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stealth61 [152]
2 years ago
11

In 2 or 3 sentences, explain the trend in consumption, investments, and gross domestic product. are these areas generally increa

sing or decreasing during these quarters? in 1or 2 sentences, explain if these trends show that expansionary monetary policy was effective beginning in 2010.
Business
1 answer:
Anastaziya [24]2 years ago
7 0

GDP are these areas generally increasing or decreasing during these quarters.

GDP: Therefore, GDP is defined by the following formula. It is shortened as GDP = consumption + investment + government spending + net exports, or GDP = C + I + G + NX. Here, consumption (C) represents the household's personal consumption expenditure. Non-profit group investment (I) refers to project costs.

Investment: The act or process of investing money for profit or significant consequences.

Investment is a dynamic component of gross domestic product (GDP) and is the only factor that enables increased domestic production and thus increased employment. It affects consumer and government spending, the latter through increased tax revenues quarters.

GDP measures the total market value (total) of all goods and services (products) produced in the United States (domestic) in a particular year. Compared to the previous period, GDP indicates whether the economy is expanding, producing more goods and services, shrinking, or producing less.

Learn more about domestic products at

brainly.com/question/1383956

#SPJ1

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Prepare a multiple-step income statement for Surry Co. from the following data for the year ended December 31, 2016. Sales $915,
gavmur [86]

Answer:

                                          Surry Co.

Income Statement for the year ended December 31, 2016

Sales                                                                      $915000

Less Cost of Merchandise Sold                           $670000

Gross Profit                                                            $245000

<u>LESS OPERATING INCOME</u>

<u><em>Selling Expenses</em></u>

Customer Refunds and allowances   $  55000

Selling expenses                                 $ 120000  $175000

<u><em>Administrative Expenses</em></u>

Administrative expenses                     $ 30000   $30000

Total Operating expenses                                   $205000

Operating Income                                                 $ 40000

<u>NON-OPERATING INCOME</u>

Interest Expense                                 ($12000)    

Rent Revenue                                      $19000  

Total Non-operating Income                                 $  7000

Net Income                                                             $47000

Explanation:

A multiple-step Income Statement separate Operating Revenues and Operating Expenses from Non-Operating Revenues and Non-Operating Expense.

6 0
3 years ago
Chance, Inc. sold 5,000 units of its product at a price of $172 per unit. Total variable cost per unit is $131, consisting of $9
madam [21]

Answer:

$400,000

Explanation:

Computation for the manufacturing margin for the company under variable costing

Using this formula

Manufacturing margin= Sales - Total variable production cost

Let plug in the formula

Manufacturing margin=( 5,000*$172)- (5,000*$92)

Manufacturing margin=$860,000-$460,000

Manufacturing margin= $400,000

Therefore the manufacturing margin for the company under variable costing is $400,000

7 0
3 years ago
Which of the following statements regarding cash equivalents is​ INCORRECT? A. Most companies include additional information abo
zhannawk [14.2K]

Answer:

B. Because cash equivalents are less liquid than​ cash, they must be reported separately from the Cash account

Explanation:

The <em><u>combined amount of cash and cash equivalents</u></em> will be reported on the balance sheet as the first line item in the section with the heading current assets.

These cash equivalents are short-term, highly liquid investments with a maturity date that was 3 months or less at the time of purchase.

In other words, there is very little risk of collecting the full amount being reported.

8 0
3 years ago
Crow earned $585.15 during the week ended March 1, 20--. Prior to payday, Crow had cumulative gross earnings of $4,733.20. Round
hram777 [196]

Answer:

A. $36.28

B. $8.48

Explanation:

a. Calculation for the amount of OASDI taxes to withhold from Crow's pay

OASDI taxes is 6.2%

Hence,

OASDI taxes to withhold = 585.15*0.62

OASDI taxes to withhold = $36.28

Therefore the OASDI taxes to withhold from Crow's pay is $36.28

b. Calculation for the amount of HI taxes to withhold from Crow's pay

HI taxes is 1.45%

Hence,

HI taxes to withhold =585.15*0.0145

HI taxes to withhold=$8.48

Therefore HI taxes to withhold from Crow's pay is $8.48

6 0
3 years ago
Suppose that the quantity of labor demanded decreases by​ 80,000 at each wage level. What are the new free market equilibrium ho
Pie

Answer:

D) wage = $8.50 and quantity = 550,000

Explanation:

hourly wage      labor supplied     labor demanded      -80,000

$7.50                530,000            650,000          570,000

<u>$8.50</u>               <u> 550,000</u>            630,000          <u>550,000</u>

$9.50                570,000             610,000          530,000

$10.50                590,000            590,000          510,000

$11.50                 610,000            570,000          490,000

$12.50                630,000            550,000          470,000

The equilibrium quantity is the point where the labor supplied and the labor demanded intersect, and in this case that point is located at 550,000 units of labor at a price (wage) of $8.50 per labor hour.

7 0
3 years ago
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