The imports of this country are around $2 trillion.
The GDP of a nation refers to the value of all the final goods and services produced in the country in that year. It is calculated by the formula:
<em>GDP = Consumption + Government Spending + Investment + Exports - Imports</em>
15 = 9 + 2 + 3 + 3 - Imports
15 = 17 - Imports
Imports + 15 = 17
Imports = 17 - 15
Imports = $2 Trillion
In conclusion, the imports are $2 Trillion
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When buying or selling a futures contract, the trader commits what amount of funds the amount of the initial margin. A futures contract is a legal agreement to buy or sell assets, mainly commodities, at a set price but it will be delivered and paid for later. Based on the definition of a futures contract, the trader will have to commit to the initial amount that was set to be traded when the legal agreement was made.
Answer:
A. Layoff some workers and acquire more capitals.
Explanation:
See attached file
For every choice you make, you are sacrificing something else. For example, when you choose to buy a new phone, you are sacrificing buying a new laptop. The opportunity cost of buying the phone, is the cost of the laptop. Therefore, evey choice has a cost, because in every choice, there is a sacrifice
General Mills sold three
sizes of cereal cheerios at $2.99, $3.99, and $4.49 each. Selling
tactic used by the company is psychology pricing. General Mills used this
technique to
encourage customers to respond on emotional levels rather than logical ones.
<span>Setting
the price of the cereal at $2.99 is proven to attract more consumers than setting
it at $3.00, even though the difference is only $.01. Consumers are said to put
more attention on the first number on a price tag than the last. </span>
