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loris [4]
3 years ago
6

Suppose the gross domestic product is $15 million, where consumer spending is $4 million, investments are $2 million, government

spending is $5 million and exports are $4 million. How much is spend on imports
Business
1 answer:
Sati [7]3 years ago
4 0

Answer:

The spending on imports is $0 million.

Explanation:

GDP = C + I + G + (X – M)

Here, C is consumer spending of $4million, I is investment of $2million, G is government spending of $5million, X is exports worth $4million and M are imports which not given in the question. The GDP in the question is given and is $15million.

So by putting values in the equation we have:

15 = 4+ 2 + 5 + (4 - M)

15 - 4 - 2 - 5 - 4 = M

This emplies

M = $0 Million which means that the country has a complete ban on its importation of goods and services.

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What is a sustainable MIS infrastructure? Multiple Choice identifies where and how important information, such as customer recor
Stolb23 [73]

Answer: Sustainable MIS infrastructure: is a insfrastructure that identifies ways that a company can grow in terms of computing resources while simultaneously becoming less dependent on hardware and energy consumption, it's about supporting the enviroment.

Explanation:

4 0
3 years ago
"If you know the contents and price of a McDonald's Extra Value Meal, it may serve as ________ to you when you visit other fast
Ratling [72]

Answer:

Reference value.

Explanation:

If you know the contents and price of a McDonald's Extra Value Meal, it may serve as reference value to you when you visit other fast food restaurants and consider the purchase of a meal option there.

Reference value in marketing measures the price of a company's product with respect to its close competitors in the same industry.

Hence, companies commonly sell their products with discounts or at a price below that of their competitors so as to encourage continuous patronage from their customers, as well as potential customers.

<em>Basically, a reference value helps to inform consumer's choice when it comes to buying a product or taking a service from a business entity</em>.

3 0
3 years ago
During the summer between his junior and senior years, James Cook needed to earn sufficient money for the coming academic year.
Andrei [34K]

Answer:

Half of the question is missing, so I looked for similar ones and found the attached image.

Explanation:

We must determine James' profit for the summer:

Cash collected $12,800

Receivables $730

total revenue = $13,530

Expenses:

Gas, oil and lubrication $1,080 + $190 = $1,270

Repairs $550

Supplies $230

Salaries $6,000

Payroll taxes $290

Filing taxes services $35

Insurance $245

telephone $270

interest expense $65 (I'll use the information provided in the question)

Depreciation $620

total expenses = $9,575

net income = $13,530 - $9,575 = $3,955

5 0
3 years ago
On January 1, 2020, Ann Price loaned $216216 to Joe Kiger. A zero-interest-bearing note (face amount, $280000) was exchanged sol
Anna007 [38]

Answer:

$19,459.44

Explanation

Interest expense in 2020 = Loan amount * Prevailing rate of interest

Interest expense in 2020 = $216216 * 9%

Interest expense in 2020 = $19,459.44

So, $19,459.44 is the amount of interest income that Ms. Price should  recognize in 2020

3 0
3 years ago
When a company pays a dividend, it isn't as simple as getting a paycheck from one's employer. There are several critical dates i
belka [17]

Answer: 1. Declaration Date

2. Payment Date

3. Holder-of-record date

4. Ex-dividend date

Explanation:

1. On the Declaration Date, the company's Director announces that they will pay a dividend as well as the amount of the dividend. This is recorded in the books by crediting it to Dividends payable.

2. On Payment day the dividends are disbursed amongst shareholders. Cash Account is credited and Dividends Payable is debited.

3. The Holder-of-record day is the day the company notes who the owners of it's stock are so that they may receive the dividend.

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6 0
3 years ago
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