Answer:
It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.
Explanation:
Answer: $610 million
Explanation:
M1 includes currency in circulation, checkable bank deposits and traveler's checks.
M1 = $100 million + $500 million + $10 million = $610 million
Savings deposits is part of M2
<span>In the current year, the nation's economic growth will be negative. This is an outcome produced by all factors involved. There have been no capital goods produced, and therefore, no income can be generated by capital goods. There has been no growth in population or in any productive resources that could yield come kind of economic growth for the nation.</span>
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