Answer:
1. $ 750
2. - $ 50
3. $ 600
4. $ 600
Explanation:
1. Using the data GDP = C+I+G+ (X-M)
GDP= $500 +$100 + $ 200 + ($50-$100)
GDP= $ 800 + (-50)
GDP = $ 750
2. NET EXPORTS = EXPORTS - IMPORTS= $ 50- $ 100= -$50
3. PCE= Consumption+ Private Domestic Investment= $ 500 + $ 100= $ 600
4. GDP 2017= $ 750 *80%= $ 600
The answer is "incidental beneficiary".
An incidental beneficiary refers to somebody who indirectly acquires an advantage as the aftereffect of the fundamental reason for the trust. An incidental beneficiary is a recipient who isn't a planned recipient. For instance, a grandchild may profit by his/her parent accepting a blessing which could be utilized by the whole family, or which he/she may acquire from the parent.
When the price for a good or service is high then supply increases.
Price is the sum that the producer receives for each unit of an item or service that is sold. A rise in price nearly always results in a rise in the amount of that good or service supplied, whereas a fall in price results in a fall in the amount supplied.
The widespread consensus is that demand slopes downward because customers buy less when prices are greater. The price at which supply and demand are equal is represented by the intersection of the two curves as the market-clearing price.
When a good's price is higher than equilibrium, this indicates that there is more supply of the good than demand for it. The product is available in excess on the market.
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Based on the sample being normal, 95% of the survey's respondents will fall within $675 and $1,775.
<h3>Where will 95% of the respondents fall?</h3>
A 95% interval has a z value of 1.96.
The confidence interval would be:
= Sample mean ± z x (Standard deviation / √sample)
= 1,225 + 1.96 x (275 / √1)
= $1,764
= 1,225 - 1.96 x (275 / √1)
= $686
The closest figures from the options are $675 and $1,775.
Options for this question include:
- $675 and $1,500
- $675 and $1,775
- $950 and $1,500
- $950 and $1,775
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Answer:
A. It made cotton a major export item.
Explanation:
Cotton gin is machine which is used to separate the cotton seeds from fibres. It is an invention of Eli Whitney, that made separation of seeds from fiber efficient. Due to this invention the exports are boosted because it more efficient and productive method than the traditional method used for the separation of fibres and seeds.