a country has export sales of $50 billion, government purchases of $2,500 billion, business investment of $30 billion, imports of $75 billion, and consumption spending of $3,100 billion. what is the dollar value of gdp?
Answers
The GDP of this nation is $5,605 billion in dollars. GDP measures the total economic output of a nation over a given time period, including all goods and services. It serves as an indicator of economic activity within a given economy.
The total of all the expenditure categories—consumption spending (C), government purchases (G), business investments (I), exports (X), and imports (M)—must be added up in order to determine the GDP (Gross Domestic Product) in dollars.
We know:
Export sales (X) = $50 billion
Government purchases (G) = $2,500 billion
Business investment (I) = $30 billion
Imports (M) = $75 billion
Consumption spending (C) = $3,100 billion
GDP = C + G + I + (X - M)
Plugging in the values:
GDP = $3,100 billion + $2,500 billion + $30 billion + ($50 billion - $75 billion)
GDP = $3,100 billion + $2,500 billion + $30 billion - $25 billion
GDP = $5,605 billion
Therefore, the dollar value of GDP in this country is $5,605 billion. GDP represents the total value of goods and services produced within a country's borders during a specific time period. It is a measure of the economic activity within an economy.
The components of GDP, such as consumption, government spending, investment, and net exports, provide insights into the overall health and performance of an economy.
In this case, the country's GDP is calculated by summing up consumption spending, government purchases, business investment, and net exports (exports minus imports).
This calculation helps policymakers, economists, and businesses to understand the size and growth of the economy, assess its productivity, and make informed decisions regarding economic policies, investments, and trade.
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Related Questions
In
, people invest money in a company in exchange for the company’s
.
Answers
Answer:
In equity crowdfunding, people invest money in a company in exchange for the company’s shares
Explanation:
Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.
Startups and early-stage companies use this method to raise capital.
In the united states, who receives the goods and services produced depends largely on?
Answers
In the united states, who receives the goods and services produced depends largely on how income is distributed. Income distribution refers to how a nation's population is divided among its total GDP. Income and its distribution have long been seen as a primary priority in economic theory and policy. Economic inequality is brought on by unequal income distribution and is a problem in practically every nation on earth.
The income distribution among the main production factors (land, labour and capital). Although they have concentrated more on how income is distributed among people and households, modern economists have also addressed concerns of income distribution. The balance between income inequality and economic growth, and their frequently antagonistic relationship, are significant theoretical and policy challenges.
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The percentage change in quantity demanded relative to a percentage change in price is known as ______.
Answers
Answer:
Price elasticity
Price elasticity of demand.
The price elasticity of demand refers to the degree of responsiveness of quantity demand to changes in price. Price change can impact the demand and in turn affect the supply of certain goods.
This also measures how price react to changes in consumer demand for certain products. For instance, a change in the price of luxury item such as car, can cause a change in the quantity demanded of such luxury items.
Hence, Price elasticity of demand is the percentage change in quantity demanded relative to a percentage change in price.
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how much money does a therapyst make an hour/ and how much would they make in a year
Answers
a year = the median annual salary for clinical, counseling, and school psychologists was $85,340 per year, according to the Bureau of Labor Statistics. The lowest 10 percent of workers earned less than $44,040, and the highest 10 percent earned more than $129,310.
Answer:
Explanation:they make 1,000 dollars per hour. I don’t know how much in a year.
Shareholders are selfless benefactors who are interested only in the growth of the business.
True
False
Answers
Answer:
FALSE
Explanation:
Shareholders can definitely be interested in the growth of the business as well as other aspects.
How did the New Deal programs change the role of the government?
Answers
In the short term, the New Deal program helped improve the lives of those afflicted by the Great Depression. In the long term, the New Deal program will set a precedent for the federal government to play a significant role in the country's economic and social affairs.
The New Deal promised by Roosevelt to the American people began to take shape shortly after his inauguration in March 1933. Based on the assumption that federal power was needed to pull the country out of recession, the Bank Reform Act, the Emergency Relief Program, the Labor Relief Program, and the Agriculture Program were passed in the early years of the Roosevelt administration. . A second New Deal was later developed. This included union protection programs, social security legislation, and programs to support tenant farmers and migrant workers. Many of the acts and institutions of the New Deal have become known by their acronyms. For example, Works Progress Administration was known as his WPA, and Civilian Conservation Corps was known as his CCC. Many said the New Deal program reminded them of alphabet soup.
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When a firm decides to use skilled professionals to produce its output, what question is the firm answering? When a firm decides to produce organic fruit rather than non dash organic fruit , what question is the firm answering? When we find out who gets the goods and services that are produced, what question is being answered?
Answers
Answer:
The correct answers are "How?"; "What?"; and "Who?" respectively.
Explanation:
To begin with, in the economics science there is a big importance that the professionals of the area give to answering the questions mentioned before. Those questions are: "What to produce?"; "How to produce it?" and "To who we produce it to?". And the importance in that resides in the fact that the economy itself as a whole and therefore the companies and small producers among them need to understand what are they going to produce for the economy, to who they will sell it to and how will the produce it.
In conclusion, when the firm decides to use skilled professionals to produce its output they are answering the question of "How?". When the firm decides to produce organic fruit rather than non dash organic fruit, then they are answering the question of "What?". And the when the firm finds out who gets the goods and services that are produced, they are answering the question of "Who?".
air transport is not dense in
Answers
Answer:
La niebla
Explanation
Answer:
Stratosphere
Explanation:
Dodd-Frank addressed many of the issues that led to the financial crisis. Which of the following was NOT addressed by Dodd-Frank regulations?
resolution authority over the large financial institutions
privately owned, government-sponsored enterprises (GSEs) such as Fannie mae and Freddie Mac
stricter consumer protection laws
higher requirements on firms dealing in derivatives
Answers
Dodd-Frank addressed many of the issues that led to the financial crisis. The following that was not addressed by Dodd-Frank regulations is privately owned, government-sponsored enterprises (GSEs) such as Fannie mae and Freddie Mac. The correct option is b.
The Dodd-Frank Act targeted financial system sectors thought to be responsible for the 2007-2008 financial crisis.
Prior to 2007, lax regulations encouraged extremely risky lending practises, resulting in a housing sector bubble that eventually burst, causing the global crisis, the need for public bailouts of financial institutions, as well as the recession. Banks, insurance companies, investment banking firms, mortgage lenders, and credit rating agencies were among the institutions blamed for the 2007-2008 financial crisis.
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A new supermarket is being built. The country has required the owner to designate at least eight handicap parking spaces. The county installed a sign in front of each space to indicate that it is reserved for vehicles with a proper sticker. The sign also announces a $250 fine for violators.
The intention behind the sign is to announce to the community at large that there will be a stiff penalty to pay for violating the rule. The belief is that drivers who risk a small fine by parking illegally elsewhere, such as against the curb, will not risk the large fine for parking illegally in the handicap spaces. This point of view is known as ____________.
Answers
Answer: General deterrence
Explanation:
Based on the information given, the point of view is known as general deterrence.
General deterrence is the effect of a threat regarding legal punishment on everyone in the society or the public at large. The aim of general deterrence is to send a message to the public and this is done by making them fearful of the consequences when they commit a particular crime. In this case, the fine of $250 is to make the public fearful of violation of the rule.
Which of the following strategies is used in the following ad:
A. famous association
B. join the bandwagon
C. promotional deal
D. repetition
Answers
Answer:
a
Explanation:
The economic survey 2018 suggest that the psychological biases
can be used in the realm of tax compliance. It is in favour of using
religious norms such “dying in debt is a sin” to improve tax
compliance.
Identify the related dimensions of business environment.
Answer
(a) Legal and social dimension
(b) Social, and economic dimension
(c) Technological and political dimension
(d) Political and economic dimension
Answers
Answer: (a) Legal and social dimension
Explanation:
The Legal dimension of the business environment deals with laws and regulations governing the business environment. Tax compliance will therefore fall under this dimension.
The social dimension includes social structures like culture, tradition and the like. Using religious norms will therefore fall under here as religion falls under social structures.
Explain why a business needs to keep variable costs low and high variable costs impact the business.
Answers
Answer:
if they have a high variable cost, the business will make no money and would probably start to loose money, to the point where they go out of business. So they have to keep the variable cost low, manufacture their products with a low price, and sell their products high to make money and keep the business going.
Click this link to view O*NET’s Work Context section for Financial Analysts. Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to O*NET, what are some common work contexts for Financial Analysts? Check all that apply.
a. indoors, environmentally controlled
b. face-to-face discussions
c. electronic mail
d. extremely bright lighting
e. cramped work space
f. spend time bending or twisting the body
Answers
The work context for financial analysts includes indoors, environmentally controlled, face-to-face discussions, and electronic mail.
Financial analysts are involved in the duties to provide businesses with guidance regarding their fund management, the performance of financial instruments, and financial market assessment.
According to O*NET, financial analyst performs their activities in indoor premises that have a controlling work environment in terms of work ethics and culture.
Another task of financial analysts is to have face-to-face discussions while meetings or presentations with investors and clients of the business regarding business financial goals and profitability.
Electronic mail is also used by analysts to coordinate with other departments and gather financial information.
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Answer:A,B,F
Explanation:Trust
What are a potential downfalls of mall intercept interviews and
computer assisted self-interviews? Is it possible for a marketing
study to be completely error-proof?
Answers
Mall intercept interviews and computer-assisted self-interviews both have potential downfalls.
1. These interviews have specific disadvantages, which are listed below:
Mall intercept interviews:
Expensive:
They are expensive because the individuals who conduct these interviews require specialized training and experience to extract the relevant data from the respondents and cannot be hired cheaply.
Security:
Many times, the shopping malls do not allow the mall intercept interviewees to ask questions because they might cause disruptions in the mall's operations or upset shoppers.
Respondent Selection:
Many times, the respondents who agree to participate are not a representative sample and, thus, do not represent the mall's customer population.
Computer-assisted self-interviews (CASI):
Technology Failure:
The CASI program or machine might malfunction, resulting in the loss of all data collected during the interview.
Respondent Selection:
Similar to mall intercept interviews, self-selecting respondents might not be a representative sample and may not provide accurate results.
As a result, the findings would not be generalizable.
2. Is it possible for a marketing study to be completely error-proof?
A marketing study may never be completely error-proof.
Sampling errors, non-sampling errors, measurement errors, and other errors in the research process may cause data to be misreported, misrepresented, or misanalyzed.
Therefore, it is difficult to attain 100% error-free research.
However, appropriate safeguards, quality controls, and procedural checks may be put in place to minimize the risk of errors and ensure that data is as accurate as feasible.
These measures help increase the research's trustworthiness and validity.
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Francois deposits $350.00 in a savings account. The account pays an annual interest rate of 4.3%. He makes no other deposits or withdrawals. After 3 months, the interest is calculated. How much simple interest did his money earn?
Answers
Answer:
$3.7625
Explanation:
Simple interest is calculated as
Interest = P x r x t
Where
p = principal amount.. $350
r= interest rate: 4.3% or 0.043
t= time in years: 3 months or 3/12 =0.25 years
Interest = $350 x 0.043 x 0.25
=$3.7625
Choose the best definition for the word continent.
A. One of the world's four largest bodies of water.
B. A measurement of a location's distance to the north or south of the Earth's Equator.
C. The art of using measurements to move from one location to another.
D. One of the earth's seven large land masses.
Answers
Expansion: defined as one of the seven main land masses on Earth.
As part of the initial investment, Ray Blake contributes equipment that had originally cost $97,300 and on which accumulated depreciation of $72,975 has been recorded. If similar equipment would cost $140,300 to replace and the partners agree on a valuation of $48,800 for the contributed equipment, what amount should be debited to the equipment account
Answers
Answer:
$48,800
Explanation:
the computation of the amount that should be debited to the equipment account is as follows:
Given that
The cost of an equipment is $97,300
the accumulated depreciation is $72,975
The replacement cost is $140,300
And, the valuation of the equipment is $48,800
So based on the above information, the amount that should be debited is equivalent to the valuation of the equipment i.e. $48,800
30 points please help!
Olive's organic Baby food believes their reputation is being put down by a competitor because of their untruthful advertising. Which of the following types of business tort is this?
a. fra ud
b. crim inal
c. defam ation
Answers
Answer:
i believe is fraud
Explanation:
if you find it helpful pls give me the points
2. how many shares of common stock are outstanding at year-end? 3. what is the total paid-in capital at year-end?
Answers
Answer:2)20,000
3)650,000
Explanation:
At year's conclusion, the number of outstanding common shares is calculated as follows: ($250,000+125,000+50,000+75,000) / $25.
At the conclusion of the year, there were 20,000 shares of common stock outstanding ($500,000 / $25).
Common stock plus Paid-in Capital Exceeding Par Value = Total Paid-In Capital at Year End
At the conclusion of the year, the total paid-in capital was equal to $(20,000*$25) + (50,000+25,000+30,000+45,000).
At year's conclusion, paid-in capital was equal to $650,000 ($500,000 plus $150,000).
At year's end, book value per common share was equal to $695,000 divided by 20,000, or $34.75 per share.
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normal approx to the sampling distribution of B1 is powerful because
Answers
The normal approximation to the sampling distribution of B1 is a powerful tool because it allows for the estimation of the standard error of the regression coefficient.
The normal approximation assumes that the distribution of B1 is approximately normal, which is often the case due to the central limit theorem, and this assumption allows for the use of statistical techniques that rely on normality, such as t-tests and z-tests.
Furthermore, the normal approximation to the sampling distribution of B1 can be used to assess the significance of the regression coefficient and determine if it is different from zero, indicating that the independent variable has a significant effect on the dependent variable.
In addition, the normal approximation to the sampling distribution of B1 allows for the construction of confidence intervals, which can provide information about the precision of the estimated regression coefficient.
Confidence intervals can be used to estimate the range of plausible values for the regression coefficient, which can be useful for interpreting the results of a regression analysis and communicating those results to others.
Overall, the normal approximation to the sampling distribution of B1 is a powerful tool that allows for the estimation of the standard error of the regression coefficient, hypothesis testing, confidence interval construction, and the assessment of the significance of the regression coefficient.
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management tries to maintain consistent, regular dividend distributions to encourage any dividend cuts in the future and prevent a negative signaling effect. true false
Answers
Management tries to maintain consistent, regular dividend distributions to encourage any dividend cuts in the future and prevent a negative signaling effect. - true
management consists of the sports of putting the approach of an organisation and coordinating the efforts of its personnel (or of volunteers) to perform its goals through the application of to be had sources, consisting of financial, natural, technological, and human sources. "Run the commercial enterprise"[1] and "alternate the enterprise" are two principles which are utilized in control to distinguish between the continuing shipping of products or offerings and adapting of products or services to satisfy the converting needs of clients - see fashion. The term "management" may additionally talk over with the ones individuals who control an employer—managers.
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Sheridan investments manufactures protective cases for MP3 players. During November, the companies workers clocked 830 more direct labor hours than the flexible budget amount of 25,820 hours to complete 117,900 cases for the Christmas season all workers are paid $9.08 per hour, which was $.52 less than the standard wage rate. Calculate Sheridans direct labor efficiency variance . favorable or unfavorable?
Answers
Sheridan Investments, a manufacturer of MP3 player cases, exceeded the flexible budgeted direct labor hours by 830 in November while producing 117,900 cases for the Christmas season.
To calculate the direct labor efficiency variance, we need to determine the difference between the actual direct labor hours and the standard hours allowed for the production of the MP3 player cases.
Standard direct labor hours can be calculated by dividing the total standard hours allowed by the number of cases produced. In this case, the standard hours per case would be 25,820 hours divided by 117,900 cases, which equals approximately 0.219 hours per case.
The standard hours for the actual production of 117,900 cases would be 117,900 multiplied by 0.219, resulting in 25,850.1 standard hours.
Given that the workers clocked 830 more hours than the flexible budget amount of 25,820 hours, the actual direct labor hours would be 25,820 hours + 830 hours = 26,650 hours.
The direct labor efficiency variance can be calculated by subtracting the standard hours from the actual hours and then multiplying the difference by the standard wage rate.
(26,650 - 25,850.1) x $9.08 = $726.768
Since the actual direct labor hours exceeded the standard hours, the direct labor efficiency variance is unfavorable, indicating that more labor hours were used than anticipated.
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NEWS ARTICLE REVIEWS not more than 14
Days OLD, SALES ARTICLES, BUSINESS
MANAGEMENT ARTICLES, MARKETING
ARTICLES, ETC. the NEWS ARTICLE must
come from a Business Publication, Wall Street
Journal. New York Times, Fortune Magazine,
etc. Submit as a Pdf. Submit Summary of News
Article with Attachment for Orginal News
Article or Link.
Answers
Composing a news article review entails giving an article a critical analysis and expressing your perspective on it.
Here are some guidelines for writing a review of a news piece.Thoroughly read the newsIdentify the key pointsEvaluate the articleExpress your opinionConcludeHence, it can be seen that it takes thorough reading, critical thought, and the capacity to articulate your opinions succinctly to write a news article review. These methods will help you write a thorough review that offers insightful commentary on the news piece.
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Rent and insurance are ex
examples of what type of cost?
Answers
Answer:
Fixed cost
Explanation:
RICHMOND AUTO keeps a list of cars models with information about the manufacturer, model, and year.
RICHMOND AUTO keeps several parts in stock. A part has a part ID, description, unit price, and quantity on hand. A part can be used for many car models, and a car model has many parts.
All customers have a customer ID, a name, an address, a phone number, a default shipping address, a date of last purchase, and a date of last payment.
A retail customer normally pays by credit card and is charged the list price for each purchased item. Therefore, retail customers have the customer attributes, plus the credit card type, credit card number, expiration date, and e-mail address.
A wholesale customer normally pays via purchase order with terms of net 30 days and is charged a discounted price for each item purchased. Therefore, wholesale customers have the customer attributes, plus a contact name, contact phone number, contact e-mail address, purchase order number and date, discount percentage, billing address, tax status (if exempt), and tax identification number.
A customer (retail or wholesale) can place many orders. Each order has an order number; a date; a shipping address; a billing address; and a list of part codes, quantities, unit prices, and extended line totals. Each order also has a sales representative ID (an employee) to identify the person who made the sale, an order subtotal, an order tax total, a shipping cost, a shipping date, an order total cost, an order total paid, and an order status (open, closed, or cancel).
RICHMOND AUTO keeps the record of a customer’s payments including payment date, amount, type, and reference.
Could you please assist with the making of an ERD based off of these business rules
Answers
The Entity Relationship Diagram (ERD) is a diagrammatic tool that represents the interrelationships between different elements within a database. An ERD can help to visualize a system or database, from which a set of requirements can be generated. It is used in designing a relational database and is known as an ERD (Entity Relationship Diagram).
The ERD for Richmond Auto is presented in the following figure. The following are the different entities in the Richmond Auto database:
Car Model
Manufacturer
Part
Wholesale Customer
Retail Customer
Customer
Payment
Order
Sales Representative
The relationships between these entities are described below:
Each manufacturer has many car models.
A car model can be made by many manufacturers.
A car model can have many parts.
A part can be used in many car models.
Many customers can place many orders.
An order can be placed by one customer.
A customer can make many payments.
A sales representative can handle many orders, but one order can only be handled by one sales representative.
Therefore, based on the given business rules, we have drawn the ERD for Richmond Auto.
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Explain one disadvantage of selling shares as a source of raising finance in a private limited company.
Answers
Answer:
see below
Explanation:
By shares are sold ,the new shareholders become part owners in the company. They get rights to vote, and share in the profits of the business. The right to vote influences who becomes a member to the board of directors.
By shelling shares, the founders of business gives away their controlling rights. Investors may choose directors that oppose founders. In some circumstances, investors kicked out founders from the business.
Why do companies offer Benefits & Incentives to their employees when
they are not required by law to do so?
Answers
In law, Salary or wages are the compulsory incentives an employee or worker of labor is entitled to, for services offered to the company.
The use of Benefits and Incentives serves as External Motivator for employees.Some companies offers its employees a prize if they can achieved a certain target or goals,
In conclusion, the act of giving incentives does not only motivates them, but it serves as techniques to make employee stay longer at the company.
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Of the four consumer protection groups listed below, identify which groups are government agencies and which are non-governmental. I. Better Business Bureau II. Consumer Product Safety Commission III. Consumers Union IV. Food and Drug Administration a. I and II are governmental; III and IV are not. b. II and III are governmental; I and IV are not. c. II and IV are governmental; I and III are not. d. III and IV are governmental; I and II are not. Please select the best answer from the choices provided A B C D
Answers
Answer:
c. II and IV are governmental; I and III are not.
Explanation:
A government agency is usually a permanent organization established by either a state or national government in a federal system. They are established by legislative or executive powers for oversight and administration of specific functions. Examples of government agencies are Food and Drugs Administration (FDA), Consumer Product Safety Commission, Intelligence, Finance and Communications agency.
Non-governmental agency usually referred to as NGOs is a non-profit.
Of the four consumer protection groups listed above, Consumer Product Safety Commission and Food and Drug Administration are governmental; Better Business Bureau and Consumers Union are not.
Answer:
the answer is C
II and IV are governmental; I and III are not.
Explanation:i took the test
managers must evaluate both the need and the necessary tactics for persuasively communicating a strategy in five different directions: upward, downward, across, inward, and outward.
T/F
Answers
True. Managers must evaluate the need and necessary tactics for persuasively communicating a strategy in five different directions: upward, downward, across, inward, and outward.
This is important for effective implementation and coordination within an organization. Upward communication involves sharing information with higher-level managers and executives. This is crucial for gaining support and ensuring alignment with overall organizational goals. Downward communication entails disseminating information to subordinates, providing direction, and ensuring that they understand their roles and responsibilities. Clear downward communication contributes to the smooth execution of tasks. Across communication refers to sharing information with colleagues at the same level in different departments or units. This is essential for fostering collaboration and teamwork, and for avoiding duplicated efforts or potential conflicts. Inward communication focuses on self-reflection and personal improvement. Managers need to evaluate their own performance and identify areas for growth to ensure they effectively lead and inspire their teams. Outward communication involves sharing information with external stakeholders such as customers, partners, or suppliers. Effective outward communication can help build strong relationships, enhance brand image, and improve overall organizational performance. In summary, persuasive communication in these five directions is vital for a manager to successfully implement strategies and ensure a well-functioning organization.
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