Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Credit cards can cost you money if you don't pay your bills on time because the interest rates charged by lending organisations have a significant negative influence on both your personal finances and credit score.
The best credit card APR is one that is around 10%, but you might need to visit your neighbourhood bank or credit union to discover one. An APR that is lower than the average would also be regarded favourably by the Federal Reserve, which monitors credit card interest rates. If you settle your bill in whole each month, APR is irrelevant. It doesn't matter whether your credit card has a 10 percent or 25 percent interest rate.
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Monetarism in the AD-AS framework suggests that a decrease in velocity produces a leftward shift of the AD curve
<h3>What is
AD curve?</h3>
An aggregate demand curve (AD) depicts the relationship between total output demanded (measured in real GDP) and price level (measured as the implicit price deflator).
An aggregate demand curve depicts total domestic spending on goods and services at each price level. An example aggregate demand curve is shown below. The horizontal axis represents real GDP, and the vertical axis represents price level, as in an aggregate supply curve.
As aggregate demand components—consumption spending, investment spending, government spending, and spending on exports minus imports—increase, the aggregate demand curve, or AD curve, shifts to the right. As these components fall, the AD curve will shift back to the left.
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Answer:
People can go around and help the economy continue flowing
Explanation:
The person ordering is supporting a restaurant in the community without having to leave the house if they don't want to but they are still able to get food from places and they are able to support them with their business. They are also paying the person who is delivering the food, helping give people in the community jobs and keep the economy flowing.
