Answer:
The price level will be equal to what it was before there was a rise in the aggregate supply.
Explanation:
In economics, natural gross domestic product (Natural Real GDP) can be described as the maximum level of real GDP that can be sustained by an economy over the long term. The Natural Real GDP is also known as the potential output.
From the question, since the economy has moved back to producing Natural Real GDP which is the maximum real GDP sustainable, the price level will be equal to what it was before there was a rise in the aggregate supply.
Therefore, the price level will be equal to what it was before there was a rise in the aggregate supply.
The number of t-shirts that one can assume are sold at a price of $7 will be 220
<h3>What is price?</h3>
It should be noted that price is the sum of money that one party pays or receives in exchange for another's goods or services. The cost of production may go by another name in some circumstances. If a product is classified as a "good" in a business transaction, its price is most likely to be referred to as such.
In this case, it should be noted that the higher the price of a particular good, there'll be a reduction in the quantity that will be demanded.
Therefore, the most likely value will be $220. In conclusion, the correct option is A.
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A study finds that at a price of $10, 100 t-shirts are sold. At a price of $5, 300 t-shirts are sold. How many t-shirts can you assume are sold at $7?
A. 220
B. 200
C. 180
D. 160
Answer:
A. 3.21 years
Explanation:
In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:
In year 0 = $7,500
In year 1 = $1,100
In year 2 = $1,640
In year 3 = $3,800
In year 4 = $4,500
If we sum the first 3 year cash inflows than it would be $6,540
Now we deduct the $6,540 from the $7,500 , so the amount would be $960 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it
And, the next year cash inflow is $4,500
So, the payback period equal to
= 3 years + $960 ÷ $4,500
= 3.21 years
In 3.21 yeas, the invested amount is recovered.
Answer:
Suburban organizational structures of homes are of different patterns that is evolving over the years.
From the days of cluster pattern of building of homes. This was struck out because it does not allow cross ventilation.
The elongated building system by the side of roads. The danger of over closeness to road struck out this organizational structure of suburban homes.
Also,Suburban structures occasionally call to mind their roots in the frontier experience — a pioneering spirit crystallized in the image of a small house standing at the edge of a vast and savage landscape. Confronting the wilderness, this cabin provides a place of refuge for the men and women who work the land in advance of the settlement yet to come. Today the legacy of the pioneer’s cabin can be encountered at the fringes of suburbia like a portent of the vast expanses of housing that will follow in its wake. In true pioneering fashion, the structure shown here lays claim to the landscape simply by virtue of being there first. The homespun elements of pitched roof and white timber siding, fetishistically pristine against the churned soil of the building site, are the formal embodiment of the myth of Manifest Destiny — a symbol of enterprise, resourcefulness and ultimate triumph in the face of an unknown and threatening world. Like Abbe Laugier’s own primitive hut, both natural and affected, this cabin stands as the proud primogenitor of suburbia.
