Suppose the economy is in the long run equilibrium. If there is a sharp increase in the minimum wage as well as an increase in taxes then in the short run, real GDP will
- fall and the price level might rise, fall, or stay the same. In the long run, the price level might rise, fall, or stay the same but real GDP will be lower.
Given that this economy is in the long run equilibrium. Given a sharp increase in minimum wage and taxes, then real GDP will decrease in the short run as well as the price level.
In the long run it may stay the same. But the Real GDP will definitely be lower.
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Answer: 1.50
Explanation:
Isabel's portfolio beta is a weighted average of the individual stock betas.
= Weight of stock A * Stock A beta + Weight of stock B * Stock B beta + Weight of stock n * Stock n beta
= (20% * 0.4) + (30% * 1.2) + ( 25% * 2.5) + (25% * 1.75)
= 0.08 + 0.36 + 0.625 + 0.4375
= 1.5025
= 1.50
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Answer:
C. natural selection
Explanation:
The increased interest in the diversity of the culture would be attached to the personal travel, communication advances, international trade but not with the natural selection as the cultural diversity would deals in different culture but the natural selection would not be considered of this part
So the option C is correct
Answer:
Explanation:
The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work. It is made of: the non-market sector (public administration, education, human health, social work activities).
