Answer:
a. If all 307 registered fishermen were to be employed by hotels (in addition to the 3,409 people already working in hotels), how many hotel stays could Bermuda produce?
since the opportunity cost is constant, then if all 307 fishermen decided to become hotel workers, then the total number of hotel stays would be (286 tons of fish x 2,000 stays per ton) + 538,000 stays = 1,110,000 stays
b. If all 3,409 hotel employees were to become fishermen (in addition to the 307 fishermen already working in the fishing industry), how many metric tons of fish could Bermuda produce?
total number of fish caught = (538,000 stays / 2,000 tons per stay) + 286 tons of fish = 555 tons of fish caught
c. attached graph
Answer:
A $38,000- Germany: B $50,000- Finland: C $0 , America
Explanation:
GDP represents the total value of all the goods and services produced within the country. The expenditure method is one of the methods that economist use in calculating the value of GDP. Expenditure refers to spending. In measuring the GDP, the expenditure method takes account of expenditure on all the output of a country. Economists add up the values of finals goods and services produced within the borders of a country and multiply them by their prices. The result is the nominal GDP.
The formula for calculating GDP is as follows
GDP equals consumer spending on goods and services plus investor spending on business capital goods plus government spending on public goods and services plus net exports
In Germany, GDP will increase by $38,000. It is the value of the car produced in Germany. In the formula, it is part of the net exports for the country.
In Finland, the GDP will increase by $50,000. It is the value of services offered by the American while working in Finland. In Calculating GDP, all output within the country is considered regardless of the person who produced it.
In the USA, the GDP will increase by 0$. The car was bought in the US, but it was an import. The expenditure formula does not consider imports. The amount of $50,000 was not earned within the borders of the US.
When The nurse is assessing a patient's functional ability, the activities that <span> most closely match the definition of functional ability are:
</span><span>-. Healthy individual works outside the home, use a cane, well groomed.
- Healthy individual, college education, travels, can balance a checkbook
During the assessment, the nurse will assist the patient to do several activities that will most likely become the patient's routine</span>
A conflict is disagreement or argument. The impact can cause a multitude of problems such as loss of company profit, employee performance/growth and drama
Answer:
This is known as a "bait and switch" pricing tactic :)
