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1 year ago

Which line represents the flow of final goods and services?

1 answer:

7 0

The Household line represent the flow of final goods and services and consumer spending while the Business line represent the flow of rent, wages, interest, and profits.

<h3>What is the circular flow diagram?</h3>

This is an economic diagram that illustrate the flow of money through the economy.

The four parts of the circular flow diagram includes:

individuals,
firms,
market for goods and services,
market for factors of production.

In conclusion, these economic diagram illustrates the system functions through the interactions of households and firms.

Read more about circular flow diagram

<em>brainly.com/question/26674132</em>

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You plan to deposit $5,200 at the end of each of the next 15 years into an account paying 11.3 percent interest. a. How much wil

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Answer:

Amount after 15 years = 183255.011

Explanation:

Below is the calculation to find the amount after 15 years:

Annuity amount or early deposited amount = $5200

Time period = 15 years

Interest rate = 11.3 %

Now we have to find the amount after 15 years:

Amount after 15 years = Annuity [((1 + r)^n - 1) / r ]

Amount after 15 years = 5200 [((1 + 11.3)^15 - 1) / 11.3% ]

Amount after 15 years = 183255.011

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