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erastova [34]
7 months ago
5

under the income approach to gdp, the wages, salaries, and benefits paid by businesses and government fall under the category of

compensation of .
Business
1 answer:
Naddik [55]7 months ago
7 0

Under income method to GDP (gross domestic product), the wages, salaries, and benefits paid by businesses and government fall under the category of compensation of employees.

The total monetary or market worth of all of the finished goods and services manufactured inside a nation's borders during a certain time period is known as the gross domestic product (GDP). It serves as a thorough evaluation of the state of the economy in a specific nation as it is a wide indicator of total domestic production.

Even while GDP is frequently estimated on a yearly basis, it can also be calculated quarterly. For instance, the government of the United States produces an annual Gross domestic product estimate for the calendar year so each fiscal quarter. Each data set in this report is provided in real terms, which means that it has been corrected for price fluctuations and is thus net of inflation.

Learn more about gross domestic product (GDP) here:

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Approximately __________ of trades involving shares issued by firms listed on the New York Stock Exchange actually take place on
Sophie [7]

Answer: B. 75%

Explanation: The NYSE accounts for a large majority of equity trades in the North America and worldwide. But not all trades actually do go on on the NYSE. I think this is because in 2007 they acquired Euronext which combined the NYSE with the five major European exchanges, inclusive of the Paris Bourse, Amsterdam, the London International Financial Futures etc. This merger bumped up their trading capacity to up to 10 billion shares per day. While 75% of trades do go on on the NYSE, the rest are handled by the other aspect of the merger deal, Euronext.

6 0
2 years ago
Population estimates show that by the year 2030, nearly 72 million of the population in the united states will come from which g
Kruka [31]

Population estimates show that by the year 2030, nearly 72 million of the population in the united states will come from old age group. We are now able to spend 20 to 25 percent of our lives in active retirement hanks to the enormous increases in both numbers and proportions, longer life expectancies, and active lifestyles.

According to the UN Population Division, by 2035, 1 in 5 persons will be 65 or older. Furthermore, the younger generations of today anticipate that the older population of the future will be better educated, healthier, culturally savvy, and, as people, more discerning consumers.

As their physical and sensory abilities start to deteriorate, they will demand—and respond to—goods and services that enable them to continue their active lifestyles and activities. Examples include flexible scheduling, ongoing education, travel, engaging experiences, and opportunities for companionship.

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5 0
2 years ago
accounts receivable had a debit balance of $10,000 at the beginning of the period, and a debit balance of $6,000 at the end of t
Mila [183]

If accounts receivable had a debit balance of $10,000 at the beginning of the period, and a debit balance of $6,000 at the end of the period. based on this information, the adjustment to net income for the period will be reported as: a decrease of $4,000 which will be added to net income.

<h3>How to find the adjustment to net income?</h3>

Using this formula to determine the adjustment to net income

Adjustment to net income = accounts receivable had a debit balance - Beginning debit balance

Where:

Accounts receivable had a debit balance = $10,000

Beginning debt balance = $6,000

Let plug in the formula

Adjustment to net income = $10,000 - $6,000

Adjustment to net income = $4,000


Therefore we can conclude that the adjustment to net income for the period will be reported as a decrease of $4,000 which will be added to net income.

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7 0
10 months ago
In the current year, Dove Corporation (E &amp; P of $1 million) distributes all of its property in a complete liquidation. Alexa
Mila [183]

Answer:

Alexandra took the land subject to the $100,000 liability. Therefore the Alexandra’s basis in the land is $200,000.

Explanation:

in the current scenario "Dove Corporation distributes all of its property in a complete liquidation. Alexandra, a shareholder, receives land having a fair market value of $200,000". Thus, the Basis of property received in a complete liquidation is the property's fair market value on the date of distribution, or %200,000

4 0
2 years ago
Read 2 more answers
Carey is a waiter at a restaurant that pays a small hourly amount plus tips. Customers are not required to tip the waiter. Carey
Nina [5.8K]

Answer:

Yes, she is required to include her tips in gross income.

Explanation:

Yes, Carey is required to include her tips in gross income. She is required to include both her small hourly amount and her tips, declaring both as a total sum amount. Even though the customer has no obligation to pay any tip of any kind to Carey, any tip she receives will count as compensation for services, as the tips are payments for her service to the customer.  

4 0
3 years ago
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