Answer:
The country should become more efficient and productive as a result of the new educational program and the improvement in new technologies. This increases economic growth even if the rest of the economic factors remain the same. Higher economic growth increases the real GDP faster, decreasing production costs and increasing aggregate demand (better salaries earned by highly educated people) and aggregate supply.
Answer:
C
Explanation:
Now, you can get anything from anywhere.
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Answer: $1,300
Explanation:
Beginning Period for Utilities = $500
Ending Period for Utilities = $700
Expenses for the period = $1,500
Cash paid for the period =
$500 + $1,500 = $2,000
less ending period utilities bal =$700
= $2,000 - $700 = $1,300
Cash paid during the period is $1,300
Answer: $200000
Explanation:
It should be noted that the amount of gain that'll be excluded from the gross income under with respect to any sale should not be more than $250,000.
Therefore, the amount that'll be excluded based on this will be $200000. Therefore, the answer will be $200000.
The statement that is correct is D. If supply increases and demand increases, equilibrium quantity will fall.
Demand is the quantity of goods and services that one is willing to buy at a particular price and at a given time.
On the other hand, supply is the quantity of goods that a supplier wants to sell at a given price and time.
It should be noted that in a situation whereby there's an increase in the supply and the demand of a product, this will lead to a reduction in the equilibrium quantity.
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