Answer:
The answer is $1,701 billion
Explanation:
Gross Domestic Product (GDP) is the cumulative (total) market value of the final outputs (goods and services) produced within an economy(country) during a given period of time usually a year.
GDP = C + I + G + (X - M)
where C - expenditure by households or consumers
I - investments by businesses or firms
G - expenditure from the government
X - exports from the country
M - imports into the country
Total consumers' expenditure is:
durable goods = $200 billion;
nondurable goods = $350 billion; services = $600 billion
Total. $1,150 billion
Total business investment is $200billion
Therefore, GDP is
$1,150 + $200 + $400 + ($30 - $79)
=$1750 - $49
= $1,701 billion
Answer:
The equilibrium quantities of lettuce reduces and price remains the same.
Explanation:
In the attached image is the grapichal analysis of the reduction of demand and supply in the same proportion.
Answer:
"TQM is considered a customer-focused process and aims for continual improvement of business operations. It strives to ensure all associated employees work toward the common goals of improving product or service quality, as well as improving the procedures that are in place for production."
If she's skipping TQM training seminars she's not helping to ensure all associated employees, including her, toward improving product or service quality.
Reference: Barone, Adam. “How Total Quality Management (TQM) Works.” Investopedia, Investopedia, 15 Sept. 2019
Answer: Option B
Explanation: Corporate social responsibility refers to the concept that if a business is operating in a society than it also have some responsibility towards it. It states that business takes resources from the society and must return the favor in some way.
But there are some critics of this concept that states that nothing is provided by the society for free and the entrepreneur pays sufficient for such resources and services. Thus extra effort is not needed for the betterment of society.
Hence we can conclude that the correct option is B .
Answer:
$1,125.30
Explanation:
The Price of the Bond is its Current/Trading price also known as the Present Value (PV). This is determined as follows :
Fv = $1,000
Pmt = $1,000 × 6% = $160
P/yr = 1
n = 16
i = 14%
PV = ?
Using the Financial calculator to enter the values as above, the Pv is $1,125.30.
Thus, the price of the bond is $1,125.30.
