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rusak2 [61]
3 years ago
7

Gross Domestic Product equals $1.2 trillion. If consumption equals $690 billion, investment equals $200 billion, and government

spending equals $260 billion, then:
Business
1 answer:
4vir4ik [10]3 years ago
5 0

Answer:

imports exceed exports by $50 billion.

Explanation:

Calculation to determine how much imports exceed exports

Gross Domestic Product $1.2 trillion

Less Consumption ($690 billion)

Less Investment ($200 billion)

Less Government spending ($260 billion)

($1.2 trillion-$690 billion-$200 billion-$260 billion)

Then:imports exceed exports by $50 billion

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An interactive, Internet-enabled system that allows individual customers to design their own products by answering a few questio
lara31 [8.8K]

Answer:

A. Choiceboard.

Explanation:

An interactive, Internet-enabled system that allows individual customers to design their own products by answering a few questions and choosing from a menu of product or service attributes, prices, and delivery options, is referred to as a choiceboard.

7 0
3 years ago
Qs 14-2 fixed and variable costs lo c2 a cell phone company offers two different plans. plan a costs $80 per month for unlimited
Arlecino [84]

Plan A: Post paid plan

Total cost A = $80 per month

 

Plan B: Pre paid plan

Total cost B = $0.20 per minute * 1,700 minutes + $0.10 per text message * 1,600 texts

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Total cost B = $500 per month

 

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3 0
3 years ago
Ayayai Corporation has outstanding 400,000 shares of $10 par value common stock. The corporation declares a 100% stock dividend
maxonik [38]

Answer:

Explanation:

The journal entries are shown below:

On Declaration date

Retained Earnings A/c Dr $4,000,000         (400,000 shares × $10)

        To Common Stock Dividend Distributable A/c $4,000,000        

(Being dividend is declared)

On distribution date:

Common Stock Dividend Distributable A/c Dr $4,000,000    

           To Common Stock A/c $4,000,000    

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8 0
3 years ago
When government expenditures increase, the interest rate
Julli [10]

Answer:

The correct answer is option d.

Explanation:

When there is an increase in the government expenditures, the income in the economy will increase. As a result, the demand will increase. The increase in demand will increase the price level.

The suppliers will produce more. To increase output more capital investment will be required. This will further cause an increase in the demand of loan-able funds. So, the interest rate will increase as well.

With the increase in interest rates, the cost of borrowing will increase. This will lead to lesser capital investment and as a result the aggregate demand will be smaller, because of lower production and thus lower income.

5 0
3 years ago
What is an externality? how do externalities relate to socially optimal quantity?
Elodia [21]
An externality in business or economics is where an industrial activity has an unexpected side effect which does not figure in the cost of the goods and services involved.  For example, I worked many years at a large mine. Just the existence of the mine there meant it was a no-hunting area so a side effect was that the moose used it as a refuge during hunting season which as a side effect was beneficial to the moose (and deer). Another example is that we used to crush mine rock for the haulroads for winter traction. As a result, it was found that the fines from this were concentrated with copper values so were put in the mill for processing-an unexpected outcome.
7 0
3 years ago
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