Answer:
29
Step-by-step explanation:
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.
Answer:
Step-by-step explanation:
200
Each year, your $3,425 which earn 3% simple interest earns $102.75. Multiplying this value by 15 gives $1541.25. Then, adding the latest value we have with the initial invest will finally give us $4966.25. Thus, after 15 years Naomi will have $4966.25.