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Stels [109]
3 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]3 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

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You sold five put contracts on CTB stock at an option price per share of $1.90. The options have an exercise price of $45 per sh
IRINA_888 [86]

Answer:

-$2,050

Explanation:

Given that,

Number of options sold = 5

Option price per share = $1.90

Exercise price = $45 per share

Market price = $39 per share

As the exercise price is greater than the stock market price, so the purchaser of the put option will exercise the option,

Lot size = 100 shares

Therefore, the loss on this investment is calculated as follows:

= -{[(Exercise price - Market price) × Number of options sold] - (Option price × Number of options sold)} × Lot size

= -{[($45 - $39) × 5] - ($1.90 × 5)} × 100

= -$2,050

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What is cosideration
gizmo_the_mogwai [7]

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4 years ago
Pet care salons, skin clinics, and day care centers are all examples of businesses operating in the?
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Hence, service industry play an important role in society.

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I would say camera operator
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