<span>How does the expenditure approach calculate GDP?
</span><span>b. It adds up the value of four groups of final goods and services.
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The 4 groups are:
1) Consumption
2) Government spending
3) Investments
4) Net Exports
Answer:
1) The IRR of Project X is 10.81%
2) The IRR of Project Y is 10.87%
3) Cross over rate = 9.65%
Explanation:
1) 0 = -$ 15,600 + 6,740/[1+IRR] + 7,320/[1+IRR]^2 + 4,840/[1+IRR]^3
IRR = 10.81%
Therefore, The IRR of Project X is 10.81%
2) 0 = -$ 15,600 + 7,350/[1+IRR] + 7,700/[1+IRR]^2 + 3,690/[1+IRR]^3
IRR Y = 10.87%
Therefore, The IRR of Project Y is 10.87%
3) Cross over rate = 9.65% i.e the rate at which NPVs are equal
A . an interest in animals leads to a career in marketing
Answer:
The correct answer is option d.
Explanation:
When $500 is kept in the piggy bank, it represents the <u>store of value</u> function of money,as currency notes are used to store a value of $500 for future use.
The price of laptop is $500, this price represents <u>the unit of account</u><u> </u>function of money. Money here is being used to represent the value of laptop.
The $500 saved in piggy bank is used to purchase the laptop, this represents the <u>medium of exchange</u> function of money. Here money is being used to exchange goods and services.