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ki77a [65]
3 years ago
14

In a small, closed economy, national income (GDP) is $ 500.00 million for the current month. Individuals have spent $ 300.00 mil

lion on the consumption of goods and services. They have paid a total of $ 200.00 million in taxes, and the government has spent $ 150.00 million on goods and services this month. Use this information and the national income identity to answer the questions. How much is spent on investment in this economy?
Business
1 answer:
alexdok [17]3 years ago
4 0

Answer:

The total investment in the economy is $50 million

Explanation:

The following equation is used to calculate the GDP: GDP = C + I + G + (X – M) or GDP = private consumption + gross investment + government investment + government spending + (exports – imports)

Using this formula we can determine the amount of investment.

Investment = 500 (GDP) - 300 (private consumption) - 150 (government spending) = $50.

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CaHeK987 [17]

Answer:

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Explanation:

The administrative assistants, receptionists, and file clerks perform important functions.  In their various capacities and roles, they help their bosses to function more efficiently and effectively by relieving them of routine tasks.  As they perform these duties, their bosses are enabled to concentrate their efforts and time in managing their assigned responsibilities.  However, these job titles are not universally uniform, as it depends on the organization.

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3 years ago
What is a personal value? Help
Nataly_w [17]

Answer:

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Explanation:

5 0
3 years ago
Read 2 more answers
Under normal conditions (70% probability), Plan A will produce $20,000 higher return than Plan B. Under tight money conditions (
Lorico [155]

Answer:

A. ($16,000)

Explanation:

The computation of the expected value of return equal to

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= $14,000 - $30,000

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3 0
3 years ago
Which of the following does a firm possess when it can outperform other firms in the same industry or the industry average over
never [62]

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8 0
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Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead
saw5 [17]

Answer: $66, 600

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8 0
3 years ago
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