Answer:
"A"
Explanation:
Gross domestics product is the market value the goods and services produced in a season irrespective of who produce it whether a foreign or indigenous producer.
Gross national product is the measure of the value of goods and services produced in a season by nationals of a particular country irrespective of the location they were produced.
One major difference between the two is that gross domestic product include income payments to foreigners for their work domestically but gross national product does not.
Answer:
0.339 < p < 0.461
Explanation:
Given data:
confidence interval is 92%
Randomly selected adults = 329
Total number of adults is 763
for alpha = 0.04
z value is = 1.75
0.339 < p < 0.461
Answer:
- No job uses more than one machine simultaneously
.
-
No machine processes more than one job simultaneously.
- Only 3 hours will be needed to complete the jobs.
Explanation:
However, Job 2 can be completed at time 3 which is late by 1 hour.
Suppose that the processing times are exponentially distributed.
Let
- The processing rate of job j on machine 1
- The processing rate of job j on machine 2
Expected make span is minimized by processing the jobs in the descending (high to low) order of processing
Make span is the completion time of the last job processed. Although make span is defined as a completion time of a job, it actually measures how long the production facility should remain open.
The various types of shocks that will be caused are:
- A leftward shift in the AD curve - Negative demand shock.
- A leftward shift in the SRAS curve - Negative supply shock.
- A rightward shift in the SRAS curve - Positive supply shock.
- A positive shift that leads to a higher aggregate price level. - Positive demand shock.
- A rightward shift in the AD curve - Positive demand shock.
- A negative shift that leads to a lower aggregate price level - Negative demand shock.
- Stagflation - Negative supply shock.
- A negative shift that leads to a higher aggregate price level - Negative supply shock.
- A positive shift that leads to a lower aggregate price level - Positive supply shock.
<h3>What causes shocks in the economy?</h3>
When there is a change in the components of demand or supply, there will be a shift in the Aggregate Demand and Supply Curves to show that either demand or supply has changed as a result.
For instance, if there is a weaker harvest for a crop, there will be a leftward shift in the SRAS curve which would lead to a negative supply shock.
In conclusion, supply and demand are prone to shocks.
Find out more on Stagflation at brainly.com/question/23113698.
Answer:
Amount added in GDP = $2200.
Explanation:
Given:
Spend on treasury bond = $1,000
Spend on tires = $1,200
Find:
Amount added in GDP
Computation:
Amount added in GDP = Consumption + investment
Amount added in GDP = $1200+$1000
Amount added in GDP = $2200