Each items as a component of Gross Domestic Product (GDP) are:
Consumption:
Investment:
- A domestically manufactured business computer
Government purchases
- A public school teacher's salary
Net export:
<h3>What is Gross Domestic Product (GDP)?</h3>
Gross Domestic Product (GDP) can be defined as the overall value of goods and service that are produced and sold in the market during a particular period of time.
Based on the information given each items as a component of Gross Domestic Product (GDP) are:
Consumption:
- Ice Cream
- 55 cent tacos
- A domestically manufactured personal computer
- Cab fare for personal use
- A ticket to a local sporting event
Investment:
- A domestically manufactured business computer
Government purchases:
- A public school teacher's salary
Net export:
Inconclusion each items as a component of Gross Domestic Product (GDP) are:
Consumption:
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Answer: C) slowly; disinflation
Explanation: In the 1870's and 1880's, when gold production was low, the money supply grew slowly causing disinflation.
This means the low production of gold caused money supply to grow slowly causing disinflation.
What is disinflation? Disinflation is a decrease in the rate of inflation. It is a slowdown in the rate of increase of the general price level of goods and services in a nation's gross domestic product over time.
Having enough on that credit
Answer:
Sticker price is the published tuition and fees whereas net price is what the student pays after financial aid (much lower than sticker price).
Hope this helped! :)
Answer:
The correct answer is $220,000.
Explanation:
According to the scenario, computation of the given data are as follows:
Selling price = $7.5
Variable cost = $3.5
Annual sales = 55,000 kites
We can calculate the fixed cost by using following formula:
Fixed cost = Annual sales × ( Selling price - Variable cost )
Fixed cost = 55,000 × ( $7.5 - $3.5 )
= 55,000 × $4
= $220,000