Answer:
$2,400
Explanation:
We know that
GDP = Consumption + Investment + Government purchase + Net exports
where,
Net exports = Exports - imports
= $1,000 - $1,200
= -$200
Now the investment is
$10,000 =$6,000 + Investment + $1,800 - $200
$10,000 = $7,600 + Investment
So, the investment equal to
= $2,400
Answer:
The correct answer is: The second option.
Explanation:
As Anne is a bargain-minded shopper, she will constantly look for paying less as much as the purchases allow it. To determine which option is the less-expensive in the example, Anne should <em>determine what is the cost per toothpaste unit</em> at each of the two local supermarkets. Thus,
- First option:
- Suppose the price of each toothpaste is "n".
- The store offers is buy 2 and get 1 free.
- Then, Anne is getting 3 toothpastes paying only for 2 or: 2 x n = 2(n).
- It implies the price of each toothpaste is:
- Second option:
- As the toothpaste price is equal in both stores, it will be "n"
- The store offers a 40% discount on each toothpaste.
- Thus, each toothpaste is only 60% of "n" or:
So, <em>the less-expensive choice was the second.</em>
Answer:
$4,000
Explanation:
Given that,
Last year:
DVDs sold = 10
Selling price of each DVD = $20
DVD players sold = 5
Selling price of each DVD player = $100
This year:
DVDs sold = 150
Selling price of each DVD = $10
DVD players sold = 10
Selling price of each DVD player = $60
Real GDP:
= (No. of DVDs sold this year × Selling price of each DVD last year) + (No. of DVD players sold this year × Selling price of each DVD player last year)
= (150 × $20) + (10 × $100
)
= 3,000 + 1,000
= $4,000.
Answer:
Option (C) is correct.
Explanation:
Private saving refers to the savings of the households which cannot be used for the consumption and tax payment.
Public saving refers to the savings of the government.
Private savings:
= Income - Consumption - Taxes + Transfer payments
= $12 - $9 - $3 + $2
= $2 trillion
Public savings:
= Taxes - Transfer payment
= $3 trillion - $2 trillion
= $1 trillion