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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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Answer:

B. Family members

Explanation:

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The main economic activities under the traditional economy revolves are subsistence farming, fishing, and hunting. These activities are carried out in family settings. In other words, family members provide labor for economic activities.

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When writing a message to express condolences, you should mention the loss tactfully, recognize the good qualities of deceased,
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When writing a message to express condolences, you should mention the loss tactfully, recognize the good qualities of deceased, assure the receiver of your concern, offer assistance, and <u>conclude on a reassuring note.</u>

Explanation:

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3 0
3 years ago
Do all rational consumers think alike why or why not
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4 0
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Lana Reid is an accounting clerk at Tenity Enterprises who is paid $18.15 per hour. During a week’s pay period, she worked 39 ho
butalik [34]

Answer:

$720.25

Explanation:

Given data:

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total hour of work by her is 39 hr 41  minutes

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hundredth hr for 41 mints is = \frac{(41}{60}) \times  100 = 68.33

so we have  39 hrs 41 minutes that can be written as = 39.6833

So, salary for 39.6833 is = $18.15 \times 39.6833 = $720.25

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