1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Luden [163]
3 years ago
7

Suppose that this year a small country has a GDP of $100 billion. Also assume that Ig = $30 billion, C = $60 billion, and Xn = –

$10 billion. How big is G?
Business
1 answer:
dexar [7]3 years ago
8 0

Answer:

G = $20 Billion

Explanation:

Given that

C = $60 billion

GDP = $100 billion

Gross Investment = $30 billion

Net export = $10 billion

Recall that

GDP = C + Ig + G + Xn

Therefore

G = GDP - ( C + Ig + Xn )

G = 100 - ( 60 + 30 + [-10])

G = 100 - (90 - 10)

G = 100 - 80

G = 20

Thus, government expenditure is $20 billion.

You might be interested in
Terminating an employee for the use of illegal drugs is an example of a(n) _____ turnover. retentive external voluntary absentee
klasskru [66]

Answer:

involuntary

Explanation:

Involuntary turnover happens when an employee is dismissed from a position and asked to leave. In that respect, employees may be expelled for several reasons, usually for deficient performance and inadequate behavior. In contrast, voluntary turnover occurs when employees quit and the company wishes to keep them.

3 0
3 years ago
Which of the following is not true regarding economic exposure? a. The impact of a change in the local currency on inflow and ou
Natali [406]

Answer:

Option A The impact of a change in the local currency on inflow and outflow variables can sometimes be indirect and therefore different from what is expected.

Explanation:

The reason is that the changes in the currency exchange rate in which the company receives the payment and is also not a home currency, such risk exposure is known as economic exposure. So the only option that correct here is option A.

Option B is incorrect because depreciation is non cash item and it is not exposed to currency fluctuations.

Option C and D are also incorrect because domestic firms don't face any economic exposure.

8 0
3 years ago
The fundamental purpose of an organization's mission statement is to: create a good human relations climate in the organization.
leva [86]

Answer: define the organization's purpose in society.

               

Explanation: In simple words, it refers to a short statement which defines why an organisation exist in the society. It illustrates what are the goals of the organisation, its primary customers, the commodities they are going to offer and so on.

The mission statement lays a foundation for the overall planning of the organisation.

Hence the correct answer is last statement.

4 0
3 years ago
Suppose that there are customers distributed evenly across a line which runs from 0 to 1. There are two competing vendors that c
Shtirlitz [24]

Answer:

b.(1/2, 1/2)

Explanation:

If one vendor is located at “1/2” then the best possible respond of the other vendor is “1/2”, both of them of capture the equal share of the market.

Therefore, Nash equilibrium is (1/2 , 1/2).

7 0
3 years ago
Rajiv and Simone Redondo live in Swarthmore, PA. Simone's father, Yakov, lives in Sweden.
Andru [333]

Answer:

a. The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. - <u>Government Purchases</u> (G).

The Government purchases/ expenditure portion of GDP includes the expenses by Government on the economy. This expenditure by the Pennsylvania Government will therefore come under here.

b. Simone gets a new refrigerator made in the United States. - <u>Consumption (C)</u>.

Consumption accounts for spending by households and individuals in the economy. Simone lives in the US and buys goods in the US so this is Consumption.

c. Simone's father in Sweden orders a bottle of Vermont maple syrup from the producer's website. - <u>Exports (X)</u>

Exports are goods made in a country which are then sold to consumers outside the country. Simone's father is in Sweden so buying an American product is an export for the United States.

d. Rajiv's employer upgrades all of its computer systems using U.S.-made parts. - <u>Investment (I).</u>

Investment refers to spending by private interests that are aimed to improve capital goods in the economy. Spending on upgrading computer systems therefore falls here.

e. Rajiv buys a sweater made in Guatemala. - <u>Imports (M)</u>

When a person buys a good that is made outside the country, this is an import.

5 0
3 years ago
Other questions:
  • How has banking changed in the past 200 years of our nation's history?
    8·1 answer
  • Consolidated Enterprises issues $1 million face value, five-year bonds with a coupon rate of 6.0 percent. At the time of issuanc
    13·1 answer
  • What is the typical relationship between interest rates on​ 6-month Treasury​ bills, 10-year Treasury​ notes, and Baa corporate​
    15·1 answer
  • MC Qu. 166 Joe Jackson opened Jackson's... Joe Jackson opened Jackson's Repairs, Inc. on March 1 of the current year. During Mar
    6·1 answer
  • What is the most efficient way to adjust the size of the picture?​
    7·1 answer
  • An economic principle states that the lower the price of a product, the greater the quantity consumers will wish to purchase. Th
    14·1 answer
  • Molly still has a $2500 down payment. How much loan does Molly need?
    12·1 answer
  • Naranjo Company designs industrial prototypes for outside companies. Budgeted overhead for the year was $345,000, and budgeted d
    7·1 answer
  • How are the market and enterpreneurship related with each other?​
    12·1 answer
  • Angela's company requires her to be at work between the hours of 10:00 a.m. and 2:00 p.m. other than that, she is free to create
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!