Answer:
A $38,000- Germany: B $50,000- Finland: C $0 , America
Explanation:
GDP represents the total value of all the goods and services produced within the country. The expenditure method is one of the methods that economist use in calculating the value of GDP. Expenditure refers to spending. In measuring the GDP, the expenditure method takes account of expenditure on all the output of a country. Economists add up the values of finals goods and services produced within the borders of a country and multiply them by their prices. The result is the nominal GDP.
The formula for calculating GDP is as follows
GDP equals consumer spending on goods and services plus investor spending on business capital goods plus government spending on public goods and services plus net exports
In Germany, GDP will increase by $38,000. It is the value of the car produced in Germany. In the formula, it is part of the net exports for the country.
In Finland, the GDP will increase by $50,000. It is the value of services offered by the American while working in Finland. In Calculating GDP, all output within the country is considered regardless of the person who produced it.
In the USA, the GDP will increase by 0$. The car was bought in the US, but it was an import. The expenditure formula does not consider imports. The amount of $50,000 was not earned within the borders of the US.
Answer:
COGS= $81,146.88
Explanation:
Giving the following information:
Your company has sales of $93,600 this year and the cost of goods sold of $64,700. You forecast sales to increase to $ 117, 400 next year.
First, we need to calculate the percentual participation of cost of goods sold:
%COGS= 64,700/93,600= 0.6912= 69.12%
<u>Now, using the same percentage, we calculate the cost of goods sold for the estimated new sales:</u>
COGS= 117,400*0.6912= $81,146.88
Answer:
Suppose the economy is experiencing an output gap of –3%
a. Monetary policy or fiscal policy can be used to raise actual output toward potential output when:
The government can increase its spending or reduce taxes, which will shift the IS curve to the right and increase GDP.
The Fed can reduce the interest rate, which will shift the MP curve down and increase GDP.
b. The policies identified in part a,
can be used together to raise actual output toward potential output.
Explanation:
Investment-Savings (IS) curve shows all the levels of interest rates and output (GDP) at which an economy's total desired investment (I) equals its total desired saving (S). This equilibrium can be achieved at a level of interest rate that maximizes output. The IS curve slopes downward, and to the right because at a lower interest rate, investment is higher, which produces more total output (GDP) for the economy.
The Five Basic Elements of a Paragraph:
1. Unity
2. Development
3. Audience
4. Organization
5. Topic Sentence
Answer: A. Spelling
hope this helps!
