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1 year ago

Martin, a u.s. citizen, travels to mexico and buys a newly manufactured motorcycle made there. his purchase is included in?

1 answer:

6 0

Martin, a US. citizen travels to Mexico and buys a newly manufactured motorcycle made there. his purchase is included in both Mexican GDP and U.S. GDP.

This is further explained below.

Generally, The gross domestic product (GDP) of a nation is a monetary measurement that is based on the market value of all of the final products and services that are produced in that nation during a certain time period.

Before being regarded as a trustworthy indication, this measure often undergoes revision because of the complexity and subjectivity inherent in its design.

In conclusion, Martin, a resident of the United States, makes a trip to Mexico in order to purchase a motorbike that was only just produced in that country. His purchase is accounted for in both the GDP of Mexico and the GDP of the United States.

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3 years ago

Pennsylvania Company supplied the following information:

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Answer:

$12,620

Explanation:

Cost of Direct materials of Job 99 = $70 x 100 = $7,000

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2 years ago

"Hilary is working for a consulting firm making $60,000 per year but considers starting her own consulting company. Hilary has d

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Answer:

1. Total implicit cost per year = $66,000

2. Total cost per year = $337,000

Explanation:

Given:

Salary = $60,000

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Rent = $75,000

Wages = $190,000

Materials and utilities = $6,000

Rate of return = 6%

Computation:

1. Total implicit cost per year:

Total implicit cost per year = Salary give up + Return on investment

Total implicit cost per year = $60,000 + ($100,000 x 6%)

Total implicit cost per year = $60,000 + $6,000

Total implicit cost per year = $66,000

2. Total cost per year:

Total cost per year = Total implicit cost per year + Rent + Wages + Materials and utilities

Total cost per year = $66,000 + $75,000 + $190,000 + $6,000

Total cost per year = $337,000

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3 years ago

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<u>Answer:</u>

Mid - Range

<u>Explanation:</u>

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3 years ago

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ArbitrLikvidat [17]

Answer:

false

Explanation:

because in any job you will be expected to work with others.

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3 years ago