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3 years ago

Nominal GDP, Exports, and Imports

Business

1 answer:

yKpoI14uk [10]3 years ago

6 0

Answer:

Net Exports 2015 are - $471.4 billion.

Net Exports 2016 are - $552.1 billion.

Explanation:

The net exports for a country is the difference between the value of exports and the value of imports of a country over a certain period of time. The amount of net exports can be wither positive or negative depending upon the value of exports being in excess of the value of imports or not. The formula for net exports is,

Net Exports = Value of Exports - Value of Imports

Net Exports for 2015 = 2344 - 2815.4

Net Exports for 2015 = - $471.4 billion

Net Exports for 2016 = 2372.7 - 2924.8

Net Exports for 2016 = - $552.1 billion

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No insurance coverage.

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The statements are:

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3 years ago

Telecomp is a U.S.-based manufacturer of cellular telephones. It is planning to build a new manufacturing and distribution facil

neonofarm [45]

Answer:

a. Maximin = 19.0

b. Minimax = 17.6

c. Hurwicz ( 0.40) = Taiwan

d. Equal likelihood = Taiwan

Explanation:

Remember, we are told to: Note that since the payoff is cost, the maximax criteria becomes minimax and maximin becomes minimax

a) Maximin: Since the payoff is cost, we begin by determining the maximum cost for each alternative and then selecting the one which gives the minimum of these maximums. (minimax)

b) Minimax: Since the payoff is cost, we begin by determining the minimum cost for each alternative and then selecting the one which gives the maximum of these minimums. (maximin).

c) Hurwicz (0.40): In this method, we add and multiply each payoff value by alpha (0.4).

South Korea = 15.2 (0.4) + 21.7 (0.6) = 19.1 ( remember, in $ millions)

China = 17.6 (0.4) + 19.0 (0.6) = 18.44

Taiwan = 14.9 (0.4) + 19.2 (0.6) = 17.48

Poland = 13.8 (0.4) + 22.5 (0.6) = 19.02

Mexico = 12.5 (0.4) + 25.0 (0.6) = 20

From the values above we select the minimum outcome since the company is looking at saving cost. Which is Taiwan; having the lowest cost of $17.48 million.

d) Using the formula $\frac{P_{1} +P_{2}+P_{3}...P_{n} }{n}$ where P = payoffs value, n = number of events.

South Korea = 15.2 + 21.7 + 19.1 /3 = 18.66

China = 17.6 + 19.0 + 18.5 /3 = 18.36

Taiwan = 14.9 + 19.2 +17.1 /3 = 17.06

Poland = 13.8 + 22.5 + 16.8 /3 = 17.7

Mexico = 12.5 + 25.0 + 21.2 /3 = 19.56

Taiwan should be selected since it has the lowest cost of $17.06 million.

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2 years ago

interest cost (the increase in pension costs due to the passage of time), the expected return on plan assets (the amount that ma

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Answer:

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2 years ago

Haskins Company employs material handling employees who move materials between production divisions at a labor cost of $360,000

Marianna [84]

Answer:

correct option is a. $36,000

Explanation:

given data

labor cost = $360,000

move material per year = 600,000 pounds

to find out

material handling cost

solution

we find here first Labor Cost per pound of material that is express as

Labor Cost per pound of material = Labor Cost ÷ Number of Pounds of material .......................1

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Labor Cost per pound of material = $ .6 per pound of material

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so we can say that 60000 pounds are moved in March so cost will be

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60000 pounds are move cost = $36000

so correct option is a. $36,000

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3 years ago