Answer:
understanding the marketplace, consumer needs, and consumer wants
Answer:
1) The GDP deflator for this year is calculated by dividing the - (B) Value of all goods and services produced in the economy this year - using - (B) this year's prices - by the - A) Value of all goods and services produced in the economy in the base year - using - (A) the base year's prices
To calculate the GDP deflator, we divide the nominal GDP for the selected year, by the Real GDP of the base year, and we multiply the result by one hundred.
2) The CPI reflects only the prices of all goods and services - (B)bought by consumers
The CPI is a measure of the change in price of a selected basket of goods and services, usually those goods and services that consumers buy the most, whether they are produced domestically or not.
3) Which does an increase in the price of a Chinese-made car that is popular among U.S. consumers show up in? - (b) CPI
As explained above, the CPI measures the price of goods and services that are commonly bought by consumers. It does not matter if the good is produced in the U.S. or China.
4) Which does a decrease in the price of a Treewood Equipment feller buncher, which is a commercial forestry machine that cuts and stacks trees show up in? - (a) GDP Deflator
It shows up in the GDP Deflator because the good is not a common good purchased by consumers. It is a good only consumed by those involved in the tree cutting business.
Answer:
a. income after taxes - consumption.
Explanation:
Private savings is the amount that is saved in a household. The salary earners in a household usually get their income(salary or wages) in which a percentage is removed as tax. The remainder of the money is used to finance the home.
The private savings is simply gotten by income tax minus the consumption.
Answer:
The invention balance sheet as at 31 December is $923,000
Explanation:
In this question, we are asked to calculate the amount of money Beck company will report in its balance sheet as of December 31st.
To do this, we simply employ a mathematical approach.
Mathematically, the amount of inventory recorded by Beck company on its balance sheet as of December 31st would be;
Inventory in stores + Goods in consignment + Good in transit F.o.b shipping point
We identify these values as follows;
Inventory in stores = $740,000
Goods in transit f.o.b shipping point = $108,000
Goods in consignment = $75,000
The amount of inventory Beck company should record will be; $740,000 + $108,000 + $75,000 = $923,000
Answer:
Knowledge worker
Explanation:
Knowledge worker indicates the specification in a particular field. It also refers that when a person does a specific task, shows the speciality in it.
Therefore according to the given scenario Asian countries is affecting with a virus and a pharmaceutical company want to create a drug with the help of scientists who already research on the virus. Here, the company will use their expertise so that they can create the drug which indicates the knowledge worker.
