Answer: $22 billion
If households receive $84 billion in wages (labor), $22 billion in rent (land), and $32 billion in interest (capital), households are paid ($160-$84-$22-$32) or $22 billion for providing entrepreneurial ability?
Entrepreneurial ability is a mix of many types of abilities measured by education, work experience, and the length of work.
Answer:
The answer is a) depreciation equals $50.
Explanation:
The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods. Thus the only relevant answer to the scenario will be a) since NDP is 50$ less than the Gross domestic product. The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods.
This depreciation over the year can be in the form of housing, vehicle, or machinery deterioration.
Answer:
the null hypothesis is: The proportion of U.S. adults age 25 or older who smoke is 0.22
Explanation:
A null hypothesis is presumed to be true until evidence proves the contrary. Statistical data nullifies it for an alternative hypothesis.
In this case, the null hypothesis is: The proportion of U.S. adults age 25 or older who smoke is 0.22
The hypothesis that has to prove it is different is: the proportion of U.S. adults age 25 or older who smoke is lower than 0.22
the answer is "it buys less"
Answer: Supply of T-shirts decreasing
Explanation:
If the supply of T-shirts decreases, the equilibrium quantity of t-shirts being supplied to the market will decrease as well. Assuming that demand stays the same, the leftward shift of the supply curve will intersect with the demand curve at a higher equilibrium price.
This is simply because as the t-shirts are in short supply, people will be willing to pay more to have them as they are not as widespread as before.
