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Wewaii [24]
3 years ago
12

If GNP is​ $600 billion, receipts of factor income from the rest of the world are​ $50 billion, and payments of factor income to

the rest of the world are​ $30 billion, then GDP is______________.
Business
1 answer:
exis [7]3 years ago
5 0

Answer:

$580 billion

Explanation:

Given that

GNP = $600 billion

Receipts of factor income from the rest of the world = $50 billion

Payments of factor income to the rest of the world = $30 billion

So, The computation of the GDP is shown below:

= GNP - Receipts of factor income from the rest of the world + Payments of factor income to the rest of the world

= $600 billion - $50 billion + $30 billion

= $580 billion

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Manuel works for a very large company that sells stocks to shareholders. This is an advantage for which type of business structu
Rom4ik [11]

Answer:

Corporation

Explanation:

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The shares of a public corporation can be acquired by purchasing them at the security exchange market.  Anyone can purchase shares and become a shareholder.

3 0
3 years ago
The laissez faire model is inspired by the work of which economic philosopher?
Vitek1552 [10]

Laissez faire model was inspired by John Stuart Mill's book "Principles of Political Economy" (1848). This model states that the government should not be heavily involved in the market, and should have a hands off approach.

I hope this helped! :)

3 0
2 years ago
Adding new records, modifying existing ones, and deleting<br> ones no longer needed
nignag [31]

Answer:

Good

Explanation:

3 0
2 years ago
You have $100 you have $100 to invest. If you can earn 12% interest, about how long does it take for your $100 investment to gro
Ann [662]

Answer:

8.33333 years ;

Yes, the time doubles.

Explanation:

Investment amount = principal = $100

Interest rate, r = 12%

Time taken for investment to grow to $200

Using the simple interest formula :

A = P(1 + rt) ; t = time taken ; A = final amount = $200

200 = 100(1 + 0.12t)

200 = 100 + 12t

200 - 100 = 12t

100 = 12t

t = 100 / 12

t = 8.333 years

Time taken, if rate, r = 6%

200 = 100(1 + 0.06t)

200 = 100 + 6t

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6 0
2 years ago
As a manager in her firm, Lucy concerns herself with the effectiveness of internal controls. Her main focus is how efficient and
Sladkaya [172]

Answer:

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Hence , from the given scenario of the question ,

The correct term is Monitoring internal controls .

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2 years ago
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