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A: Intermediate goods are defined as those goods which are a part of the final good as they have been…
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Q: find the value of sales if :- GVAFC = 120 Change in stock = - 80 Purchase of raw material = 400…
A: The information which is being provided to us is as follows:- GVAFC = 120 Change in stock = - 80…
Q: n, calculate the NPV (Net present value) of the
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A: Disposable Income: Disposable income is the income that remains after subtracting the taxes and this…
Q: What would be the value of consumption if savings is $1300 and the value of Income is $2200
A: The data presented in the question above is:- Savings = $1300 Income = $2200 Consumption is to be…
Q: 10. From the following data calculate Net Value Added at Factor Cost
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Q: What was the value added by Carlo's Bakery?
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Q: What do you mean by Circular flow of physical goods and money income?
A: "The circular flow of physical goods and money income refers to the flow of money and goods among…
Q: what is Value Added at Producer Price and Value Added at Purchaser Price. How are they calculated
A: Value-added at producer price: The producer's prices are the prices which are received by the…
Q: Identify the major ways of measuring economic activity.
A: Economic activity is measured through the Gross Domestic Product (GDP), Gross National Product (GNP)…
Q: Using the basic circular flow model, explain whythe value of businesses’ output of goods andservices…
A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…
Q: What is Adam Smith’s view on “accumulation of wealth”? What does he say “must be done with the…
A: According to adam smith, the needs of an individual lead to a self-interest behavior that creates…
Q: Why must we connect earning power and purchasing power to the concept of time?
A: Purchasing power is the quantity of good and services that can be purchased with a unit of currency…
Q: Given Wk = 50; Pk = 100; Yc = 300: Profits in the Consumer Goods sector equals:
A: Given Wk = 50; Pk = 100; Yc = 300
Q: If net factor income from abroad is $900 million and the value of national income is $6000 million…
A: The information being provided to us is as follows:- Net factor income from abroad = $900 million…
Q: What is meant by the term cost of living? Define and explain it.
A: Cost of living is a way to calculate the minimum amount of money required to cover basic need of an…
Q: If national income is $5,000 billion, compensation of employees is $2,105 billion, proprietor’s…
A: National income: - national income is the market value of all final goods and services produced in…
Q: explain how gross product is calculates using the income approach
A: Gross domestic product is sum of value of all the goods and services that are produced in a country…
Q: discuss possible variations in purchasing power due to price and income changes
A: The consumer or the individual would result in consuming various amounts of goods and services given…
Q: Why does the general public often refer to the cost-of-living index?
A: The economy consists of different type of people in it. There will be some with high financial…
Q: How does competition between capitals necessitate accumulation?
A: Capital accumulation (also termed the accumulation of capital) powers that further the pursuit of…
Q: Transfer payments are included in the gross domestic product or GDP. a. True b. False c. Maybe
A: Governments make economic investments, but they also give people transfer payments. There is no…
Q: Definition of micro
A: In economics we study the decision of societies in the condition of scarcity, people has to choose…
Q: If the gross investment in a year is $1000 and depreciation in a year is $50 then what is the value…
A: Net investment = Gross investment - Depreciation Gross investment = $1000 Depreciation = $50
Q: What are the three successive stages or phases in the circular flow of income
A: According to the given question Actually circular flow of income is an income which is represented…
Q: How value added method is useful in avoiding double counting?
A: Gross domestic product (GDP) refers to the value of final goods and services produced within the…
Q: (a) Tangible items that can be bought and sold are called (b) intangible items that can be bought…
A: # First we must understand what are tangible and intangible assets. Tangible is anything which is…
Q: Why do economists use the terms “investment” and “capital” in very diferentcontexts (physical…
A: In simple terms, Investment is a kind of an asset that is created with a purpose to grow money and…
Q: When we add depreciation to net investment, we arrive at...............
A: Depreciation: The term depreciation refers to the fall in the monetary value of a commodity over…
Q: Can there be a condition where the value of real gross domestic product becomes equal to the nominal…
A: # Nominal GDP is calculated taking into consideration the current year prices on the other hand in…
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A: Three major factors that affect the number of people at a particular place are: Socio –political…
Q: What would be the value of APC if consumption is $2000 and income is $5000
A: (Q) What would be the value of APC if consumption is $2000 and income is $5000?
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Q: What are the factors used to measure economic well being?
A: The economics is derived from the GREEK word OKIONOMIA meaning management of household. It give the…
Q: What is the result of investments?
A: The amount of products purchased or accumulated per unit of time that are not utilised at the…
Q: Define economy
A: Economics studies how resources are allocated in a manner that most of the human wants are met. A…
Q: what is Circular flow of production units?
A: circular flow model Lets understand this concept with an example:- In this circular flow model…
Q: What are the business factors
A: Business factors can be defined as the factors that affect the growth, profitability, sustainability…
Q: Fill in the missing values in the table below.
A: Real gdp= Nominal gdp/ price index Nominal gdp =Real gdp× price index Price index = Nominal gdp/Real…
Q: Is gross domestic product a reliable indicator of a nation's economic wealth? What might be a better…
A: The GDP is the value of all services and goods that are produced in an economy over a certain time…
Q: What is the value of total gross investment?
A: Total investment is an important component in the calculation of gross domestic product. Total gross…
Q: What are the three economic sectors? Provide explanations and examples for each. How does the United…
A: Economics as a subject deals with the allocation, production and optimization of scarce resources…
Q: What would be the value of consumption if savings is $1300 and the value of Income is $2200.
A: Given data: Saving is $1300 Income is %2200
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- C is 200 and Y is 1003 Find APS and APYPlease solve asap and I need correct answerHandout 1 Real-Life Balance Sheets John John is a 28-year-old father of two. He lives in a house that he bought four years ago, taking out a 30-year mortgage. He and his family have two cars and owe payments on one for the next two years. He has a retirement account that he has been contributing to since he was 22. He has a loan that is not paid from his college education at a private school. He has a college fund for both of his kids. Assets Liabilities Gwen Gwen is a 20-year-old college sophomore. She works part time to pay for school but still contributes $25 to her savings account each month. She had to put her books on her credit card this semester but she hopes English (United States) O Focus MacBook O00 000 DD F4 F5 F6 F7 F8 F9 &