Answer:
GDP = $14,755.1 and expenditure approach
Explanation:
The formula to compute the GDP is shown below:
GDP = Personal consumption expenditures + Gross private domestic investment + Government consumption expenditures and gross investment + Net exports
where,
Net exports = Exports - imports
= $1,935.3 - $2,435.5
= -$500.2
So, the GDP is
= $10,417.1 + $1,818 + $3,020.2 - $500.2
= $14,755.1
And, the summing of all this items which are shown above while calculating the GDP is known as expenditure approach
Answer:
1. No because it is not realistic. 2. No because if you try you will make it back. 3. No because he needs a more indelf plan.
Explanation:
A haircut is a service because someone is assisting you in something that you can do yourself unless you are disabled (but it still makes it a service). Plus, when you get it done by a barber it's a professional haircut. I hope this helps!
The answer is false because a customer is a person that buys goods or services from a store of business.
Answer:
$9.25
Explanation:
Hourly wage will be the number of hours worked divide by total earnings.
Gross pay = $370
hours worked 40 hours
per hour = $370/40
=$9.25