Use the information on the following transactions for a country named Neverland: i. Local coffee shop: • Purchased coffee beans to produce coffee from a foreign company for $2,000. • Paid wages to local workers for $6,000. • Sold $8,000 worth of coffee to foreign consumers. • Bought a new expresso machine for $3,000 from a foreign company. ii. Local textile company. • Bought $1,000 worth of wool from a domestic company. • Bought $1,000 worth of wool from a foreign company. • Paid $5,000 in wages to domestic workers. • Paid $1,000 in wages to foreign workers for part-time jobs in Neverland. • Sold $4,000 cloths to domestic consumers and $6,000 to foreigners. iii. Local company producing wool. • Paid $1,000 for wages to domestic workers. • Sold $1,000 worth of wool to the domestic textile company. iv. Government. • Raised $2,000 from residents in Neverland in taxes. • Hired one domestic worker to produce public services at a cost of $500. What is the value of GDP in Neverland? (a) 18,000 (b) 12,500 (c) 15,500 (d) 15,000

At a student café, there are equal numbers of two types of customers with the following values. the café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i.e., she cannot price-discriminate). students with early classes students without early classes coffee 70 60 banana 51 101 the marginal cost of coffee is 10 and the marginal cost of a banana is 40. the café owner is considering three pricing strategies: 1. mixed bundling: price bundle of coffee and a banana for 161, or just a coffee for 70. 2. price separately: offer coffee at 60, price a banana at 101. 3. bundle only: coffee and a banana for 121. do not offer goods separately. assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the item or bundle. for simplicity, assume there is just one student with an early class, and one student without an early class. price strategy revenue from pricing strategy cost from pricing strategy profit from pricing strategy 1. mixed bundling $ $ $ 2. price separately $ $ $ 3. bundle only $ $ $ pricing strategy yields the highest profit for the café owner.

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.

Barney corporation recognized a $100 million preferred stock balance on 12/31/2019. on january 1, 2020, barney issued $10 million in preferred dividends. on the same date, barney raised an additional $20 million via a new issuance of preferred stock. on december 31, 2020, the market value of the original amount of preferred shares rose $5 million. under us gaap, the 12/31/2020 year ending preferred stock balance is: