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katrin [286]
3 years ago
10

In a small​ economy, consumption spending is​ $6,000, government purchases are​ $1,200, gross investment is​ $1,500, exports are

​ $2,000, and imports are​ $1,000. What is gross domestic​ product?
Business
2 answers:
Karo-lina-s [1.5K]3 years ago
5 0

Answer:

$9700

Explanation:

Given that

C = 6000

G = 1200

I = 1500

X= 2000

M = 1000

Recall that,

GDP = C + I + G + ( X - M)

therefore

GDP = 6000 +1500 + 1200 + (2000 - 1000)

= 8700 + 1000

= 9700

Therefore, GDP = $9,700

Elena-2011 [213]3 years ago
4 0

Answer:

$9,700

Explanation:

GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.

Gross domestic product = Consumption spending + Investment spending + Government Spending + Net Export

Net Export = export - import

$2,000 - $1000 = $1000

$6,000 +$1,200+ $1,500 + $1000 = $9,700

I hope my answer helps you

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A steel manufacturing firm with about 1,000 employees operates in an environment that is simple and integrated (it makes a small
WINSTONCH [101]

Answer:

Organic structure.

Explanation:

Organic structure: It is defined as flat organizational structure as it does not follow normal hierarchical structure, it is more of a decentralized structure with a lesser layer of management at every level, where more information is shared among employee and each department co-operate with other departments, which helps the organization to adapt well with the changes. Employees have the opportunity to participate in the decision-making process of the organization.

In the given case, Steel manufacturing firm are following an environment that is simple and integrated but also dynamic and hostile, which is a perfect organic structure.

4 0
3 years ago
The following is information for Palmer Company. Year 3 Year 2 Year 1 Cost of goods sold $ 643,825 $ 426,650 $ 391,300 Ending in
Vlad1618 [11]

If  Palmer Company. Year 3 Year 2 Year 1 Cost of goods sold $ 643,825 $ 426,650 $ 391,300 Ending inventory 97,400 87,750 92,500 compute inventory turnover for Year 3 and Year 2, and its days' sales in inventory at December 31, Year 3 and Year 2:

a) Inventory turnover for Year 2, and its days' sales in inventory at December 31, Year 2

Inventory turnover =$426,650/($92,500+$87,750)/2

Inventory turnover=$426,650/$90,125

Inventory turnover=4.7 times

Days' sales in inventory=$87,750/$ 426,650×365 days

Days' sales in inventory=$87,750

Days' sales in inventory=75.07 days

b) Inventory turnover for Year 3, and its days' sales in inventory at December 31, Year 3

Inventory turnover=$643,825 /($87,750+$97,400)/2

Inventory turnover=$643,825/$92,575

Inventory turnover=6.95 times

 

Days' sales in inventory=$97,400/$643,825×365 days

Days' sales in inventory=55.22 days

Learn more here:

brainly.com/question/15520316

4 0
2 years ago
After watching an advertisement for wrangler jeans, denise decides she would like to buy a new pair. this is an example of which
mr_godi [17]

Answer: problem recognition

Explanation:

After watching an advertisement for wrangler jeans, Denise decides she would like to buy a new pair. This is an example of a step of the consumer decision-making process refered to as problem recognition.

Problem recognition is simply the first step during the consumer decision-making process. At the problem recognition stage, the consumer identifies that he or she need to buy a particular product. Here, Denise realized that he needed to buy a new pair of jeans.

3 0
3 years ago
With respect to the consumer buying process, __________ is perhaps the most important factor that affects the time, effort, and
kupik [55]

Answer:

The Degree of Risk

Explanation:

With respect to the consumer buying process, the degree of risk is perhaps the most important factor that affects the time, effort, and expense dedicated to the search for information. When the higher risk is involved, we spend a lot of time in searching for information either from our external sources or internal sources. When the risk factor is less, then we do not spend much time and effort on searching for information. For example, when we are buying a packet of chips, we do not search information by spending much time and effort. But when we have to buy a car or a laptop, then we spend much time in searching for the information from all of the available sources because bad or wrong decision can cost us more in the case of buying a car or a laptop as compared to the buying of a packet of chips.

8 0
3 years ago
Which of the following terms refers to the development of individual offerings that appeal to different market segments while re
erma4kov [3.2K]

Answer:

You have not given any options to chose from but seemingly the answer is Line Extension.

This happens when a company introduces additional items in the same product category under the same brand name such as new flavors, forms, colors, added ingredients, package sizes, etc..

Explanation:

7 0
3 years ago
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