Consider the following simple economy that produces only three goods: 2009 (Base Year) 2017 Price Product Denim pants Quantity Quantity 80 Price $40 100 $50 Wine 90 11 80 10 Textbooks 15 90 20 100 Real GDP in 2017 equals S

Q: heeds to make an additional repair, which will cost another $400, in order to make the guitar worth…

A: here we can find the answer of given question by following method given below;

Q: How can the future worth be calculated?

A: The present worth method or the Net present value method is an important method used for determining…

Q: GST was first introduced in which country ?

A: GST was introduced in many countries to reduce the tax evasion.

Q: what affects the way you spend money the most?

A: The way we spend money is influenced by a variety of factors. The most significant of these are…

Q: Where did the $98 come from?

A: Deadweight loss can be described as the loss of total welfare or the social surplus because of…

Q: Let’s say that you need a car. How would you go about deciding which car to buy?

A: The mechanism by which a person or a company decides the course of action to take is referred to as…

Q: What is the sequence of events in a literary work?

A: Being able to be able to identify the event components like the beginning, middle, and end is known…

Q: In a business Finance/Budgeting situation, create a budget for month-long vacation trip to Australia…

A: The technique of controlling one's income and expenses in order to meet financial objectives is…

Q: Why are families so important to the American economy?

A: Rising monetary disparity in the United States and all over the planet is broadly considered a…

Q: Calculate the value of savings if APS is 0.45 and income is $1200

A: In the above question, we are given with the values as:- Average propensity to save = 0.45 Income =…

Q: Connor started with $10 and is saving $2 a week. Carlie started with $16 spending 1 a week. How many…

A: Present worth is a financial concept used to determine the value of future cash flows in today's…

Q: you have $84.25. you get additional money for mowing lawns. then you purchase a new pair of shoes…

A: Marginal revenue is defined as the additional revenue earned by an individual when he sells an…

Q: Sasha and Brian just bought their new home, a high-rise condo located downtown. They measured the…

A: Consumer decision making process is that when consumer makes decisions about consumerable like…