The answer is A. Capital is assets minus liability
Answer: 55
Step-By-Step Explanation:
Answer:
y=x+8
Step-by-step explanation:
y=x+b
That is the equation with only the slope, however, we can use the point (-4,4) to find the y-intercept
4=-4+b
Add 4 both sides:
8=b
Thus the equation is y=x+8
Hope this helps!
Answer: Option (c) is correct
Step-by-step explanation:
Slope of demand curve is negative and slope of supply curve is positive in both the models.
But labeling of axis is different in both the models. In the short-run macroeconomic model, y-axis represents the price level whereas x-axis represents the GDP.
While in the standard model for markets, y-axis shows the general price level whereas x-axis represents the output level.
