Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
The answer is: decrease government spending or increase tax rates.
Explanation:
Nominal GDP is currently $170 billions (= $100 billions + $40 billions + $20 billions + $10 billions).
Since full employment GDP = $120 billions, the nominal GDP is much higher ($170 billions > $120 billions). So the government must try to cool the economy and the two main ways it can do it is by reducing government spending or by raising taxes which will lower private consumption.
If Chloe did not pay off the loan, she will payout 263.75 x 12 = $3165.00
However, if Chloe pays off the loan with the sixth payment, she will pay out (263.75 x 5) + 1,786.20 = $3,086.95.
But the question is how much will she save? To get the answer just follow this: 3165.00 - 3086.95 = $78.05
Therefore, Chloe saves $78.05
Answer:
Yes.I do consider this invasion of privacy except i gave a consent to the website owner to use my data.
Explanation:
Occasionally, barriers to entry may lead to pure monopoly; in other market conditions, they may limit competition to a few oligopoly firms
<h3>Do barriers to entry exist in a pure monopoly?</h3>
Due to entrance restrictions that deter prospective rivals, firms acquire monopolistic power. Barriers to entry, or conditions that make it difficult or impossible for potential competitors to participate in the market, give monopolies their market strength.
The four main elements of monopoly are: (1) a single business controlling the entire output of a market; (2) a distinctive product; (3) barriers to admission and departure from the industry; and, frequently (4) specialised knowledge about production methods that are not available to other potential producers.
Learn more about monopoly refer
brainly.com/question/13276400
#SPJ4
