Answer:
c
Step-by-step explanation:
25% = 15$ so 15+15+15+15=60
The point s is where the suppl curve and demand curve meet. Hence moving down to point U would indicate an increase in quantity demanded because a shift to the right on supply curve, ie moving down to point u from point s indicates an increase in supply so that means an increase in quantity demanded. If it were to move the other way, ie to the left, then it would show a decrease in supply and a decrease in quantity demanded.
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<u>Nominal Interest Rate:</u> Does not consider inflation provides a sense of purchasing power
<u>Real Interest Rate</u>: It describes the stated interest rate on an account and also considers inflation
Step-by-step explanation:
Real interest rate can be defined as the <u>Nominal interest rate minus the inflation rate.</u>
<u></u>
<u>Nominal Interest Rate </u>is the interest rate without taking into account the inflation
Answer: 40
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Notice how WI = 12 is one-third of IL = 36
So AM is going to be one-third of ML = 30 making AM = 10
AL = AM+ML = 10+30 = 40
AL = 40
Or a more formal way to do it is to use ratios
AL/ML = WL/IL
AL/ML = (WI+IL)/IL
AL/30 = (12+36)/36
AL/30 = 48/36
36*AL = 30*48
36*AL = 1440
AL = 1440/36
AL = 40
Either way we get the same answer
