Answer:
$15,000
Explanation:
In leo company books, the gain recognized would be $75,000 - $60,000 = $15,000 as they are selling the land $15,000 more than it initially cost them
Answer:
d. positively to the nominal gross domestic product
Explanation:
The quantity theory of money :
M = (P x Y ) / V
Where m = quantity of money
P × Y = nominal GDP
V = velocity
Velocity is assumed to be constant in the short run. It is also believed that Y is constant in the short run. Therefore, movement in price level is determined by the quantity of money.
I hope my answer helps you.
C) the people that purchase goods and services
Answer:
well a needs is like food and water and a want is like a ps4 or a xbox 1 and stuff that wont help you survive but you want it