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xenn [34]
3 years ago
10

If real income rises from $5 trillion to $6 trillion while the price level increases by 10 percent, it follows that nominal inco

me:
Business
1 answer:
AVprozaik [17]3 years ago
7 0

The nominal income will increase with the increase in the real income.

<u>Explanation:</u>

Real income of the person is the buying or the purchasing capacity of the person. It is the nominal income adjusted for inflation. If there is an increase in the real income more than the increase in the level of the prices at a particular period of time, it means that the level of nominal income of the person will also increase.

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Answer: Publicity

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6 0
4 years ago
Micro environment essay​
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6 0
2 years ago
In order for an economy to increase its production possibilities, the economy must :_______
Vika [28.1K]

The economy must increase inputs.

<h3>The production possibility curve, what is it?</h3>

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As a result, increasing inputs is necessary for an economy to enhance its production potential.

For more information on <u>Production Possibility </u>Curve, refer to the following:

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4 0
2 years ago
The shareholders' equity of Janeek Enterprises includes $253,600 of no par common stock and $532,300 of 5% cumulative preferred
storchak [24]

Answer:

$3,115

Explanation:

Preferred stockholders has an advantage that they are paid first when there is any dividend is announced. The residual dividend will be divided into the common stockholders. Any prior years due dividend and current years dividend associated with preferred share will be paid first.

As per given data

Preferred shares = $532,300

Dividend on preferred shares = $532,300 x 5% = $26,615 per year

As in 2015 $23,500 was declared, the dividend of $26,615 is due in respect of preferred dividend.

2015

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All the dividend of $23,500 is paid to preferred stockholders there is no dividend for common stockholders in 2015 and still there are arrears of $3,115 due in respect of preferred dividend.

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3 years ago
If the economy starts to boom and loan demand picks​ up, what do you predict will happen to the money​ supply?
Zinaida [17]
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