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4 years ago

In each of the following cases, determine how much GDP and each of its components is affected (if at all).

Business

1 answer:

tiny-mole [99]4 years ago

3 0

Answer:

A) The GDP increases by $300 since a dinner is considered a final service, it is part of consumption.

B) The GDP decreases by $1,200 since the laptop is imported from China, imports reduce net exports.

C) The GDP is not affected since the computer was manufactured last year.

D) The GDP increases by $500 since the cars are final products ($470 million are considered consumption and $30 million investment).

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Axl will be borrowing $300,000 today to buy a house, and he will pay it back with 20 yearly payments starting one year from toda

Natalija [7]

Answer:

$28,317.88.

Explanation:

The annual payment, PMT can be determined using a financial calculator as follows :

PV = $300,000

N = 20

P/YR = 1

R = 7.00 %

FV = $0

PMT = ?

Using a financial calculator, the annual payment, PMT is $28,317.88.

4 0

3 years ago

Refer to the T-account below: Manufacturin Overhead (2) (3) (4) (5) 9,000 (12) 15,000 80,000 30,000 159,000 Bal. 167,000 167,000

Flura [38]

Answer:

C) Overapplied overhead

Explanation:

The ending balance of $8,000 represents the overhead overapplied as the credit side is more than the debit side related to production i.e as the credit side is $167,000 and the debit side is $159,000 so the credit side is greater than the $8,000

Therefore the correct option is c.

Hence, the other options are wrong

5 0

4 years ago

Cash dividends of $83,126 were declared during the year. Cash dividends payable were $9,151 at the beginning of the year and $15

morpeh [17]

Answer:

option (b) $76,642

Explanation:

Data provided in the question:

Cash dividends declared = $83,126

Cash dividends payable at the beginning of the year = $9,151

Cash dividends payable at the end of the year = $15,635

Now,

Cash payment of dividends

= Cash dividends declared + Beginning cash dividends payable - Ending cash dividends payable

= $83,126 + $9,151 - $15,635

= $76,642

Hence,

the answer is option (b) $76,642

7 0

3 years ago

Draw a curve that shows the relationship between quantity and total revenue when the demand curve for umbrellas is linear.

irakobra [83]

Draw a curve that shows the relationship between quantity and total revenue when the demand curve for umbrellas is linear increases.

If demand is elastic (price elasticity > 1), price and total sales are negatively related. In other words, an increase in price leads to a decrease in total sales.

Revenue is the amount of money generated WITHOUT subtracting the costs of business. In economics, the total sales test is a means of determining whether demand is elastic or inelastic. If an increase in price leads to an increase in total sales, demand is said to be inelastic because the increase in price does not significantly affect the quantity demanded.

Learn more about revenue at

brainly.com/question/16232387

#SPJ4

5 0

2 years ago

Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of

ludmilkaskok [199]

Answer:

Decrease by $132,100

Explanation:

Computation of the given data are as follow:-

We can calculate the Operating Income by using following formula:-

Fixed Cost = Fixed Cost * Dropped Rate

= $193,000 * 30/100

= $57,900

So, Operating Income = Sales - Variable Cost - Fixed Cost

= $,1050,000 - $860,000 - $57,900

= $132,100

According to the Analysis, the operating income will be decrease by $132,100 if the business segment is eliminated.

8 0

4 years ago