The real GDP will decrease by $500 billion.
<h3>
What is GDP?</h3>
A country's gross domestic product (GDP) is the sum of the market values of all the finished goods and services produced within its borders during a specific time period. As a general measure of all domestic production, it provides a comprehensive evaluation of the economic health of a specific nation. GDP is frequently calculated on an annual basis, although it is also occasionally approximated on a quarterly basis. For example, the US government generates an annualised GDP estimate for the entire year as well as each fiscal quarter. Each item of data in this report is supplied in actual terms, which allows for the calculation of the data to account for price changes. The result is data that is net of inflation.
To learn more about GDP, visit:
brainly.com/question/15682765
#SPJ4
Answer:
Genie will have better access to highly skilled human capital at a lower cost.
Explanation:
During times of economic downturn, the rate of unemployment rises due to reduced production by firms in the economy. When the economy slows down, consumption drops, leading to reduced demand for goods and services. A reduction in demand forces organizations to cut down production, and consequently laying off workers.
Service and manufacturing industries do not create employment opportunities during economic downturns. As a result, college graduates cannot find jobs, which increases unemployment. An increase in unemployment and a low supply of jobs leads to a reduction in wage rates. Genie software will, therefore, be able to find highly qualified employees at a lower cost during times of economic downturns.
Answer:
quantity
Explanation:
An import quota is a restriction on the quantity of products that can be import to a country. This measure protects domestic production and assure a bigger share of it in the market for local companies
Answer:
a-1// 8,979.49
a-2// 9613.14
b-1// 5,154.36
b-2// 4,676.51
Explanation:
We will calculate each present value using the formula for present value of an ordinary annuity:
a-1
C 1,025
time 11
rate 0.04
PV $8,979.4886
a-2
C 825
time 16
rate 0.04
PV $9,613.1439
b-1
C 1,025
time 11
rate 0.16
PV $5,154.3605
b-2
C 825
time 16
rate 0.16
PV $4,676.5098
Answer:
the monthly paiment will be: $ 248.85
Explanation:
Total principal paid will be :$ 10,000
Total interest paid: $ 1,944.82
Month 1 :
Payment;248.85 Principal: 173.85 Interest: 75.00 Balance: 9,826.15
Month 2:
Payment:$248.85 Principal $175.15 Interest $73.70 Total interest $148.70 Balance $9,651.0
And so on...
Mont 48:
JPayment: $248.85 Principal$247.00 Interest: $1.85 Total interest:$1,944.82 Balance:$0.00
