Answer:
$24,500,000
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
Contribution to GDP = total revenue of book - cost of selling the book to the publishing company
(25 x 1,000,000) - 500,000 = 24,500,000
Answer:
I partially agree with the stament
Explanation:
Despite the economics establishes some theories based in people, companies and governments behavior, we can fine multiple examples where the situation is not totally adjusted to the theory. As an example, when we talk about the supply and demand theory, we suppose that if the price of a product rises, the demand is lower; even when this consumption may be true, there are people who buy this named product no matter the price rises.
We need to see the economist as a theory that defines most of the situations, in the same way it gives the general and specific lines for the development of the most efficient processes and behavior about a determined situation. We can use economics as a way to analyze a situation and take an action trying to have the best result.
Answer:
$45.28
Explanation:
The computation of price of a forward contract is shown below:-
Cash flows Future Value Amount Amount
A $45.60 $45.6 × exponential(0.021 × 2) $47.55599
B $1.10 $1.10 × exponential(0.021 × 1) $1.123344
C $1.15 $1.15 × exponential(0.021 × 0) $1.15
So, The value of forwards contract = Amount of A - Amount of B - Amount of C
= $47.55 - $1.12334 - $1.15
= $45.28
Answer:
B) risen 25 percent.
Explanation:
The inflation rate is the rate at which overall prices are increasing in the economy in a period. It is expressed as a CPI value.
Given CPI for different periods, inflation can be calculated using the formula below.
Inflation =<u> new CPI - old CPI</u> x 100
old CPI
In the case
The inflation rate will be <u>150- 120</u> x 100
120
=30/120 x 100
=25%
Answer:
1 and 2
Explanation:
Gross profit is earning a business makes from its normal operation before considering operating expenses. It is calculated by subtracting direct costs from the revenues. Direct costs are the expenses incurred in acquiring the goods and services sold to customers. Revenue from normal business operations is the income from the sale of goods and services, and other business-related activities.
For Franco and Giada, they should not include items 1 and 2 in gross profits.
- Item 1 is money inherited. It is income but not from the business operations.
- Item 2 is a loan a bank loan. Loans are not considered in the income statement but are featured in the balance sheet.
Items 3 and 4 will be featured in the gross profit calculation. Item 3 is an income from a sale, while item 4 is a miscellaneous income from a loan issued out.
