Answer: Option (A) is correct.
Explanation:
If the government wishes to increase the level of real GDP, it might reduce <u>Taxes.</u>
This is due to the fact that if government reduces the transfer payment, size of budget deficit or its purchases of goods and services then as a result the level of real GDP deceases because of lower aggregate demand for the product.
Now, if government reduces the taxes, this will increase the individual's disposable income. So, this will results in higher aggregate demand and hence, increases the level of real GDP.
All of the above. If it's just one it would be D.
Answer:
The anwer is A. Economic Viability.
Explanation:
This question represents a very common problem faced by many new innovators in the market. They put out a new product and then the rest follow and copy it.
When it comes to new products there are Several factors that influence it's popularity. Simply they are,
1. The affordability or the economic viability. Simply this means if a product is "feasible" cost wise and logistically. Price is a major factor that falls under this.
2. Technological feasibility means if the technology used in the product permits the product to be used effectively in Business operations.
3. Organization suitability: softwares and almost any asset is suitable for different organizations in different ways and might not be suitable for some organizations.
These are the major factors that influence a products popularity. However in this scenario, the entrepreneur Neil's product is becoming less popular because the Economic Viability of the software is coming down because of the much cheaper alternatives in the market.
Answer:
Amount received = 217,043.56 (Approx)
Explanation:
Given:
Monthly deposit = $400
Interest rate = 3.2% / 12 = 0.002667 per month
Number of year = 63 year - 35 year = 28 year
Number of period = 28 × 12 month = 336 month
Computation:
Amount received = 217,043.56 (Approx)