The federal government announced significant tax cuts, enabling people to keep a greater portion of their income. What will happen to the demand curve in this situation?They will find a substitute for the product and purchase that instead. They will initially increase their purchasing and stock up on the product. They will continue to purchase the product and decrease other purchases if necessary. They will stop purchasing the product and wait until the price comes back down.

Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?

Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?