If the price level rose from 131 to 157 but economic output remained the same, real GDP would increase.
The price level has increased and the output is constant then the nominal GDP would increase.
- The term "Gross Domestic Product," or GDP, refers to the total monetary worth of all finished products and services produced (and marketed) inside a nation within a specific time period (typically 1 year). Purpose. GDP stands for "Gross Domestic Product" and reflects the total monetary worth of all finished products and services produced (and sold on the market) inside a nation during a specific period of time. GDP is the most often used indicator of economic activity (typically 1 year). Purpose. The most often used indicator of economic activity is the GDP.
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The United States economy is sometimes referred to as a modified free
enterprise system due to the fact that it is capitalist. This means that
there is no monopoly on a particular aspect of trade or business, so
anybody can start a company.
Answer:
<u>Cash Budget for the First Quarter.</u>
Total Receipts :
Collections From Customers $188,700
Sale of Equipment $3,060
$191,760
Total Payments :
Direct materials $43,860
Direct labor $71,400
Manufacturing overhead $35,700
Selling and administrative expenses $45,900
Purchase of securities $14,280
$210,840
Net Receipts / (Payments) ($19,080)
Opening Balance $30,600
Closing Balance $11,520
Required Balance $25,500
Loan (Shortfall) $14,250
Explanation:
A cash budget shows a future estimate of future cash incomes and cash expenditures.
A.Grants/Scholarships - Federal Student Loans - Private Loans B.Private Loans - Grants/Scholarships - Federal Student Loans
C.Federal Student Loans - Grant/Scholarships - Private Loans D.Grants/Scholarships - Private Loans - Federal Student Loans
I think the correct answer from the choices listed above is option D. When looking to finance higher education, the best order to look for funding sources should be Grants/Scholarships - Private Loans - Federal Student Loans. Hope this answers the question. Have a nice day.
