<span>Grassroots politics is a political campaigns works the way it uses face to face communications by citizens to gain interest and momentum.</span>
Answer: net values are calculated as
a) $4530100
b) $4770400
c) $4631900
Explanation:
detailed calculation and explanation is shown in the image below
Answer:
Net export falls, while GDP is unchanged
Explanation:
GDP is estimated using the expenditure approach as follows:
Where C = consumer spending
I = investment
G = government expenditure
X-M = net export (X = export and M = import).
When an American buys an Italian shoes, in the US national income accounts,
<em>C</em> (consumer spending) increases by the price of the shoe.
M (import) increases by the price of the shoe, thus reducing X-M (net export) by the price of the shoe.
The net effect of the purchase on overall GDP is therefore zero.
The owner contributes 9,200
0 +9200 = 9200
The owner than withdraws 39500
9200 - 39500 = -30300
The net income is -30,300
hope this helps