Answer:
The market price of the product will fall in response to the subsidy.
Explanation:
buyers can end up capturing some of the benefit because the market price of the product will fall in response to the subsidy. the market price of the product will rise in response to the subsidy.
A process by which people choose how to use limited resources in order to meet their needs is the best definition of an economic system. The correct option among all the options that are given in the question is the second option. I hope that this is the answer you were looking for and it has helped you.
Answer:
The answers are:
- Investment = $50 millions
- National saving = $50 millions
- National saving equals investment.
Explanation:
The formula for calculating GDP is:
GDP = C + I + G + (X - M)
Since this is a closed economy, both X and M equal 0.
$500MM = $300MM + I + $150MM
I = $500MM - $300MM - $150MM = $50MM
Since national saving equals investment, then national saving is $50MM
Answer: the two dimensions are social and technology systems. Both are directly related to each other in order to achieve continuous development and growth
Explanation:
Average daily balance method a common method to calculate finance charges.
<u>Explanation:</u>
One of the most common ways through which the financial institutions for example the credit card companies calculate the financial charges that are to be paid by their customers and clients is the average daily balance method of the credit..
If this is the method used by your financial company also then you can reduce the financial charges that you have to pay by paying off the financial balance earlier than the billing cycle.