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Ugo [173]
4 years ago
6

Over a given year, a peanut farm pays its workers a total of $250,000 to harvest 1,000,000 lbs of peanuts. The peanuts are then

sold to peanut butter manufacturer for $350,000. The peanut butter manufacturer pays its workers $100,000 to make peanut butter, which it subsequently sells directly to consumers for $1.1 million.
(a) What is the contribution of this activity to GDP when measured by the value of final goods?

(b) What is contribution of this activity to GDP when measured with the value-added approach?

(c) What is the contribution of this activity to GDP using the income approach?

Business
2 answers:
wlad13 [49]4 years ago
4 0

Answer:

Check attached file

Explanation:

alukav5142 [94]4 years ago
3 0

Answer:

Explanation:

the full solution is attached in the picture below

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On January 1, Year 1, Chaco Company sold $300,000 of 10% twenty-year bonds. Interest is payable semiannually on June 30 and Dece
Andrei [34K]

Answer:

The amount of effective interest expense that chaco will record in the first six months is $14,375

Explanation:

interest payment that will be first made is on June 30, Year 1. Therefore, the outstanding balance used in the calculation is the issue price.

The interest expense is calculated by these formula

Interest expense = Effective semiannual interest rate × Outstanding balance

Interest expense = (8% ÷ 2) × $359,378 = $14,375

So the interest expense is gotten as %14,375

8 0
3 years ago
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If a firm decides it is in the best interest to collaborate on a development project, how would you recommend the firm choose a
Ahat [919]

Answer:

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The firm might need to investigate for an imminent accomplice from its realized business system to begin with. Business and informal communities can furnish leads by taking part in conversations with them. Different zones for prospecting could be from the databases of mechanical improvement offices. Tried and true outsider specialist co-ops - offices right now be locked in to discover reasonable possibilities.  

By the day's end, organizations are about connections. Common regard for one another and shared qualities are important to have an effective organization to meet every others key business targets through such a joint effort. Essentially each ought to be expertly dedicated to such a dare to guarantee goals are met in soul and word.  

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3 0
3 years ago
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yKpoI14uk [10]

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the answer to a is 3 same as b

4 0
3 years ago
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Assume that you own a small boutique hotel. In an attempt to raise revenue you reduce your rates by 20 percent. However, your re
BigorU [14]

Answer:

Demand is inelastic

Explanation:

Demand is inelastic, means that the demand of the buyer does not change as the price varies or changes.

For example, the price rises by 15% and the demand falls by 1%, which is said to be that the demand is inelastic.

So, in this case, the boutique hotel, tries to increase the revenue through decreasing the rates through 20%, but the revenues decreases. Therefore, this situation is that the demand of the boutique hotel is inelastic.

7 0
3 years ago
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Dovator [93]

Answer:

d) steer the economy away from recession and toward growth best describe what central bank uses money policy to do

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A key role of the central banks is to conduct monetary policy so as to achieve price stability (low and stable inflation) and to aid manage economic fluctuations.

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4 years ago
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