Answer:
B. Supply of loanable funds shifted to the left.
Explanation:
In 2009, the Federal budget deficit had a total of $1.4 Trillion. This was a very noticeable increase from the preceding year. The Gross Domestic Product (GDP) increased from 3.1% in 2008 to 9.9% in 2009. This was the highest deficit since 1945.
The result of this economical calamitous year meant that the supply of loanable funds shifted to the left.
Answer:
$105.
Explanation:
Since you are considering buying a $ 700 refrigerator on an installment loan with nothing down and 12 monthly payments of $ 72.92, and you could also charge it to a revolving credit card with a 22 percent APR and pay it off with 12 payments of $ 64.84 and your credit card company would also give you a cashback bonus of 1 percent for the purchase, to determine how much you would save by using the credit card the following calculation must be performed:
72.92 x 12 = 875.04
64.84 x 12 = 778.08
778.08 - (778.08 / 100) = 770.29
875.04 - 770.29 = 104.74
Thus, rounded to the nearest dollar, by paying with the credit card you would save an amount of 105 dollars.
Answer:
i think the answer is Creativity
Answer:
Total production for the current period is expected to be 7420 units.
Explanation:
The current production should be enough to meet the required units needed for the desired ending inventory and the units needed to meet the current sales after adjusting for the opening inventory of units that is available. Thu,s the current production requirement will be,
Production = Closing Inventory + Sales - Opening Inventory
Production = 263 + 7500 - 343
Production = 7420 units
Answer:
A. It is the income foregone by not using a resource in an alternative way.
Explanation:
Opportunity cost is the income foregone by not using a resource in an alternative way.
Opportunity cost is refers to the value of what you have to give up in order to choose something else. It can also be called REAL COST.
It also refers to the value or benefits of something that must be given up in order to acquire another thing.