In the question above, Walt asks for 10 gallons of gas while Jessie asks for $10 worth of gas. In both the cases, the drivers need gas but Walt is concerned about the quantity of gas and Jessie is concerned about the price of the gas.
In case of Walt, the price elasticity of demand is zero because he want 10 gallons of gas regardless of the price of gas per gallon. While in case of Jessie, the price elasticity of demand is one because he wants to buy gas worth $10, no matter what is the price of the gas per gallon.
Answer:
c. Expenditure for unemployment compensation increasing as economic growth slows
Explanation:
Automated Fiscal Policy is the name given to government actions designed to adjust its spending levels, thus monitoring and influencing a country's economy. In the various economics manuals, fiscal policy is closely linked to monetary policy, and it can be stated, in quite simplistic terms, that the two economic policies are like sisters, since both seek to influence one aspect of the economy: monetary policy will change the currency behavior, and fiscal policy will operate against state spending. Every government will invariably use both policies in various combinations and ranks in an effort to guide a country's economic goals.
Within the options given in the question, an example of an automatic tax policy is "C. expenditure for unemployment compensation increasing as economic growth slows. "
<span>When buyers purchase stock at a certain price, and it falls, and then rises back up to its original purchased price, this is called the weak- form EMH. The weak form EMH states that market and securities are random in nature and are not influenced by past events in stock levels.</span>
Answer:
In 1980
Explanation:
Year Salary Percentage Salary Increase CPI Increase
1970 $12,000 - -
1980 $24,000 100 50
1990 $36,000 50 83.3
As can be seen in the table, the Professor's salary increase from 1970 to 1980 was twice as much as the CPI increase during the same period.
On the contrary, his salary increase from 1980 to 1990 was significantly less than the CPI increase during the same period.
Therefore, the professor's salary was highest in 1980.
Answer:
Dispatch/Deployment
Explanation:
Dispatch/Deployment is the 11th management characteristic of NIMS and relates to when <u>resources should be deployed only when requested or when dispatched by an appropriate authority</u> through established resource management systems.
In the scenario we see that the supervisor directed the staff to checkout only when requested, secondly <u>he did so with an appropriate authority</u> because his own boss - the American Red Cross Disaster Operations Supervisor <u>has directed you to begin re-assigning shelter staff personnel</u>
