Answer: $623 billion
Explanation:
Gross Domestic Product refers to the final value of the goods and services produced within a country in a certain period which is usually a year.
It can be calculated by several approaches with one of them being the Expenditure approach.
The formula is:
= Consumption + Investment + Government spending + Net exports
= 400 + 88 + 128 + 7
= $623 billion
Answer:
A credit to Appropriations,$12,900,000
The variable expense ratio for paprika is 27%.
<h3>V
ariable expense ratio</h3>
Using this formula
Variable expense ratio=Variable cost/Selling price
Where:
Variable cost=$2.43
Selling price=$9
Let plug in the formula
Variable expense ratio=2.43/9×100
Variable expense ratio=27%
Inconclusion the variable expense ratio for paprika is 27%.
Learn more about variable expense ratio here:brainly.com/question/15684424
