Answer:
$1,800 million
Explanation:
According to the quantity theory of money , velocity = nominal output / money supply
If velocity is 3 and money supply is $600 million, nominal output = $1,800 million .
I hope my answer helps you
Answer:
<h2>The correct answer in this case is option C. or MU(c)/P(c)>MU(d)/P(d).</h2>
Explanation:
Under consumer equilibrium theory for two commodity model,a rational consumer maximizes his or her utility when the marginal utility(MU) obtained from consuming one good is equal to the same of the other.This is the fundamental essence of the Law of Equimarginal Utility in Economics.Now,in this case,the consumer will purchase more of good C than good D if the Marginal utility obtained from one unit of good C or MU(c) for the money spend on consumption of good C or price of C,P(c) is greater than the marginal utility obtained from consuming 1 more unit of good D or MU(d) for money spend on purchase of good D or price of that particular unit of D or P(d).Therefore,since the marginal satisfaction compared to the amount of money spend for the consumer is higher for good C compared to the other or good D,it will increase the total utility level of the consumer from that particular consumption bundle or pattern.Hence,he or she will spend more on the consumption of good C than good D.
Answer:
Justified Alignment
Explanation:
The type of text alignment that is frequently seen in newspaper,magazines,and books(both the left and the right sides of the paragraph are perfectly straight).I'm sorry if it was wrong.
brainliest plz ;-;
Answer:
0.17
Explanation:
The computation of expected return in investment is shown below:-
Expected return in investment = (Expected return of outcome 1 × Probability of outcome 1) + (Expected return of outcome 2 × Probability of outcome 2) + (Expected return of outcome 3 × Probability of outcome 3)
= (0.15 × 0.50) + (0.25 × 0.30) + (0.10 × 0.20)
= 0.075 + 0.075 + 0.2
= 0.17
Therefore for computing the expected rate of return we simply applied the above formula.
