Answer:
The intuition behind the real wealth effect is that when the price level decreases, it takes less money to buy goods and services. The money you have is now worth more and you feel wealthier. So, in response to a decrease in the price level, real GDP will increase.
Explanation:
Answer:
The U.S. government created the Internal Revenue Service (IRS) using their power to collect taxes.
The minimum wage was established using the power to regulate commerce.
The Air Force was created using their power to raise armies.
Explanation:
Happy to help!
Answer: 6+9+6*9
Explanation:
your answer needs to equal 69 even though its not 69 and i'm just trying to make points so I can do stuff. BY THE WAY 6+9+6*9 DOES EQUAL 69
Answer:
40-24 = 1616/1000 = 0.016 x 100 = 1.6% growth rate
70/1.6 = 43.75 years = doubling time.
