Answer:
Net export of goods and services equals -$578.4 billion(its in negative)
While Gross Domestic Product is $19,485.4 billion
Explanation:
Formula for Gross Domestic Product (GDP) using expenditure approach is
C + I + G + (X-M)
where (X-M) is the net exports of goods and services.
C is consumption
I is Investment
G is government spending or purchases
X is the total exports
M is the total imports
The first question find net exports of goods and services
Net export = export (X) - import(M)
$2,350.2 - $2,928.6
= -$578.4 billion
The second question which is calculation of GDP is
$13,321.4 + $3,368.0 + $3,374.4 + $2,350.2 - $2,928.6
=$19,485.4
Explanation:
Answer:
option (c) $167,597.77
Explanation:
Data provided in the question:
Monthly mortgage payment = $900
Duration of loan, n = 30 years = 360 months
Interest rate = 5%
Monthly rate of interest = 5% ÷ 12 = 0.4167% = 0.004167
Now,
Mortgage loan can he afford
= Monthly mortgage payment × [ (1 - ((1 + r)ⁿ)⁻¹ ) ÷ r ]
= $900 × [ (1 - ((1 + 0.004167)³⁶⁰)⁻¹ ) ÷ 0.05 ]
= $167,597.77
Hence,
The answer is option (c) $167,597.77
Answer: Psychological
Explanation: A consumers intention to buy the product doesn't always lead to the actual purchase. There are various factors which needs to be considered. Psychological, substitution effect, the need of the product.
Gabbie will look for two things while purchasing the fight ticket, as she is not a morning person , she will prefer a flight in the afternoon or an evening or a night flight. And she would specifically look for a flight with WIFI. So this is psychological effect which influences the decision of Gabbie.
B) He was a ruthless steel tycoon who donated millions to charitable organizations
I'm almost 100% sure
Answer:
B) opportunity costs.
Explanation:
The $40,000 salary that Jamar gave up are part of his opportunity costs.
Opportunity costs are the costs (or benefits lost) from choosing one activity or investment over another alternative.
When you calculate the economic profit of a new project you must include all the implicit or opportunity costs that you incur or lose due to the new project:
economic profit = accounting profit - implicit costs