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SOVA2 [1]
2 years ago
12

National income and product data are generally revised. what effects would the following revisions have on consumption, investme

nt, government purchases, net exports, and gdp?
Business
1 answer:
Flauer [41]2 years ago
8 0

The effects are:

1) There will be a $24 million boost in GDP and consumption.

2) Net exports will decrease by $29 000 while consumption rises by $29 000. GDP stays the same.

3) The GDP and investment will both rise by $12.43 million.

2) Net exports will fall by $23.12 million, while investment rises by that same amount. GDP stays the same.

Complete Question: National income and product data are generally revised. What effects would the following revisions have on consumption, investment, government purchases, net exports, and GDP?

1.) It is discovered that consumers bought $24 million more laptops than previously thought. The computers were manufactured in California.

2.) It is discovered that consumers bought $29 thousand more laptops than previously thought. The computers were manufactured in China.

3.) It is discovered that businesses bought $12.43 million more laptops than previously thought. The computers were manufactured in California.

4.) It is discovered that businesses bought $23.12 million in more laptops than previously thought. The computers were manufactured in China.

National Income: The whole of a country's current production income, comprising interest, rental income, business after-tax profits, and employee remuneration, is known as National Income.

To learn more about National Income, visit the following link:

brainly.com/question/20519015

#SPJ4

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Dakota Company had net sales (at retail) of $260,000.
disa [49]

Answer:

$35,860  

Explanation:

The computation of the ending inventory using the retail inventory method is shown below

Particulars                      Cost          Retail

Opening Inventory(A)   $63,800    $128,400

Purchases(B)                 $115,060    $196,800

Goods available

C=(A-B)                         $178,860     $325,200

Cost ratio

($178,860 ÷ $325,200 × 100) 55%  

Sales at retail (D)                            $260,000

End, Inventory at Retail                     $65,200

($325,200 - $260,000)

End, Inventory at Cost    $35,860  

($65,200 × 55%)

8 0
3 years ago
Which of the following in not an example for safeguarding inventory? Group of answer choices Matching receiving documents, purch
Tomtit [17]

Answer:

returning inventory that is defective or broken

Explanation:

Inventory reffered to as set of finished goods/ products as well as other goods that are used in production. It is regarded as current asset on the balance sheet of a company. Inventory safeguarding is very essential in a company to keep them safe, there are some ways in which this can be done.

With the aid of technology such as security cameras which can record any form of theft, door alarms and others can protect inventory from both external/internal threats. Some of thers common examples for safeguarding inventory are;

✓storing inventory in restricted areas

✓physical devices such as two-way mirrors, cameras, and alarms

✓matching receiving documents, purhcase orders, and vendor's invoice

3 0
2 years ago
The annual percentage rate on a credit card determines _______.
adell [148]
The amount of interest you are charged on credit card purchases
5 0
3 years ago
What is a good reason to contribute to a 401(k) retirement account?
kykrilka [37]

Answer:

The money in the 401(k) account is not taxed until withdrawn.

Explanation:

A 401 (k) can be defined as a type of compensation (savings) plan that is being sponsored by a business firm or company (employer) to avail its employees the opportunity to contribute into. As a company-sponsored and defined-contribution retirement savings plan, it offers tax advantages to the employees because it reduces their income tax for the particular year while taxing their withdrawals.

A good reason to contribute to a 401 (k) retirement account is that, the money in the 401 (k) account is not taxed until withdrawn. Thus, the money contributed by an employee to a 401 (k) will maintain its tax-deferred status until  he or she withdraws it.

For example, a 401 (k) would be the best retirement savings option for a 50-year old medical doctor whose employer offers a 5% contribution match.

4 0
3 years ago
What's the term for the illegal practice of nudging buyers away from or toward a specific area based on the presence or absence
worty [1.4K]

Answer: steering

Explanation:

Steering is an illegal practice whereby people that are looking for homes are channeled towards particular areas based on their social status or race.

In such scenarios, the choice of the person looking for a home is being influenced by the person's gender, color, race, status, religion, disability, or national origin.

5 0
3 years ago
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