Answer:
rise, fall
Explanation:
In the case when the subsitution effect with respect to the real rate of interest should be saved and more than the income effect on the real rate of interest so if there is an increased in the real rate of interest so there is an increase in the consumption also there is the fall in the savings
Also, if there is a more income effect, the consumption should rise and the savings would decline
Therefore the rise and fall should be considered to fill the blanks
Answer:
c. GDP fails to account for the quality of the environment.
Explanation:
Gross domestic product is defined as the sum total of all goods and services produced in a country within a specific time.
It measures the level of wealth in the economy. However it is not a true reflection of personal well being of the citizens of a country because it does not consider the quality of the environment in which people live.
GDP only measures.activities in the market place but does not evaluate other factors like leisure, quality of the environment, health levels, and education.
Answer:
The bond's issue(selling) price is $1,085,308.00
Explanation:
The price of the bond is the present values of the future cash flows discounted to present values.Instead of discounting the coupons an annuity factor was used instead but the par value receivable at maturity was discounted using the discounting factor in the question.
Kindly find attached.
The computation of the break-even point (in dollars) is given below:
Break-even (dollars) = Break-even (units) x Selling price
= $10 x 12,000 units
= 120,000
Based on the data given in the problem, compute the revised break-even point (in units) for shop 48 after the payment of the incentive.
The break-even point is the point at which total costs equal total sales, and there is no loss or profit for a small business. This means that we have reached a stage of production where the cost of production equals the revenue of the product.
The break-even point is used in several areas of economics and finance. In accounting terms, it refers to the level of production where the total revenue from production equals the total cost of production.
Learn more about the break-even point at
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