Answer: Option (c) is correct
Step-by-step explanation:
Slope of demand curve is negative and slope of supply curve is positive in both the models.
But labeling of axis is different in both the models. In the short-run macroeconomic model, y-axis represents the price level whereas x-axis represents the GDP.
While in the standard model for markets, y-axis shows the general price level whereas x-axis represents the output level.
Answer:
About $20.30
Step-by-step explanation:
$466.90 divided by 23.
The square root of -48 is 2 because 2x2x2x2x2x2x is not -48