The right answer for the question that is being asked and shown above is that: "d. AD and AS curves are more horizontal to the multiplier is more effective." Fiscal policy is limited when the slope of the <span>AD and AS curves are more horizontal to the multiplier is more effective.</span>
Price floor.
A floor, in real life, is at the bottom, below you — this then makes sense in business to say that a ‘floor’ represents the minimum value of something — in this case the price of video games.
In real life, a ceiling is above you, indicating that it could be used as a representative of a maximum value of something, like the price of a video game.
So, if we were to say that $120 was the ‘price ceiling’ for video games, then we would basically be saying that $120 is the most a video game could cost. If we were to say that $100 was the ‘price floor’ for video games, we would be saying that $100 is the minimum value that the price of a video game could assume.
Answer:
C
Explanation:
The drawee is the bank with which the drawer has an account.
3000 (1+0.051)^(t)=2000 e^(0.075t)
Solve for t using Google calculator
To get
T=16.05 years
Answer:
$200 (million)
Explanation:
If the government spending increases by $200 million, then associated change in equilibrium income will be $ 200 million, assuming that Marginal Propensity to Consume (MPC) is 1
