Answer: Trade Deficit ($10 Billion).
Explanation:
C=40+0.8Y
Ig=$40 billion
X=$20 billion
M=$30 billion
where,
Y - GDP
C - Consumption
Ig - Gross investment
X - Exports
M - Imports
Balance of trade or Trade balance = Exports - Imports
Since, Imports are greater than the exports, so the nation is experiencing a trade deficit.
Trade deficit = Imports - Exports
= $30 - $20
= $10 billion
Answer: (B) Nutrition fact panel
Explanation:
The nutrition fact panel is one of the primary tool which is used for determining the nutrition and also the healthfulness of the given material and the products.
The nutrition fact panel is the part of the food label and it providing the information about the content of nutrient in the food and the various types of beverages.
It basically provide the information about the sodium, fat content and the sugar.
Therefore, Option (B) is correct.
Answer:
PeD = 0
Explanation:
Price elasticity of demand is the responsiveness of quantity demanded when there is a change in price. An elastic demand means that when price changes the quantity demanded changes by more than the proportionate change in price. measured as
Ped = % change in Quantity demanded / % Change in Price
An elasticity value of between 0 and 1 is regarded as inelastic demand as quantity changes by less than the proportionate change in price.
Value of 1 is considered unitary elastic as an equal proportionate change occurs.
Greater than 1 is elastic demand where the change is more than proportionate.
When there is absolutely no change the demand is perfectly inelastic and the demand curve is vertical. This yields a value of 0 as there is no observed change in quantity demanded given a change in price.
Hope that helps.
Answer: $10,869.57
Explanation:
The Nominal GDP is the total amount of final goods and services produced in a country within a period, usually a year. It is calculated using the current year's prices.
Real GDP adjusts the Nominal GDP for price changes by using the price level of a certain base year.
The GDP Deflator is the price level of the current year and can be useful in calculating how much the prices have risen or fallen from the prices of the base year.
The formula is;
(Nominal GDP/Real GDP)*100 = GDP Deflator
Making Real GDP the subject;
Real GDP = (Nominal GDP/GDP Deflator)*100
= (10,000/ 92) * 100
= $10,869.57
Answer:
community
Explanation:
the only word I can think of is community I hope that helps slightly
