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shepuryov [24]
3 years ago
9

The president wishes to increase spending for education by $4 billion but also maintain a balanced budget. Therefore, taxes will

also be increased by $4 billion. What will happen to GDP?
Business
1 answer:
castortr0y [4]3 years ago
4 0

Answer:

it will increase

Explanation:

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Barges' has an asset beta of .57, the risk-free rate is 4.3 percent, and the market risk premium is 7.7 percent.

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So, the dollar price of the jeans is the nominal variable, and the relative price is the real variable.   The relative price of the jeans have been adjusted to inflation. The dollar price hasn't been adjusted for inflation, hence why it is the nominal variable (not adjusted for inflation).
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