Answer:
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Answer:
A nation's GDP is______D________.
A) The sum of value added at some stage of the production process
B) The total amount of money in circulation
C) The total market value of all intermediate goods and services
D) C+I+G+(X-M)
Explanation:
A nation's GDP( Gross Domestic Product) can be explained in such that if a nation produces goods and services at a given period of time the nation's GDP is the market value of the goods and service produced at the given time.GDP of a nation is measred in two ways either expenditure approach or income approach. based on the question the Expenditure approach is used in the definition C+I+G+(X-M)
C ....... CONSUMPTION
I............INVESTMENT
G........... GOVERMENT PURCHASE
X-M............ NET EXPORT
Answer:
It will expect to pay 545,000 dollars
Explanation:
We will calculate the probabilities:
outcome x probability
(40,000) x 0.2 = (8,000) penalty
10,000 x 0.3 = 3,000 bonus
0 x 0.5 = 0 netiher
(5,000) expected
NOTE: the method will only work if the probabilities add up to one, so the remainder 0.5 will be assing to the timeframe within 8 ann 16 week on which there is no bonus or penalty.
list price: 550,000 + probability outcome: (5,000) = 545,000
Answer: Protectionism
Explanation:
Protectionism occurs when the industries in a particular country are being protected from foreign competition by the government of that economy. Protectionism is done through the imposition of tariffs, quotas or total ban on the products of other countries.
In the question, the tariff on rice is an example of protectionism as the tariff will lead to an increase in the price of the foreign rice and the people will have to buy from the local rice suppliers. In this case, the local industry is protected.
Answer: David has just joined a new company. His employer offers a number of different insurance policies as one of its employee benefits.
Explanation: I hoped that helped.
