Answer:
C
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Nominal GDP is GDP calculated using current year prices.
If nominal GDP increases, it can be as a result of an increase in price level or an increase in output
for example,
In economy A, price in year 1 is 10 and price in year 2 is 20. Output in both years is 20
Nominal GDP in year 1 = (10 X 20) = 200
Nominal GDP in year 2 = (20 X 20) = 400
It can be seen that nominal GDP increased even though output did not increase
Assume that in economy B, price in year 1 and 2 is 10. Output in year 1 is 100 and output in year 2 is 200
Nominal GDP in year 1 = (10 x 100) = 1000
Nominal GDP in year 2 = (10 x 200) = 2000
Increase in nominal GDP in this economy is as a result of an increase in output
<span>Direct Subsidized loans is the answer </span>
Answer:
- The presence of a duty. We all have a duty to take steps to prevent injury from occurring to other people.
- The breach of a duty. The defendant must have failed to live up to his duty to prevent injury from occurring to you.
- An injury. You were injured.
- The injury resulted from the breach.
Explanation:
Hope this helps.
Answer:
external stimulus : Cue
restoration of buying impulse: Reinforcement
strong internal stimulus: Drive
action taken by prospect: Response
Explanation:
Answer:
$1,250
Explanation:
<u>The cap for student loan in behalf of your son if deductible up to 2,500.</u>
<em />
<em>The requirement are:</em>
qualified loan.
married filing jointly which aren't dependents on someone else's tax return
Income below for married filing jointly: 135,000
Above this, it pahses out gradually until 165,000 dollars.
Therefore, the calculation are as follow:
interest paid: 4,000
cap: 2,500
max deduction: 2,500
according to income:
135,000 -> deduction for 2,500
165,000 -> deduction for 0
Mike and his spouse income: 150,000
150,000 is half way so they can deduct half the amount: 1,250
