It’s not for African Americans as a group even with higher levels of income and education.
Answer:
Therefore government purchases is $300 million
Explanation:
In this case, GDP is the sum of consumption, investment, and government purchases. To calculate the value of consumption we use the formula:
CC + II + GG = Y
GG = Y - CC - II
Where:
government purchases = GG
taxes minus transfer payments (TT) = $260 million
consumption (CC) = $300 million
investment (II) = $300 million
Y = country GDP = $800 million
GG = Y - CC - II
Substituting:
GG = $800 million - $300 milllion - $300 million
GG = $200 million
Therefore government purchases is $300 million
Answer:
A) The price of a donut is $2.00 in 2009.
B) Rina's wage is $14.00 per hour in 2009.
Explanation:
The nominal value of a variable is its monetary amount, in this case, in dollars which is susceptible to currency fluctuations and inflation. Therefore, statements A and B present the nominal value of a variable.
When valuing a variable as an exchange for another good, that is assigning a real value to that variable since monetary changes won't affect the relationship between two goods.
The answers are A) and B)
Answer:
$26,000
Explanation:
The calculation of Net increase or decrease in income on replacement is shown below:-
Net savings in Variable cost for 4 years = Variable manufacturing costs × Life
= $19,800 × 4
= $79,200
Net Investment to be made in New machine = Initial investment of new machine - Traded in value of old machine
= $128,000 - $22,800
= $105,200
Net financial disadvantage of replacement = Net savings in Variable cost for 4 years - Net Investment to be made in New machine
= $79,200 - $105,200
= $26,000
So, for computing the net financial disadvantage of replacement we simply applied the above formula.
Answer: The best way to ensure that your company has read and understand the code of ethics is to establish a policy for employees to read it every year and that at the end of the reading, take a knowledge test with a minimum of 90% to pass.
Explanation: The code of ethics establishes parameters that standardize the behavior of people linked to a company. By conducting the assessment every year you ensure that people refresh the code of ethics. You can also offer tutorials that serve to get the message better before the evaluation and if someone fails the evaluation, that person must repeat it until they qualify at this 90%.
