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larisa86 [58]
3 years ago
5

In a small, closed economy, national income (GDP) is $ 600.00 million for the current quarter. Individuals have spent $ 250.00 m

illion on the consumption of goods and services. They have paid a total of $ 100.00 million in taxes, and the government has spent $ 200.00 million on goods and services this quarter. Use this information and the national income identity to answer the questions. How much is spent on investment in this economy
Business
1 answer:
vovangra [49]3 years ago
6 0

Answer:

The answer is $150 million

Explanation:

A closed economy is also called autarky. A closed economy is an economy that trades only within its economy. There is no import and there is no export also. The economy (country) is self-sufficient.

The formula for GDP in a closed economy equals C + I + G

where C is the household/individual consumption.

I is the business or firm's investment

G is the government spending.

GDP is $600million

C is $ 250 million

G is $ 200 million

I = ($600 - $ 250 - $200) million

I= $150 million

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A famous architect wants to build a modern community center building made completely of stainless steel that rises six stories a
slava [35]

Answer: Zoning Ordinances

Explanation:

Here, in this particular case the architect requires the respective city's zoning ordinance in order to build the contemporary community center. Zoning ordinance can be easily described as the written rule or code and the law which further defines how a property in a particular geographic area can be utilized. These ordinances also specify whether the area can be utilized for the commercial or residential intention.

5 0
3 years ago
The Mighty Power Tool Company has the following accounts on its​ books: Customer Amount Owed​ ($) Age​ (days) ABC ​$47 comma 150
frez [133]

Answer:

Accounts receivable more than 60 days = $39,500

% of accounts receivable = 11.07%

Explanation:

The following table shows the aging schedule-

Customer    Amount Owed​ ($) Age​ (days)

ABC               ​$47,150                   32

DEF                 37,500                     7

GHI                  18,900                   14

KLM                72,000                   28

NOP                 41,450                   43

QRS                 16,000                    11

TUV                84,300                   58

WXY               39,500                   75

We have to develop a schedule with a 15 days incremental through 60 days. And we show which customers are falling in that category -

0-15   (DEF + GHI + QRS) = $(37,500 + 18,900 + 16,000) = $72,400

16-30 (KLM) = $72,000

31-45 (ABC + NOP) = $(47,150 + 41,450) = $88,600

46-60 (TUV) = $84,300

Over 60 (WXY) = $39,500

Accounts receivable more than 60 days = $39,500

Percentage of Accounts receivable = \frac{39,500}{72,400+72,000+88,600+84,300+39,500}

= 11.07%

8 0
3 years ago
Diversity has become a critical bottom-line business strategy in today's global economy.
baherus [9]

The statement "Diversity becomes the critical & bottom line strategy of the business for the today economy" is true.

The information regarding diversity is as follows:

  • There is a recent study regarding the Boston Consulting Group i.e. BCG in this, the diversity rises the bottom lines for the organization.
  • It has a direct impact on the bottom line.

Therefore we can conclude that the statement "Diversity becomes the critical & bottom line strategy of the business for the today economy" is true.

Learn more about the diversity here: brainly.com/question/1201548

5 0
3 years ago
What is your favorite restaurant and why?
Shkiper50 [21]

Answer:

i dont knkw

Lamborghini

no

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Explanation:

Plz mark brainliest thanks

3 0
2 years ago
Read 2 more answers
The questionnaire used in Fiedler's model to determine leadership orientation is called the
Yakvenalex [24]

The answer to the question is (B) least preferred coworker scale.

Fiedler uses this for his contingency leadership model, which describes how the best leader is the ones who showcased the best behaviors to manage the circumstances that he or she finds themselves in.

The LPC (least-preferred coworker scale) <u>measures an individual’s leadership orientation, where high scores have high human relations orientation and low scorers have high task orientation.</u>

3 0
3 years ago
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