Answer:
The answer is B.
Explanation:
Gross Domestic Product (GDP) is the total market value of all the final goods and services produced within a sovereign nation(country) during a given period of time usually a year.
Gross Domestic Product (GDP) can be calculated using expenditure method or income method or value-added method.
To analyze this question, expenditure method will be used. The formula is C + I + G + (X-M)
where C is the consumer spending
I is the business investments
G is the government spending
X is the exports
M is the imports.
Government has injected $200 billion into the economy through its spending.
This $200 billion is gotten from an increase in taxes, meaning consumers' disposable income has reduced by this amount.
Therefore, $200 billion will still be the incremental amount to the GDP
Answer: Yes. Winona was an independent contractor
Explanation:
Based on the analysis and the information that have been provided in the question, we can say that Winona was an independent contractor.
An independent contractor is an individual who works for someone else and gets paid for the work done by the employer but it should be noted that the person is not under the control of the employer. .An independent contractor is termed an agent and not employed by the company he or she is working for.
False, while the supply of major film stars is small and relatively fixed in the short run, the demand for the average doctor or nurse is quite large globally. By stating that the marginal benefit of services provided by doctors and nurses is considerably lower than the marginal benefit of services provided by major film stars, the diamond-water paradox is illustrated. This suggests that while there is a greater demand than there is for major film stars, there is a greater supply of doctors and nurses.
The marginal utility that major movie stars provide to moviegoers is greater than the marginal utility that patients receive from doctors and nurses. This is due to the fact that people who use the services of well-known actors and actresses are more willing to pay for them than people who use the services of physicians and nurses. Though a person's health is more important to their quality of life than movies, consumers value movies more for their utility than their health, especially once they have achieved a basic level of sound health. This actually explains the "diamond water paradox," in which consumers are willing to pay more for valuable diamonds than they are for the water that sustains life. In plain English, people are more willing to value the satisfaction they get from watching one more movie than they are from receiving more medical attention. That implies that people only give basic healthcare needs a thought.
Note that the full question is:
Movie stars such as Salma Hayek, Samuel L. Jackson, Dwayne Johnson, and Jennifer Lawrence are paid millions of dollars per movie, which can take as much as 6 months of full-time work for an actor. By contrast, doctors and nurses earn considerably less over the same time period. Why might this be? While the supply of (major film stars OR doctors and nurses) is small and relatively fixed in the short run, the demand for (the average doctor or nurse OR movies featuring these film stars) is quite large globally. By contrast, the marginal benefit of the services provided by (major film stars OR doctors and nurses) is relatively low, although the total benefit is quite high. This illustrates the diamond-water paradox. True or False
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Amazon is different from most competitors, as they were able to grasp the importance of internet ahead of their competitors, and draw customers towards the website through events (that led to discounts), availability (such as free shipping & the fact that one does not have to go out to get the items one needs), and being a brand-name, which gives Amazon more customers.
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Answer: a
Explanation:
Competitive advantages are conditions that allow a company or country to produce a good or service of equal value at a lower price or in a more desirable fashion. These conditions allow the productive entity to generate more sales or superior margins compared to its market rivals. The firms ability for recycle material will allow the firm to produce good more efficiently than its competitors, which leads to greater profit margins.