Answer:
The correct option is C ,$15,300
Explanation:
GDP is a short form of Gross Domestic Product which is an indicator of total goods produced in an economy in a period of one year.
Using the expenditure method,GDP van be computed using the below formula:
GDP=C+I+G+(X-M)
C is the consumption in the economy which is $9000
I is the level of investment at $3,000
G is the government expenditure of $3,500
X is the export of $2,500
M is the import of $2,700
GDP=$9000+$3000+$3500+($2500-$2700)
GDP=$15,300
Hence the GDP is $15,300
Answer:
exports more than it imports
Explanation:
Trade surplus is when export exceeds import.
Export is the sum total of goods and services sold to other countries. For example, if clothes are sold to China, it constitutes export.
Import is the sum total of goods and services bought from other countries. If a laptop manufactured in China is sold to someone in the US, this is import
Trade deficit is when a country imports more than it exports
Answer:
c. Offshoring.
Explanation:
Offshoring is the process by which an organisation relocates some of its business processes to another country. This is done to take gain a competitive advantage or to reduce cost. Operations such as manufacturing and accounting can be moved to another country.
Ernst & Young sets up operations in the Philippines and moves part of its tax services to the new facility to take advantage of the high quality talent pool there.
Answer:
1. Oligopoly
2. Monopolistic competition
Explanation:
Oligopoly is a state of limited competition, in which a market is shared by a small number of producers or sellers.
Monopoly is the exclusive possession or control of the supply of or trade in a commodity or service.
We must find <span>fixed payment amount, every period in case we know FV ( future value ) = 12000 and Interest = 10%
We use f</span><span>ormula :
FV= </span>A ×
A = <span>fixed payment amount, every period -----> finding
FV = 12000
i = 0.12
n = t</span><span>enure years = 18-12 = 6
and we found A = </span><span>1478.7</span>
