Answer:
= A fall in the cost of production
Explanation:
= A fall in the cost of production= A fall in the cost of production= A fall in the cost of production
Answer:
High prices
Explanation:
High prices are a term that describes the expensive value of products in comparison with other similar products or the raw materials used in the production. However, with the increase in the price of a product, the quantity supplied increases as well. This will result in the following:
1. High profits
2. Attraction to create additional products.
3. Increased revenues
4. More capacity of companies to buy more raw materials
5. Capacity to employ more worker
Hence, the right answer is HIGH PRICES
Answer:
The correct answer is C) Indiana
Explanation:
To completely secure a secured transaction, or perfect the security, the secured party (in this case Maxwell) should file a financing statement with the <em>local public records office</em>, Secretary of State, or other appropriate government body.
The area that is local to Maxwell is where he lives which is Indiana.
Cheers!
Answer:
Nominal GDP growth = 7.25%
Explanation:
Given:
Inflation rate = 3%
Population growth = 1%
Note:
Growth rate in real GDP (Not given) = 3.25%
Find:
Nominal GDP growth
Computation:
Nominal GDP growth = Inflation rate + Population growth + Growth rate in real GDP
Nominal GDP growth = 3% + 1% + 3.25%
Nominal GDP growth = 7.25%
