Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

Consider the following data for a small economy: Consumption:1,000,000 Investment:500,000 Government purchases:620,000 Exports:340,000 Imports:250,000 What isGDP? Write the exact answer. Do not round.

Consider the following data for a small economy:

Consumption:1,000,000
Investment:500,000
Government purchases:620,000
Exports:340,000
Imports:250,000

What isGDP? Write the exact answer. Do not round.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Business

Authors: John Daniels, Lee Radebaugh, Daniel Sullivan

16th edition

134200055, 978-0134201542, 013420154X, 978-0134200057

More Books

Students also viewed these Economics questions

Question

★★★★★

a) Name the four sanctions used to enforce the Sherman Act. (b) What is the relationship between the criminal sanction and suits for triple damages? (c) What is the impact of the nolo contendere plea?

Answered: 1 week ago

Question

★★★★★

A tablet with a list price of x dollars is discounted by 15% and then discounted an additional 12%. What is the final sale price of the tablet, in terms of x? A) 0.73x B) 0.748x C) 0.75x D) 0.765x

Answered: 1 week ago

Question

★★★★★

2. What are the main policy implications of developmental and psychological theories for the prevention of offending?

Answered: 1 week ago

Question

★★★★★

The Blissopia Leisure Group consists of three divisions: Blissopia 1, which operates mainstream bars; Blissopia 2, which operates large restaurants; and Blissopia 3, which operates one hotel the...

Answered: 1 week ago

Question

★★★★★

The following financial information relates to Pharoah Wines Ltd. (amounts in thousands): The following financial information relates to Pharoah Wines Ltd. (amounts in thousands)

Answered: 1 week ago

Question

★★★★★

If a person borrows $185,000 for thirty years at 7.99% APR (A) what will their monthly mortgage payment be? (B) How much interest will they pay in the first 12 months? (C) How much interest will they...

Answered: 1 week ago

Question

★★★★★

An IT director reviews a cyber security audit and learns that an old accounting server is significantly out of compliance. Rather than attempting repairs, the director concludes that decommissioning...

Answered: 1 week ago

Question

★★★★★

The purpose of one-way ANOVA is to compare multiple means from the variations of the mean. The null hypothesis is Ho = 2 = = k and alternate is HA i Hj. We have the sample data in the table: Y1 Y2...

Answered: 1 week ago

Question

★★★★★

Answer any two questions from the 3 questions below. At least one market equilibrium graph is required and at least a page to response to explain the graph and answer the question. Question #1:...

Answered: 1 week ago

Question

★★★★★

You have recently been hired as the VP of Talent Management. One of your primary duties is Human Resource Planning (HRP), ensuring that the organization, has the "right" employees in the "right" jobs...

Answered: 1 week ago

Question

★★★★★

On March 10 2021, in Strasbourg France, a fire broke out and destroyed one of four data centers of the French cloud computing company 'OVH', one of Europe's top cloud computing service provider's...

Answered: 1 week ago

Question

★★★★★

entire obligation. 26. a. Where only one prestation is involved. b. Where all prestation are due and demandable. c. Where only one of the several prestation due had to be performed. d. Where one...

Answered: 1 week ago

Question

★★★★★

5. Imagine a situation where you were really annoyed by someone elses behaviour. Try to find the positive intention behind the behaviour.

Answered: 1 week ago

Question

★★★★★

3. Imagine a communication situation at work or at home where you felt that you were locked (inflexible). Reflect on three alternative strategies that could have led to you becoming more flexible,...

Answered: 1 week ago

Question

★★★★★

4. In the next communication situation you are in, already think through three different communication strategies, which will make you achieve greater flexibility. Then practice on these as soon as...

Answered: 1 week ago

Previous Question Next Question