Answer: $11564
Explanation:
Total units consumed for August = 96000
There's a peak demand of 624kw
Also, the May through October is 4.5 cents per kilowatt-hour for energy.
The August electric bill will then be:
= 96000 × 4.5/100 + 624 × 11.50 + 68
= (96000 × 0.045) + (624 × 11.50) + 68
= 4320 + 7176 + 68
= 11564
Answer:
The correct answer is: add exports but subtract imports in calculating GDP.
Explanation:
National income refers to the production of goods and services by the residents of a nation within the geographical boundaries of a nation in a given period.
In the calculation of national income, net exports are included. This net export is the difference between exports and imports. In other words, we can say that exports are added and imports are included.
Answer:
1. $50 million
2. $50 million
3. In a closed economy, national savings equals investment
Explanation:
For a closed economy, the formula for calculating GDP = C + I + G
Where C - Consumption
I - investment
G - Government Spending
To find investment ,
750 = 300 + I + 400
I = $ 50 million
National savings = private saving + Government saving
Private saving = Y − T − C
750 - 300 - 250 = $200 million
Public savings = T - G
250 - 400 = $-150 million
National savings = $200 - $ 150 million = $ 50 million
Nb - All numerical values are in $ millions
Answer:
B)
Explanation:
Reese can recover from Alex.
