The current value of Real GDP is greater than the equilibrium level of Real GDP. This implies that Aggregate Expenditure is than Real GDP, and inventories are O less; shrinking O less; growing O greater; growing O greater; shrinking

Q: It says 6Qs NOT 60s, can you please redo

A: Demand:Demand  is the desire of an individual ability and willingness to pay for a product. The…

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A: Opportunity cost means the forgone income.  It means what actual amount we have lost in acquiring…

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A: We can find the annual equivalent by using the following formula.

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A: Interest is an amount earned on any investment. It can be basically classified as• Simple Interest…

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A: APS is the average propensity to save. It is the ratio of savings and income.

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A: Infrastructure is organisational structure which is required for the societal operation.

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A: The data presented in the question above is:- Income = $7500 Savings = $3200 We need to find the…

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A: Let's break down the income and consumption/savings data to understand the financial…

Q: d C b a U 0 30 50 75 W 100

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Q: What will be the Savings given that income is $3200 and APS is 0.48

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A: There is a slight mistake in the solution as per the solution given by the expert

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A: By Assuming that the bar owner has the right to hire as many bands as she likes. She will obviously…