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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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Explanation:

A restaurant owner should not close the restaurant over the lunchtime. He should only do that if he is sure that he won't have any customer over lunchtime but since he has fewer of them, she should open it.

Also, it is giving him the ability to pay for some of the expenses which is also good for the restaurant.

  • The only thing that he can do is to promote some of the new lunch opportunities that people can have and that can help him to increase the number of his customers during lunchtime. For example, he can promote lunch opportunities to those people who are coming for dinner time.  
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Which action can hurt your credit score? I. Paying your phone bill late. II. Taking the bus to work. III. Maxing out several cre
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All of the above josehernandez2017!

6 0
4 years ago
A security with normally distributed returns has an annual expected return of 18% and standard deviation of 23%. The probability
timurjin [86]

Answer:

$95.45%

Explanation:

The computation of the probability of getting a return between -28% and 64% in any one year is shown below:-

Particulars                                                      Percentage

Total probability                                              100%

Less:

Probability that return will be lower

than -28%                                                        2.28%

1- (NORMDIST (-28%,18%,23%,TRUE)

Probability that return will be More

than 64%                                                        2.28%

(NORMDIST (64%,18%,23%,TRUE)

Probability of getting a return between

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6 0
4 years ago
Each of the following situations is independent. Work out your own solution to each situation, and then check it against the sol
saw5 [17]

Morgan will get $1600 with the process of simple interest.

<h3>what is simple interest?</h3>

Simple interest is calculated based on a loan's principal or the initial deposit into a savings account. Simple interest doesn't compound, therefore a creditor will only charge interest on the principal sum, and a borrower will never be required to pay further interest on the interest that has already accrued.

Rate of interest = 12%

principal = $1000

Time = 5 years

Simple interest

=\frac{1000 \times 5 \times 12}{100}\\=600

Now amount = 1000+600 = 1600.

Therefore, Morgan will get $1600.

To learn more about simple interest from the given link

brainly.com/question/25793394

#SPJ4

8 0
2 years ago
You saved $500 in currency in your piggy bank to purchase a new laptop. the $500 you kept in your piggy bank illustrates money's
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Answer:

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5 0
3 years ago
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