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2 years ago

Compare public debt to intragovernmental debt brainly

1 answer:

6 0

The difference is that public debt is owed to creditors while intragovernmental debt is owed to another part of government.

<h3>How to Classify Debts?</h3>

The public debt is defined as the amount of money that a government owes to creditors. Now, this debt held by the public is a large portion of the national debt.

However, Intragovernmental debt is defined as debt that one part of the government owes to another part of the government. Generally, this debt is held in government trust funds, such as the Social Security trust funds.

Read more about Debts at; brainly.com/question/1047372

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3 years ago

As the price of gummy bears rises from $2. 60 to $3 , what are the price elasticities of demand of sugar-free gummy bears and of

NISA [10]

The price elasticities of demand of sugar-free gummy bears and of ordinary gummy bears is -0.8 and -2.3 respectively.

<h3>How to calculate price elasticity</h3>

Change in price of gummy bears = $2. 60 to $3

Elasticity of demand of sugar-free gummy bears =

[(273-379 / (273+379)/2] ÷ [(3.00-2.60)/(3.00+2.60) / 2]

= [-18/166] / [0.4/2.8]

= -0.10843373493975 / 0.14285714285714

= - 0.75903614457826

Approximately, -0.8

Elasticity of demand of regular gummy bears:

Sugar free = [(273-379) / (273+379)/2] ÷ (3.00 +2.60) / 2]

= [-106/326] / [0.4/2.8]

= -0.32515337423312 / 0.14285714285714

= -2.2760736196318

Approximately, -2.3

Learn more about price elasticity:

brainly.com/question/24961010

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