Answer:
d) have become increasingly similar in recent years.
Explanation:
Commercial banks -
They are the type of financial institution , which offer account service , accept deposits , offer loan services .
These bank ear their income via providing loan and earning from the interests .
Similarly are the Thrift institution ,
They are also the type of financial institutions , and have the majority of the funds from the public savings .
And in the recent times , both Commercial banks and Thrift institutions are becoming almost the same .
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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Answer:
they provide additional information about the visual
Answer:
The amount that should be invested to total $45,000 in 8 years is $18,995.
Explanation:
According to the situation, you have to calculate the amount that you have to invest in the present to get $45,000 in eight years. You can find it using the formula:
P= F/(1+(i/n))^nt
P= present value
F= future value: $45,000
i= interest: 11%
n= number of times compounded per year: 3
t= time in years
P= $45,000/(1+(0.11/3))^(8*3)
P= $45,000/(1+0.0366)^24
P= $45,000/2.369
P= $18,995
<span>This is a true statement. This allows for a company to show that there are differences in the quality or the efficacy of a line of products. The more expensive the product is, the more likely it is to be seen as of a higher quality or as having better constituent elements.</span>
