the price level is proportional to the money supply if velocity is constant.
What is GDP?The phrase "gross domestic product" is used to estimate the market value of all final products and services produced or sold (not resold) by nations within a specific time period in dollars (GDP). Due to the measurement's complexity and subjectivity, it must be repeatedly adjusted before it is considered a reliable indicator.
Is GDP a reliable metric?The Gross Domestic Product (GDP) approximates the total worth of all commodities produced and services rendered over a given time period and represents the actual size of the economy at that particular moment in time. The gross domestic product (GDP), which simply measures the income and sales from economic purchases and ignores any moral ramifications, is not widely regarded as an accurate indicator of economic well-being.
To know more about GDP visit:
https://brainly.com/question/15899184
#SPJ4
What do sellers do if they expect the price of a good they have for sale to increase dramatically in the near future?
Sellers may decide to keep their items and wait to sell them if they anticipate that the price of a good they are offering for sale will rise significantly in the near future.
A seller is a person or business that makes products or services available for purchase. A seller's main objective is to turn a profit by trading goods or services for cash. In order to draw customers and sell their items in a competitive market, merchants must find strategies to set themselves apart from their rivals. This could entail providing exceptional customer service, producing distinctive or new items, or supplying high-quality goods at affordable pricing. Retail, wholesale, online, and niche markets are just a few of the many sectors that sellers might operate in. While wholesale merchants provide products to other firms, retail sellers sell products directly to customers in real stores or online. Online retailers utilise the internet to advertise their products to a larger audience and conduct direct sales to customers.
Learn more about Sellers here:
https://brainly.com/question/17217405
#SPJ4
an industrial tool manufacturer relies on a distributor network with the largest online outlet and store network aimed at construction workers. the distributor network is seeking a manufacturer to provide them with private label products. they've decided they will offer only their own product line and not any other brand in this category of industrial tools. now the industrial tool company must decide whether to agree to this proposition or lose this company as a customer. this is an example of which of the competitive forces at play in this industry?
This scenario is an example of the bargaining power of buyers, one of the competitive forces identified by Michael Porter in his Five Forces Framework.
The decision of the distributor network to sell just its own product line and no other brand in this category of industrial tools offers them tremendous bargaining power with the industrial tool maker. The distributor network is essentially utilizing its market power to impose terms on the producer, putting pressure on the manufacturer to accede to the proposition or risk losing a significant customer.
Because of its size and the fact that it has the largest online outlet and retail network geared at construction workers, the distributor network's bargaining power is likely to be considerable in this scenario.
For such more question on buyers:
https://brainly.com/question/29358129
#SPJ4
The form of business ownership best suited to raising large amounts of money for expansion is the: Select one: a. Sole proprietorship. b. partnership c. corporation d. cooperative
c. corporation. The corporation is the type of corporate ownership that lends itself to obtaining substantial sums of money for expansion.
The corporation is the type of corporate ownership that lends itself to obtaining substantial sums of money for expansion. Businesses have the benefit of offering stocks and bonds to investors in return for ownership and funding of the business. This may generate a substantial sum of money that may be utilised to finance development and expansion. Additionally, because there is no cap on the number of stockholders that businesses may have, it is feasible to obtain significant sums of money from a wide range of investors. In contrast to other types of ownership, corporations may be more complexly organised and are subject to greater regulation.
learn more about corporation here:
https://brainly.com/question/28097453
#SPJ4
In order to fully leverage the talents of the best and brightest employees, a firm should be concerned with
Multiple Choice
·
rewards, training, and customer support.
·
hiring, retention, and training.
·
hiring, firing, and redistribution.
·
rewards, training, and customer support.
In order to fully leverage the talents of the best and brightest employees, a firm should be concerned with hiring, retention, and training.
In order to fully leverage the talents of the best and brightest employees, a firm must focus on attracting and hiring top talent, retaining them through effective employee engagement and development programs, and providing them with opportunities for continuous learning and skill development through training and career advancement programs. While rewards and customer support are important factors, they alone are not sufficient to attract and retain top talent. Firms must also create a supportive and inclusive workplace culture that encourages innovation, collaboration, and personal growth, and provide employees with opportunities to apply their skills and talents to meaningful and challenging projects. By focusing on these key sales areas, firms can create a motivated and high-performing workforce that can drive innovation, growth, and competitive advantage.
learn more about sales here
https://brainly.com/question/30380051
#SPJ4
as an effective communicator, the director of public relations knows that face-to-face communication with journalists is high in____because people can engage in give-and-take, while press releases are much lower in that regard.
Face-to-face communication is by far the richest medium, as it conveys a wide range of information (verbal and visual cues) and allows for immediate feedback that is as rich as the initial message.
Which mode of business communication should entrepreneurs use to communicate formal information to their employees?
This is the most common type of formal communication, and it represents the flow of information from upper management to lower management.
It is usually made up of various instructions and orders that are passed down in written or oral form, such as reports, memos, emails, manuals, and so on.
Therefore, Consider how much your communication partner's body language can reveal.
Learn more about effective communication from the given link.
https://brainly.com/question/1423564
#SPJ1
suppose that an economy consists of only two individuals. angelo has $1910 available to spend on goods. he decides to purchase $690 worth of produce from michele in the current month. no other economic activity takes place during the current month. using this information, answer the questions.
For the current quarter, the economy's income will be $690 since in that current year only this particular transaction is recorded.
Economic income for a business is typically defined as the change in the company's value plus any dividends paid during the time period. Nearly all economists agree that the best way to calculate an asset's value is to discount the value of the future cash flows that can be attributed to it. Economic profit (or loss) is equal to revenue less explicit costs minus opportunity costs.
Explicit costs include all expenses that are typically taken into account, including labor costs, material costs, marketing costs, depreciation, and taxes. On an income statement for a specific time period, the revenues, expenses, and profitability of a business are shown. It may also be referred to as a profit-and-loss (PandL) or earnings statement. It shows your sales revenue for products or services.
To learn more about economy's income: https://brainly.com/question/29813183
#SPJ4
when we use the absolute values in the elastic range of the demand curve, we observe that: multiple choice question.
The correct option is C. using absolute values in the elastic range of the demand curve % change in quantity demanded > % change in price.
In economics, the demand curve is a graphical representation of the relationship between the price of a product and the quantity of that product demanded by consumers. The demand curve shows the relationship between price and quantity demanded and is typically downward sloping, indicating that as the price of a good or service increases, the quantity demanded decreases.
In economics, demand is the amount of a good or service that consumers are willing and able to purchase at a given price, over a specific period of time. The demand curve is useful to businesses, as it allows them to predict how much of their product will sell at different price points. Similarly, policymakers can use demand curves to understand the impact of different taxes or subsidies on consumer behavior.
To learn more about Demand curve visit here:
brainly.com/question/30550686
#SPJ4
Complete Question:
using absolute values in the elastic range of the demand curve:
A. % change in quantity demanded < % change in price.
B. % change in quantity demanded = % change in price.
C. % change in quantity demanded > % change in price.
the sequence of functions and related activities that, over the life of a product or service, can ultimately make a difference to the customer are:
The sequence of functions and related activities that can ultimately make a difference to the customer over the life of a product or service can be broadly classified into the following stages:
Research and development: This stage involves the creation and testing of new product ideas and the development of prototypes. The goal is to create a product that meets customer needs and preferences.
Product design and engineering: This stage involves the detailed design of the product, including its features, specifications, and materials. The goal is to create a product that is functional, reliable, and meets customer expectations.
Production and manufacturing: This stage involves the actual production of the product, including sourcing of raw materials, assembly, testing, and quality control. The goal is to create a product that is of high quality and consistency.
Marketing and sales: This stage involves creating awareness and demand for the product, as well as selling and distributing it to customers. The goal is to create a customer base and generate revenue.
Customer service and support: This stage involves providing ongoing support to customers, including after-sales service, technical support, and repair services. The goal is to create a positive customer experience and maintain customer loyalty.
Product improvement and innovation: This stage involves ongoing efforts to improve the product, including updates, upgrades, and new features. The goal is to keep the product relevant and competitive in the market.
For mores such questions on services
https://brainly.com/question/24553900
#SPJ4
according to the put-call parity theorem, the payoffs associated with ownership of a call option can be replicated by
The put-call parity theory states that shorting the underlying stock, borrowing the present value of the exercise price, and writing a put on the same underlying stock with the same exercise can all mimic the benefits of owning a call option.
According to put-call parity, having a short European put and a long European call of the same class at the same time will produce the same return as holding a single forward contract on the same underlying asset, with the same expiration and a forward value equal to the option's strike price. Put option minus call option plus stock plus call parity relationship equals exercise price present value.
To learn more about value, click here.
https://brainly.com/question/29850146
#SPJ4
brandon and cleo are married and will file a joint return. they both work full-time, and they have two dependent children, jack (11) and phoebe (4). during the year, the couple spent $16,000 for phoebe's child care. however, cleo's mother watched jack free of charge when he was not in school, so they did not incur any child care expenses for him. brandon and cleo's 2021 adjusted gross income is $118,500. they did not receive any employer dependent care benefits. what is the maximum amount they may be eligible to receive for the child and dependent care credit?
The maximum amount of the child and dependent care credit that Brandon and Cleo may be eligible to receive is $3,200.
Brandon and Cleo may be eligible for the child and dependent care credit. The credit amount is based on the lower of the following:
The actual amount spent on qualifying expenses, which is $16,000 for Phoebe's child care in this case; or
The earned income of Brandon and Cleo, which is $118,500.
The credit is a percentage of the qualifying expenses, ranging from 20% to 35% depending on income. For taxpayers with adjusted gross income of $43,000 or more, the credit percentage is 20%.
Care credit -
20% x $16,000 = $3,200
Note - The credit is subject to phaseout based on income. In this case, because their adjusted gross income is above $125,000, the credit is phased out gradually, with a reduction of 1% for each $2,000 (or fraction thereof) of income above $125,000. So, the actual credit they will receive may be less than $3,200.
For more such questions on care credit
https://brainly.com/question/15025351
#SPJ4
unemployment is often called a lagging or trailing indicator because unemployment tends to rise some time after the economy begins to slow down, and unemployment begins to fall again after the economy begins to rebound. unemployment trails gdp because:
Because businesses cut hours before firing workers during recessions and increase hours before hiring during expansions, unemployment lags GDP.
How can the unemployment issue be resolved?Changes in manufacturing techniques, policies seasonal unemployment, changes in the educational system, expansion of job portal, increased support for self-employed individuals, emphasis on full and more found this interesting, and an increase in the production rate are some of the solutions to the unemployment problem. There are numerous factors that originate from both the supply side, or the worker, and the demand side, or the employer, that contribute to unemployment. High interest rates, the world economy being in a recession, and the financial crisis might all affect demand. Type of unemployment and structural unemployment are major supply-side contributors. Fiscal policy can lower unemployment through accelerating economic growth and aggregate demand.
To know more about Unemployment Visit:
brainly.com/question/13399471
#SPJ4
how is the cash conversion cycle calculated? question 4 options: 1) average collection period inventory turnover period days payable outstanding period. 2) average collection period - inventory turnover period days payable outstanding period. 3) average collection period - inventory turnover period - days payable outstanding period. 4) average collection period inventory turnover period - days payable outstanding period. 5) none of the above.
4) average collection period inventory turnover period - days payable outstanding period. The following is how the cash conversion cycle is calculated: Average collection.
period + Inventory turnover period - Days payable outstanding period = Cash conversion cycle The cash conversion cycle is the time it takes for a firm to turn its inventory and accounts receivable assets into cash. The cash conversion cycle may be calculated using the following formula Average inventory conversion time + Average collection period - Average payment period = Cash conversion cycle where the average inventory conversion time is the average number of days to sell goods and the average collection period is the average number of days to collect money from customers.
learn more about Cash here:
https://brainly.com/question/10776890
#SPJ4
A form of economic efficiency called _ is achieved when resources are directed toward their highest-valued use. (Enter one word in each blank.)
If resources are allocated to their highest-valued use, allocative efficiency, a type of economic efficiency, is attained.
What is allocative efficiency in the field of economics?Efficiency is the characteristic of a market where all goods and services are distributed among consumers in an economy in an allocative or allocational manner.
The term "allocative efficiency" refers to the allocation of economic resources across different enterprises and industries, each of which upholds the productive efficiency principle, in a way that generates the necessary volume of finished consumer goods.
The meaning of allocative effectiveness When is there allocative efficiency?There is efficient allocation of resources when one party does not gain from a good at the expense of another. Both parties must be willing to exchange the good with one another in order for the trade to be profitable for both parties.
Learn more about allocative efficiency: https://brainly.com/question/29376944
#SPJ1
jessie has $4,000 in a bank account, $2,800 in a 401(k) plan at work, a car with a current value of $28,000, and a house that she purchased for $92,000 that has a current value of $118,000. the current balance of her home mortgage is $81,000, she has one credit card with a $3,000 balance, and a student loan with a balance of $6,000. what is jessie's current net worth?
Throughout the past 65 years, financial innovation has provided American households with a constantly expanding range of financial options from a growing number of companies, along with a sometimes overwhelming amount of information.
Consumer finance has also grown more and more into a "do it yourself" activity (Ryan, Trumbull, and Tufano, 2010). In addition to choosing from a variety of credit instruments to pay for everything from a home purchase to short-term cash needs, households are expected to take on a larger degree of responsibility for their financial well-being in general. The kind of insurance policy and the coverage it provides should be mentioned in a financial strategy for asset protection.
Learn more about financial here:
https://brainly.com/question/29641948
#SPJ4
hich of the following is an advantage of seniority pay systems? question 5 options: they encourage employees to continue to increase their skill sets. they reward employees on an objective basis. they reward exemplary performance. they help to promote product quality.
The advantage of seniority pay systems is they encourage employees to continue to increase their skill sets. Thus option (a) is correct.
What is seniority pay systems ?
The Seniority-based pay systems are in which the main basis for giving pay increases is the employee’s tenure. It should be noted that seniority-based pay systems can take into account performance, but the main factor is tenure.
The benefits of seniority-based pay include loyalty, focus and stability of all staff members, regardless of performance levels.
The encouragement in employees to continue the enhancement in their skill set is a positive factor of seniority pay systems.
Learn more about seniority pay systems here:
https://brainly.com/question/28069559
#SPJ1
A sales position needs to be filled. There are two candidates available the first candidate has 10 years of experience and consultant of the week making a $3000 profit per week for the company he’s asking $80,000 salary second candidate has one year of experience I can sell eight units a week making a $2400 profit for the company he’s asking for $45,000 salary but candidate would make the company the most money the first year of employment
Candidate B is the one who would bring in the maximum revenue for the organisation in their first year of work.
Who would have a higher income?The maximum profit a candidate can generate for the business is:
= ( Number of weeks in year x Profit per week ) ( Number of weeks in year x Profit per week ) - Year's worth of pay
We'll assume a year has 48 work weeks.
The money Candidate A would earn would be:
= ( 48 x 3, 000 ) - 80, 000
= $64, 000
Candidate B earned in money is:
= ( 48 x 2, 400 ) - 45, 000
= $70, 200
Learn more about Income here
https://brainly.com/question/29569379
#SPJ1
What is the most important internal control over cash?
The division of responsibilities and a defined policy for handling and disbursement of funds are two crucial internal controls. Background checks on employees, staff training, as well as other internal controls,
The meaning of your disbursementThe school's payment for federal student aid payments to the student is referred to as a disbursement. Federal student aid is often provided to students over the course of two or more installments.
How long does it take to distribute money?To distribute a personal loan after approval, this could take 1-2 working days. Additionally, some lenders will mail the check to your residence. Most lenders now immediately transfer the loan amount into the lender's bank account.
To know more about disbursement visit:
https://brainly.com/question/24195927
#SPJ4
your firm reduces its days in receivables from 87 to 67, which generates $3.4 million of new investment funds. growth rate in equity will increase because:
The company's cash conversion cycle will improve if days in receivable are decreased from 87 to 67. This enables the business to obtain payment from clients more quickly, which results in the creation of $3.4 million in fresh investment capital.
The additional investment money can be utilised to finance new projects, R&D, or other growth activities, which will result in a higher growth rate for equity. A higher stock price and an increase in the value of the company's equity may result from this as higher revenues and profits.Also, the company can increase its liquidity and lessen its dependency on outside financing by shortening the cash conversion cycle. This may contribute to lowering the cost of capital and raising the firm's shareholders' overall return on equity. In general, lowering days in receivables can significantly enhance a company's growth and profitability.
learn more about Cash conversion cycle here:
brainly.com/question/17439117
#SPJ4
which legislation enacted in 1916 provides civilian employees of the federal government with medical care, survivors' benefits, and compensation for lost wages?
The legislation enacted in 1916 that provides civilian employees of the federal government with medical care, survivors' benefits, and compensation for lost wages is the Federal Employees' Compensation Act (FECA).
The FECA is a federal law that establishes a comprehensive workers' compensation program for federal employees who are injured or become ill as a result of their employment.
The law provides compensation for wage loss, medical expenses, and vocational rehabilitation services to help injured workers return to their jobs or find new employment. The FECA is administered by the Office of Workers' Compensation Programs (OWCP), a division of the U.S. Department of Labor.
The FECA is an important federal law that helps protect the rights and well-being of federal workers and ensures that they are fairly compensated in the event of a work-related injury or illness.
To learn more about federal government
https://brainly.com/question/20083762
#SPJ4
What is the most important internal control over cash?
Separation of roles is the internal control that most effectively ensures the secure handling of funds.
Internal control is the collective term for the policies and procedures that a business establishes to ensure that it operates in accordance with management's objectives and that accountability is upheld for every transaction. This includes the methods the business employs to safeguard its assets, guarantee the accuracy and dependability of its financial data, improve operational efficiency, and encourage adherence to prescribed management standards.
This thorough description of internal control includes the phrases administrative control and accounting control. Typically, administrative (or operational) controls seek to improve operational efficiency or in some other manner constrain the organization's behaviour. Contrasting these controls are internal accounting controls, which are primarily concerned with correct financial reporting.
learn more about funds here
https://brainly.com/question/20383417
#SPJ4
a zero-coupon bond is selling at a discount price of $420, and its time to maturity is 14 years. if the yield to maturity of the bond is 6.4%, what is the duration of the bond? 10 years 14 years 7 years 5 years
The duration of a zero-coupon bond is equal to its time to maturity. Therefore, the duration of the bond is 14 years, which makes option B the correct answer.
Duration is an important concept in fixed-income investments as it helps to estimate the sensitivity of the bond's price to changes in interest rates. A bond with a longer duration is more sensitive to changes in interest rates than a bond with a shorter duration. Therefore, investors who are more concerned with interest rate risk would prefer to invest in bonds with shorter durations.
In the case of a zero-coupon bond, the bondholder does not receive any coupon payments during the life of the bond. Instead, the bond is sold at a discount to its face value and the investor receives the face value at maturity. The yield to maturity is the rate of return that the investor will earn if the bond is held until maturity.
Complete question:
a zero-coupon bond is selling at a discount price of $420, and its time to maturity is 14 years. if the yield to maturity of the bond is 6.4%, what is the duration of the bond?
A - 10 years
B - 14 years
C - 7 years
D - 5 years
To learn more about zero-coupon bond
https://brainly.com/question/30471895
#SPJ4
which of the statements below summarizes what the acid-test ratio measures? multiple choice question. the acid-test ratio measures the profitability of a company. the acid-test ratio measures the marketability of a company's merchandise. the acid-test ratio measures the efficiency of capital spending. the acid-test ratio measures a merchandiser's ability to pay its current liabilities.
The statement that summarizes what the acid-test ratio measures is: "The acid-test ratio measures a merchandiser's ability to pay its current liabilities."
What is acid test ratio ?The fast ratio, commonly referred to as the acid-test ratio, gauges a company's capacity to settle its current debts with its current assets minus inventories. The acid-test ratio offers a more conservative measure of liquidity than other ratios that take inventory into consideration by concentrating primarily on the company's most liquid assets (such as cash, marketable securities, and accounts receivable). The corporation is better able to fulfil its short-term obligations if the acid-test ratio is higher.To know more about acid test ratio , check out :
https://brainly.com/question/25814739
#SPJ1
which one is not correct regarding dell strategy to take direct customer order via phone/internet? question 4 options: building this direct channel required an investment because of the added functions dell must perform. a large part of that cost can be attributed to information the company can respond more quickly to changes in consumer needs. dell can then modify its product offerings to meet these new needs dell is a high responsive company and this responsiveness due to it costs it a lot comparing to other competitors who has the same level of responsiveness dell is able to view the actual consumer demand much sooner than most pc manufacturers.
The last option is the correct solution to this question here. Dell is able to view the actual consumer demand much sooner than most PC manufacturers.
Dell is one of those manufacturers that sells it's PC's directly to it's end customers but a lot of other companies sell their components through resellers.
American-based technology corporation Dell Inc. It creates, markets, fixes, and supports computers as well as associated goods and services. The parent business of Dell, Dell Technologies, owns Dell.
Dell Inc., originally PC's Limited (1984–88) and Dell Computer Corporation (1988–2003), is a multinational corporation that creates, develops, and produces personal computers (PCs) and a range of associated goods. The business is a major PC provider in the world. The headquarters of Dell are in Round Rock, Texas.
Learn more about Dell here brainly.com/question/28391021
#SPJ4
when auditing the accounts receivable on the balance sheet and auditors procedures most likely would focus primarily on the management assertions of
When auditing the accounts receivable on the balance sheet, auditors' procedures would likely focus primarily on the management assertions of completeness, accuracy, existence, and valuation.
Completeness: Auditors would want to ensure that all accounts receivable that should be recorded on the balance sheet are included, and that there are no unrecorded receivables. Accuracy: Auditors would want to ensure that the accounts receivable balances are accurate and that there are no errors or misstatements.
Existence: Auditors would want to ensure that the accounts receivable balances actually exist and are not fictitious. They may perform procedures such as sending confirmations to customers to verify the balances and reviewing documentation such as sales invoices and shipping documents to ensure that the sales transactions actually occurred.
Valuation: Auditors would want to ensure that the accounts receivable balances are properly valued and that any adjustments to the allowance for doubtful accounts are appropriate. They may perform procedures such as reviewing the aging of accounts receivable and the history of bad debt write-offs to ensure that the allowance is reasonable and adequate.
Learn more about auditors here:
https://brainly.com/question/28457117
#SPJ4
if the agreement of either party is obtained by fraud, misrepresentation, undue influence, or duress, a(n):
If agreement of either party is obtained by fraud, misrepresentation, mistake, undue influence, or duress, or if the contract is one of adhesion/ is unconscionable, a(n): voidable contract results.
A contract is an agreement that provides for specific legally enforceable rights and obligations affecting two or more mutually agreeing parties.
Contracts typically include the transfer of goods, services, money, or promises to transfer at a future date. In the event of a breach of contract, victims are entitled to legal remedies, including damages and withdrawal.
A binding agreement between parties in international law is called a treaty.
Contract law, the field of law of obligations dealing with contracts, is based on the principle that agreements must be honored.
Like other areas of private law, contract law varies from jurisdiction to jurisdiction.
To know more about contract, here:
https://brainly.com/question/2669219
#SPJ4
while all brick-and-mortar retailers face the threat of amazon and online shopping in general, why did jcpenney perform so poorly while other re-tailers such as walmart, best buy, or target fared better?
JCPenney's planned blue ocean strategy was a failure, and the company instead sailed further into the violent competition's red ocean.
Briefing:-Due of the inherent trade-offs in the underlying basic business strategies of cost leadership and differentiation, this emphasizes the risks of implementing a blue ocean strategy.
How come JCPenney failed?The company had a heavy debt load and spent the previous ten years with a constant succession of CEOs, new shop designs that failed to pique customers' interest, and projects and rebrands that failed to connect with them. With total losses of $4.5 billion, the once-loved store has been unprofitable since 2010.
To Know more about shop designs
https://brainly.com/question/24606047
#SPJ1
the government purchases: 3.40 3.40 trillions of rupees. individuals consume: 11.00 11.00 trillions of rupees. individuals save: 5.45 5.45 trillions of rupees. businesses invest: 1.65 1.65 trillions of rupees. foreigners spend: 0.50 0.50 trillions of rupees to purchase pakistani firms. pakistan imports: 2.48 2.48 trillions of rupees. pakistan exports: 1.32 1.32 trillions of rupees. calculate pakistan's gdp. assume that the values are all current and no conversions need to be made. give your answer in terms of trillions of rupees, and round to two decimals.
Taking all the factors into consideration, the above questions answer would round up to. Pakistan's GDP is 11.89 trillion rupees.
To calculate Pakistan's GDP, we can use the following formula:
GDP = C + I + G + (X - M)
Where:
C = Consumption
I = Investment
G = Government spending
X = Exports
M = Imports
Using the values given in the question, we can plug them into the formula:
GDP = 11.00 + 1.65 + 3.40 + (1.32 - 2.48) + 0.00
Note that we subtract imports from exports to account for the fact that imports represent spending on goods and services produced outside of Pakistan, while exports represent income generated by domestic producers that is spent by foreigners.
Simplifying the equation, we get:
GDP = 13.05 - 1.16
Calculating, we get:
GDP = 11.89 trillion rupees
For more such questions on GDP
https://brainly.com/question/17475471
#SPJ4
The definition of a blank. blank states: an unfavorable balance of trade, which occurs when the value of a country's exports is less than its imports.
When a nation's imports exceed its exports for a specific period, a trade deficit results. It is known as a negative trade balance (BOT). The balance can be determined based on transactions in the following categories: products, services, goods, and services.
Is a trade surplus the same thing as an unfavorable balance of trade?A nation is said to have a positive trade balance, or a trade surplus if its exports outpace its imports. A trade deficit results from an unfavorable balance of trade, or an increase in imports over exports.
Does an unfavorable trade balance arise when a nation's imports are more than its exports in value?Exports must outpace imports for the trade balance to be positive and for the nation to have a trade surplus. If imports exceed exports, a country or region has a trade deficit and is said to have a negative trade balance.
Does a surplus in a country's trade balance indicate that imports are greater than exports in that country?A nation has a positive trade balance, which is quantified economically as a trade surplus when its exports outpace its imports. In contrast to a trade deficit, it exists.
To know more about trade deficit visit:
https://brainly.com/question/24473707
#SPJ1
which of the following are reasons for the inverse relationship between price and quantity demanded? multiple select question. buyers will buy more of a good if their friends are buying it. a higher price makes it more likely the consumer will substitute another good. a lower price increases the purchasing power of a buyer's income, enabling a buyer to purchase more of a product. a lower price represents a low-quality product. consumption is subject to diminishing marginal utility. people ordinarily buy more of a product at a low price than at a high price.
The reasons for the inverse relationship between price and quantity demanded are:
A higher price makes it more likely the consumer will substitute another good.
A lower price increases the purchasing power of a buyer's income, enabling a buyer to purchase more of a product.
Consumption is subject to diminishing marginal utility.
People ordinarily buy more of a product at a low price than at a high price.
For more such questions on Demand
https://brainly.com/question/24019366
#SPJ4
the practice of businesses paying bloggers to write positive comments about the business is called ______.
The practice of businesses paying bloggers to write positive comments about the business is called Paid endorsement or sponsored content.
What does sponsored material entail?
A sponsored piece of content is an advertisement for a good, service, or company that appears to be a fair news story or video. You might click on an article regarding the state of women's prisons while reading the news online, for instance.
Are sponsored articles paid for?
A sort of promotional content known as sponsored content is funded by an advertiser but produced and disseminated by a different business, influencer, or publisher.
When you support a business or influencer that caters to your core audience and often talks about subjects that are compatible with your brand, the content you produce will be the most interesting.
Learn more about sponsored content
brainly.com/question/17357738
#SPJ1
