Answer:
consumer spending, investment spending, government purchases of goods and services, and net exports.
Explanation:
The Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.
Gross domestic product (GDP) may be calculated as the sum of consumer spending, investment spending, government purchases of goods and services, and net exports (exports minus imports).
Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).
Answer: $50,846.3701
Explanation:
Need to save $4 million to live comfortably,
Interest rate, r = 3%
N = 40 years
= 1,226,241.57
![1,226,241.57=C[\frac{1}{0.03}\times(1-0.3065)+1]](https://tex.z-dn.net/?f=1%2C226%2C241.57%3DC%5B%5Cfrac%7B1%7D%7B0.03%7D%5Ctimes%281-0.3065%29%2B1%5D)
= $50,846.3701
Hence, $50,846.3701 will be the annual payment to have $4 million in the account on 65th birthday.
Answer:
$372.59
Explanation:
The amount deducted is 19% of $1,961
=19/100 x $1961
=0.19 x $1961
=$372.59
Amount deducted is $372.59
Answer:
A <u>increase</u> in the money supply will cause interest rates to decrease, which, in turn, causes spending to <u>increase.</u>
Answer: B: a degree
Trade Associations provide all of the following a degree.
Explanation:
Trade Associations refer to a group of people in a particular business or trade, who come together to promote their common interests. They are established to set laws and provide great knowledge to companies within the industry. Members operate in the same industry. They are non-profit organizations who provide different learning tools for businesses in a particular industry. They are also known as trade organization.
