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malfutka [58]
3 years ago
9

Measuring GDP

Business
1 answer:
Ymorist [56]3 years ago
4 0

Answer:

$-625.4 billion

$20,494 billion

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

2531.3 - 3,156.7 = $-625.4 billion

GDP =  13,948.5 +  3,650.1 +  3,520.8 - $-625.4 = $20,494 billion

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To bring in a test group to try out the products before they are released to the general public so that you can work out any issues that the product may contain.
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3 years ago
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Susan is the director of a federally funded program that assists at-risk teens with building communication skills, enhancing aca
Alexxx [7]

Answer:

selective intervention.

Explanation:

The concept of 'selective intervention' was developed by Oliver Williamson. The concept of selective intervention meant the intervention of large firms in small firms by duplicating their activities to produce net gains.

<u>In the given case, Susan is using a selective intervention strategy as her program is assisting at-risk teens to build communicative skills, attaining academic skills, and exploring career possibilities. In this case, the firm of Susan has replicated the activities of small firms by giving at-risk teens the classes to help themselves to gain net profit</u>.

Thus the correct answer is a selective intervention.

6 0
3 years ago
A local Best Buy sells 8 times as many iPods as Sears. The difference between their sales is 490 iPods. How many iPods did each
defon

Answer:

  • <u>Best Buy sells 560 iPods</u>
  • <u>Sears sells 70 iPods</u>

Explanation:

You may set a system of equations.

<u>1. Name the variables: </u>

  • B= <em>number of iPods</em> sold by <em>Best Buy</em>
  • S =<em> number of iPods</em> sold by <em>Sears</em>

<u>2. Translate every verbal statement into a mathematical expression</u>

a) <em>A local Best Buy sells 8 times as many iPods as Sears</em>.

  • B = 8S

b)  <em>The difference between their sales is 490 iPods</em>.

  • B - S = 490

<u>3. Solve the system of equations</u>

a) Substitute B = 8S into the second equation

  • 8S - S = 490

b) Add like terms

  • 7S = 490

c) Divide both sides by 7

  • S = 70

d) Substitue S = 70 into B = 8S

  • B = 8(70) = 560

<u>Solution:</u>

  • Best Buy sells 560 iPods
  • Sears sells 70 iPods
3 0
3 years ago
Determine whether each of the following transactions contributes to the calculation of GDP as total spending, then, identify the
scoray [572]

Answer:

Michelin sells tires to Nissan to install on their 2019 Sentras that are produced and sold in the United States.

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American consumers import $3.5 billion of woven apparel from Bangladesh.

  • Included in the GDP as imports, which reduce total net exports (NX).

The U.S. government spent $523.1 billion on national defense.

  • Included in the GDP as government spending (G).

Entrepreneur and Shark Tank investor Barbara Corcoran purchases 15% of Cousins Maine Lobster food truck company for $55,000.

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To find the net worth of a company, liabilities are subtracted from assets true or false
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Answer:

To find the net worth, subtract the liabilities from the assets

Explanation:

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