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andreyandreev [35.5K]
3 years ago
8

Please calculate GDP using the following information: Government purchases - $200 billion Depreciation - $60 billion Investment

- $80 billion Consumption - $600 billion Exports - $100 billion Imports - $120 billion Income receipts from the rest of the world - $10 billion Income payments to the rest of the world - $8 billion
Business
1 answer:
Pepsi [2]3 years ago
7 0

Answer:

The GDP is $860 billion.

Explanation:

The gross domestic product (GDP) can be calculated using the expenditure approach formula as follows:

Y = C + I + G + (X - M) ....................................... (1)

Where:

Y = GDP = ?

C = Consumption = $600 billion

I = Investment - $80 billion

G = Government purchases = $200 billion

X = Exports = $100 billion

M = Imports = $120 billion

Substituting the values into equation (1), we have:

Y = $600 + $80 + $200 + ($100 - $120) = $860 billion

Therefore, the GDP is $860 billion.

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Answer:

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The same would be considered

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An important basic characteristic of common stocks that makes them a suitable type of investment for the separate account of var
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Complete Question:

An important basic characteristic of common stocks that makes them a suitable type of investment for the separate account of variable annuities is:

Group of answer choices

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D) the yield is always higher than bond yields.

Answer:

B) changes in common stock prices tend to be more closely related to changes in the cost of living than changes in bond prices.

Explanation:

An important basic characteristic of common stocks that makes them a suitable type of investment for the separate account of variable annuities is changes in common stock prices tend to be more closely related to changes in the cost of living than changes in bond prices.

Generally, common stocks are considered by financial experts or broker-dealers to be a suitable type of investment of variable annuities because the prices of common stocks in the market are not fixed and as such they are affected by economical changes such as inflation or recession.

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Which of these is a nonstore retailer?
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Jessep Corporation has a standard cost system in which manufacturingoverhead is applied to units of product on the basis of dire
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Answer:

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