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Anni [7]
3 years ago
14

Suppose that Inventories fall by $2 billion, Consumption increases by $8 billion, Welfare Payments decline by $3 billion, Export

increases by $1 billion and Import also increases by $2 billion. Ceteris paribus! By how much should measured-GDP change?
Business
1 answer:
Georgia [21]3 years ago
8 0

Answer: <u><em> The measured-GDP would increase by $5 billion.</em></u>

Explanation:

Given :

Inventories fall by $2 billion,

Consumption increases by $8 billion,

Welfare Payments decline by $3 billion,

Export increases by $1 billion

Import also increases by $2 billion.

Note: While calculating GDP we will not include Welfare payments in it.

GDP = C + I + G + (X-M)

GDP = -2 + 8 + 1 - 2

GDP = $5 billion  

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elena55 [62]

A news article details the destruction of a recent earthquake. Readers of the article likely to do as result are Overestimate their risk of earthquakes. Thus option A is correct.

<h3>What is Earthquake?</h3>

Earthquakes is referring to a kind of natural disaters which occurs due to the movement of tectonic plates. when these tectonic plates move and collapse with one another results in an earthquake.

When a news article shows destruction related to earthquakes people will most likely analyze their risk from earthquakes and evaluate whether they are safe from them or not.

Therefore, option A is appropriate.

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7 0
2 years ago
Atlantic Coffee has recently decided to raise its prices by10%.It was shocked by itscustomers' reactionto the price increase whe
miss Akunina [59]

Atlantic Coffee has recently decided to raise its prices by10%. It was shocked by its customers' reaction to the price increase when sales dropped24%. such a sharp drop in sales occurs because:_the demand for a specific brand of coffee is highly elastic.

The market fee is the modern rate at which an excellent service can be purchased or sold. The market price charge of an asset or carrier is decided with the aid of the forces of delivering and calling for; the fee at which the amount provided equals the amount demanded is the marketplace rate.

The primary price is the amount receivable through the manufacturer from the customer for a unit of an amazing or provider produced as output minus any tax payable, and plus any subsidy receivable, by means of the producer as a result of its manufacturing or sale.

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5 0
2 years ago
For each of the following transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP
aliina [53]

Answer:

(a.) The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. – <em><u>This will fall under the category of Government Spending(G)</u></em>

Reason: In this case the government is utilizing money in order to construct highway that will benefit public.

(b.) Musashi buys a sweater made in Guatemala –<em><u>This will fall under the category of imports(M)</u></em>

Reason: The product/commodity is being produced outside domestic boundaries, hence it is calculated under imports

(c.) Rina gets a new refrigerator made in the United States. - <em><u>This will fall under the category of consumption(C)</u></em>

Reason: Commodities produced within the domestic boundaries and further consumed or bought within domestic boundaries will be calculated under consumption

(d.) Rina's father in Sweden orders a bottle of Vermont maple syrup from the producer's website. - <em><u>This will fall under the category of exports(X)</u></em>

Reason:  Here the maple syrup is being delivered to a third party living abroad so it will be calculated under export .

(e.) Musashi's employer upgrades all of its computer systems using U.S.-made parts. - <em><u>This will fall under the category of investment(I)</u></em>

Reason:  Money spent to upgrade the system in order to increase productivity and this indeed will have an effect for a long duration. Therefore it'll be seen as an investment.

6 0
3 years ago
Lana needs to create forms for tables in her database to ensure consistency with data entry. What is the easiest way to achieve
Rashid [163]

Answer:

Form wizard

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In microsoft access, form wizard is a menu that user can choose to create forms with specific adjustment rather than pre-determined design in the normal form option.

Using form wizard, User can select the fields that he/she wants to include and letting you determine how the data is sorted and grouped.

3 0
3 years ago
What's the difference between a checking account and a savings account?
elena-s [515]

Answer:

D. A checking account comes with a credit card.

Explanation:

A checking account is opened to facilitate regular bank transactions such as deposits, withdraws, cash transfers, payments, among others. There are no limits to the number of transactions that one can perform per period. Bank's fee and charges are applicable per transaction. To facilitate payments, withdrawals, and deposits, banks provide debit cards to customers.

Savings accounts are designed to help customers accumulate funds for future use. Banks limit withdrawals and offer interest payments to encourage customers to save. Savings accounts have fewer charges and don't come with debit cards.

6 0
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