Compute GDP by the expenditure - income methods
Given is a list of domestic output and national income figures for a specified year. All figures are in billions. Compute GDP by both the expenditure & income methods. The answers derived by each approach should be the similar.
Expert
GDP = $223
Revenue: Any adding up to cash or other current assets which does not raise any liability or reserve and does not symbolize the reduction or recovery of expenditure (example, reimbursements or abatements). Revenues are a kind of receipt usually derive
Normal 0 false false
Continuous Appropriation: The constitutional or statutory expenses authorization that is renewed each year without additional legislative action. The amount obtainable might be particular, recurring sum each year; all or a specified part of the procee
Sponsor: It is an individual, group, or organization which initiates or brings to a Legislator's attention a proposed law modification.
How are financial trades made in an over the counter market?On the contrary to the organized exchanges that have physical locations, the over the counter market contain no fixed location, or more accurately, it is everywhere. The over the counte
For banking services how competitive is the market?Along with more than 7,000 banks and thrifts in the U.S., banking is one of the most competitive industries in the world. Assume the following characteristics of the American financial services
Describe advantages and disadvantages of the internal rate of return method? The internal rate of return method is discounted cash flow method and number expressed like a percentage. Typically these are seen as advantages. The main disadvantag
How do mergers influence small businesses?According to a recent study through Federal Reserve & Wharton Financial Institutions Center economists, not a great deal. Their analysis revealed that acquisitions don't seem to be related with a sig
18,76,764
1933899 Asked
3,689
Active Tutors
1418154
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!