Let us take the case of 7 pounds for $8.47 first.
7 pounds of a product costs = 8.47 dollars
Then
1 pound of the same product will cost = (8.47/7) dollars
= 1.21 dollars
Now let us take the case of 9 pounds for $11.07
9 pounds of a product costs = 11.07 dollars
Then
1 pound of the same product will cost = (11.07/9) pounds
= 1.23 dollars
So from the above deductions we can see that 9 pounds for $11.07 is a better buy than 7 pounds for $8.47. I hope the procedure is clear enough for you to understand. In future you can use this method for solving similar problems.
Assuming this economy is closed: Consumption $6.9 trillion; Government Purchases $11.2 trillion; National Saving $2.3 trillion; Investment $2.3 trillion.
<h3>Gross domestic product</h3>
a. Consumption
Private S = ( Y – T – C )
C = Y - T - Private S
C = $12 - $3.6 - $1.5 =$6.9 trillion
b. Government purchases
Public S = ( T - G )
G = T - Public S
G = $12 - $0.8
G = $11.2 trillion
c and d. National saving and investment
National savings = Public S + Private S
National savings = $0.8 + $1.5
National savings =$2.3 trillion
Investment=Savings=$2.3 trillion
Therefore, Consumption $6.9 trillion; Government Purchases $11.2 trillion; National Saving $2.3 trillion; Investment $2.3 trillion.
Learn more about GDP here:brainly.com/question/1383956
"lowest terms". Whenever 2 numbers have a GCF of 1, that means there isn't anything that can divide out of both numbers, which is called "lowest terms." It means that the fraction cannot be reduced any more.
Answer:
I'm currently having the same lesson.
Exponential form:
5⁶ = 15,625
The number next to the "log" symbol is the base, which is positioned down. Next to the base of the exponent is the result of the exponent.
The number after the equal sign is the exponent.
Check the image for better clarification.
Step-by-step explanation:
Answer:
3
Step-by-step explanation:
First add 1 on both sides, then divide by 4 on both sides
