All categories

3 years ago

1. What are the four components of the output expenditure model? Explain each of the four in your own words.

Business

1 answer:

patriot [66]3 years ago

8 0

Answer:

The four components of gross domestic product are personal consumption, business investment, government spending, and net exports. 1 That tells you what a country is good at producing. GDP is the country's total economic output for each year. It's equivalent to what is being spent in that economy.

Explanation:

You might be interested in

question 1 you are presenting your theory about the correlation between recent sales increases and a current pop culture trend.

Sveta_85 [38]

The opening or introduction of your presentation is the ideal time to introduce the hypothesis. The tentative solutions are important about the presentation.

<h3 /><h3>What is a hypothesis?</h3>

A hypothesis is a theory that is put up as a potential explanation for a certain circumstance or condition but has not yet been shown to be true. Scientists can design a straightforward laboratory experiment to verify this theory.

In the context of science, a hypothesis is an assertion based on current knowledge that is appropriate for describing a particular phenomenon but whose validity has not been established or has not been independently tested.

Typically, the researcher's hypothesis is referred to as the alternative hypothesis, and any other result is referred to as the null hypothesis, or, more simply put, the opposite result from what was predicted.

Learn more about hypothesis, here

brainly.com/question/29519577

#SPJ1

7 0

1 year ago

For most countries and most firms, the domestic country beta Multiple Choice can be no lower than its world beta. is normally mu

stira [4]

Answer:

Can be no lower than its world beta

Explanation:

For most countries and most firms, the domestic country beta can be no lower than its world beta.

7 0

4 years ago

Despite trade restrictions, international business is a. struggling for survival. b. decreasing. c. slowing down. d. moving slow

vlabodo [156]

Answer:

The answer is e. growing

Explanation:

The reason international business will continue to grow is because no nation can meet all its needs by itself. There will always be importation and exportation. This is where Comparative Advantage comes in.

What is comparative advantage?

Simply put, this is the ability of a company or an economy to produce and sell goods and services at a lower price than its competitors, and still realize a larger sales margin. This theory was introduced by the English political economist David Ricardo in 1817.

Another reason why international trade will continue to grow is because of Absolute Advantage.

Absolute advantage refers to the ability of an economy or a company to produce more or better goods and services than its others.

Let us assume that country A cannot produce its own oil, but country B can. In this scenario, country B has Absolute advantage over country A, therefore country A will naturally import oil from country B regardless of whether there are trade restrictions between them. This is because country A must fulfill its oil needs whether it likes it or not.

3 0

3 years ago

A major goal of use of an electronic health record is the sharing of important clinical information about a patient. The use of

Ainat [17]

A major goal of use of an electronic health record is the sharing of important clinical information about a patient. The use of Continuity of Care Documents (CCD) is directly related to this goal.

>Electronic health record (EHR), or electronic medical record (EMR), are the systematized collection of patient and population electronically-stored health information in a digital format.

4 0

3 years ago

Supler Corporation produces a part used in the manufacture of one of its products. The unit product cost is $22, computed as fol

notsponge [240]

Answer:

It is cheaper to buy the component.

Financial advantage= $23,500

Explanation:

Giving the following information:

Direct materials $7

Direct labor $8

Variable manufacturing overhead $3

Fixed manufacturing overhead $4

An outside supplier has offered to provide the annual requirement of 4,700 of the parts for only $15 each.

First, we need to calculate the total cost of making the product:

Production in-house:

Total cost= (7 + 8 + 3 + 4)*4,700= 103,400

Buy:

Fixed costs= 2*4,700= 9,400

Buy= 4,700*15= 70,500

Total cost= 79,900

It is cheaper to buy the component.

Financial advantage= 103,400 - 79,900= $23,500

5 0

3 years ago