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rjkz [21]
10 months ago
10

dale is a stay-at-home-parent whose typical day consists of getting the kids ready for school, doing the laundry, cooking three

meals, and cleaning the house. how are dale's home activities counted in gdp?
Business
1 answer:
Anna11 [10]10 months ago
8 0

Dale's home activities will not be counted in GDP.

<h3>What is GDP or Gross Domestic Product?</h3>

Gross Domestic Product is described as the total market value or the total value in terms of money for all the services and goods that have been manufactured within a nation or a country. It is important to mention that the Gross Domestic Product provides an overall idea of the economic health of a country, and the domestic production carried out in it.

Dale mainly stays at home and his work generally revolves around getting the kids to school, cooking, doing the laundry, and cleaning the house. All these activities do not contribute to the Gross Domestic Product of the country. Hence, such activities will not be considered.

It can be concluded that Dale's home activities will not be counted in GDP.

To know more about Gross Domestic Product, check this link:

brainly.com/question/1383956

#SPJ4

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Why are products made in Third World Countries cheaper than goods made in the US?
Lostsunrise [7]

Answer:

Demand in developing countries is lower and so the price is set lower to match the capacity to pay (such as pharmaceuticals). Locally produced goods, especially the outputs of primary production are generally inexpensive and often will be cheaper in developing countries e.g. bananas.

6 0
3 years ago
If a corporation issued 25,000 shares of $1.00 par common stock for $2.85 per share. The appropriate journal entry for the IPO i
Vika [28.1K]

Answer:

The correct answer is Option D.

Explanation:

Common stock is a share issued by a company to the public. The public enjoy dividend on their common stock when the company pays dividends.

Based on the question, the par value of the common stock is 25,000 shares x $1.00 = $25,000 while the total cash collected by the company would be 25,000 shares x $2.85 = $71,250 and the appropriate entries will be:

Debit Cash $71,250

Credit Additional Paid in Capital $46,250

Credit Common Stock $25,000

<em>(Issuance of common stock)</em>

5 0
3 years ago
MC Qu. 131 At Midland Company's break-even point... At Midland Company's break-even point of 9,000 units, fixed costs are $180,0
kompoz [17]

Answer:

selling price per unit = $80

Explanation:

Giving the following information:

Company's break-even point of 9,000 units

Fixed costs are $180,000

Total variable costs= $540,000

<u>First, we will calculate the unitary variable cost:</u>

Unitary variable cost= 540,000 / 9,000

Unitary variable cost= $60

<u>Now, the unitary selling price, using the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

9,000 = 180,000 / (selling price per unit - 60)

9,000selling price per unit - 540,000 = 180,000

9,000selling price per unit = 180,000 + 540,000

9,000selling price per unit = 720,000

selling price per unit = 720,000/9,000

selling price per unit = $80

8 0
2 years ago
Read 2 more answers
Filter Corp. maintains a debt-equity ratio of .45. The cost of equity is 14.7 percent, the pretax cost of debt is 8.1 percent, a
trapecia [35]

Answer:

11.78%

Explanation:

Weighted average cost of capital WACC determines firms cost of capital. It includes all sources of finance which are included in firms capital structure. The WACC is calculated with given formula:  

WACC = E/V Re + D/V * Rd (1 - T)

Re = cost of equity

V = Firms Market value of Debt and Equity

Rd = Cost of debt

E = market value of equity

D = market value of debt

T = Marginal Tax rate

WACC = 14.7 * 1 / 1.45 + 8.1 * 0.45 / 1.45 (1 - .34)

WACC = .1013 + 0.0165

WACC = 11.78%

7 0
3 years ago
The process of posting is the transfer of debits and credits from the a.ledger to the journal. b.journal to the ledger. c.T acco
antiseptic1488 [7]

Answer:

The correct answer is letter "B": journal to the ledger.

Explanation:

The activity in which accountants transfer information from the journals to the general ledger is called posting. By posting, only the balances are transferred to the general ledger, not individual transactions. There are no set intervals in which postings should be made. It depends on how often the activities of the company requests it.

6 0
3 years ago
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