The table below details the composition of an economy’s GDP by spending category.

Category Expenditures (billions of dollars)
Fixed business investment $3,650.00
Durable goods $2,150.00
Exports $650.00
Federal government purchases $1,400.00
New home construction $1,150.00
Imports $780.00
Change in inventories $-250.00
Nondurable goods $4,850.00
Services $8,900.00
State and local government purchases $2,550.00
Use the information in the table to calculate the following:

a) Consumption: $
15900
billion

b) Investment: $
billion

c) Government: $
billion

d) Net exports: $
billion

e) GDP: $
billion

Answers

Answer 1

its e) GDP: $

billion. hope this helps

Answer 2

Use the information in the table to calculate the following as a) Consumption: $ 15900 billion.

a) Consumption: Consumption can be calculated by adding up the spending on durable goods, nondurable goods and services.

Consumption = Durable goods + Nondurable goods + Services

Consumption = $2,150.00 + $4,850.00 + $8,900.00

Consumption = $15,900.00 billion

b) Investment: Investment includes fixed business investment, new home construction and the change in inventories.

Investment = Fixed business investment + New home construction + Change in inventories

Investment = $3,650.00 + $1,150.00 - $250.00

Investment = $4,550.00 billion

c) Government: Government spending includes federal government purchases and state and local government purchases.

Government = Federal government purchases + State and local government purchases

Government = $1,400.00 + $2,550.00

Government = $3,950.00 billion

d) Net exports: Net exports can be calculated by subtracting imports from exports.

Net Exports = Exports - Imports

Net Exports = $650.00 - $780.00

Net Exports = -$130.00 billion (negative value indicates a trade deficit)

e) GDP: GDP is the sum of all spending categories.

GDP = Consumption + Investment + Government + Net Exports

GDP = $15,900.00 + $4,550.00 + $3,950.00 - $130.00

GDP = $24,270.00 billion

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Related Questions

Please post about a time when your attitude made a positive difference.

Answers

Developing a positive mindset at work can help you achieve success. It has happened for me several times in my career.

One of the instances I'd like to tell is when I was vying for the position of manager in my workplace as an employee.

In a telecom company, I managed the sales department. I had been working there for 7 years with no success; three of the employees put in less time than I did yet managed to get the top position. I was demotivated by the thought that perhaps there is something I am not doing correctly when I repeatedly lost the post to them. Even though my sales figures were strong, luck evaded me in some way.

Since there had been no advancement, it had been ten years. Nonetheless, I never wavered from my commitment to keep trying. I consistently adhered to the fundamentals and worked to become a better seller. My sales started to rise considerably.

Ultimately, the figures were significant enough to turn the proper heads. Finally, I received a promotion, but guess what? It was to the position of Area Retail Head, which is much more important than Manager. While it took ten years, I am still happy with my accomplishments. It's still as delicious as it was before.

Therefore, being positive in all those years, not looking back or getting discouraged paid dividends and made a huge difference in my life.

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Cori's Corporation, has a book value of equity of $14,130. Long-term debt is $8,150. Net working capital, other than cash, is $2,140. Fixed assets are $19,470 and current liabilities are $1,760.

How much cash does the company have?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.

What is the value of the current assets?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.

Answers

Answer: To calculate the amount of cash that the company has, we need to use the accounting equation:

Assets = Liabilities + Equity

We can rearrange this equation to solve for assets:

Assets = Liabilities + Equity

Assets = Long-term debt + Net working capital, other than cash + Fixed assets + Current liabilities + Book value of equity

Assets = $8,150 + $2,140 + $19,470 + $1,760 + $14,130

Assets = $45,650

Now, to find the amount of cash the company has, we need to subtract all the other assets from the total assets:

Cash = Assets - (Long-term debt + Net working capital, other than cash + Fixed assets)

Cash = $45,650 - ($8,150 + $2,140 + $19,470)

Cash = $15,890

Therefore, the company has $15,890 in cash.

To find the value of the current assets, we can add the net working capital, other than cash, to the current liabilities:

Current assets = Net working capital, other than cash + Current liabilities

Current assets = $2,140 + $1,760

Current assets = $3,900

Therefore, the value of the current assets is $3,900.

Select the statement that demonstrate a characteristic of a leader

Answers

The statement that demonstrate the characteristic of a leader is: Establishing and retaining your company's competitive advantage depends on experimentation. Great leaders are aware of this and promote innovation and risk-taking within their company.


What is a leader?

Being leader is the ability to execute strategic objectives, align people's individual and collective goals, and continuously refresh an organisation are all examples of leadership behaviours. The quality of leader involves directing and influencing outcomes and empowering groups of individuals to collaborate in order to achieve goals that they couldn't achieve on their own.

A leader also does not fear in taking risks and doing experiments for achieving his goals.

Therefore, Experimentation is essential for a Leader to establishing and maintaining your company's competitive advantage. Knowing this, great leaders encourage risk-taking and innovation within their organisations.

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Which is considered a dwelling coverage?
A. It is that part of your property insurance that provides financial protection for all of the objects in your home, including appliances, furniture, housewares, clothes, electronics, jewelry and all other material goods not part of or permanently attached.
B. It is coverage for personal property, liability and loss of use.
C. It provides financial protection in case someone else is hurt and/or injured on your property for which you are found liable.
D. That part of your property insurance that provides financial protection for the inside and outside of the physical building.

Answers

Property and Automobile Insurance Quick Check

Answer: 1. That part of your property insurance that provides financial protection for the inside and outside of the physical building.

2. liability coverage

3. It provides financial protection for all of the objects in your home.

4. It covers injury or death to others caused by the named driver or named car.

5. property damage liability

Explanation: I took the same quick check and got 100%, hope this helps someone!

4/6/2023

It is that part of your property insurance that provides financial protection for all of the objects in your home, including appliances, furniture, housewares, clothes, electronics, jewelry, and all other material goods not part of or permanently attached is considered a dwelling coverage. The correct option is A.

What is called dwelling?

A permanent building or structurally independent portion of one, such as a detached house or flat, that was built or changed with the intention of being inhabited by a single household is referred to as a dwelling.

It doesn't cover the land or the possessions inside the house. just the building. It is "Coverage A" under a homeowner's policy. Now, installed fixtures like cabinets and countertops as well as permanently attached appliances that are connected to public utilities, such as some stoves or a water heater, are covered by dwelling insurance.

Thus, the ideal selection is option A.

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What are shirts mostly made out of?​

Answers

Answer:

Shirts Are made back in time People used Cotton For to make shirts Like knitting its a Kind Of cotton too make clothing hats pants shorts long Socks And even Bookmarks and bookcovers Its amazing what to knit and make with cotton. [tex]Hopethishelps!!!![/tex]

Explanation:

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