Answer:
A. Landscape lawns produce positive externality.
B. Sports vehicle generates a positive externality
C. Walk to work creates positive externality.
D. Cigarettes create a negative externality.
Explanation:
Positive externality occurs when society gets benefit from a persons act. Susan has created lawns near her house and there are beautiful flowers in the lawn. This will be relaxing for those who pass near by the lawns. There will be fresh air coming from the lawn and society will look pleasant.
Negative externality is one in which society is harmed by the act of a person. This happens when Anita smokes at a bus stop. There are other travelers who will be present at the bus stop might be harmed from the smoke which arises from the cigarette.
Assuming an upward-sloping as curve, if consumption spending falls while all other levels of expenditure stay the same in an economy that is at full employment, a GDP gap will be visible.
Retail store managers will take activities that result in greater Unemployment when undesirable inventories build up.
<h3>What is GDP?</h3>
- Gross domestic product (GDP) is a monetary indicator of the total market worth of all the finished products that nations create over a certain time period.
- This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.
- Consumption, investment, government spending, exports, and imports make up the components of the GDP when it is calculated using the expenditures method.
- Gross fixed capital formation, changes in inventories, changes in consumption expenditure (by households, NPISHs, and general government),
- And exports of goods and services are all included in the calculation of gross domestic product (GDP), which is then subtracted from imports of goods and services.
Learn more about GDP here:
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Answer:
B
Explanation:
Since the average copier was sold $3000
Budgeted 175 copier was sold $3200
Therefore $3000+$3200= $6200
6200*180=$1116000
We subtract it from the 180*$3000=$54000
$1116000-$540000
=$576000
