1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
harina [27]
3 years ago
5

The government of Wrexington, a country which has adopted American GDP accounting conventions, has calculated that the seasonall

y-adjusted market value of all final goods and servicesproduced within Wrexington in quarter 1 was $5 billion. The government will report that GDP in quarter 1 was a.$1.25 billion at an annual rate.b.$4 billion at an annual rate.c.$5 billion at an annual rate.d.$20 billion at an annual rate
Business
1 answer:
Julli [10]3 years ago
4 0

Answer:

d.$20 billion at an annual rate

Explanation:

As $5 billion was quarter 1 market value of final goods and services produced,the annual rate will be $5*4=$20 billion annually

You might be interested in
For fair housing purposes, what is the definition of the term disability?
alexgriva [62]
A handicap that limits a persons movement, senses, or activity. It puts them at a disadvantage compared to others and is recognized by the law.<span />
3 0
3 years ago
A manufacturer of DVD players has monthly fixed costs of $9500 and variable costs of $55 per unit for one particular model. The
Alla [95]

Answer:

(a) C(x) = 9500 + 55x

(b) R(x) = 90x

(c) P(x) = 35x - 9500

(d) C(240) = $22,700

All functions are measured in $.

Explanation:

The total revenue of an entity is a function of the number of units sold and the selling price per unit. The total cost is a function of the fixed cost and the variable cost (which is also a function of the units produced/sold). Profit is a function of sales and cost.

Given that monthly;

fixed costs = $9500

variable costs = $55 per unit

Selling price  = $90 per unit

Where x is the number of units

total costs C(x) in $ = 9500 + 55x

total revenue R(x) in $ = 90x

profit P(x) in $ = 90x - (9500 + 55x)

= 35x - 9500

C(240) = 9500 + 55(240)

= $22,700

5 0
3 years ago
In agriculture, a "bumper crop" refers to a particularly productive harvest. if there is a bumper crop for wheat at the same tim
WINSTONCH [101]
<span>The equilibrium price will go down and equilibrium quantity will be indeterminate.
Bumper crop refers to a situation when a certain type of crop exeprience sudden bump in productivity. If at that exact time more people become allergic to this crop, the crop would be overly stocked in the warehouse and the owner would most likely sell it at lower price.</span>
7 0
3 years ago
When everyone correctly anticipates that the Fed will buy government securities, then they know that prices will increase. Which
Veseljchak [2.6K]

Answer:

C. Producers will prevent the price level from increasing and hurting their sales.

Explanation:

When the FED buys securities from the public, the money supply increases and this raises the general price levels.

When general price level increases, workers would demand higher wages and the prices of goods and services would rise.

I hope my answer helps you

6 0
3 years ago
How can small business contribute to the country's economy
Nimfa-mama [501]
Investing in stocks, maintaining prices and avoiding inflammation.
6 0
2 years ago
Read 2 more answers
Other questions:
  • Berning Company purchased a tractor at a cost of $540,000. The tractor has an estimated salvage value of $60,000 and an estimate
    5·1 answer
  • The following events occur for Morris Engineering during 2018 and 2019, its first two years of operations.
    10·1 answer
  • Suppose a firm is considering the purchase of a machine which when used will increase its total revenues by $10,000 for the year
    15·1 answer
  • He customers for mountain sports equipment mostly have high disposable incomes. However, imagine that Peter, Thomas, and Wim wan
    5·1 answer
  • What term references a period of economic growth as measured by a rise in the real GDP?
    13·1 answer
  • Scenario: Phillip and Joseph are two classmates who represented their college in a quiz competition as a team and won $500. Howe
    12·1 answer
  • g The Ricardian equivalence states that if the government cuts taxes without changing current or future expenditure then: a) hou
    12·1 answer
  • What is 4 P's in entrepreneur​
    12·1 answer
  • Which of the following would constitute a technological improvement?
    11·1 answer
  • In the capitalization versus expensing case the main ethical issue is whether gloria hernandez should?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!