The percent change in real GDP is 17.65%
<h3>What is the GDP of an economy?</h3>
The gross domestic product (GDP) is the sum of all value contributed to a given economy. The value-added is the difference between the value of the products and services produced and the value of the goods and services required to produce them.
The percent change in real GDP can be calculated by using the formula:
= 17.65%
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<span>An operations manager is
most likely responsible for logistics in which this is involved with the
incoming flows of materials and how it goes out with the use of coordination
and these materials that are evaluated are from finished products.</span>
Answer:
$1,500
Explanation:
Domestic investment = $1500 billion
Private domestic savings = $3000 billion
Government deficit = $2000 billion
Rise in government spending = $1000 billion
Now,
Trade deficit =
Domestic investment - Private domestic saving - Government savings
also,
Total Government deficits = $2,000 + $1000
= $3,000
and,
Government savings = - Government deficits
= - $3,000
Now we know government deficit is 3000 billion and if spending increases further 1000 billion, the government deficit will be 4000 billion
thus,
Trade deficit = $1,500 - $3,000 - (- $3,000)
or
= $1,500
The response of local competitors was slow because they lacked the ability to marshal resources.
<u>Explanation:</u>
The focused cost leadership is a tactic in which businesses selling identical goods in a given market reduce their prices to raise sales and gain a competitive edge. Rather than sacrificing on value or already investing scarce resources to develop a commodity, reducing prices is a safer way to draw consumers. Walmart used such strategy to establish an edge in smaller communities but local competitors response was time taking as the resources were available but coordination among resources to result into proper manufacturing or servicing was lacking.
The safety and health guidelines at work focus on avoiding accidents in workers and performing optimal and adequate work.
<h3>What guidelines should an electrical worker follow?</h3>
The occupational health and safety guidelines depend on the activity to be carried out, since each set of guidelines is specifically designed to avoid accidents and contingencies in different contexts.
To guarantee safety in electrical procedures, companies must follow the following guidelines:
- Wear insulating shoes and gloves.
- Do not have metallic accessories such as chains, earrings, bracelets, among others.
- Work without power supply while manipulating electrical networks.
- Avoid working with electricity in wet places because liquids are good conductors of electricity.
- Analyze the electrical network before starting, to identify the relevant procedures to be carried out.
- Use a helmet, gloves, overalls, goggles and other personal protection elements.
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