Answer:
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Answer:
d. $1,000
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP = Consumption spending by households on durable and non durable goods and services + Investment spending by businesses + Government Spending + Net Export
Consumption spending = $200 + $200 + $100 = $500
Investment spending = $200 + $(500 - 400) = $300
Government spending = $200 + $100 = $300
Transfer payments aren't included in the calculation of GDP. So, the $200 spent on welfare and unemployment benefits and $300 on social security payments isn't included in the calculation of GDP.
Net export = Export- Import = $400 - $500 = $-100
GDP = $500 + $300 + $300 - $100 = $1000
I hope my answer helps you
Answer:
A) positive externalities
Explanation:
Positive Externalities represents a level of benefit that external or third parties can enjoy as a result of a a research or an economic transaction. It is the benefits that competitors in a business line for instance, can enjoy as a result of the technological breakthrough in product or process by a business.
In other words, as in the question, while Bell Laboratories developed the laser technology, competitors and other businesses have been able to incorporate the developed technology in various applications including data transmission, medical use among others.
Therefore, although they didn't develop the technology, they benefit from its development
Explanation:
The government may also adjust spending, tax rates, or introduce tax incentives. ... As a result, these elected members of the government have a great deal of influence on the economy. Fiscal and monetary policies are intended to either slow down or ramp up the speed of the economy's rate of growth
Answer:
Hugo Münsterberg
Explanation:
Based on the information provided within the question it can be said that Colleen should learn more about Hugo Münsterberg. Münsterberg was a German-American psychologist who is considered to be the Father of Industrial and Organizational Psychology. This field deals with studying, analyzing, and understanding human behavior in the workplace, as well as how and why they function the way they do.