In 2017, European Union spending on US goods accounted for 19% of US exports, and US exports amounted to 12.3% of US GDP. What was the share of European Union spending on US goods relative to US GDP

Answers

Answer 1

The share of European Union spending on US goods relative to US GDP is 2.34%.

What is GDP?

GDP means the gross domestic product of a country in a year, month, etc.

GDP represents the total monetary value of goods and services produced in a country in a given period of time.

Data and Calculations:

Percentage of EU spending on US exports = 19%

Percentage of US exports to US GDP = 12.3%

Share of EU spending on US goods relative to US GDP = 2.34% (19% x 12.3%)

Thus, the share of European Union spending on US goods relative to US GDP is 2.34%.

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Related Questions

True or False. Since grant proposals need to be short, budget and personnel information should not be included.

Answers

False because is not to be included


PLS HELP ME

the subject is economics

Answers

Assests - Item owned that could be sold for cash.

Goal - Target or Result which is desired.

Liabilities- Money owed.

Long term Goal -A desired result that maybe attained in more than a year.

Net worth- The amount you've minus the amount you owe

Short term Goal -A desired result that maybe attained in less than a year.

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A four-bedroom, four-bath, 4,875-square-foot house was listed at $445,000. Andreas, the seller, accepted an offer that was 95% of the listing price. What price per square foot did he get for the house

Answers

The price per square foot available to Andreas on the listed cost of the house, that is, $445,000 with an area of 4,875 square feet is $86.71.

What is the price per square foot?

Price per square foot is the cost price of a house in terms of per square foot. It can be determined by dividing the cost of a household by the area of the house in square feet.

Given values:

Cost of house = $445,000

Area of house (in square foot) = 4,875

Accepted ratio of listing price = 95%

Computation of price per square foot:

[tex]\rm\ Price \rm\ per \rm\ square \rm\ foot=\rm\ \frac{\rm\ Cost \rm\ of \rm\ house}{\rm\ Area \rm\ of \rm\ house}\times \rm\ Accepted \rm\ ratio\\\rm\ Price \rm\ per \rm\ square \rm\ foot=\frac{\$445,000}{4,875}\times 95\%\\\rm\ Price \rm\ per \rm\ square \rm\ foot=\$91.20\times95\%\\\rm\ Price \rm\ per \rm\ square \rm\ foot=\$86.71[/tex]

Therefore, Andreas gets the price per square foot for the house is $86.71.

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The primary goal of managerial accounting is to provide information to a.investors b.external auditors c.management d.creditors

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The prime objective of managerial accounting is to provide and render information to internal decision-makers which is option (c): "management."

What is the prime objective of managerial accounting?

Managerial accounting is a type of accounting that involves the identification, analysis, and interpretation of an entity's data by internal users such as managers in order to achieve the entity's goals and objectives.

Management uses the information provided by managerial accounting to make important business decisions. Budgeting and forecasting are two elements of managerial accounting,

which differs from financial accounting in that it uses historical data and is primarily intended for external users such as creditors and shareholders.

As a result, managerial accounting's major purpose is to offer information to internal decision makers also known as management.

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What is the reason for putting yourself on a budget?
A. To prevent yourself from paying compound interest
OB. To earn a high level of return on your investments
C. To make sure that your earning potential is as high as possible
O D. To keep your expenses below your income

Answers

Answer: D. To keep your expenses below your income

Answer:

Do. to keep your expenses below your income

Giorgio had cost of goods sold of $9,101 million, ending inventory of $2,089 million, and average inventory of $1,900 million. Its inventory turnover equals:

Answers

The inventory turnover for Giorgio whose cost of goods sold of $9,101 is  4.79 times

What is inventory turnover?

This Rreveals how many times a company sells its merchandise inventory during a period.

Inventory turnover is computed as:

= Cost of goods sold /  Average inventory

=  $9,101 million /  $1,900 million

= 4.79 times

Hence, the inventory turnover for Giorgio whose cost of goods sold of $9,101 is 4.79 times

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How much does the government take out of lottery winnings?.

Answers

Answer:

4.00%

Explanation:

the irs takes 25%

Interactive voice response directs customers to use touch-tone phones or keywords to navigate or provide information.
A. True
B. False

Answers

Answer:

True

Explanation:

interactive voice response (IVR)directs customers to use touch tone phones or keywords to naviate to porvide information

How are passion, consciousness, and product quality part of the product management process at Justin's

Answers

The way that these factors are a part of the product management process is that: It brings about passion for better environmental practices, quality, innovation and love for natural food.

What is product management?

This is a broad term that is mostly concerned with the planning and the management of a given product or certain services.

The term, also has to do with the launching of the product till iot goes to the market.

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After listening to both Caroline's forceful opinion and the CEO's advice about Rock Luster, what is the best plan of action moving forward

Answers

The context clues are important to know the best plan of action moving forward after listening to both Caroline's forceful opinion and the CEO's advice.

What are context clues?

Your information is incomplete as the excerpt isn't given. Therefore, an overview will be given.

Context clues are the hints that are given in a literary work by the author. In this case, it's important to read and understand the story.

Also, it's important to note that central idea that's illustrated by the author in the story. This is important to know the the best plan of action moving forward.

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Mr. Patel had an extremely successful early career, and he
was actually able to retire at 45. He wants to move his money
into a mutual fund that pays out a lot of cash, but he does not
care how much. He also wants to take some risk in hopes of
extra returns. Find an appropriate mutual fund and explain your
decision.

Answers

The appropriate mutual fund that is going to be helpful for Mr Patel would be the Equity Mutual funds.

What is the  Equity Mutual funds?

This is the type of investment that is overseen by a professional in the corporate money business.

Given that he said that he does not want to care much, this would be appropriate for him. Because he is not risk averse, he is going to have a higher return here.

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Which advantage of a sole proprietorship could also be a disadvantage?.

Answers

Answer:

Unlimited liability

Explanation:

A(n) __________ price is internally charged by one organizational unit for a good or service that it supplies to another unit. Group of answer choices organizational department substitute transfer budget

Answers

A transfer price is internally charged by one organizational unit for a good or service that it supplies to another unit.

What is transfer price?

It is the price of a goods or service bought by a department in the same organization as the producer.

The price is what is paid to the department where purchase is made.

Therefore, A transfer price is internally charged by one organizational unit for a good or service

that it supplies to another unit.

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How can advertising benefit our society?:​

Answers

Through the medium of advertising people get information regarding new products. As people use these new and latest goods, their standard of living gets a boost. Advertising is helpful in providing employment and increasing income of the people. Both have a positive effect on their standard of living

Answer: providing employment and increasing income of the people

Explanation:Through the medium of advertising people get information regarding new products. As people use these new and latest goods, their standard of living gets a boost. Advertising is helpful in providing employment and increasing income of the people. Both have a positive effect on their standard of living.

Battle Drills involve ______________________________________. The MDMP Process Standardized 'collective actions' without the application of a deliberate decision making process Select Leaders A deliberate decision making processes

Answers

Battle Drills involve "a collective action rapidly executed without applying a deliberate decision-making process."

What do you mean by decision-making process?

Decision-making is the process of making decisions by identifying a decision, gathering information, and evaluating other decisions.

Battle Drills involves "as a collective action that is carried out quickly without resorting to deliberate decision-making process." They require small orders of leader to carry out and are common throughout the Army.

Consecutive actions are essential to success in fighting or are essential to maintaining health.

Thus, Battle Drills involve "a collective action rapidly executed without applying a deliberate decision-making process."

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It costs a cookie firm $2 to sell a single cookie. This firm makes $4 in revenue from each cookie it sells. Assume this firm sells 20 cookies. What is its total profits

Answers

The cookie firm would make $80

The hierarchical decision-making structure in which unelected officials answer to those above them is known as the spoils system.
A. True
B. False

Answers

The spoils system is not a structure where unelected officials answer to those above them so this is False.

What is the spoils system?

This refers to a policy that used to occur in the United States where those who win elections, grant government positions to those who supported their campaigns.

The policy where unelected officials answer to officials above them who were elected is known as a bureaucracy.

In conclusion, this is false.

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Jesse has a good job and pays off his one credit card every month. He was surprised that when he applied for a loan to buy a car, he was rejected.
Explain the steps that he should take to check his credit report for errors. How can he resolve any errors that he discovers?

Answers

When Jesse finds the credit report error, he should explain in writing to the credit reporting company.

What is a credit report?

It should be noted that a credit report simply means a record of the repayment of a borrower.

In this case, when Jesse finds the credit report error, he should explain in writing to the credit reporting company.

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Which action illustrates citizen participation in an international organization?.

Answers

An action that illustrates citizen participation in an international organisation is volunteering

What is meant by the term volunteering?

Volunteering can be defined as a selfless service towards an act or service to the society without any incentives. A good example is the Red Cross.

It should be noted that one can volunteer to serve and in turn gain relevant work experience.

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If a company has four lots of products for sale, purchase 1 (earliest) for $17, purchase 2 (middle) for $15, purchase 3 (middle) for $12, and purchase 4 (latest) for $14, which cost would be assumed to be sold first using LIFO costing

Answers

Using the LIFO costing method, the cost that would be assumed to be sold first is $14.

What is the LIFO costing method?

The LIFO costing method is the inventory costing method that assumes that units sold first are from those that are newly purchased.

The LIFO (Last-in, First-out) method is different from the FIFO method which assumes that units sold first are those that are purchased at the beginning.

Thus, using the LIFO costing method, the cost that would be assumed to be sold first is $14.

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Expansionary monetary policy is more effective in an open economy because:.

Answers

In an open economy, expansionary fiscal policy  increases in government spending can raise interest rates, which raises the dollar's value and pushes out net exports  is the reason of effectiveness Expansionary monetary policy.

What is Expansionary monetary policy?

Expansionary policy, often known as loose policy, is a macroeconomic policy aimed at boosting economic growth.

Monetary or fiscal policy can both be used to expand the economy or a combination of the two.

It is part of Keynesian economics' overarching policy prescription for reducing the negative effects of economic cycles during slowdowns and recessions.

Thus, increases in government spending can raise interest rates is the reason of effectiveness Expansionary monetary policy.

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Account balances at the beginning of the year were: accounts receivable, $25,000; and inventory, $60,000. All sales were on account. Assume that Castile Products, Inc. , paid dividends of $2. 10 per share during the year. Also assume that the company’s common stock had a market price of $42 at the end of the year and there was no change in the number of outstanding shares of common stock during the year. Required: Compute financial ratios as follows: 1. Earnings per share. (Round your answer to 2 decimal places. ) 2. Dividend payout ratio. (Round your intermediate calculations to 2 decimal places. Round your percentage final answer to nearest whole number (i. E. , 0. 1234 should be entered as 12). ) 3. Dividend yield ratio. (Round your intermediate calculations to 2 decimal places. Round your percentage final answer to nearest whole number (i. E. , 0. 1234 should be entered as 12). ) 4. Price-earnings ratio. (Round your intermediate calculations to 2 decimal places. Round your answer to nearest whole number. ) 5. Book value per share. (Round your answer to 2 decimal places. )

Answers

The Earnings per share is $3.5;  Dividend payout ratio is 60%; Dividend yield ratio is 5% and Price-earnings ratio is 12.

Earnings per share

1. Earnings per share

Number of outstanding shares=Common stock/Par value

Number of outstanding shares=30,000/5

Number of outstanding shares=6,000

Earnings per share=Net income/Number of outstanding shares

Earnings per share=$21,000/6,000

Earnings per share=$3.5

2. Dividend payout ratio

Dividend payout ratio=Dividend per share/Earning per share

Dividend payout ratio=$2.10/$3.5

Dividend payout ratio=0.6×100

Dividend payout ratio=60%

3. Dividend yield ratio

Dividend yield ratio=Dividend per share/Market price per share

Dividend yield ratio=$2.10/$42

Dividend yield ratio=0.05×100

Dividend yield ratio=5%

4. Price-earnings ratio

Price-earnings ratio=Market price per share/Earning per share

Price-earnings ratio=$42/$3.5

Price-earnings ratio=12

Therefore the Earnings per share is $3.5;  Dividend payout ratio is 60%; Dividend yield ratio is 5% and Price-earnings ratio is 12.

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can som on pls help me ​

Answers

a list of potential customers for your new product would be created using accounting

McDonald's is testing the Crispy Chicken Sandwich in two markets. McDonald's franchisees have asked for a Southern-style chicken sandwich as Chick-fil-A's threat to its business continues to grow. In test marketing, the greatest danger to McDonald's is in choosing a test-site city that _______.

Answers

Does not reflect the marketing condition in the new products projected market area is the greatest danger to McDonald's is in choosing a test-site city.

What market area means?

A market area is a surface that displays the demand or supply for a specific item. It covers the locations where a factory's products are sent, while it is the tributary area from which a retail store pulls its clients.

Different areas of marketing are Digital marketing, Content marketing, Social media marketing, Visual marketing, Search engine marketing, Influencer marketing.

Thus, it does not reflect the condition of new project.

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How does inflation hurt your savings?

Answers

Answer:

have to spend more money

Explanation:

Bill has worked for Excellent Corp. for 4 years. During this period, Excellent Corp. has contributed $25,000 to his retirement plan. Assuming the company uses graded vesting, how much will Bill be able to roll into an individual retirement account (IRA) if he leaves Excellent Corp. at the end of 4 years

Answers

The amount that  Bill will be able to roll into an individual retirement account (IRA) if he leaves Excellent Corp. at the end of 4 years is: $15,000.

What is graded vesting?

Graded vesting can be defined as  the process in which an employee becomes the owner of the money an employer contributed into the employee individual retirement account.

Individual retirment account (IRA) is an account that enables a person to save for retirement or ahead of retirement.

Therefore the amount that  Bill will be able to roll into an individual retirement account (IRA) if he leaves Excellent Corp. at the end of 4 years is: $15,000.

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The three stages of organizational socialization, in order, are ____. Group of answer choices pre-hire, pre-employment, post-hire newcomer, insider, outsider student, employee, retiree pre-employment, encounter, role management anticipation, encounter, disillusionment

Answers

The three stages of organizational socialization, in order, are  per-employment, encounter, role management. This is a three stage model which is given by the Feldman with the each step of succession process.

What organizational socialization?

Organizational socialization is defined as a learning and adjustment process that enables an individual to accept an organizational position that satisfies both the organization's and individual's needs.

It is a dynamic process when an employee takes on a new or changing function within an organization.

Thus, option D,  per-employment, encounter, role management is correct.

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According to Fiedler's contingency leadership model, which component of situational control is deemed as the most important

Answers

The most crucial component of situational management, according to Fiedler's contingency leadership theory, is getting others to support your effort to persuade someone.

What is Fiedler’s Contingency Theory?

According to Fiedler's Contingency Theory, also known as Fiedler's Contingency Model or Fiedler's Theory of Leadership, there is no single optimum leadership style. Rather, the most effective leadership style for any particular situation is one that is appropriate for the situation.

Professor Fred Fiedler, an Austrian psychologist, created the hypothesis in the 1960s. He analyzed leaders' personalities and qualities and came to the opinion that leadership style is extremely difficult, if not impossible, to modify because it is established through one's life experiences.

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Which statement best defines the term deductible? it is money a consumer receives after experiencing a loss. it is the amount a consumer pays before the insurance will start paying. it is money paid by a consumer to share the pool cost of a payout. it is a fee paid to an insurance company to purchase coverage.

Answers

Answer:

the answer is B

Explanation:

heheehehehe

The statement best defines the term deductible is that it is the amount a consumer pays before the insurance will start paying. Thus, option B is correct.

What is insurance?

Renter’s insurance is a policy which covers the loss of people renting or subletting a property. It helps to protect against loss of properties within the insured apartment. The physical health and having a routine medical checkups can be described as the act of been fit and been healthy which can be seen as routine that involves engaging oneself in in physical activities such as jogging, running so as to improve the physical and mental look of the individuals.

It should be noted that the act of physical health involves the process of eating a good healthy diet so that it can improve the overall health of the body.

When the process of the physical health and having a routine medical checkups is been put on the check then it will reduce the premium that will be needed to maintain the process of the insurance incase there is a need for this.

Therefore, The statement best defines the term deductible is that it is the amount a consumer pays before the insurance will start paying. Thus, option B is correct.

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Your employer sends you a _______ form that tells you how much you've made and how much you've paid in taxes in the last year. W-9 1040 W-4 W-2

Answers

A W-2 tax form tells you how much you've made and how much you've paid in taxes in the last year.

What is W-2 tax form?

A W-2 tax form serves as the form that gives important information about the income you've earned from your employer.

Therefore, W-2 tax form display amount of taxes withheld from your paycheck.

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