Answer:
The answer is B.
Explanation:
Gross Domestic Product (GDP) is the total market value of all the final goods and services produced within a sovereign nation(country) during a given period of time usually a year.
Gross Domestic Product (GDP) can be calculated using expenditure method or income method or value-added method.
To analyze this question, expenditure method will be used. The formula is C + I + G + (X-M)
where C is the consumer spending
I is the business investments
G is the government spending
X is the exports
M is the imports.
Government has injected $200 billion into the economy through its spending.
This $200 billion is gotten from an increase in taxes, meaning consumers' disposable income has reduced by this amount.
Therefore, $200 billion will still be the incremental amount to the GDP
Answer:
c. $240,000
Explanation:
Her economic profit is given by her revenue deducted by the explicit costs (I=$150,000) and implicit costs (opportunity cost).
Her monthly revenue is:
Her opportunity cost is:
Her economic profit is:
The answer is c. $240,000.
Edie's contract includes an <u>Appraisal contingency </u>, it gives her the right to pull out of the deal if the house doesn't appraise at the agreed upon sale price.
A property's appraised value is determined by a professional real estate appraiser. As opposed to this, buyers determine a property's market value by paying whatever price they are willing to pay for it. An offer is subject to a contingency if a certain condition is not met. To put it another way, it functions similarly to a safety net. If the appraised value of the property is lower than the purchase price, the buyer can back out of the contract and keep the down payment. The home's true market worth is established through an appraisal.
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Reformation would be most effective in the case of Fred and Wilma.
<h3>What is the contract?</h3>
A promise that is enforceable by law is a contract. The commitment could be to carry out or abstain from a certain action. A contract must be made by two or more parties who must agree to it, with one of them typically making a proposal and the others accepting it.
The contract will be reformed as this was an error that was made with regard to the amount of $44 instead of $4. Fred was at a mistake but the change is going to happen with the same cause.
When an error has been made in a compact, the tribunal has the equitable authority to reconstruct it to match the parties' real intentions.
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In putting in so much effort to find out about his competition and the products they offer, Dakari is most likely a. evaluating opportunities
There are several ways to learn about new opportunities in the market and some of them include:
- Finding out what your customers want
- Finding out what the trends your industry is moving towards
- Finding out what your competitors are up to
Your competitors will constantly be trying to make better products in order to capture more market share. You can therefore look at what they are doing to find out what new thing you can be doing.
This is what Mr. Dakari is doing so we can conclude that he is evaluating opportunities.
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