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Leno4ka [110]
2 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]2 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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A positive impact of economic globalization is the economic integration. The world as a global village has experienced an unprecedented level of economic integration in the sense that many companies across a wide range of countries have been able to propose a variety of products to the world, which would have been very difficult or even impossible in a context of locally based or centred economy.
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Answer:

$0.35 per share

Explanation:

According to the scenario, computation of the given data are as follows,

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Preferred cash dividend = $18,000

So, we can calculate the basic earning per share by using following formula,

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2 years ago
Industry value chains Multiple choice question. generally have little effect on the company's cost competitiveness and customer
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Answer:

include both suppliers and forward channel partners.

Explanation:

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This ultimately implies that, industry value chains include both suppliers and forward channel partners.

In conclusion, an industry value chain should comprise of the margins of suppliers, value-creating activities and processes, costs, and forward channel partners.

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The phrase leadership praise followers in public private is really a statement concerning what two important parts of communicat
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Encoding and Decoding

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At the same time, with the Decoding, the receiver that is followers quickly understood the message, that is praise in the public or punishment in the private, in a way that the meaning of the message is not lost.

Hence, in this case, the correct answer is Encoding and Decoding.

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Answer:

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