Answer:
A nation's GDP is______D________.
A) The sum of value added at some stage of the production process
B) The total amount of money in circulation
C) The total market value of all intermediate goods and services
D) C+I+G+(X-M)
Explanation:
A nation's GDP( Gross Domestic Product) can be explained in such that if a nation produces goods and services at a given period of time the nation's GDP is the market value of the goods and service produced at the given time.GDP of a nation is measred in two ways either expenditure approach or income approach. based on the question the Expenditure approach is used in the definition C+I+G+(X-M)
C ....... CONSUMPTION
I............INVESTMENT
G........... GOVERMENT PURCHASE
X-M............ NET EXPORT
Answer:
Change in Reserves: <u>–$30 </u>
Change in Deposits: <u>–$300 </u>
Change in Loans: <u>–$270 </u>
Explanation:
The calculation of each element of the balance sheet is as follows:
Change in Reserves = Amount withdrawn by Ava * Reserve requirement faced by Second Bank = $300 * 10% = $30. This is a reduction and will be negative in the Second Bank's Balance Sheet.
Change in Deposits = Amount withdrawn by Ava = $300. This is a reduction and will be negative in the Second Bank's Balance Sheet.
Change in loan = Amount withdrawn by Ava - Change in Reserves = $300 - $30 = $270. This is a reduction and will be negative in the Second Bank's Balance Sheet.
Answer:
Market testing
Explanation:
Market testing is the phase in a product development where the market is tested for how well the potential new product will be accepted before it is finally produced in a large volume.
The prototype version of this product can be used for this purpose alongside a potentially suitable advertisement method .
The response of the market to this practice suggest the next line action for the producer , whether to go on with the production or make some improvement or totally abort the production plan
