Answer:
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Step-by-step explanation:
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:
it is B
Step-by-step explanation:
i just did it
Answer:
0
Step-by-step explanation:
Answer:
540
Step-by-step explanation:
90 is 16 2/3% of 540