1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nataly862011 [7]
3 years ago
10

We have the following data for a hypothetical open​ economy: GNP​ = ​$10 comma 00010,000 Consumption​ (C) = ​$8 comma 2008,200 I

nvestment​ (I) = ​$1 comma 2001,200 Government Purchases​ (G) = ​$1 comma 2001,200 What is the value of the current account​ balance? ​$nothing ​(Enter your answer as an integer. Include a minus sign if necessary​).
Business
1 answer:
jok3333 [9.3K]3 years ago
7 0

Answer:

Current account​ balance. = -$600

Explanation:

Given:

GNP = $10,000

Consumption (C) = $8,200

Investment (I) = $1,200

Government Purchases (G) = $1,200

Find:

Current account​ balance.

Computation:

GNP = Consumption (C) + Investment (I) + Government Purchases (G) + Current account​ balance.

$10,000 = $8,200 + $1,200 + $1,200 + Current account​ balance.

Current account​ balance. = $10,000 - $10,600

Current account​ balance. = -$600

You might be interested in
What are the importance and roles of co-operative societies
Elina [12.6K]
The aim is to investigate the ways in which cooperatives can act as agents towards sustainable community development.
8 0
4 years ago
The loan department of a financial corporation makes loans to businesses. The costs of processing these loans are often several
Ket [755]

Answer:

Operation costing

Explanation:

Operating costing is the combination of the job costing and the process costing. In this the cost are received for each and every operation rather for each and every process

Since in the given situation it is mentioned that they need some outside services like legal services etc so here the costing system that used for the loan department is operation costing

3 0
3 years ago
4. List and explain the reserve requirements for banks in 2019 for checking accounts and savings accounts.
777dan777 [17]

Answer:

love the points

Explanation:

4 0
3 years ago
Read the following actual bill. Sawtooth National Recreation Area and Jerry Peak Wilderness Additions Act Designates specified p
JulijaS [17]
The answer is "Amendments can be added to the bill in committee." This is because they can add some legal document to the bill and more programs to it. Programs such as building the subjects like c<span>emeteries and funerals, forests, land transfers, parks, recreation areas, and trails.</span>
8 0
3 years ago
S Company reported net income for 2013 in the amount of $400,000. The company's financial statements also included the following
inna [77]

Answer:

Net cash Provided by Operating activities = $416000

Explanation:

Using indirect method for Cash flow from operating activities we use following steps to get value of net cash provided by operating activities.

Net income                                                                     $400000

Add: Depreciation                                                           $104000

Less: Gain on Sale of Land                                             -$148000

Less: Increase in Accounts Receivable                          -$80000

Less: Increase in Inventory                                              -$60000

Add: Increase in Accounts Payable                                $200000

Net Cash Provided by operating activities                     $416000

7 0
3 years ago
Other questions:
  • I.D. Clair Co. recorded a right-of-use asset of $100,000 in a 10-year operating lease. Payments of $14,795 are made annually at
    6·1 answer
  • TropiKana​ Inc., a U.S​ firm, has just borrowed euro​ 1,000,000 to make improvements to an Italian fruit plantation and processi
    15·1 answer
  • 1. Using the given demand and supply​ equations, calculate the effect of a 35​-percent increase in copper demand on the price of
    12·1 answer
  • Presented below is the trial balance of Novak Corporation at December 31, 2020. Debit Credit Cash $ 198,550 Sales $ 8,101,220 De
    14·1 answer
  • Under normal conditions, which of the following would be most likely to increase the coupon rate required to enable a bond to be
    9·1 answer
  • Protsky Inc. paid a dividend of $2.20 per share this year. The dividend growth rate for Protsky's dividends is 3 percent per yea
    7·1 answer
  • Activity-based costing is preferable in a system:
    11·1 answer
  • HELP!<br> You should always emphasize a word in the middle of a sentence.<br> A.True<br> B.False
    11·2 answers
  • ________________ is the degree of sound intensity or audibility.
    9·2 answers
  • Help help help businesses
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!