1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
malfutka [58]
2 years ago
9

Measuring GDP

Business
1 answer:
Ymorist [56]2 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

You might be interested in
Select the correct answer.
Helga [31]

Answer:D

Explanation:                        :) trust me look at meh face

6 0
3 years ago
Need Help ASAP!!!
svetlana [45]
Q: What was the central point that Bastiat was trying to make in his imaginary petition of the candle makers? A: <span>The "Candle Maker's Petition" is a satire of protectionist </span>tariffs<span> written the by great French economist, </span>Frederic Bastiat.
<span>
Q:</span><span>Do you agree with Bastiat? A: this is an opinion. no right or wrong.

Q:</span><span>Why or why not? How does this argument relate to current arguments about free trade? A: Again your opinion if needed for this responce.
</span>

5 0
3 years ago
If Joel earns a 7 percent after-tax rate of return, $27,000 received in two years is worth how much today
steposvetlana [31]

Answer: $23571

Explanation:

For this question, we have to calculate the present value of $27,000 with the given rate and the time that have already been given in the question to know the worth tiday. This will then be:

= $27,000 x PVIF (7%, 2)

= $27,000 x 0.873

= $23,571

8 0
3 years ago
Activities that involve the production or purchase of merchandise and the sale of goods and services to customers, including exp
Anika [276]

Answer:

Operating activities

Explanation:

The operating activities deal with the purchase and sale of merchandise to the customers plus it also involves the expenditure incurred for day to day operations like - wages and salaries expenses, administrative expenses, selling and other general expenses

By performing day to day activities, the company is enabled to generate the revenues through which the company could accomplish its goals and objectives.

5 0
3 years ago
Month Maintenance Machine Health Number of Shipping Units
8_murik_8 [283]

Answer:

1. Variable cost = Shipping costs

Fixed cost = Health Insurance

Mixed cost = Maintenance costs

Shipping costs are variable because a unit shipped costs $3.60. The total shipping cost for each month varies according to the units shipped in the month.

Health Insurance costs are fixed as there is no change in cost notwithstanding the number of employees in each month.  The total health insurance cost remains the same every month.

Maintenance costs are mixed for each month, as there is a fixed element and a variable element.

2. Cost function for each cost:

Maintenance = $4,200 + $2.10 per machine hour

Health Insurance = $8,600

Shipping cost = $3.60 per unit

3. Cost function = $12,800 + $2.1m + $3.6s

where m = machine hours

and s =  units shipped

4. The total operating cost for the month

= $46,040

Explanation:

a) Data and Calculations:

Month     Maintenance Machine  Health   Number of  Shipping     Units

                     costs        Hours  Insurance  Employees   Costs    Shipped

January          4500       165         8600            68            25778       7160

February        4452       120         8600            75           29664      8240

March            4600       230        8600            92            28674      7965

April               4850        318        8600           105           23058      8405

May                5166       460        8600            89            21294       5915

June              4760       280        8600            87            33282      9245

July                4910       340        8600            93             31428      8730

August         4960       360        8600            88            30924       8415

September  5070       420         8600            95             25110     6975

October      5250       495         8600           102           25866      7185

November   5271        510         8600            97             20124    5590

December  4760       275         8600            94            34596     9610

Cost Function for each cost:

Maintenance cost:

                     Machine Cost

                        Hours

November         510    5271

February           120    4452

Difference       390      819

Variable cost = $2.10 (819/390)

Fixed cost = $4,200 ($5,271 - ($2.10*510))  

Health Insurance:

Fixed cost = $8,600

Shipping cost:

Variable cost = $3.60 per unit

Cost function = $4,200 + $2.10m + $8,600 + $3.60s

= $12,800 + $2.1m + $3.6s

February cost = $12,800 + $2.1(120) + $3.6(8240)

= $12,800 + $252 + $29,664

= $42,716

IF:

Machine hours = 400

Employees = 80

Shipped units = 9,000

The total operating cost for the month will be:

Cost function = $12,800 + $2.1m + $3.6s

= $12,800 + ($2.1 * 400) + ($3.6 * 9,000)

= $12,800 + $840 + $32,400

= $46,040

4 0
3 years ago
Other questions:
  • OSHA issues fines against companies which have safety violation in order to _______.
    8·2 answers
  • What are the three benefits of networking when searching for a job
    11·2 answers
  • A food handler, in a hurry to refill drink, cannot find the ice scoop. To prevent cross-contamination, what should the food hand
    5·1 answer
  • In the short run, contractionary monetary policy _________ real gross domestic product (GDP), _________ unemployment, and ______
    8·2 answers
  • Who is the register general of c.a.c​
    9·1 answer
  • A company with a December 31 fiscal year end sold and delivered $5,000 worth of inventory on December 15, 2016 with payments of
    13·2 answers
  • Dorglass Incorporated reported the following information about the production and sale of its only product during the first mont
    11·1 answer
  • A law firm billed a client $1,800 for entries will the firm make to record this transaction? work performed in the current month
    6·1 answer
  • PLZ HELP I AM TIMED!!!!!!
    6·2 answers
  • 2<br>Find the odd one out Turnip, Arbi , Potato ​
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!