Вопрос № 135609 - Английский язык

Total spending declines as income falls and ______ rises.

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Demand
1. One of the most important building blocks of economic analysis is the concept of demand. When economists refer to demand, they usually have in mind not just a single quantity demanded, but what is called a demand curve. A demand curve traces the quantity of a good or service that is demanded at successively different prices.
2. The most famous law in economics, and the one that economists are most sure of, is the law of demand. On this law is built almost the whole edifice of economics. The law of demand states that when the price of a good rises, the amount demanded falls, and when the price falls, the amount demanded rises.
3. It is not just price that affects the quantity demanded. Income affects it too. As real income rises, people buy more of some goods (which economists call normal goods) and less of what are called inferior goods. Urban mass transit and railroad transportation are classic examples of inferior goods. That is why the usage of both of these modes of travel declined so dramatically as postwar incomes were rising and more people could afford automobiles.
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When real income of population rises …

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What is it compulsory for children?
It is compulsory for children to have an education, but you may find it surprising that the teaching doesn’t always have to take place in the school building. As long as they have the necessary paper qualifications, parents themselves can teach their children at home. They may make the decision to do this because they are unhappy with a particular school, or because they feel that they have more knowledge of their own child’s needs than teachers at school. However, there may be critics of parents who make this choice because some people feel that children who are taught at home find it difficult to mix socially with young people of their own age. However, supporters of the idea disagree with this. They think it is a better way of teaching children what is really important.

All twelve members of the _______ were convinced of Davidson’s guilt.

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Jack is ____ student in our group.