Answer:
$4
Explanation:
Given that
Sale value of quarter-pound of meat = $2
And, the sale value that arises from the meat = $4
So, the value that included in the GDP i.e Gross domestic product is $4 as it reflects the final price of the hamburger rather than the value that is to be intermediate i.e $2 as it shows a quarter pound of meat
So, in the given case only $4 would be included in the GDP
Answer:
The current price of Hubbard's common stock is <u>$25.50</u>.
Explanation:
This can be calculated using the Gordon growth model (GGM) formula that assumes growth is dividend will be constant as follows:
P = D1/(r - g) ............................ (1)
Where,
P = Current stock price = ?
D1 = Next dividend = D0 * (1 + g) = $1.50 * (1 + 2%) = $1.53
r = required return = 8%, or 0.08
g = growth rate = 2%, or 0.02
Substituting the values into equation (1), we have:
P = $1.53 / (0.08 - 0.02) = $25.50
Therefore, the current price of Hubbard's common stock is <u>$25.50</u>.
The Board of Governors, the Federal<span> Open Market Committee, and 12 regional </span>reserve<span> banks.</span>
Lauren made an error in step 3 because she should have subtracted expenses from income.
Net income = (Total of all sources of income)- (Total of all bills and expenses)
You must subtract expenses because they are things you are <u>paying for.</u>
