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Leno4ka [110]
3 years ago
6

Suppose in the year 2018, people spent $200 on durable goods, $200 on non-durable goods, and $100 on services. During the same y

ear, the government paid $200 to soldiers and police officers, spent $100 building missiles and highways, spent $200 on welfare and unemployment benefits and $300 on social security payments. During this year the United States had imports totaling up to $500 while exporting $400 worth of goods and services. Finally, firms spent $200 on machines that will increase their productive capacity and they raised the amount of goods in their inventories from $400 at the beginning of the year to $500 at the end of the year.
Required:
1. Please use this information to calculate total GDP for 2018.
a. $1,500
b. $1,300
c. $1,200
d. $1,000
Business
1 answer:
Rzqust [24]3 years ago
4 0

Answer:

d. $1,000

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

GDP = Consumption spending by households on durable and non durable goods and services + Investment spending by businesses + Government Spending + Net Export

Consumption spending = $200 + $200 + $100 = $500

Investment spending = $200 + $(500 - 400) = $300

Government spending = $200 + $100 = $300

Transfer payments aren't included in the calculation of GDP. So, the $200 spent on welfare and unemployment benefits and $300 on social security payments isn't included in the calculation of GDP.

Net export = Export- Import = $400 - $500 = $-100

GDP = $500 + $300 + $300 - $100 = $1000

I hope my answer helps you

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Answer:

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A business office is one which is established by the individuals or governments for the production and distribution of goods and services with a view of earning money by satisfying the consumers.

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What is the difference between the pre-reservation and installment
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7 0
2 years ago
Answer each of the following independent questions.
amid [387]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Alex Meir recently won a lottery and has the option of receiving one of the following three prizes:

(1) $86,000 cash immediately

(2) $32,000 cash immediately and a six-period annuity of $9,200 beginning one year from today

(3) a six-period annuity of $17,400 beginning one year from today.

1)

A) i= 0.06

i) PV= 86,000

ii) First, we need to calculate the final value of the annuity:

FV= {A*[(1+i)^n-1]}/i

A= annual pay

FV= {9,200*[(1.06^6)-1]}/0.06 + [(9,200*1.06^6)-9,200]= 68,023.31

PV= FV/(1+i)^n= 68,023.31/1.06^6= 47,953.75 + 32,000= $79,953.75

ii) FV= {17,400*[(1.06^6)-1]}/0.06 + [(17,400*1.06^6)-17,400]= 128,652.77

PV= 128,652.77/1.06^6= $90,695.13

B) The option with the higher present value is option 3. Therefore, it is the best option.

2) Weimer will make annual deposits of $170,000 into a special bank account at the end of each of 10 years beginning December 31, 2016.

Assuming that the bank account pays 7% interest compounded annually.

FV= {A*[(1+i)^n-1]}/i

FV= {170,000*[(1.07^10)-1]}/0.07

FV= $2,348,796.15

7 0
3 years ago
suppose that a country imports $90 million worth of goods and services and exports $80 million worth of goods and services. what
Korolek [52]

Consider a scenario in which a nation buys goods and services worth $90 million and exports them for $80 million. The net exports are valued at -$10 million.

<h3>What does a nation's net export mean?</h3>

Total exports less total imports for a specific country is the definition of net exports. It is a method of determining the total outlays or GDP of a country in an open economy.

The balance of trade, commercial balance, or net exports refers to the difference between a nation's exports and imports in terms of dollar value over a given time period. It's sometimes made a point to distinguish between a trade balance for goods and one for services.

In the above question, given:

Imports= $90 million

Exports= $ 80 million

Net Export= Total Exports - Total Imports

Net Export= $ 80 million - $ 90 million

Net Export= -$10 million

Learn more about net exports: brainly.com/question/16905557

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6 0
1 year ago
scanlon inc.'s cfo hired you as a consultant to help her estimate the cost of capital. you have been provided with the following
sp2606 [1]

The cost of equity is 10.6%.

<h3>What is the explanation?</h3>

The calculation of the question is shown as follows:

Cost of equity = Risk - free rate + (beta*market risk premium)

Cost of equity = 3.25% + (1.4* 5.25%)

Which is equal to 3.25% + (7.35%)

hence cost of equity is 10.6%.

<h3>What are retained earnings?</h3>

Retained earnings refer to the total amount of earnings that a company generates from its operations. This subtracts the dividends shared among stockholders. The retained earnings are then reinvested in business.

To know more about retained earnings, visit:

brainly.com/question/13980094

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The complete question is:

Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: r_RF = 3.25%; R_PM = 5.25%; and b = 1.40.

Based on the CAPM approach, what is the cost of equity from retained earnings?

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