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GalinKa [24]
2 years ago
12

An example of consumer spending when calculating the GDP using the expenditures approach is _____.

Business
1 answer:
fredd [130]2 years ago
5 0

purchase of weapons for the military

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In the trial balance, all the accounts with debit balances are listed before the accounts with credit balances.
Jet001 [13]

Answer:

False

Explanation:

The trial balance is prepared at the end of a counting period after all the accounts have been closed. The trial balance captures all the debits on one side and credits on the other. If the trial balance does not balance, it signifies errors in the general ledger. A balanced trial balance does not guarantee the absence of errors.

In preparing a trial balance, accountants usually follow the order of accounts as they follow each other as per the general ledger.  It is not a requirement that either debits or credits come first.

3 0
2 years ago
A first saving account pays 5% compounded annually. A second saving account pays 5% compounded continuously. Which of the two in
Marysya12 [62]
The account that’s compounded continuously is the better investment long-term because you accrue interest on top of interest on a daily basis which grows exponentially.
3 0
2 years ago
A developer purchased three oceanfront lots, each measuring 75 by 110 feet, for $20 per square foot. The developer later sold th
AleksAgata [21]

Answer: 21%

Explanation: The developer purchased 3 properties and he can buy each property for $20 per square foot.

Therefore: 75 × 110 =8250 square feet.

8250 × $20 = $165 000 per lot.

Each lot was sold for $200 000. Which means the developer made profits of:

$200 000 - $165 000 = $35 000 per lot.

The percentage of profit on each lot is:

Percentage of profit on cost amount:

= \frac{35 000}{165 000}

= 0.2121212 recurring × 100

= 21,21%

Percentage of profit on sale amount:

= \frac{35000}{200000}

= 0.175 × 100

= 17,5%

3 0
3 years ago
What is the effect on market when suppliers under invest in their businesses​
yanalaym [24]

Answer:

  • Low supply
  • Scarcity
  • Low economic growth

Explanation:

When suppliers under invest in their business, they will end up having the capacity to only produce less than the market requires. Should this happen, supply will be reduced in the market which would lead to relative scarcity all else being equal.

For economic growth to happen, there must be increasing production in an economy so if suppliers are under investing and production is low, there might be low or no economic growth.

8 0
2 years ago
Gabrielle does not want to work a nine-to-five job. Still, she has to work to support herself. She accepts a job as a restaurant
iren2701 [21]

Answer:

<em>Gabrielle's economic decisions best relate to broad economic goals by still having a job during the evening and still pursuing on doing artistic projects..</em>

7 0
2 years ago
Read 2 more answers
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