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: What was the value added by Carlo's Bakery?
A: Here the superior Nut company imports peanuts for $3,000,000 and crushes them into peanut butter and…
Q: The tables set out information about the economy of Athabasca. Table 1 Production Function Calculate…
A: Production function shows how much labor is employed to produce given level of output. Real GDP is…
Q: In 2015, average hourly earnings were $15.35. By 2019, the had risen to $19.33. In the same period…
A: Answer: Given, Year Average hourly wage CPI 2015 $15.35 185.5 2019 $19.33 245.9 Real wage…
Q: 2(a) In what sense is capital productive? (b) Is interest earned?
A: 2(a) In what sense is capital productive? The amount of output divided by the volume of inputs is…
Q: 5.) In the flow of funds model, households make cash payments in the cash payments in the market and…
A: Note:- Since we can only answer one question at a time, we'll answer first one. Please repost the…
Q: average product of c- units of capital and 5 are employed? whole number onlv
A: Production Function is given as Q = 3K + 4L Average…
Q: A firm used $1,900 worth of peanuts and $100 worth of salt to produce peanut butter. This required…
A: In value added method, revenue – costs provides value that the firm added in the process
Q: Discuss the impact of the small business on the economy in the United States What impact do small…
A: Small business can be defined as the privately owned organization, sole proprietorships, or…
Q: Describe the concept of rate of return?
A: Rate of return is a rate at which investment has earned profit or suffered a loss in terms of…
Q: what is ? 1-)Nominal Interest Rate 2-)Real Interest Rate 3-)Labor Force
A: The Nominal Interest rate (i) is the interest rate when inflation is not taken into account. This…
Q: A firm used $1,900 worth of peanuts and $100 worth of salt to produce peanut butter. This required…
A: Value-added is a method of calculating the final value of the output of a firm and GDP without the…
Q: .A country's standard of living depends on its ability to produce goods and services إخثر واحدأن ths…
A: A country's standard of living depends on it's ability to produce goods and services. - TRUE
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: Simple economy Q4. Gorgonzola cane, yo-yos, rum, peanuts, harmonicas, and peanut butter. Assume that…
A: Gross domestic product (GDP) is that the total financial or market price of all the finished product…
Q: Melanie decided to save 20% of her annual earnings for 10 years so she would have a down payment for…
A: In this case, after 5 years, deflation in the economy causes an increase in purchasing power of the…
Q: In an american firm value of output is $66,000 and change in stock is $15,000 find out sales of a…
A: As per the question we are given that value of output = $66,000 Change in stock =$15,000 we have to…
Q: What is measured by how many goods and services a worker produces in an hour? O gross domestic…
A: Meaning of Factors of Production: The term factors of production refer to the situation under…
Q: Which is not a factor of production? Money Land Labor Capital
A: The factors of production are factors inputs and resources that are used to create the final…
Q: Definition of micro
A: In economics we study the decision of societies in the condition of scarcity, people has to choose…
Q: ers to the professed interest rate. a Nominal b Effective c Ordinal d Actual
A: Professed interest rate or stated rate is the rate that banks or lender shows the interest rate…
Q: In January 2015, Tim's Gyms, Inc. owned machines valued at $1 million. During the year, the market…
A: Gross investment: It is the money spent on the purchase of new capital. Net investment: It is the…
Q: O C,R O D,L O B,R D,M
A: Game theory is used to model different strategies between two or more players. That is where we find…
Q: a. What do households do in the factor market, buy or sell? A. buy B. sell b. In the Factor…
A: Households, in the Factor Market, are the owners of the factors of production in the circular flow…
Q: Explain the concept of rate of return?
A: The rate of return, expressed in terms of percentage, can be defined as the net gain or loss on the…
Q: Part A: Give a specific example of something a household would buy or sell in the product market.…
A: Product market: It is the place to sale and purchase goods & services. Factor market: It is a…
Q: Small Medium Enterprise are sn important part of any economy. describe in detail the various…
A: The Government of India established MSMEs, or Micro, Small, and Medium Enterprises, which are…
Q: The change in output or total product the business, would achieve in the current period byexpanding…
A: Total product refers to the total amount of output that the firms can produce. The total product is…
Q: Suppose that a painter uses 3 pieces of canvas valued at $50 each and paint valued at $150 total.…
A: Cost on Canvas = $50 per unit Quantity of Canvas = 3 Cost on paint = $150 Paintings worth = $200…
Q: There are five economic sectors that house different types of work/economic activities. First, list…
A: There are five unique areas in an economy: Primary activities Primary activities are…
Q: 2. Describe what entrepreneurs do. 3. Define the three factors of production and the differences…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: What is the distinction between total value and unit value according to Mises?
A: The Mises is an institute that is described as a leading supporter of the world of the ideas of…
Q: Discuss wether all firms in a country will welcome a change in people’s income. MUST use examples,…
A: The markets are the place where the buyers and sellers of the goods and services tend to interact…
Q: 1 What is business?
A: Meaning of Applied Economics: The term applied economics is somewhat different from economics, as…
Q: how the data could be better reported to convey the true production
A: Through general reports of Fine reports users can fetch data from different types of business…
Q: Explain how the user market, the capital market, and the government interact to determine real…
A: Note:- Dear learner you have posted multiple questions, as per our policy we have solved only first…
Q: How do firms and individuals determine if it's worth it to (a) invest in capital improvements, (b)…
A: There is a basic principle of marginal benefit(MB) and marginal cost(MC). We will answer this…
Q: Q1 What is "capital"? The salary we pay employees The money we pay to the government Money invested…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: 1. Describe the circular flow of the Economy. Also describe in detail how each of the resources is…
A: The circular flow currency movement is a model that demonstrates the significant financial…
Q: Last year, Jarod left a job that pays $80,000 to run his own bike-repair shop. Jarod's shop charges…
A: Accounting costs, also referred to as explicit costs are the costs that a firm pays out of its…
Q: In an economy:- Value of output = $30,000 Change in stock = $23,000 We have to calculate sales
A: The information being given is as follows:- Value of output = $30,000 Change in stock = $23,000…
Q22
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Find out NDP from given data. GNP = 1000 Net factor income from abroad = -100 Net indirect of fixed capital = 200 Consumption of fixed capital = 201. List some administrative fixed assets 2. Give examples of homogeneous goodsa. What do households do in the factor market, buy or sell? A. buy B. sell b. In the Factor Market do firms buy or sell? A. buy B. sell
- what is Value Added at Producer Price and Value Added at Purchaser Price. How are they calculatedDiscuss wether all firms in a country will welcome a change in people’s income. MUST use examples, please and thank you!Mr. Scoobertini owns a store specializing in soccer jerseys. In 2008, he purchased $150,000 worth of jerseys from manufacturers, employed one worker for $40,000, purchased $20,000 worth of supplies from an office supply store, and sold jerseys for $280,000. Based on this information, what was the value added at Alejandro's store in 2008?A) $70,000B) $110,000C)$280,000D) $490,000
- only typed answer Assume that a steel company sold $152 million worth of steel, paid $64 million in wages, purchased $21 million of coal that it uses to produce its steel, and paid $46 million in taxes. What was the value added of this company? A) $152 million. B) $131 million. C) $67 million. D) $21 million.find the value of sales if :- GVAFC = 120 Change in stock = - 80 Purchase of raw material = 400 Excise duty = 50 Sales tax = 30 All values are in dollar millionAssume there are only two producing sector Y & Z in an economy. Calculate a) Gross value added at market price by each sector b) National income from the followings: Items Amount in Crores Net factor income from abroad- 20 Sales by Y- 1000 Sales by Z- 2000 Change in stock of Z- 200 Closing stock of Y- 50 Opening stock of Y- 100 Consumption of fixed capital by Y & Z- 180 Indirect taxes paid by Y & Z- 120 Purchase of raw material by Y- 500 Purchase of raw material by Z- 600 Exports by Z- 70
- Calculate the value of NVAFC Its given that the value of GVAMP is $350 million, the value of net indirect taxes is $87 and the value of consumption of fixed capital is $35What are the differences between national income, personal income, and disposable personal income? Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.11 The statement that correctly describes the capital goods is __________. a. Labor power used for producing a product b. None of the options c. Goods and services that are consumed fully when purchased by the consumers d. Goods such as tools machinery etc. which are used to create final consumer goods