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Ulleksa [173]
2 years ago
12

Eric wants to attend a public four-year university. He estimates that the average cost of one year at this university is $19,500

. He can save at most $325 a month. Without factoring in interest, grants, or scholarships, what is the minimum number of months he needs to save in order to be able to pay for one year of college?
Business
2 answers:
pishuonlain [190]2 years ago
5 0
In this problem he need 19.500 but only earns 325 a month. From this we take what is needed (19500) and divide it by what is earned (325). This will give you 60. So therefore it will take him 60 months to earn enough for one year at university.
nikklg [1K]2 years ago
4 0

Answer:

A

Explanation:

I took the test

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Answer:

Option (a) is correct.

Explanation:

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Federal reserve uses various monetary policy tools to control the money supply in an economy. Some of the tools are as follows:

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Answer:

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Explanation:

Calculation to determine what an initial increase in aggregate demand of $100 billion will eventually shift the aggregate demand curve to the right

First step is to calculate the GDP Multiplier

Using this formula

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Let plug in the formula

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Shift in aggregate demand curve=4*100 billion

Shift in aggregate demand curve= $400 billion

Therefore an initial increase in aggregate demand of $100 billion will eventually shift the aggregate demand curve to the right by $400 billion

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strojnjashka [21]
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Explanation:

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