Business, 04.06.2021 18:30, kaitlyn114433

Smallville is a small nation. Its population total is 600, and it has 200 wage earners who earn an average of $75 per year. Each wage earner spends a total of $60 per year buying goods and services of which $7.00 goes to buying imported goods. The nation exports a total of $1300 worth of goods. The Government tax rate is 8% and all government money is spend on libraries. There is only one industry (fishing) and it employs every wage earner. The industry spends $900 each year on new fishing equipment. What is the GDP? C=
I=
G=
X=
M=
GDP=

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 05:20, alexandroperez13

Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?

Answers: 2

continue

Business, 22.06.2019 09:00, tiffanibell71

Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.

Answers: 1

continue

Business, 22.06.2019 19:30, smokey19

The usa today reports that the average expenditure on valentine's day is $100.89. do male and female consumers differ in the amounts they spend? the average expenditure in a sample survey of 47 male consumers was $135.67, and the average expenditure in a sample survey of 38 female consumers was $68.64. based on past surveys, the standard deviation for male consumers is assumed to be $34, and the standard deviation for female consumers is assumed to be $17.

Answers: 1

continue

Business, 22.06.2019 20:20, dd123984

Levine inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. direct materials (9 pounds at $1.80 per pound) $16.20 direct labor (6 hours at $14.00 per hour) $84.00 during the month of april, the company manufactures 270 units and incurs the following actual costs. direct materials purchased and used (2,500 pounds) $5,000 direct labor (1,660 hours) $22,908 compute the total, price, and quantity variances for materials and labor.

Answers: 2

continue

Do you know the correct answer?

Smallville is a small nation. Its population total is 600, and it has 200 wage earners who earn an a...