

PLEASE HELP

Answers

you got this you can do it yourself

Read the question in the picture and explain which side he on and why

Answers

Explanation:

1. his thoughts dont really line up with that of the republican party. he aligns up with the progressive part most often they don't really favor taxes being on the wealthy individuals and corporations. other than the last part its seems to be republican ideal beliefs

2. I think he might be more of a liberal than a conservative. one thing i found was that liberals tend to want more government regulation in a market than that of a conservative."Liberal : A market system in which government regulates the economy is best.  Government must protect citizens from the greed of big business.  Unlike the private sector, the government is motivated by public interest.  Government regulation in all areas of the economy is needed to level the playing field."

Describe the pluses and minuses of the Treaty of Versailles.

Answers

Answer:

PROS-

Brought peace to Europe.

Lead to set up of League of Nations.

Some people thought it was fair because the war caused so much death and damage.

Germany was too weak to attack in the near future.

CONS

Left Germany with bad feelings towards America, Britain and France.

Wilson had too much faith that the League of Nations would solve the worlds problems, but the US wouldn't join which.

Germany could not afford to pay so the treaty was unrealistic.

According to King, the founders who signed the Constitution wrote African Americans "a
bad check.” What does he mean

Answers

Answer:

That African Americans should have been assigned to more rights like white men, and not have limited rights. ... King dreams that white and black children will hold hands, and have peace between the two.

Why was the completion of the Suez Canal cause
for international celebration?

Answers

Why was the completion of the Suez Canal cause for international celebration? It allowed Britain quicker access to its colonies in Asia and Africa. ... The government was unable to control the situation sp Russia and Britain took over the country.

pangangailangan ng pangunahing tauhan sa isang bagay o pagkakakita ng suliranin o problema.​

Answers

Answer:

Explanation:

which language is this ..

. soorry

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