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2 years ago

Evaluate an open economy from the spending approach in order to get the three sectorial balances, private, external, and public.

Business

1 answer:

velikii [3]2 years ago

5 0

Answer:

GDP for an open economy from the spending approach follows this equation:

GDP = Consumption + Investment + Government Spending + Net Exports (Exports - Imports)

It can also be written as:

GDP = C + I + G + NX (X - N)

The balance of private consumption is simply equal to C, the balance of public spending is G, and the balance of the external sector is net exports or NX.

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Frans paid R9600 as interest on a loan he took 5 years ago at 16% rate. What's was the amount he took as loan?

chubhunter [2.5K]

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Any choices?

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3 years ago

You are the curator of a museum. The museum is running short of funds, so you decide to increase revenue. What should you do to

SVETLANKA909090 [29]

Answer and explanation:

Demand elasticity measures the changes in quantity demanded as the result of changes in price. Demand elasticity is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal or higher than one (1) the product is elastic but if the result is lower than 1 the product is inelastic.

In the case, as the elasticity of demand of the museum ticket is 0.45 it means the museum tickets is inelastic. This scenario implies that in front of changes of price the quantity demanded will not change. Thus, as a curator of the museum you should increase the museum ticket price to increase revenue.

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2 years ago

Which organization does not provide free or loss cost training and counseling associated with the Small Business Association

xeze [42]

The organization that does not provide free or loss cost training and counseling associated with the Small Business Association is IBRD.

<h3>What is Small Business Association?</h3>

A Small Business Association are agencies that provides resources (like capital, skill, advice) to small businesses for innovation, growth etc

SCORE, VBOC and WBC are all agencies that provide free mentoring services, free training, loss-cost training, counseling etc

Hence, the organization that does not provide free or loss cost training and counseling associated with the Small Business Association is IBRD

Therefore, the Option A is correct.

Read more about Small Business Association

brainly.com/question/2072884

6 0

2 years ago

You bought a stock for $28.29 and sell it for $35 after four years. What was the true annual rate of return (compounded)

Irina18 [472]

Answer:$1.68

Explanation:

4 0

2 years ago

Read 2 more answers

Cullumber Company bought equipment for $150000 on January 1, 2021. Cullumber estimated the useful life to be 5 years with no sal

Leviafan [203]

Answer:

Annual depreciation 2022= $24,000

Explanation:

Giving the following information:

Purchase price= $150,000

Useful life= 5 years

Salvage value= $0

First, we need to calculate the annual depreciation for 2021:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (150,000 - 0) / 5

Annual depreciation= $30,000

Now, the revised depreciation:

Annual depreciation= (150,000 - 30,000) / 5

Annual depreciation= $24,000

We divide by 5 years because one year has passed.

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2 years ago