Answer:
GDP for an open economy from the spending approach follows this equation:
GDP = Consumption + Investment + Government Spending + Net Exports (Exports - Imports)
It can also be written as:
GDP = C + I + G + NX (X - N)
The balance of private consumption is simply equal to C, the balance of public spending is G, and the balance of the external sector is net exports or NX.
Answer: See explanation
Explanation:
I believe that the main thing here that can favor my company is if there's documentation for every process involved with my dealings with Regina Fabrics.
This could have been solved if she didn't reject the cash that was offered to her company after two months, so there should be a formal documents that shows that she rejected the cash which should be acknowledged and signed by her. Also, the monthly payments received by her should be documented as well.
With regards to the above, if there is a formal documentation in place, then I won't have to pay as the guaranty but if this isn't in place, then I may have to pay since there won't be evidences against her.
Telemarketing companies that are the only one that operates in a certain area.
Hope this helps!
Answer:
€92.64
Explanation:
The present value i.e PV formula is used that is shown in the attached spreadsheet
The NPER reflects the time period.
Given that,
Future value = €100
Rate of interest = 6%
NPER = 10 years
PMT = €100 × 5% = €5
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the answer would be €92.64
Answer: In a free-enterprise system,
There are few limits on the use of private property.
Consumers make all of their economic choices.
Producers make all of their economic choices
<h3>a. There are few limits on the use of private property: </h3>
In a free enterprise system the holders of private property are free to buy and sell property. The government doesn't impose restrictions on such transactions.
<h3>b.
Consumers make all of their economic choices. Producers make all of their economic choices.</h3>
In a free enterprise system, the producers set the price they want to charge for their product. Similarly, the consumers decide what they want to pay for the product. Hence the prices of commodities and the quantities supplied are decided by the market forces of demand and supply.
