Answer:
a) Gold = $1,380; Silver = $1,020
b) Gold = $1,300; Silver = $980
Explanation:
a) At first, with Qg = 60 and Qs = 270, the equilibrium prices for gold and silver are found by solving the following linear system:
![P_g = 930-60 +0.50 P_s\\P_s = 600 - 270 + 0.50P_g\\\\-P_s=1740 -2P_g\\P_s = 330+ 0.50P_g\\P_g = 1,380\\P_s = 1,020](https://tex.z-dn.net/?f=P_g%20%3D%20930-60%20%2B0.50%20P_s%5C%5CP_s%20%3D%20600%20-%20270%20%2B%200.50P_g%5C%5C%5C%5C-P_s%3D1740%20-2P_g%5C%5CP_s%20%3D%20330%2B%200.50P_g%5C%5CP_g%20%3D%201%2C380%5C%5CP_s%20%3D%201%2C020)
Equilibrium price of gold is $1,380 and the price of silver is $1,020.
b) If the supply of gold increases to 120, since the goods are substitutes, there will be an increase in overall supply and the equilibrium price of gold and silver will decrease as follows:
![P_g = 930-120 +0.50 P_s\\P_s = 600 - 270 + 0.50P_g\\\\-P_s=1620 -2P_g\\P_s = 330+ 0.50P_g\\P_g = 1,300\\P_s = 980](https://tex.z-dn.net/?f=P_g%20%3D%20930-120%20%2B0.50%20P_s%5C%5CP_s%20%3D%20600%20-%20270%20%2B%200.50P_g%5C%5C%5C%5C-P_s%3D1620%20-2P_g%5C%5CP_s%20%3D%20330%2B%200.50P_g%5C%5CP_g%20%3D%201%2C300%5C%5CP_s%20%3D%20980)
Equilibrium price of gold is $1,300 and the price of silver is $980.
Answer: Jackson would decrease CASH and increase EXPENSES in the accounting equation.
Explanation: Jackson would lose cash by spending his money and his Living expenses will also rise along with it.
Savings account is the answer
"Unity of effort" requires coordination among government departments and agencies, as well as cooperation toward common objectives across commands.
<u>Answer:</u> Option C
<u>Explanation:</u>
At the national level the unity of effort is basically a cooperative effort involving a number of departments and agencies of the United States Government. "Unity of effort" is about teamwork and collaboration directed towards common goals although participants do not generally form part of the same command or organisation that is the result of effective unified action.
The aim of promoting cohesion of action is to generate a ellaborative consensus approach while applying national power instruments towards common goals. The unity of effort is a continuous process which demand constant effort to sustain inter-organizational relationships.