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How does a reduction in the interest rate affect aggregate demand in a closed economy?

Aggregate demand in the economy is made up of a number of components. Firstly, it consists of 'Consumption' expenditure, which is all spending by households on goods and services within the economy - anythin...
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Answered by Gillian W. • Economics tutor
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What is a meta analysis and how is it useful?

A meta analysis is a paper that rather than conducting independent research analyses the conclusions of several other papers. This is particularly useful to uncover tendencies within the field of psychology ...
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Answered by Zinet R. • Psychology tutor
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What does Decartes mean with his statement 'I think therefore I am'?

Previously in his meditations Decartes attempts to question everything he takes to be given as true through methodological skepticism. He finds that everything in the world around him can be questioned, but ...
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Answered by Zinet R. • Philosophy tutor
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A t-shirt is in the sale section of a store. It has 20% off and the new sale price is £12. What was the original price of the t-shirt?

Original Price x Percentage Multiplier = New Price Percentage Multiplier = (100-20)/100 = 0.8 OP x 0.8 = £12 OP = £12/0.8 = £15
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Answered by Katy B. • Maths tutor
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What is Kants kategorical imperative?

Kant's kategorical imperative is a maxim - a rule - which states that all your actions must be such that they could creature the foundation for a law about how everyone ought to act in similar situations. In...
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Answered by Zinet R. • Philosophy tutor
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