In measuring GDP as the sum of all incomes earned in production, we should include: purchases of used goods. purchases of used goods. American purchases of foreign output. American purchases of foreign output. wages and salaries. wages and salaries.

Answers

Answer 1

Answer:

wages and salaries.

Explanation:

GDP is an acronym for Gross Domestic Products (GDP) and it can be defined as a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, Gross Domestic Products (GDP) is a measure of the production levels of any nation.

Basically, the four (4) major expenditure categories of GDP are;

I. Consumption (C).

II. Investment (I).

III. Government purchases (G).

IV. Net exports (N).

Additionally, it is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

In measuring GDP as the sum of all incomes earned in production, we should include wages and salaries of the people working in a particular country.


Related Questions

True or false: Regulations prohibit insider trading. It is illegal for anyone to transact in securities to profit from inside information, that is, private information held by officers, directors, or major stockholders that has not yet been divulged to the public. True false question. True False

Answers

Answer:

the answer for this would be true

The net income reported on the income statement for the current year was $240,000. Depreciation was $50,000. Accounts receivable decreased by $10,000 and inventories decreased by $30,000. Prepaid expenses increased by $1,000 and accounts payable increased by $8,000. How much cash was provided by operating activities? Select one: a. $337,000. b. $329,000. c. $301,000. d. $321,000.

Answers

Answer:

a. $337,000

Explanation:

Calculation to determine How much cash was provided by operating activities

Using this formula

Cash provided by Operating activities=Net income+Depreciation+Account receivable+Inventories decreased -Prepaid expenses+Accounts payable increased

Let plug in the formula

Cash provided by Operating activities=$240,000 + $50,000 + $10,000 + $30,000 - $1,000 + $8,000

Cash provided by Operating activities=$337,000

Therefore the cash provided by operating activities was $337,000

The strategy that schedules processes based on their group affiliation is generally referred to as _________ . Select one: a. simulation modeling b. queuing analysis c. shortest process next d. fair share scheduling

Answers

Answer:

D. Fair share scheduling.

John and Diana have been married for several years and share a goal of owning a 2nd home on the New Jersey shore in 8 years. They decide to review their financial expenditures monthly to evaluate steps they can take to better save their earnings. Which step of personal financial goals are they most in

Answers

Answer:

Step 5: Implementation and review of the financial plan

Explanation:

Considering the situation described above, the step of personal financial goals in which John and Diana are most in is "Implementation and review of the financial plan"

This is based on the fact that step of personal financial goals is:

1. Establishing and deciding your financial objectives and goals

2. Compiling your financial and personal information

3. Analysing your financial and personal information

4. Advancement and presentation of the financial plan

5. Implementation and review of the financial plan: this stage usually involves the process of income and expenditure adjustments.

Hence, when John and Diana decide to review their financial expenditures monthly to evaluate steps they can take to better save their earnings, they are in step 5 of personal financial goals, which is Implementation and review of the financial plan

Keys, Inc. purchased 100 shares of its own common stock for $10 per share. The stock is now classified as ______ stock, a contra equity account, reported on the statement of stockholder's equity. Multiple choice question. convertible treasury callable preferred g

Answers

Answer:

treasury

Explanation:

Treasury shares are shares that have been issued and later repurchased by the company. They decrease the total number of shares outstanding .

Treasury shares are not used to calculate earnings per share

treasury shares do not have voting rights

Treasury stock is a contra equity account recorded in the shareholder's equity

Outstanding stock of the Cheyenne Corporation included 37000 shares of $5 par common stock and 11500 shares of 5%, $10 par non-cumulative preferred stock. In 2019, Cheyenne declared and paid dividends of $3700. In 2020, Cheyenne declared and paid dividends of $18500. How much of the 2020 dividend was distributed to preferred shareholders

Answers

Answer:

$5,750

Explanation:

Calculation to determine How much of the 2020 dividend was distributed to preferred shareholders

Dividend distributed to preferred shareholders=11500 shares *$10 par non-cumulative preferred stock*5%

Dividend distributed to preferred shareholders=$5,750

Therefore Dividend distributed to preferred shareholders is $5,750

What do all trades have in common

Answers

Answer:

profit

Explanation:

profit can be a answer

Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct material usage is: Direct materials used $ 100,000 Direct labor used 173,000 Predetermined overhead rate (based on direct labor) 160 % Goods transferred to finished goods 445,000 Cost of goods sold 457,000 Credit sales

Answers

Answer and Explanation:

The journal entry is given below:

Work in process inventory Dr $100,000

   To raw material inventory $100,000

(being the usage of the direct material is recorded)

here the work in process is debited as it increased the assets and credited the raw material inventory as it decreased the assets

What are the qualifications to become a primary teacher and a secondary? Write them.​

Answers

Answer:

The eligibility requirement for a Primary Teacher in a Government School is Senior Secondary School certificate or Intermediate or its equivalent, and Bachelor of Elementary Education (B. El. Ed.), or Diploma or certificate in basic teachers' training of not less than two years duration.

Hamill Company purchased equipment on January 3rd, 2022, for $70,000. The equipment is expected to be used for four years and 12,000 hours (4,000 hours in the first year, 3,000 hours in year 2, and 2,500 per year for each of the last two years). Hamill hopes to sell the asset for $5,000 at the end of its useful life. Using the double-declining-balance method of depreciation, what amount of depreciation expense will Hamill report on the income statement for the year ended December 31st, 2022

Answers

Answer:

Annual depreciation= $32,500

Explanation:

Giving the following information:

Purchase price= $70,000

Salvage value= $5,000

Useful life= 4 years

To calculate the annual depreciation under the double-declining-balance method, we need to use the following formula:

Annual depreciation= 2*[(book value)/estimated life (years)]

2022:

Annual depreciation= 2*[(70,000 - 5,000) / 4]

Annual depreciation= $32,500

1) Companies must consider four special service characteristics when designing service marketing programs. Discuss a recent service experience using the four characteristics.

Answers

Answer: Intangibility, inseparability, variability, and perishability

Explanation:

What makes your business stand out is what you do differently from the rest. In the business world, virtually everyone is doing the same thing, and at the end of the day fight over same customers, but have a unique selling point helps your business stand out. This unique selling poi t is what drives your marketing strategy, which should be Intangibility, inseparability, variability, and perishability. Your unique selling point is made very loud in your message, telling people why they need to use you. An example is Coca-Cola, they've been in the market for a long while, selling their business and creating that message in people's mind that they are exceptional.

Ricky is working for Matt, a buyer client, who is interested in a property at which the listing agent offers compensation to cooperating agents. The listing agent has offered Ricky or any cooperating agent additional compensation if the transaction closes within 40 days. Is this ethical

Answers

This is ethical ......

MC Qu. 05 Within the marketing concept, a service... Within the marketing concept, a service orientation is an integrated organizational effort that revolves around Multiple Choice finding out what consumers want and providing it for them. making goods and services that will earn the most profit. training employees to sell services in unique ways. making sure customers are satisfied.

Answers

Answer:

making sure customers are satisfied.

Explanation:

A service can be defined as a collection of intangible goods that are being offered by a service provider to the end user in order to meet their needs or requirements. Thus, it is any intangible offering that involves a deed, performance, or effort that cannot be physically possessed by the service takers.

Marketing can be defined as the process of developing promotional techniques and sales strategies by a business firm, so as to enhance the availability of goods and services to meet the unending requirements, needs or wants of the end users or consumers through advertising and market research. Thus, it comprises all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers.

On a related note, it typically involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

Within the marketing concept, a service orientation is an integrated organizational effort that revolves around making sure customers are satisfied.

What is Sheil , ????​

Answers

Answer:

1. a pasture or grazing ground. 2. a shepherd's or herdsman's hut or rough shelter on or near a grazing ground. Also: shealing, shiel.

Explanation:

PLS HELPPP!!! FASTTT!!! A firm has three different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option C will give the firm $30 million at the end of one year, and nothing thereafter. Which of these options has the highest present value?

a. Option A
b. Option B
c. Option C
d. The answer depends on the rate of interest, which is not specified here.

Answers

Answer:

i would say d

Explanation:

Why is the Form W-2 needed in order to file a tax return?

Answers

Answer:

The IRS requires employers to report wage and salary information for employees on Form W-2. Your W-2 also reports the amount of federal, state and other taxes withheld from your paycheck.

Helpful link:

https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-a-w-2-form/L6VJbqWl5#:~:text=The%20IRS%20requires%20employers%20to,when%20preparing%20your%20tax%20return.

Angie needs a new dishwasher. She saw a great sale on the model she wanted and went down to her local appliance store. When she got there, the store owner said that they no longer had that dishwasher, but they would be happy to sell her a different model at a higher price. Why might the Federal Trade Commission be willing to look into this?

A.
It is false advertising.

B.
It is creating an invalid debt.

C.
It is preventing fair competition.

D.
It is an improper debt collection.

Answers

Answer:

A. It is false advertising.

Explanation:

Advertisement refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers.

The Federal Trade Commission (FTC) is an agency of the government of the United States of America saddled with the responsibility of promoting consumer protection and the enforcement of all civil antitrust laws.

Basically, the laws formulated or established by the FTC are to provide protection for consumers of various goods and services while requiring that businesses do not make false claims about them.

Furthermore, the consumer protection laws enforceable by the Federal Trade Commission (FTC) guarantees truthful information in the marketplace at all times. This is achieved by requiring that business firms only make claims about their products and services that can be proven.

In this scenario, the Federal Trade Commission might be willing to look into this issue (advert of the dishwasher model) because it is false advertising.

If the government uses a quota to restrict imports of​ foreign-made shoes into the​ U.S., A. the price of shoes in the U.S. will​ increase, and U.S. firms will produce fewer shoes. B. the price of shoes in the U.S. will​ decrease, and U.S. firms will produce more shoes. C. the price of shoes in the U.S. will​ increase, and U.S. firms will produce more shoes. D. the price of shoes in the U.S. will​ decrease, and U.S. firms will produce fewer shoes.

Answers

Answer:

c

Explanation:

A quota occurs when the government or an agency of the government limits the quantity of goods that can be imported or exported in a country.

A quota increases the price of goods and services if the quota is enacted by the importing country. This would lead to an increase in producer surplus and a reduction in consumer surplus.

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product

according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

Producer surplus = price – least price the seller is willing to accept

The increase in price as a result of the quota would lead to an increase in the quantity of the product been supplied. This is in line with the law of supply

Choose the correct sentence. A. Influences of expectations and the constant arrival of news about the influences on supply and​ demand, make​ day-to-day and​ week-to-week changes in the exchange rate difficult to predict. B. Changes in the interest rate​ differential, which generally change the demand for U.S. dollars in the foreign exchange market by more than the​ supply, are difficult to predict because it requires predicting changes in foreign interest rates. C. A movement away from interest rate parity sometimes influences traders to act and sometimes does​ not, and it is difficult to know when traders will react. D. Changes in the expected future exchange rate generally change the supply of U.S. dollars in the foreign exchange market by more than the​ demand, but it is impossible to know by how much.

Answers

Answer: A. Influences of expectations and the constant arrival of news about the influences on supply and​ demand, make​ day-to-day and​ week-to-week changes in the exchange rate difficult to predict.

Explanation:

Question is what makes exchange rates difficult to predict?

The Learner Company uses the weighted average method. Learner's beginning work in process consists of 6,600 units (100% complete with respect to materials and 60% complete with respect to conversion costs). The number of units completed during the period is 126,000. The ending work in process consists of 10,500 units (100% complete with respect to materials and 30% complete with respect to conversion costs). What are the equivalent units of production with respect to conversion costs

Answers

Answer: 129150

Explanation:

Based on the information given in the question, the equivalent units of production with respect to conversion cost will be calculated thus:

Equivalent Units = Units Completed + Units in EWIP × Fraction of conversion cost

= 126,000 + (10,500 × 0.30)

= 126,000 + 3150

= 129,150 units

Therefore, the equivalent units of production with respect to conversion costs is 129150 units

Two unrelated individuals, John and Tom, own all the stock of Regal Corporation, which has earnings and profits of $400,000. Because of the inactivity of the business for the last several years, Tom has decided to retire from the business and move to Alaska. Accordingly, Regal Corporation will redeem all the stock owned by Tom and, in return, Tom will receive a distribution of $500,000. Tom's adjusted basis in the stock is $250,000. What will be the tax effect to Tom

Answers

Answer:

Capital gain of $250,000

Explanation:

Calculation to determine What will be the tax effect to Tom

Redemption proceeds $500,000

Less Adjusted basis in the stock ($250,000)

Capital gain $250,000

($500,000-$250,000)

Therefore the tax effect to Tom will be CAPITAL GAIN of $250,000

Oficina Bonita Company manufactures office furniture. An unfinished desk is produced for $37.65 and sold for $65.35. A finished desk can be sold for $74.50. The additional processing cost to complete the finished desk is $6.60. Prepare a differential analysis. Round your answers to two decimal places.

Answers

Answer:

Alternative 1 $27.7

Alternative 2 $30.25

Differential effects $2.55

Explanation:

Preparation of a differential analysis

DIFFERENTIAL ANALYSIS

Sell unfinished desks(Alternative 1 ) Process further into finished desks (Alternative 2) Differential effect (Alternative 2)

Revenue per desk $65.35 $74.50 $9.15

($74.50-$65.35=$9.15)

Cost per desk - $37.65 -$44.25 -$6.60

($37.65+$6.60=$44.25)

Profit /Loss per desk $27.7 $30.25 $2.55

($65.35 - $37.65=$27.7)

($74.50-$44.25=$30.25)

($9.15-$6.60=$2.55)

Therefore the company should process further and sell finished desks because it yields incremental Profit per desk.

What increases your total loan balance Interest Accrual Interest capitalism Both interest accrual interest capitalism None of the above

Answers

Answer:

Both interest accrual and interest capitalism

Explanation:

The total loan balance increases due to "Both interest accrual and interest capitalism"

This is because INTEREST ACCRUAL on a loan is capitalized, which implies that it will be added to the principal balance, therefore increasing the total loan balance.

Similarly, the INTEREST CAPITALISM occurred when a loan repayment period is missed, therefore, the amount missed is capitalized which in turn increases the total loan balance.

Answer: both

Explanation:

Regional Lumber Company and Superior Builders Corporation enter into a contract for a sale of wood products. Regional, a merchant who deals in goods of the kind sold, makes implied and express warranties in connection with the sale. Under the UCC, if these are inconsistent:

Answers

Answer:

Hence answer is the implied warranty of fitness for a specific purpose takes precedence.

Explanation:    

There are two sorts of warranties that are implied and express warranty provided by the vendor to the customer. An express warranty may be a warranty that's clearly stated either verbally or in writing but an implied warranty automatically covers most commodities valued over a particular amount but provides a base level of protection for consumers.

Most consumer products are protected by the implied warranty that ensures that the merchandise will work as per its claims.

Under the Uniform commercial code (UCC) when both express and implied warranties are inconsistent, the implied warranty of fitness for a specific purpose takes precedence.  

Sometimes events on Salesforce need to be handled by an external system due to the scale or type of process being executed. Consider the use case of a user in Salesforce needing to get pricing for an order they are building in Salesforce while on the phone with a customer. The pricing logic already exists in a third-party system. Instead of creating this logic in Salesforce, it will be leveraged by making a request of the third-party system. The response, in this case the pricing, will be returned and stored back in Salesforce. What is the optimal solution

Answers

Answer:

A trigger that upon saving

customer order, will make a real time callout saving the pricing back in Salesforce

Explanation:

Salesforce a software that is used to organise customer interactions in such a way that transactions between the company and customer is effectively managed by the software.

In the given scenario pricing needs to be handled by an external system. The response will be returned and stored back in Salesforce.

Instead of doing this manually the best solution will be to have an trigger that starts a real-time callout, saving the pricing back in the salesforce.

An trigger allows one to perform customised actions before or after an event. The action can be an update or deletion.

I REALLY NEED HELP
which of the following is written order directing a banker to a pay a specified amount of money to the payee
A.a bank statement
B.a cheque
C.a pay slip
D.an invoice​

Answers

The answer is B - a cheque.

The marginal cost curve: (1pts) Question 14 - The marginal cost curve: Select d) Is always constant as your answer d) Is always constant Select b) Is equal to the average variable cost curve as your answer b) Is equal to the average variable cost curve Select a) Declines initially as output increases and rises with further increases in output as your answer a) Declines initially as output increases and rises with further increases in output Select c) Rises initially as output increases and declines with further increases in output as your answer c) Rises initially as output increases and declines with further increases in output

Answers

Answer:

a) Declines initially as output increases and rises with further increases in output

Explanation:

Marginal cost can be defined as the additional or extra cost that is being incurred by a company as a result of the production of an additional unit of a product or service.

Generally, marginal cost can be calculated by dividing the change in production costs by the change in level of output or quantity.

On a related note, marginal cost curve is the change in total cost (TC) divided by a change in quantity of output.

The marginal cost curve declines initially as output of a business firm increases and rises with further increases in output.

When we say that a firm is a price taker, we are indicating that the Group of answer choices firm takes the price established in the market then tries to increase that price through advertising. firm can change output levels without having any significant effect on price. demand curve faced by the firm is perfectly inelastic. firm will have to take a lower price if it wants to increase the number of units that it sells.

Answers

Answer:

firm can change output levels without having any significant effect on price.

Explanation:

In the case when we say that the firm is a price taker that means the firm has the power to change the level of an output but this does not have any kind of impact on the price. They accepted the price for the prevailing market and each unit could be sold at the similar market price. It could impact the market price also they enjoy the pricing power

Therefore the above statement should be considered

Sun Smarts Solar installs solar panels in large newly constructed buildings. The company employs several expert installers who work on a full-time basis. Although the installation team works every day, the company pays them at the end of the month, for the previous month's work. Employee salaries are recorded as __________ on Sun Smarts's balance sheet.
A. capital cash flows
B. current liabilities
C. retained earnings
D. long-term liabilities

Answers

Answer:

Sun Smarts Solar installs solar panels in large newly constructed buildings. The company employs several expert installers who work on a full-time basis. Although the installation team works every day, the company pays them at the end of the month, for the previous month's work. Employee salaries are recorded as long-term liabilities on Sun Smarts's balance sheet.

Sun Smarts Solar company paid the salaries to their employees at the end of the next month, then the salary of the employees recorded as current liabilities on Sun Smarts's balance sheet.

What are the current liabilities?

Current liabilities are defined as any business liabilities that must be settled in cash during the fiscal year or the operating cycle of a company, whichever term is longer.

In the above case, the Sun Smarts Solar record the salaries of their employees on the balance sheet as the current liabilities, as these salaries will settle in cash within the operating cycle.

Therefore, option B is correct.

Learn more about the current liabilities, refer to:

https://brainly.com/question/14287268

Concord Company sells merchandise on account for $3300 to Pharoah Company with credit terms of 1/10, n/30. Pharoah Company returns $800 of merchandise that was damaged, along with a check to settle the account within the discount period. What entry does Concord Company make upon receipt of the check

Answers

Answer:

Dr Cash $825

Cr Sales Returns and Allowances $800

Cr Sales Discounts $25

Explanation:

Preparation of the journal entry that Concord Company make upon receipt of the check

Dr Cash $825

($800+$25)

Cr Sales Returns and Allowances $800

Cr Sales Discounts $25

(To record receipt of the check)

Sales discount=(Sales Price -Sales return) × 1%

Sales discount=($3300 - $800) × 1% = $25

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It takes 3 identical water pumps 8 hours to fill a pool. How long would it take 4 ofthese same pumps to fill the pool? URGENT 100 POINTS AND BRAINIEST!!!!!!Question 4 (Essay Worth 10 points)(02.05 HC)The linear functions f(x) and g(x) are represented on the graph, where g(x) is a transformation of f(x):A graph with two linear functions; f of x passes through 5, 0 and 10, 10, and g of x passes through negative 3, 0 and 2, 10.Part A: Describe two types of transformations that can be used to transform f(x) to g(x). (2 points)Part B: Solve for k in each type of transformation. (4 points)Part C: Write an equation for each type of transformation that can be used to transform f(x) to g(x). (4 points) List the sides of the triangle in order from largest to smallest. Carter Production, Inc.'s required production for the first six month of the year is as follows. Month Required Production January 50,000 February 70,000 March 85,000 April 105,000 May 110,000 June 120,000 Each unit requires two pounds of material. Given a desired ending inventory of 20% of next month's production needs, the pounds of material to be purchased in April is: Multiple choice question. whats the perimeter and area of this shape? What are two examples of what cultural information might be useful in specific support staff positions Plz help me find x and y on these triangles The manager of the bank where you work tells you that your bank has $6 million in excess reserves. She also tells you that the bank has $400 million in deposits and $362 million in loans. Given this information you find that the reserve requirement must be What was that problem faced by the Filipino pupils in the primary education during Rizal's time and before his time? one sentence only n rectangle ABCD, point E lies half way between sides AB and CD and halfway between sides AD and BC. If AB=3 and BC=11, what is the area of the shaded region? Write your answer as a decimal, if necessary. Do not include units in your answer. It is believed that the ratio of cyclic electron transport to Z-scheme photosynthesis changes in response to metabolic demands. If a plant were actively engaged in a large amount of reductive biosynthesis, requiring NADPH, how would it alter these processes compared to a plant just performing the Calvin cycle to produce glucose In paragraph form (automatic 1-pt deduction if not), explain the evolutionary benefits of sexual reproduction as a means of increasing variation. Be sure to include (a) at least two ways in which sexual reproduction impacts genotype (i.e. genetic effects), and (b) two ways in which sexual reproduction may affect phenotype (i.e. trait effects). Whatis the value of In e^4 If you were the leader in a group and one of your group-mates told you, I feel like we are stuck, and I dont know what to do, what could be a question you could ask to guide him or her to figuring out an independent way to tackle that obstacle?two or more questions you would ask Underline the content words in the following sentence :"They're going to watch the news at seven o'clock" The sum of two numbers is -17. Their difference is 41. Find the numbers JPL Company has two segments - Retail and Commercial. The Retail segment has a contribution margin ratio of 40% and traceable fixed expenses of $70,000. Commercial has traceable fixed expenses of $50,000 and a contribution margin ratio of 55%. The company also has $30,000 of common fixed expenses. The break-even point in dollar sales for the Retail segment equals: Multiple choice question. $212,500 $116,667 $175,000 $250,000 Find the value of x-8 when x=16. Which best describes the relationship between the line that passes through the points (6, -1) and (11, 2) and the line that passes through thepoints (5-7) and (8-2)? A strontium vapor laser beam is reflected from the surface of a CD onto a wall. The brightest spot is the reflected beam at an angle equal to the angle of incidence. However, fringes are also observed. If the wall is 1.2 m from the CD, and the second bright fringe is 0.803 m from the central maximum, what is the spacing (in m) of grooves on the CD