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Verdich [7]
3 years ago
15

If a government is interested in knowing the total income of its citizens (including remittances, or money earned in a foreign c

ountry and sent back home), it should look at the _____. Gross Domestic Product (GDP) Gross National Product (GNP) economic cycle
Business
2 answers:
AleksandrR [38]3 years ago
7 0

Answer: Gross National Product (GNP)  

Explanation:

Gross National Product (GNP) is known to be the total value of all the goods (products) and services produced in a country in a year. Furthermore, it is used in measuring the economic activity of a country by taking record of all the incomes earned by the citizens in the country and outside the country. Thus, it is a tool in measuring the economic output of a country.

nexus9112 [7]3 years ago
4 0
If a government is interested in knowing the total income of its citizens (including remittances, or money earned in a foreign country and sent backhome), it should look at the Gross National Product (GNP) economic cycle. Both GDP and GNP are tools in measuring the economic output of a country for a particular period. The difference is that GDP focuses solely on what happens inside the country. GNP takes into account the foreign sources.
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The four major expenditure categories of GDP are: Group of answer choices consumption, government purchases, taxes, and investme
Nimfa-mama [501]

Answer:

consumption, investment, government purchases, and net exports.

Explanation:

The Gross Domestic Products (GDP) is the measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country. The Gross Domestic Products (GDP) of a country's economy gives an insight to it's social well-being.

Basically, the four major expenditure categories of GDP are consumption, investment, government purchases, and net exports.

4 0
3 years ago
A third-degree price discriminating monopolist can sell its output either in the local market or on an internet auction site (or
Natasha2012 [34]

Answer:

the firm should have sold less output in the local market, and more output on the internet auction site.

Explanation:

Based on the scenario being described within the question it can be said that in order to maximize profits the firm should have sold less output in the local market, and more output on the internet auction site. This is because marginal revenue indicates the additional revenue that will be generated by increasing product sales by one unit. Therefore since the internet auction site's marginal revenue is higher than the local store, it means that selling more units in the internet site will lead to more profit than the local market.

7 0
3 years ago
Read 2 more answers
What are the benefits of using a credit card? What are the drawbacks of using a credit card?
Anon25 [30]
Benefits: You do not have to carry large amounts of cash with you


drawbacks: You have to pay interest rates
it is technically a loan


hope this helps
6 0
4 years ago
Read 2 more answers
Sherry owns a car business. She just received a shipment of Volkswagen SUVs. She paid $60,000 for each vehicle and wants to make
densk [106]

The selling price of the price that is offered to the buyer of the goods. The selling price of the car should be $<u><em>75,000</em></u>.

<h3>What is the selling price?</h3>

The selling price is the ultimate value of the goods the seller is willing to offer to the buyer at the time of sale. It is determined by adding up the profit margin to the actual cost of the goods.

The computation of the selling price of the car:

Given,

  • Cost price =$60,000
  • Margin =25%

\begin{aligned}\text{Selling Price}&=\text{Cost Price}+\text{Margin}\\&=\$60,000+(\$60,000\times25\%)\\&=\$60,000+\$15,000\\&=\$75,000\end{aligned}

Therefore, if Sherry wants to make 25% on the sale of each car then the car must be sold at $75,000 each.

Learn more about selling price, here:

brainly.com/question/3798799

5 0
2 years ago
While waiting in line to buy two tacos at 75 cents each and a medium drink for 80 cents, Jordan notices that the restaurant has
puteri [66]

Answer:

The correct answer is $0,20.

Explanation:

The marginal cost, at each level of concrete production, indicates the costs we incurred in carrying out said production. Basically, it is an indicator that will allow us and help to make decisions regarding the preparation and production of goods and services.

In the previous case, the cost of buying two tacos for $ 75 each plus a $ 80 bedid is as follows:  

Tacos: $ 75 * 2 = $ 1,50

Drink: $ 80

TOTAL = 2,30

For its part, the second option is priced at $ 2,50

Subtracting the results, the marginal cost is defined as follows:

$ 2,50 - $ 2,30 = $ 0,20

6 0
3 years ago
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