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vodka [1.7K]
3 years ago
11

The following are national income account data for a hypothetical economy in billions of dollars: government purchases ($1,050),

personal consumption expenditures ($4,800), imports ($370), exports ($240), and gross private domestic investment ($1,130). Personal consumption expenditures are approximate what percentage of this economy?
Business
1 answer:
Hatshy [7]3 years ago
7 0

Answer:

70%

Explanation:

Given that

Government purchases ($1,050)

Personal consumption expenditures ($4,800)

Imports ($370)

Exports ($240)

Gross private domestic investment ($1,130)\

As we know that

GDP = Personal consumption expenditure + Government purchases + Gross private domestic investment + Exports - Imports

= $4,800 + $1,050 + $1,130 + $240 - $370

= $6,850 billion

Now the percentage is

= $4,800 ÷ $6,850 × 100

= 70%

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A machine costing $251,800 was purchased May 1. The machine should be obsolete after three years and, therefore, no longer usefu
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Answer:

Instructions are listed below.

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Giving the following information:

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Answer:

the intrinsic value of the stock is 42.97

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Ke= r_f + \beta (r_m-r_f)

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<em>Now we solve for the intrinsic price using the gordon model</em>

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<u>Finally we add them and get:</u>

42.97160726

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