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
SIZIF [17.4K]
2 years ago
7

In a small, closed economy, national income (GDP) is $400.00 million for the current year. Individuals have spent $150.00 millio

n on the consumption of goods and services. They have paid a total of $200.00 million in taxes, and the government has spent $150.00 million on goods and services this year. Use this information and the national income identity to answer the questions. How much is spent on investment in this economy
Business
1 answer:
emmasim [6.3K]2 years ago
3 0

Answer: $100 million

Explanation:

National Income (GDP) for a close nation is calculated as:

= Consumption + Investment + Government spending

Making investment the subject would give us:

Investment = GDP - Consumption - Government spending

= 400 - 150 - 150

= $100 million

You might be interested in
An agent does not like another broker and refuses to present his offers. The agent's employing broker notices he does a good job
Ivan

Answer:

Not ok and both broker and agent can be in trouble for lack of supervision

Explanation:

Based on the information provided within the question it can be said that this situation is not ok and both broker and agent can be in trouble for lack of supervision . This is because the agent and the employing broker are obligated to put the client's interests first and have no authority to withhold any offers from the client. That being said the employing broker also has the responsibility of supervising the employees and making sure that personal views do not affect the business decisions.

6 0
3 years ago
A movement along the phillips curve shows that the unemployment rate and inflation rate are.
Gemiola [76]

Changing in response to the supply-side policy.

<h3>What causes a movement along the Phillips curve?</h3>
  • An increase in AD is a shift from point A to point B. Inflation rises, and the jobless rate falls when AD rises. A shift from point A to point C corresponds to a reduction in AD.
  • The Phillips curve is a diagram that illustrates the economic link between the rate of unemployment and the pace at which wages are changing in terms of money. It reflects the belief of economist A. William Phillips that wages tend to increase more quickly when unemployment is low.
  • According to the Phillips curve, unemployment and inflation are inversely related. Lower unemployment is correlated with higher inflation, and vice versa.

A movement along the phillips curve shows that the unemployment rate and inflation rate are.

Changing in response to the supply-side policy.

To learn more about the Phillips curve, refer to:

brainly.com/question/14058703

#SPJ4

3 0
1 year ago
*<br> What items make an Water based stain?
kumpel [21]

Answer:

rust + vinegar = silver gray to black; chewing tobacco + ammonia + water = brown; walnut husks

Explanation:

4 0
3 years ago
The act of giving up one thing of value to gain another thing of value is called a/an
Vedmedyk [2.9K]

Answer:

Trade-off. act of giving up one thing of value to gain another. Opportunity Cost. value of the next best alternative you could have chosen. Marginal Benefit.

Explanation:

5 0
2 years ago
Read 2 more answers
Identify and describe the three steps that the team should follow in order to define project scope and create a project scope st
kirill115 [55]

Answer:  Define Project Needs, Understand the Project Objectives, Define the Project Scope

Explanation: Project Scope is defined as the work that needs to be accomplished to deliver a product, service, or result with the specified features and functions.

The scope of the project should have a tangible objective for the organization that is undertaking the project

There are 3 main steps of project scope and they are:

1. Define Project Needs

2. Understand the Project Objectives

3. Define the Project Scope

Scope statement are the documentation of the scope of the project will explain the boundaries of the project, establish the responsibilities of each member of the team and set up procedures for how the work that is completed will be verified and approved.

6 0
2 years ago
Other questions:
  • Compare and contrast a mentor and role model.
    12·1 answer
  • A sale of goods was denominated in a currency other than the entity’s functional currency. The sale resulted in a receivable tha
    15·1 answer
  • Most managers get very little uninterrupted time to work on their priority tasks.
    15·2 answers
  • A senator renounces his past support for protectionism: "The U.S. trade deficit must be reduced, but import quotas only annoy ou
    6·1 answer
  • Mrs. and Mr. Strange, who are filing a joint return, have adjusted gross income of $50,000 in 2019. During the tax year, they pa
    5·1 answer
  • At the end of 2016, Sunland Company has accounts receivable of $653,700 and an allowance for doubtful accounts of $24,200.
    9·1 answer
  • A sedentary lifestyle is one that is characterized by high levels of physical activity.
    14·1 answer
  • By selling shares of ownership in their company, California Scientific acquires the funds needed to finance their research and d
    15·1 answer
  • The gaming commission is introducing a new lottery game called Infinite Progresso. The winner of the Infinite Progresso jackpot
    5·1 answer
  • "Emergency contact must be someone other than the primary parent/guardian.", who should an emergency contact be?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!