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3 years ago

It is natural for people to forget to do things, especially if the tasks are not interesting.

2 answers:

8 0

jok3333 [9.3K]3 years ago

7 0

Yes to a certain point.

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Residential Investment Payments of Factor Income to the rest of the world National Income Inventory Adjustment 0.00 Personal Con

Ivanshal [37]

Please find full question attached

Answer and Explanation:

Gross domestic product is calculated:

Gross Domestic Product(GDP) = Gross National Product (GNP) - Receipts of factor income from rest of the world + Payments of factor income to the rest of the world

So to find GDP, we calculate GNP

GNP = NNP+Depreciation

To calculate GNP, we calculate NNP:

Net national product (NNP) =national income, so we have,

NNP = $2,445 billion

GNP = NNP + Depreciation = $2,445+$75

GNP = $2,520 billion

So we substitute in GDP formula to calculate GDP

GDP = 2,520 - 70 + 50 = $2500 billion

GDP = $2,500 billion

Government consumption and gross investment= Government transfer payments + Non-residential investments

Government consumption and gross investment is given by G

G = 200+250 = $450 billion

G = $450 billion

3 0

3 years ago

Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a

irga5000 [103]

Answer: Option (d) is correct.

Explanation:

Correct Option: Marginal revenue equals marginal cost.

Pure monopoly is a market situation in which there is a single firm who are producing the goods and these goods are the close substitute. There is no other firm in the market. So, the monopoly firm is the price setter.

The output level that is produced by the profit maximizing monopoly firm is at a point where marginal revenue is equal to the marginal cost. It is the same profit maximizing condition that a competitive firm also utilize to find their equilibrium level of output.

3 0

3 years ago

Durable Goods $1,250 Nondurable Goods $2,130 Services $9,000 Fixed Investment $1,800 Changes to Business Inventory $135 Investme

Anettt [7]

Answer:

Given that,

Durable Goods = $1,250

Non-durable Goods = $2,130

Services = $9,000

Fixed Investment = $1,800

Changes to Business Inventory = $135

Investment in Stocks & Bonds = $15,500

Federal Government Purchases = $1,800

State/Local Government Purchases = $1,700

Transfer Payments = $675

Exports from the United States = $2,100

Imports into the United States = $2,400

(a) Consumption, C = durable goods + non-durable goods + services

= $1,250 + $2,130 + $9,000

= $12,380

(b) Private investment, I = Fixed investment + change in inventory + Investment in stocks/bonds

= $1,800 + $135 + $15,500

= $17,435

(c) Government spending, G = Federal government purchase + state/local government purchase

= $1,800 + $1,700

= $3,500

(d) Net exports = Exports - Imports

= $2,100 - $2,400

= -($300)

GDP = C + I + G + NX

= $12,380 + $17,435 + $3,500 + (-$300)

= $33,015

7 0

3 years ago

Consider the economy of Arcadia. Its households spend 75% of increases in their income. There are no taxes and no foreign trade.

Varvara68 [4.7K]

Answer:

Consider the economy of Arcadia. Its households spend 75% of increases in their income. There are no taxes and no foreign trade. Its currency is the are. Potential output Is 600 billion arcs (Scenario: Fiscal Policy) Look at the scenario Fiscal Policy. If actual output Is 500 billion arcs, to restore the economy to potential output government should by 25 billion arcs.

increase taxes

Explanation:

8 0

3 years ago

The United States government sometimes has to interfere with the economy. Why would the government initiate an antitrust suit ag

Ilya [14]

Answer:

Explanation:

8 0

3 years ago