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____ [38]
3 years ago
5

​"Since transfer payments by government are not associated with the production of goods and services, they are not included in G

DP"A. TrueB. False
Business
2 answers:
rosijanka [135]3 years ago
8 0

Answer:

true                    

Explanation:

The transfer payment comprises of both a donor as well as a receiver, with the sender giving up something that is of worth and receiving anything in return, unlike the swap agreement that equally benefits all the parties concerned.

Transfer payments cover Social Security, Medicaid, unemployment compensation, social programs and assistance. They should not be added in GDP, as they are not payments for goods or services, but rather ways to distribute money for social purposes.

Dominik [7]3 years ago
7 0

Answer:

<em>A. True</em>

Explanation:

<em>Transfer payments </em>are made by one party to another. The party giving the payments doesn't receive anything in return from the recipient.

Transfer payments by the government include social welfare expenditure like retirement benefits being given and donation to a particular country etc. <em>Thus, these payments by government are not associated with the production of goods and services and hence, are not included in GDP of a nation.</em>

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blondinia [14]
Um im sorry i tried idk
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Number sixxxxxxxxxxxx
Licemer1 [7]

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bachelor degree in film

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MC Qu. 97 The standard materials cost to produce... The standard materials cost to produce 1 unit of Product R is 7 pounds of ma
OleMash [197]

Answer:

total direct materials cost variance is $6,000 Favourable

Explanation:

first we get here Standard cost to manufacture

Standard cost to manufacture 6,000 units is = 7 × $47 × 6,000

Standard cost = $1,974,000

and

now we get here Actual cost to manufacturing

Actual cost to manufacturing 6,000 units is = 41,000 × $48

Actual cost = $1,968,000

and

now we get here Direct material cost variance that is express as

Direct material cost variance = Standard cost - Actual cost         ..........1

put here value

Direct material cost variance = $1,974,000 - $1,968,000

Direct material cost variance = $6,000 Favourable

4 0
2 years ago
A Japanese worker can produce 6 units of steel or 3 televisions per hour. A Korean worker can produce 8 units of steel or 2 tele
kifflom [539]

Answer:

2 and 4

Explanation:

Japanese worker can produce 6 units of steel or 3 televisions per hour.

Korean worker can produce 8 units of steel or 2 televisions per hour.

Opportunity cost is the cost of the lost alternative. So when the country decides to produce only televisions it has to give up on steel production. Thus, the units of steel forgone for each unit of television gained is an opportunity cost of a television.

Opportunity cost  = \frac{Units of Steel lost}{Units of Television gained}

Thus,

Opportunity cost of television for Japan = \frac{6}{3}  = 2

Opportunity cost of television for Korea = \frac{8}{2}  = 4

7 0
3 years ago
California Adventures issues 5,000 shares of 8%, $100 par value preferred stock at the beginning of 2020. All remaining shares a
never [62]

Answer:

See below.

Explanation:

Since the preferred stock is not cumulative only the current years' dividend is payable on these stocks.

Preferred stock dividend = (5000 * 100) * 0.08 = $40,000

Of the declared dividend of $100,000,

Preferred Dividend = $40,000

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If the shares were cumulative, the prior year dividends would also be payable form the declared dividends bringing the total preferred dividend to $80,000.

Hope that helps.

3 0
3 years ago
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