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Nata [24]
3 years ago
10

"The country of bienmundo does not trade with any other country. its gdp is $30 billion. its government purchases $5 billion wor

th of goods and services each year and collects $6 billion in taxes. private saving in bienmundo amounts to $5 billion. what are consumption and investment in bienmundo?"
Business
1 answer:
baherus [9]3 years ago
4 0

Answer:

Consumption in Bienmundo =$19bn

Investment in Bienmundo =$6bn

Explanation:

Formula for calculating private savings is ;

1. Private savings = GDP - Tax - Consumption

$5bn = $30bn - $6bn - Consumption

Consumption = $30bn - $6bn -$5bn

Consumption = $19bn

We will also use the formula for calculating GDP without export and import because Bienmundo does not trade with any other country

2. GDP = Consumption + Government expenditure + Investments

$30bn=$19bn + $5bn + Investment

Investments = $30bn -19bn - $5bn

Investments = $6bn

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a. The self-driving vehicle industry is changing too much for the top-down approach to be effective.

b. The top-down approach can only be applied to specific business functions.

c. The top-down approach leaves other employees uncertain about their roles in the company.

d. The top-down approach is expensive to maintain, leaving the company at a competitive disadvantage.

Answer:

a. The self-driving vehicle industry is changing too much for the top-down approach to be effective.

Explanation:

The top-down approach is a model in which there is a hierarchical style and the decisions are made by the manager and then informed down the organizational chart and the lower levels have to accept the decisions. In this approach, people in the lower levels have low participation and influence on the decisions and as the firm's industry is changing too much, this people would posses crucial information and specialized knowledge that the top level might not have and because of that, this approach might not be effective. According to that, the answer is that this scenario is wrong because the self-driving vehicle industry is changing too much for the top-down approach to be effective.

3 0
3 years ago
Aerotron Electronics has just bought a used delivery truck for $15,000. The small business paid $1,000 down and financed the res
dimaraw [331]

Answer:

Nominal interest rate =  12.23%

Explanation:

Given - Aerotron Electronics has just bought a used delivery truck for

            $15,000. The small business paid $1,000 down and financed the  

             rest, with the agreement to pay nothing for the entire first year and  

             then to pay $526.83 at the end of each month over years 2, 3, and

             4 (first payment is in 13th month).

To find - a. What nominal interest rate is Aerotron paying on the loan.

Proof -

As given ,

Price - $15,000

Down Payment - $1,000

⇒Loan Payment = $15,000 - $1,000

As given,

He will not pay for the entire first year. After that he will pay $526.83 for next 3 years.

Now,

Interest rate for 1 month = r %

So,

Loan after 1 year = 14,000( 1 + r)¹²

And

Annuity factor = \frac{1}{r} - \frac{1}{r}. \frac{1}{(1+r)^{t} }

and t = 3 years = 36 months

Now,

As we know,

Monthly loan payment = \frac{Loan amount}{Annuity factor}

⇒$526.83 = 14,000( 1 + r)¹² / \frac{1}{r} - \frac{1}{r}. \frac{1}{(1+r)^{t} }

By solving we get

r = 1.019%

Now,

Nominal interest rate = 1.019%×12 = 12.23%

7 0
3 years ago
Castille Corp. purchases, for $600,000, land upon which a building and a dilapidated shed are situated. Castille plans to use th
Alchen [17]

Answer:

b. $120,800.00

Explanation:

Cost of the land $ 600,000/-

Associated expenses:

Razing down the shed: $ 5000

income from scrap: $ 1000

Total expenses $ 4000

The total cost of land =600,000+4000= $ 604,000

Tax allocation: land and building $ 500,000

land allocation will be: 100,000/500,000 x$ 604,000

     =0.2x604,000

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5 0
3 years ago
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Rasek [7]

Answer: b. people face trade-offs

Explanation:

From the question, we are informed that Bullie Jean has $120 to spend and wants to buy cither a new amplifier for her guitar or a new mp3 player to listen to music while working out.

We are further informed that the amplifier and the mp3 player cost $120, each and so she can only buy one. This shows that people face trade offs and have to make a choice regarding some decisions. Here, an opportunity cost will be the one that she didn't buy at the expense of the other.

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3 years ago
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