A plan of dollar amounts to be spent on long-term projects is called a Capital Budget.
<h3>What Is Capital Budgeting? </h3>
Capital budgeting is known to be a form of a business doings that is often done to examine potential major projects or any form of an investments.
Note that before a person does any business, it is good that they have the budgeted amount of money they are willing to spend as it is important before going into the business.
Hence, A plan of dollar amounts to be spent on long-term projects is called a Capital Budget.
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The fact that Saanvl deposits the $4,000, means that initially, the money supply remains the same.
<h3>What happened to the money supply after Saanvl's deposit?</h3>
After Saanvl deposited, the money was simply converted from cash to cash deposits at the bank.
Both of these things are considered to be a part of money supply so there is no change in money supply initially.
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Based on the chart, the correct options are:
- The production of coal decreased, while the production of solar increased; option D.
- Solar energy technology has improved and increased in capacity, but coal has decreased in capacity because it is a limited resource; option A
<h3>What is solar energy?</h3>
Solar energy is a type of renewable energy from the sun.
Solar energy is gradually being used to replace non-renewable energy sources such as coal.
Based on the chart:
The production of coal decreased, while the production of solar increased; option D.
Solar energy technology has improved and increased in capacity, but coal has decreased in capacity because it is a limited resource.
In conclusion, solar energy production is increasing.
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