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konstantin123 [22]
3 years ago
8

The following are national income account data for a hypothetical economy in billions of dollars: gross private domestic investm

ent ($320); imports ($35); exports ($22); personal consumption expenditures ($2,460); and, government purchases ($470). What is GDP in this economy?A)$3,250 billionB)$3,263 billionC)$3,237 billionD)$3,290 billion
Business
1 answer:
DaniilM [7]3 years ago
4 0

Answer:

The answer is C)$3,237

Explanation:

GDP = private consumption + gross investment + government investment + government spending + (exports – imports).

GDP C+ I + G + (X_M)

GDP= 2460 + 320 + 470 + (22-35) = 3237

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When Rosalyn comes into the office, she speaks to no one, shuts her door, and is rarely seen again until lunch. She supervises a
nika2105 [10]

Answer:

When Rosalyn comes into the office, she speaks to no one, shuts her door, and is rarely seen again until lunch. She supervises a team of 12 people though. Carmelita has a new idea she would like to share with management, but is unsure if she should take it to Rosalyn. How would you describe this upward communication?

Option B: lacking trust

Explanation:

Upward communication is the process of information or communication channel methods flowing from the front-line or lower levels employees of a hierarchy to transfer messages the upper levels, to managers, like Rosalyn, supervisors and directors. This type of communication is becoming more popular in organizations as traditional forms of communication are becoming less popular but these channels may face significant barriers for employees attempting to send feedback or other communication to higher-level management as trust involves knowing that a partner has your best interest at heart and manager as Rosalyn may not be prompting employee´s trust not having an "open door policy" which enables trust among her employees. It is hard to feel safe and secure when you are involved with someone who would betray your trust. Not only is trust important, but a lack of trust, distrust, doubt, doubtfulness, dubiety, dubiousness, incertitude, question, skepticism, suspicion, uncertainty, wonder leeriness, suspicion and lack of conviction or certainty often leads to lying, deception or unwillingness which makes subordinates not to send the information to their superior willingly. Manager who are not open cause fear of inefficiency therefore, the communication system may be disrupted.

Upward communication helps employees to express their requirements, ideas, and feelings. For the top management, upward communication is an important source of information for business decisions. It helps in alerting top management about the requirement of changes in an organisations.

6 0
3 years ago
Which of the following is an implicit cost in Jim's business venture?
lozanna [386]

Answer:

D) i and iii

Explanation:

Implicit cost refers to economic costs that are not directly attributed to the business but are nevertheless important in making informed decisions. In this case the opportunity costs are implicit cost. They are:

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3 0
3 years ago
When the expenditure approach is used to measure GDP, the major components of GDP are:a. consumption, investment, indirect busin
dangina [55]

Answer:

d. consumption, investment, government consumption and gross investment, and net exports.

Explanation:

GDP = PFCE + GFCE + GDCF + NX

By Expenditure method, GDP = expenditure by all sectors of economy - households, private firms, government, rest of world ; i.e :-

Private Final Consumption Expenditure  (Consumption) + Government Final Consumption Expenditure (Government Consumption) + Gross Domestic Capital Formation (Gross Investment) + Net Exports

3 0
3 years ago
The graph shows excess demand. A graph titled Excess supply has quantity on the x-axis and price on the y-axis. A line with posi
Anton [14]

Answer:the firm should increase price

Explanation:

From the question there is a shortage i.e Demand is greater than Supply, the firm should increase the price of the product which would induce suppliers to increase their supply.

The increase in price would lead to a movement along the demand curve with would in turn correct the disequilibrium.

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3 years ago
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irakobra [83]

Answer:

The correct answer is could be over- utilized, but for temporarily

Explanation:

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So, the economy resources could be over- utilized, but for temporarily through adding the shifts as well as running the equipment for longer but the machines could break down and the labor tires, therefore the over utilization cannot be sustained.

7 0
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