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rjkz [21]
3 years ago
15

In a small economy, consumption spending in 2009 is $6,000, government spending is $1,200, gross investment is $1,500, exports a

re $2,000, and imports are $1,000. What is gross domestic product in 2009?
Business
1 answer:
icang [17]3 years ago
5 0

Answer:

the  gross domestic product is $9,700

Explanation:

The computation of the gross domestic product is shown below

= Consumption spending + government spending + gross investment + exports - imports

= $6,000 + $1,200 + $1,500 + $2,000 - $1,000

= $9,700

Hence, the  gross domestic product is $9,700

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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On January 1, 2019, Amazon issues $100,000 in bonds having a stated rate of 10%. The bonds mature in 2 years (Dec. 31, 2020) and
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cash                   96,535 debit

discount on BP    3,465 debit

          Bonds Payable          100,000 credit

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We need to determinate the price at which the bonds were issued:

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rate 0.06  (12% annual / 2 = 6% semiannual)

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\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity (face value)   $100,000.00  

time   4.00  

rate  0.06

\frac{100000}{(1 + 0.06)^{4} } = PV  

PV   79,209.37  

 

PV c $17,325.5281  

PV m  $79,209.3663  

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