In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decrease in auto sales impacts GDP because new automobiles are counted as <u>consumption </u>when purchased by households and <u>investment</u> when purchased by businesses.
Gross domestic product (GDP) is the overall monetary or market value of all of the goods and services produced within a country's borders in a particular time period.
GDP can be calculated by adding up all of the money spent by consumers, businesses, and the government in a given period. It may also be calculated by adding up all of the money received by all the participants in the economy.
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Principal Amount P = $ 48000
Rate of interest r = 6% = 0.06
Time interval t = 7
Formula for Interest I = P x r x t => I = 48000 x 0.06 x 7 => I = 2880 x 7
Total Interest for seven years would be $20,160
Answer:
Product
Explanation:
When a person is developing a plan, he must understand the product he is selling.
He can only develop an effective plan if he knows the complete dimensions of the product at hand. An incomplete understanding would lead to developing an ineffective plan that might create the wrong perception of it in the minds of the consumer and eventually effect the sales negatively or maybe engage the wrong market in the process.
Answer: $42.63
Explanation:
To calculate this we will add the present value of Future cash flows (dividends) to the present value of the stock.
Dividend per share one year from now is,
= 238/100
= $2.38
Stock Price a year from now = $46
Discount rate is $13.5%
PV of sum = 2.38/(1+0.135) + 46/ (1 + 0.135)
= 42.6255506608
= 42.63
$42.63 is the Intrinsic value of the stock.
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The option B is the correct answer.