Economy, asked by morkus, 4 months ago

Marlene has a credit card that uses the adjusted balance method. For the first 10 days of one of her 30-day billing cycles, her balance was $570. She then made a purchase for $120, so her balance jumped to $690, and it remained that amount for the next 10 days. Marlene then made a payment of $250, so her balance for the last 10 days of the billing cycle was $440. If her credit card's APR is 15%, which of these expressions could be used to calculate the amount Marlene was charged in interest for the billing cycle?

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Answers

Answered by shia07
1

Answer:

What is the total money value of final goods and services produced within the domestic territory of the country during a given year?

GDP     

GNI

NNI        

None of the above

5. Which of the following measure the real growth of the economy?

GDP at constant prices 

DP at current prices

NDP at current prices  

GNI

6. Which of the following is the sum of all income actually received by the people in the country?

Personal income 

National income 

GDP    

GNI

7. On which side of the following curve there is excess supply in the goods market?

Right side of IS curve

Left side of IS curve

Right side of LM curve

Left side of LM curve

8. Which of the following is the slope of IS curve?

Negative slope

Positive slope

Direct slope

None of the above

9. In which of the following case LM curve is horizontal?

Classical case 

Crowding out case

Liquidity trap 

None of the above

10. Phillips curve brings out tradeoff between

Wages and employment 

Inflation and unemployment

Inflation and value of money 

Wages

11. Stagflation brings down

Price 

Employment

Both (a) and (b)

Income

12. Which of the following is not a direct cause of demand -pull inflation?

Deficit financing 

Credit creation

Scarcity of raw material 

Black money

13. During inflation

Value of money increase

Value of money remains constant

Value of money declines

Both (a) and (b)

14. In cost push inflation the supply curve shifts to the 

Left  

Right

Horizontally Upward 

Vertically

Answered by kaylibates
2

Answer:

c is the answer

Explanation:

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