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Olin [163]
4 years ago
5

If during 2009, the country of Sildavia recorded a GDP of $65 billion, interest payments of $15 billion, imports of $13 billion,

profits of $7 billion, exports of $15 billion, and rent of $7 billion, wages during 2009 in Sildavida were:___________.
Business
1 answer:
Maslowich4 years ago
8 0

Answer:

36 billion

Explanation:

The GDP can be calculated using the income approach in which the output of a country is equal to the total income people receive in that country.

GDP= Compensation of employees + Net interest + Rental income + Corporate profits

From this formula, you can isolate the compensation of employees:

Compensation of employees= GDP-Net interest - Rental income - Corporate profits

Compensation of employees= $65-$15-$7-$7

Compensation of employees= $65-$29

Compensation of employees= $36

The wages during 2009 in Sildavida were: $36 billion.

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2 years ago
Question needs answering
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No controlling is one of them, they are
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5 0
3 years ago
A business model a. is a road map for the marketing activities of an organization for a specified future time period. b. consist
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7 0
3 years ago
According to the neoclassical view, an increase in the cpi leads to __________, ceteris paribus
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According to the neoclassical view, an increase in the cpi leads to d) <u>No shifting of the SRAS curve</u> ceteris paribus.

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The question is incomplete. Please read below to find the missing content.

According to the neoclassical view, an increase in the cpi leads to __________, ceteris paribus.

a) A rightward shift in the SRAS curve

b) A leftward shift in the SRAS curve

c) A  upward shift in the SRAS curve

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