Measuring GDP
The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2018, as published by the Bureau of Economic Analysis. All figures are in billions of dollars.
Fill in the missing cells in the table to calculate GDP using the expenditure approach
Data
(Billions of dollars)
Consumption (C) 13,948.5
Investment (I) 3,650.1
Exports (X) 2,531.3
Imports (M) 3,156.7
Net Exports of Goods and Services
Government Purchases (G) 3,520.8
Gross Domestic Product (GDP)
Answer:
$-625.4 billion
$20,494 billion
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
2531.3 - 3,156.7 = $-625.4 billion
GDP = 13,948.5 + 3,650.1 + 3,520.8 - $-625.4 = $20,494 billion
If planned aggregate expenditure (PAE) in an economy equals 2,000 0.8Y and potential output (Y*) equals 11,000, then this economy has
Answer: a recessionary gap
Explanation:
Equilibrium occurs where the planned aggregate expenditure is equals to the income Y.
Therefore, based on the question given, for this economy,
(2,000 + 0.8Y) = Y
Y - 0.8Y = 2000
0.2Y = 2000
Y = 2000/0.2
Y = 10,000.
Since potential output Y* is given as 11,000, then there's a recessionary gap since the actual output is lower than the potential output.
explain briefly features of creativity
Answer:
In conclusion we can say that if we want to run a creative activity in the classroom, we need to check for the presence of these four features: imagination, purpose, originality and value, and organise the process in a way that all these can be incorporated.
Explanation:
hope it helps!
To report insights, researchers must combine their knowledge of business with their intimate knowledge of the research sponsor-manager gained while conducting the research.
A. True
B. False
Answer:
A. True
Explanation:
Any time you present a research report, you are combining your previous knowledge with new insights and knowledge gained while preparing the report. This applies to basically every type of new report that you prepare and even updates of prior reports. Sometimes the conditions change between the time the original report was made and the next periodic report.
The statement that researchers needs to add the knowledge of business as well as that of intimate research sponsor-manager to report insights is True.
Insights serves as the interpretations of raw data which contains some meaning in a particular context to the audience.As a researcher, that want to report an insight, there is a need to combine the knowledge gained from sponsor-manager and knowledge from business during the research.Therefore, the statement is True.
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The following condensed balance sheet is for the partnership of Hardwick, Saunders, and Ferris, who share profits and losses in the ratio of 4:3:3, respectively:
Cash $83,000 Accounts payable $208,000
Other assets 765,000 Ferris, loan 44,000
Hardwick, loan 34,000 Hardwick, capital 280,000
Saunders, capital 180,000
Ferris, capital 170,000
Total assets $882,000 Total liabilities and capital $882,000
The partners decide to liquidate the partnership. Forty percent of the other assets are sold for $240,000. Prepare a proposed schedule of liquidation at this point in time.
Answer:
Here the answer is given as follows,
A married couple with only one spouse currently working outside the home plans to retire in several years. An annuity that would be particularly suitable for saving for that retirement would be:_________
a. a straight life annuity on the life of the working spouse,
b. a straight life annuity on the life of the nonworking spouse,
c. a deferred joint and survivor annuity,
d. an immediate joint and survivor annuity.
Answer:
b i'm not sure but don't go by my answer please i don't want to get u wrong
Explanation:
There are a handful of common mistakes people make when trying to
separate skill from chance. Which of the following is not one of those mistakes?
a. Hindsight bias
b. Outcome bias
c. Loss aversion
d. Narrative seeking
Answer:
c. Loss aversion
Explanation:
Loss aversion is a cognitive bias that explains where there is the pain for losing should be twice as equivalent to the gaining pleasure. It is the tendency of an individual to avoid the losses that purchase the equivalent gains. And, the term that not done the given mistake is the loss aversion
So as per the given situation, the option c is correct
World-Tour Co. has just now paid a dividend of $2.83 per share (Div0); its dividends are expected to grow at a constant rate of 6% per year forever. If the required rate of return on the stock is 16%, what is the current value of the stock after paying the dividend
g if you deposit $2,000 into an account and it earns 6% interest, how much will you have in 11 years
Answer:
Amount earned = $3320
Explanation:
Given the following data;
Principal, P = $2,000
Interest rate, R = 6%
Time, T = 11 years
To find the simple interest;
S.I = PRT/100
S.I = (2000*6*11)/100
S.I = 20*6*11
S.I = $1320
Amount earned = Principal + S.I
Amount earned = 2000 + 1320
Amount earned = $3320
Singapore is one of the leading producers of coffee in the world. However, there are a few companies in Singapore that import coffee from Brazil and India. Which of the following can Singapore establish to promote self-sufficiency?
A. Import liberalization.
B. Export incentives.
c. Import quotas.
d. complementary import policy.
Answer:
c. Import quotas.
Explanation:
An import quota is a restrictions made on the trade that specify the physical ,imit on the good quantity that could be imported in a country for the particular period of time. It is used for providing the benefit to the producers in that particular economy
So as per the given situation, the option c is correct
and, the same should be considered
One of the examples given by Agnew and Brezina as a way to reduce crime by reducing situational strains is to:
Answer:
Reduce the amount of media violence.
Explanation:
Reducing crime reducing situational stains is the method to minimize the impact of crime and being it public. Media is the most effective way which reports details of crime very quickly. Agnew and Brezina had tried to reduce the impact of crime and avoid distribution of details to public about the reported crime to reduce situational stains.
Four major breakfast cereal companies share a majority of the cereal market: Kellogg, Post, General Mills, and Quaker. This is an example of
Answer:
Oligopoly
Explanation:
An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.
Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.
The characteristics of an oligopolistic market structure are;
I. Mutual interdependence between the firms.
II. It's a market that is typically controlled by many small firms.
III. Difficult entry to new firms.
In this scenario, four major breakfast cereal companies share a majority of the cereal market (identical or similar products) such as Kellogg, Post, General Mills, and Quaker. Thus, this is an example of an oligopoly.
A company pays its employees $1,800 each Friday, which amounts to $360 per day for the five-day workweek that begins on Monday. If the monthly accounting period ends on Thursday and the employees worked through Thursday, the amount of salaries earned but unpaid at the end of the accounting period is:_____.
a. $4,000.b. $800.c. $1,600.d. $2,400.e. $3,200.
Answer:
$1,440
Explanation:
A company pays it's employees $1800 each Friday
This amounts to $360 per day
Therefore the amount of a salaries earned but unpaid is
= 360×4
= $1,440
In each scenario below, please identify the personality dimension that, according to psychologist Carl Jung, would be the most appropriate answer. Which of the following statements best describes someone who has the introversion dimension?
A. Energized by inner world of thoughts and ideas, deep interests, thinks before speaking
B. Let life happen, spontaneous, open-ended, and last minute situations are energizing.
C. Lives life organized, stable, systematic, and under control.
D. Makes decisions by analysis, logic, and impersonal criteria.
Answer:
A. Energized by inner world of thoughts and ideas, deep interests, thinks before speaking.
Explanation:
Carl Jung was a psychoanalyst and a [tex]\text{Swiss psychiatrist}[/tex]. He founded the study of analytical psychology. He is best known for his theory of the Unconscious and also for his work on the religious nature behind the psychology of the humans.
According to him, an introversion dimension of the human mind is energized by the inner thoughts and ideas, his or her interest. An introversion mind always thinks before speaking.
Introversion mainly deals with the personality where one's thought and ideas provides them confidence of themselves.
Therefore, the correct option is (A).
What is implication for the Government in the tax policy ?
Answer:
ax policy is the choice by a government as to what taxes to levy, in what amounts, and on whom. It has both microeconomic and macroeconomic aspects. The macroeconomic aspects concern the overall quantity of taxes to collect, which can inversely affect the level of economic activity; this is one component of fiscal policy.
Explanation:
......
Answer:
To meet their expenses, government need income, called "revenue," which it raises through taxes. In our country, governments levy several different types of taxes on individuals and businesses. The Federal Government relies mainly on income taxes for its revenue. State governments depend on both income and sales taxes
Explanation:
Consider the markets for tap water, bottled water, cola, and beer. Assume there is only one provider of tap water, bottled water manufacturers use advertising to differentiate their products, cola producers engage in strategic pricing behavior, and the beer market is largely controlled by only a few firms. Classify the market for each of the following drinks as either monopoly, oligopoly, monopolistic competition, or perfect competition.
Monopoly Oligopoly Monopolistic Competition Perfect Competition
Tap water
Bottled water
Cola
Beer
Answer:
Tap water ⇒ Monopoly
In a monopoly, there is only one supplier of a certain good or service. Tap water is therefore a monopoly as only one provider supplies it.
Bottle water ⇒ Monopolistic competition
In a monopolistic competition, similar but differentiated products are supplied. As bottled water is differentiated by advertising, it must exist in a monopolistic competition.
Cola ⇒ Oligopoly
An oligopoly is controlled by a few firms who have to engage in strategic planning behavior in order to sell their goods. This means that they would either lower prices to match competitors or collude with them to ensure stable prices.
Beer ⇒ Oligopoly
In an oligopoly, the market is controlled by a few firms who have an incentive to collude to set a certain price because a price war would be bad for all the firms involved.
Current market trends and consumer preferences across the globe
Answer:
Consumers Will Abandon Brands That Don’t Support Their Values In Favor Of Those That Do. How To Meet Reimagined Consumers Where They Are, Building New Loyalty & Revenue Streams. Strategy. Consumer Values. 25K Consumers Surveyed. 14 Industries.
I HOPE THIS HELPS PLS BRAINLIST?
Tarnopol Learning Services (TLS) offers tutoring to high school students, college students, and adults returning to school. TLS's major product offerings include academic tutoring, standardized test preparation, and admissions consulting. Demand for standardized test preparation, which accounts for the majority of TLS's revenues, peaks before the most popular test dates. Demand for admissions consulting peaks late in the year, just before application deadlines. Demand for tutoring services varies less than demand for other TLS services, but it is highest near the end of academic semesters. Staff shortages during these times have been a persistent problem. In response, TLS is considering whether to 1) recruit and train a greater number of temporary workers during peak demand times; or 2) partner with a tutoring and testing outsourcing firm that would provide services to TLS customers using the TLS brand. An executive at TLS believes that the best way to measure the number of extra employees that TLS needs is to estimate the number of extra employees each product category requires and then add all of those estimates together. Which of the following points out a flaw in this approach??A. The largest growth area for TLS is governmental contracts, which have buying procedures that are very different from those of other customers.B. TLS currently maintains separate accounting departments in each of its regions. C. To be effective, TLS managers need to be experts in at least one of the products that TLS sells. D. TLS hopes to build sustained relationships with customers, selling the same person academic tutoring standardized test preparation, and admissions consulting. E. Communication between different marketing departments in different regions has been substandard.
Answer:
D. TLS hopes to build sustained relationships with customers, selling the same person academic tutoring standardized test preparation, and admissions consulting. E. Communication between different marketing departments in different regions has been substandard.
Explanation:
what is isomers give examples
Answer:
In chemistry, isomers are molecules or polyatomic ions with identical molecular formulas — that is, same number of atoms of each element — but distinct arrangements of atoms in space. Isomerism is existence or possibility of isomers. Isomers do not necessarily share similar chemical or physical properties.
Explanation:
I don't know
Once a good or service nears the end of its product life cycle, the firm recognizes that Multiple Choice it is impossible to revert to an earlier stage of the model. it can return to an earlier stage through creative marketing. it will enjoy relatively high profits. marketing dollars spent now will provide little benefit.
Answer:
it can return to an earlier stage through creative marketing.
Explanation:
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
A product that is at the decline stage is generally referred to as a failed product and wouldn't generate profit or much revenue for the manufacturer because it has little economic importance.
However, once a good or service nears the end of its product life cycle i.e it's at the decline stage, the business firm recognizes that it can return to an earlier stage where it offers satisfaction to the consumers and generate revenue, through creative marketing.
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
MC Qu. 98 At the beginning of the recent... At the beginning of the recent period, there were 1,470 units of product in a department, 35% completed. These units were finished and an additional 6,900 units were started and completed during the period. 1,560 units were still in process at the end of the period, 25% completed. Using the weighted average method, the equivalent units produced by the department were:
Answer:
Using the weighted average method, the equivalent units produced by the department were:
= 8,760 units.
Explanation:
a) Data and Calculations:
Units Conversion
Ending inventory 1,560
Units completed 8,370
Units available 9,930
Beginning inventory 1,470 35%
Additional units started 8,460
Equivalent units of production:
Units completed 8,370 8,370 (100%)
Ending inventory 1,560 390 (25%)
Equivalent units of production 8,760
Crane Corporation's computation of cost of goods sold is:
Beginning inventory $34800
Add: Cost of goods purchased 470000
Cost of goods available for sale 504800
Less: Ending inventory 72000
Cost of goods sold $432800
The average days to sell inventory for Fry are:________
Answer:
16.64 days
Explanation:
Given the above information, we will calculate the average days to sell inventories with the formula below;
Average days to sell inventories = [Ending inventory / Cost of goods sold] × 100
Ending inventory = $72,000
Cost of goods sold = $432,800
Then, Average days to sell inventories
= [$72,000 / $432,800] × 100
= 16.64 days
Therefore, the average days to sell inventory for Fry are 16.64 days
Kiddy Toy Corporation needs to acquire the use of a machine to be used in its manufacturing process. The machine needed is manufactured by Lollie Corp. The machine can be used for 15 years and then sold for $20,000 at the end of its useful life. Lollie has presented Kiddy with the following options: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. Buy machine. The machine could be purchased for $170,000 in cash. All insurance costs, which approximate $15,000 per year, would be paid by Kiddy. 2. Lease machine. The machine could be leased for a 15-year period for an annual lease payment of $35,000 with the first payment due immediately. All insurance costs will be paid for by the Lollie Corp. and the machine will revert back to Lollie at the end of the 15-year period. Required:Assuming that a 12% interest rate properly reflects the time value of money in this situation and that all maintenance and insurance costs are paid at the end of each year, determine which option Kiddy should choose. Ignore income tax considerations. (Negative amounts should be indicated by a minus sign. Round your final answers to nearest whole dollar amount.)
Answer:
Kiddy Toy Corporation
The company should lease. It will save $30,123 by leasing than by buying the machine.
Explanation:
a) Data and Calculations:
1. Buy Machine:
Initial cost = $170,000
Annual Insurance Premium = $15,000
Interest rate = 12%
Estimated useful (Lease Period) = 15 years
Insurance Premium for 15 years (PV) = $102,162.97
PV of Salvage value ($20,000 * 0.183) = $3,660
Total cost of buying machine = $268,503 ($170,000 + $102,162.97 - $3,660)
Present value of lease payments = $238,380
NPV of leasing over buying = $30,123 ($268,503 - $238,380)
N (# of periods) 15
I/Y (Interest per year) 12
PMT (Periodic Payment) 35000
FV (Future Value) 0
Results
PV = $238,380.26
Sum of all periodic payments = $525,000.00
Total Interest = $286,619.74
Insurance Premium:
N (# of periods) 15
I/Y (Interest per year) 12
PMT (Periodic Payment) 15000
FV (Future Value) 0
Results
PV = $102,162.97
Sum of all periodic payments $225,000.00
Total Interest $-122,837.03
Two years ago, Global Airlines sold a $250 million bond issue to finance the purchase of new jet airliners. These bonds were issued in at par value with an original maturity of 12 years and a coupon rate of 12%. Determine the value today of one of these bonds to an investor who requires a 14% rate of return on these securities. Is it a discount or premium bond and why
Answer:
$897
Explanation:
Calculation to determine the value today
Using Financial calculator to determine the Present value (PV)
N = (12- 2) = 10 years
I = 14%
PMT =12%*1,000=120
FV = $1000
PV=?
Hence;
PV = $896.68
PV=$897 (Approximately)
Therefore the value today is $897
Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the products are as follows: Product 1 Product 2 Product 3 Cost $ 35 $ 105 $ 65 Selling price 85 165 115 Costs to sell 8 70 25 Required: What unit values should Herman use for each of its products when applying the lower of cost or net realizable value (LCNRV) rule to ending inventory
Answer:
Cost Selling Price Costs to Sell NRV Inventory value
A B C D=(B-C) E=(lowerof A&D)
Product 1 35 85 8 77 35
Product 2 105 165 70 95 95
Product 3 65 115 25 90 65
hen Steve Jobs updated his company name from Apple Computer to Apple in 2007, which part of the brand positioning was he changing
Answer:
Frame of reference
Explanation:
In simple words, The "frame of reference" in marketing refers to how the targeted customer perceives a latest brand, service, or proposition. This conjures up a certain image or impression of a product, service, or concept that is being promoted. A frame of reference can be understood as the point of comparative valuation that your advertisers may use to assist position and distinguish your goods in the business.
An invention that raises the future marginal product of capital in a closed economy) would cause an increase in desired investment, which would cause the investment curve to shift to the:________ and would cause the real interest rate to:________
A) right; increase
B) right; decrease
C) left: increase
D) left: decrease
Answer:
A) right; increase
Explanation:
In the case of the closed economy when the marginal product of capital increased so it also increased the investment due to which the shifting of the investment curve is rightward and this will result in increase in the real interest rate
So as per the given situation, the option a is correct
An analysis of the income statement revealed that interest expense was $100000. Waterway Company's times interest earned was
Answer: 8.3
Explanation:
The times interest earned is used to estimate the ability of a company to pay its debt payments using income from operations.
It is calculated by the formula:
= Earnings before interest and tax / Interest expense
Earnings before interest and tax:
= Earnings before tax + Interest expense
= 730,000 + 100,000
= $830,000
Times interest earned:
= 830,000 / 100,000
= 8.3
A mutual fund sold $58 million of assets during the year and purchased $64 million in assets. If the average daily assets of the fund were $216 million, what was the fund turnover
Answer: 26.85%
Explanation:
Based on the information given in the question, the fund turnover will be calculated thus:
Funds sold = $58 Million
Average Daily Assets = $216 Million
Fund Turnover = Fund Sold / Average Daily Assets
Fund Turnover = $58 Million / $216 million
= 26.85%
Which is the right Sales Funnel?
Answer:
awareness and Discovery