Answer 1) Option B) Shift to the right.
Explanation : If the amount of land available to the company increases, the PPC will shift to the right. As the graph indicates, the PPC will grow by shifting on right side as the company is acquiring more land for building purpose.
Answer 2) Option C) Remain Unchanged.
Explanation : The company realizes it cannot construct any buildings on a portion of the land because it is at risk of a cave-in.
In this case, the PPC will remain unchanged. When the company realizes that no construction can be done on the portion of land because of its hollowness the PPC will remain to be undisturbed.
Answer:
- <u><em>Pakistan's GDP = 13.53 trillions of rupees.</em></u>
Explanation:
<em>GDP</em> is the gross domestic product. It is the value of all the goods and services produced by an economy (a country), in a period, which is normally one year.
The <em>GDP</em> can be calculated with the equation:
GDP = Consumption + Investment + Goverment spending + Net Exports
Where, Net Exports is the value of the exports less the value of the imports.
Thus, the values that you need to sue to calculate the GDP are:
- Consumptiion
- Investment
- Goverment spending
- Exports
- Import
<u>Identify</u> the values that you need to incorporate in your formula. Here is the selection (all the amounts are in trillions of rupees):
- Consumption = individuals consume: 10.40
- Investment = businesses invest = 1.35
- Government spending = goverment purchases = 2.80
- Exports = Pakistan exports = 1.29
- Imports: Pakistan imports: 2.31
Those are all. Other items, i.e. foreigners spend (0.60 trillions of rupees) and individuals save (5.00 trillions of rupees), do not count for the GDP.
<u>Compute</u> (in trillions of rupees):
- GDP = 10.40 + 1.35 + 2.80 + (1.29 - 2.31) = 13.53
<u>Answer</u>: Pakistan's GDP = 13.53 trillions of rupees.
Answer:
The first transaction will be recorded as a note receivable, whereas the second transaction will be recorded as an account receivable.
Explanation:
