Answer:
Real GDP may either rise or fall.
Explanation:
Real GDP = (Nominal GDP ÷ Deflator) × 100
Real gross domestic product is defined as the measure of the economic output in a particular nation which takes into account the effect of both inflation and deflation in an economy.
If there is an increase in the nominal GDP from 100 to 110 and increase in inflation from 0 to 2% then as a result the real GDP will rise because percentage increase in nominal GDP is greater than percentage increase in inflation.
If there is an increase in the nominal GDP from 100 to 110 and increase in inflation from 0 to 15% then as a result the real GDP will fall because percentage increase in nominal GDP is lower than percentage increase in inflation.
The implicit borrowing rate is 31.4%.
Given that if payment was made in cash today, the store would reduce the cost of the product by 2.5 percent. This implies that the price you must pay at that time is $195.5, for instance, if the cost of the things is perhaps $200.
If the price is still $200, you will have to pay $200 at the end of the month. A difference of $200 - $195.5 = $3.5 if we compare at the end of the month versus if you pay immediately.This results in an increase of (3.5/196) x 100% = 1.79 %. An increase to bring the price back to $200.
Considering that a year has 12 months, the implicit borrowing rate at the conclusion of that year will be;
([(200/195.5)(12)] - 1) at 100% equals 31.4%.
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Answer: Increase
Explanation:
According to the Law of Supply and Demand, If the demand for the good is higher than the supply, the price will be higher to reflect the relative scarcity and if the demand is lower than supply, the price will be lower to reflect the relative excess.
In this case the quantity demanded is higher than the quantity supplied so the price will have to increase to reflect the relative scarcity of the good.
trade unions are those who get together in barganing for there rights
if there are more trade unions the barganing power is high, as he/she can't refuse when a whole lot of people are striking.
This is a<span> statute which requires certain types of contracts </span>to be in writing<span> in order to be enforceable.
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There will be 5 but please do read these to ensure you know them friend.
1: Contracts for the sale or lease of or a mortgage on real property. (Land, etc)
2: Contracts that cannot by their terms be performed within one year after the date was formed.
3: Collateral contracts such as promises to answer for the debt or duty of another individual.
4: Promises that are made in consideration of marriage.
5: Contracts as we went over before for the sale of goods of $500 or more.
