Answer:all of the above are Correct (D)
Explanation:
Real GDP is a macro economic statistics that measure the value of the goods and services produced by an economy in a specific period , adjusted for inflation. Government use both minimal and real GDP as metrics for analyzing economic growth and purchasing power over time.
Answer:
Fewer merchants would be willing to supply textiles.
Explanation:
Price ceilings are the maximum price that is set for commodities in a particular market by the government. It is aimed at protecting buyers from excessive price exploitation by sellers.
In the given scenario the price of commodities was set at 5% above fixed price of local communities. This means sellers can make a maximum of 5% on any sale.
However severe weather rendered the textile market more uncertain.
The result will be that sellers will be less willing to provide commodities as they are not able to push the added cost to the buyer.
Ahrens should accept Wholesaler B offers to buy 15,500 units at $42 each
<h3>What is
Wholesaler?</h3>
The sale of goods or merchandise to retailers, industrial, commercial, institutional, or other professional business users, or other wholesalers and related subordinated services, is known as wholesaling or distributing.
In the supply chain, a wholesaler serves as an intermediary or middleman. The most common type of wholesaler is a company that buys finished products from manufacturers and distributes them to retailers, who then sell smaller quantities of the product to end users.
To summarize the key distinctions, retailers sell goods directly to end users in small quantities. Wholesalers, on the other hand, sell goods to other store owners and retail industry professionals, who then sell the goods to the end user.
To know more about Wholesaler follow the link:
brainly.com/question/7062667
#SPJ4
Answer:
a person who sets up a business or businesses, taking on financial risks in the hope of profit.
To find the answer, we first calculate the multiplier.
By using the equation,
ms= 1 ÷ (1 – MPC)
MPC = marginal propensity to consume = 0.8
ms= 1 ÷ (1 – MPC) = 1 ÷ (1 - 0.8)
= 5
Thus, the multiplier is 5.
An increase in government spending = $600 billion
Now, multiplied $600 billion by the multiplier, which is 5.
$600 billion x 5
= $3,000
Thus, the answer is $3,000 billion increase in real GDP.
