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
Stels [109]
2 years ago
7

Brendan buys a used car in April 2020 from his neighbor for $20,000. After one month, he loses his job and decides to sell the c

ar to get some cash. He sells the car for $22,000 to a car dealer. The dealer fixes a few things here and there and sells the car for $27,000 in July 2020. Because of these transactions, the 2020 nominal GDP increases by ______ dollars.
Business
1 answer:
zubka84 [21]2 years ago
5 0

Answer:

the increase in nominal GDP is $29,000

Explanation:

The computation of increase in nominal GDP is as follows:

= Selling value of car + difference

= $22,000 + ($27,000 - $20,000)

= $22,000 + $7,000

= $29,000

hence, the increase in nominal GDP is $29,000

We simply added the selling value and the difference

You might be interested in
A decrease in government spending (this question is Extra credit) a. increases the interest rate and so decreases investment spe
Solnce55 [7]

Answer:

b. increases the interest rate and so investment spending increases.

Explanation:

According to the IS-LM framework,

An increase in government spending shifts IS upward resulting in higher interest rate as well as GDP. The higher interest rate will hamper investment spending.

8 0
3 years ago
If the Chief Justice of the Supreme Court is part of the majority, he or she gets to write the _______.
joja [24]
When the court renders an opinion, the Chief Justice- when in the majority-decides who writes the courts' opinion. So the answer is C
7 0
2 years ago
Nelson Company's Radio Division currently is purchasing transistors from Charlotte Co. for $3.50 each. The total number of trans
melamori03 [73]

Answer:

The range of possible transfer is $ 3.25 to $ 3.50

Explanation:

Data provided:

The purchasing cost of the transistor = $ 3.50

The total number of transistors needed = 8,000

The production cost of the transistor = $ 4.00

The included variable cost = $ 3.25

The included fixed cost = $ 0.75

Now,

the fixed cost cannot be altered, thus it will be there

hence,

the variable cost will be the factor that will evaluate the decision i.e $ 3.25

therefore, the <u>range of possible transfer is $ 3.25 to $ 3.50</u>

3 0
2 years ago
Hillary can invest her family savings in two assets: riskless treasury bills or a risky vacation home real estate project on an
galina1969 [7]

Answer:

The expected return on her portfolio is B) 11.8%

Explanation:

Hi, the expected return of a portfolio can be found by multiplying the weight of each of the assets times each of its expected return, that is:

E(portfolio)=E(Tbills)*Weight(Tbills)+E(other)*Weight(other)

So everything should look like this

E(portfolio)=0.04*0.70+0.3*0.3=0.118

The expected return of the portfolio is 11.8%, that is option B)

Best of luck.

7 0
3 years ago
Give the meaning and important aspects of the process of globalisation.​
kherson [118]

Answer:

Globalization by definition is that process that the business or n organisation begins to operate on an international standards.It involves interactions amongst individuals , institution and even the government.

There are 4 basic aspects of globalization

1.Dissemination of knowledge.

2.Migration and movement

3.Capital and investment movement

4.Trade and transctions.

Explanation:

1.in the first point , we view globlisation as a measure in the changes of the human heritage by the aspect of knowledge.people's world wide ideologies are disseminated by varoious means far and wide, in the whole world.

2.Globalization has caised movement, through migrationa socioeconomic as well as the political relations is created along the borders.Movement has caused people to be more difficult to controlband also people have been dislocated.

3.These terms are commonly used to describe the economy .capitalism is the private ownership as opposed to ownership by the government.

4.Trade and teansactions has caused tremendous improvements across the globe, in a way, it has led creating jobs, increaeing thw workers salaries amongst other factors .conversely , trade transactions has caused social disruptions and as a result number of businesses are lost.

6 0
2 years ago
Other questions:
  • Valley Spa purchased $11,700 in plumbing components from Tubman Co. Valley Spa signed a 60-day, 14% promissory note for $11,700.
    5·1 answer
  • For the past five years, the RS Company has produced and sold electronic magnets to chemistry labs throughout the United States.
    11·1 answer
  • Arjun has joined a work team that assembles products. What is the best way for Arjun to build the team's trust in him?
    8·2 answers
  • Two lawyers are arguing against each other in court. the first, ms. smith, tries to persuade the jury with logical, relevant arg
    7·1 answer
  • Omar and Penn want to discharge their contract by executing a new agreement with performance different from what they originally
    8·1 answer
  • GL Plastics spent $1,200 last week repairing a machine. This week the company is trying to decide if the machine could be better
    10·1 answer
  • Next year Baldwin plans to include an additional performance bonus of 0.25% in its compensation plan. This incentive will be pro
    6·1 answer
  • Dr. Bahri discusses how fast an organization can implement lean, what are the two dimensions of lean and how do they relate to o
    15·1 answer
  • In 2019, BayKing Company sold used equipment for $17,000. The equipment had an original cost of $80,000 and accumulated deprecia
    14·1 answer
  • What were the three key observations made by darwin that allowed him to deduce that natural selection is a primary driver of evo
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!