Answer:
Make-A-Wish foundation
Earth hours
Explanation:
make a wish donates money and necessities
earth hours supports australian environment protection
Answer:
D. $650
Explanation:
Given that
15 DVDs sold at $10 = $150
10 DVD player sold at $50 = 500
Therefore,
Nominal GDP this is the addition of the two goods produced, sold at market prices.
Thus
GDP = 150 + 500
= $650
Answer:
The correct answer is option a.
Explanation:
The long run aggregate supply curve is inelastic and vertical in shape. The reason behind this is that in the long run the output level is not affected by the change in price level. It is rather affected by the quantity of inputs.
A leftward shift in the long run aggregate supply means that the output level is decreasing. This decrease in input in this case is either because of decrease in quantity of labor available,or because of increase in minimum wages the firms are hiring less labor.
So, option a is the correct answer.
