Respond to questions regarding simple supply and demand models. (Vocab questions and graphical model interpretation. a. Explain the law of demand.
b. Explain the law of supply.
c. What are the determinants of demand?
d. Explain the difference between normal and inferior goods.
e. What is a price ceiling and what is the natural outcome of a price ceiling?
f. What is a price floor and what is the natural outcome of a price floor?
g. Define the law of diminishing marginal utility.

the answer is a. 1, 0

answer: all of the above

identity theft, is stealing other person's identity to commit fraud or other crimes. identities, are stolen through hi tech and low tech methods and all these can result in the consequences mentioned above. because a criminal when has stolen your identity, can get a loan under your name which will increase a debt burden on the victim, it will also make it harder for the victim to get a loan in the future due to poor credit history and as a result may face loss of a job. there will be a loss of money since the criminal can even rent or buy an apartment under your name.

it will give you a job and will make you a better person in the future! : )