1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
____ [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>

You might be interested in
At the beginning of the current year, Snell Co. total assets were $264,000 and its total liabilities were $182,200. During the y
larisa [96]

Answer:

The company's debt ratio at the end of the current year is 66%

Explanation:

For computing the debt ratio, we need to apply the formula which is shown below:

Debt ratio = (Total liabilities) ÷ (total assets) × 100

                = ($182,200 ÷ $276,000) × 100

                = 66%

The other information which are given in the question is of no use. That's why we do not consider it. Hence, ignored it.  

7 0
3 years ago
Fractions or percentages computed by dividing one account or line-item amount by another are called a.returns. b.industry averag
Studentka2010 [4]

Answer:

Common size statements

Explanation:

A common size statement is when line items in a financial statement are shown as percentages of a common base figure. For example, line items are shown as percentages of value of revenue in the income statement.

I hope my answer helps you

3 0
3 years ago
Read 2 more answers
One item that appears on an insurance company's financial statements is a liability that represents an estimate of the claims re
Bess [88]
<span>This liability is called the insurer's "loss reserve".</span>

Loss reserve<span> is a gauge of an insurer's liability from future cases. <span>Loss reserves</span> most often contain liquid resources, and they enable the insurer to cover claims made against strategies that it endorses. Assessing liabilities can be a difficult task. Insurers need to regulate loss reserve estimations as the situation change.</span>

8 0
3 years ago
Can some one do this for me ASAP please help.
charle [14.2K]
Professional growth and development - Bob
Mentoring - Debby
Certification - Joseph
Scholarship - Libby
Networking - Chad
8 0
3 years ago
The ________ is the difference between merchandise imports and exports and a measure of a country's international trade in goods
Levart [38]

Answer:

balance of trade

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Basically, trade can be categorized into two (2) main groups and these are;

I. Import: this involves bringing in goods from a foreign country to sell in a different (domestic) country.

II. Export: it involves the sales of goods produced in a domestic country to a foreign country.

In Economics, a balance of trade is a measure of the difference between merchandise imports and exports, as well as a country's international trade in goods. Thus, it's a measure of the difference between the monetary value of the import and export of goods of a country over a specific period of time.

3 0
3 years ago
Other questions:
  • S Company reported net income for 2013 in the amount of $400,000. The company's financial statements also included the following
    11·1 answer
  • What would $250000 make per year in a savings account?
    8·1 answer
  • Suppose that in 2011, per-person GDP in Singapore was $53,591, and in Egypt, it was $5,547, as measured in 2005 purchasing power
    12·1 answer
  • Which clause in a mortgage allows a lender to increase the interest rate? A.) Defeasance B.) Escalation C.) Acceleration D.) Exc
    5·1 answer
  • The table below shows the values for several different components of GDP.
    13·1 answer
  • Salary expense is​ $1,175 per​ day, Monday through​ Friday, and the business pays employees each Friday. If December 31 falls on
    12·1 answer
  • Sam has been directed to study the demographic, economic, political, and cultural forces that affect an organization. In this in
    13·1 answer
  • A prospective buyer who is represented by a broker signs a contract to purchase a property serviced by a septic system. The sell
    13·1 answer
  • A company had total sales of $980,000, net sales of $955,800 and an average accounts receivable of $82,500. Its accounts receiva
    9·1 answer
  • If an entrepreneur needs help with valuation, they should ______. turn to online sites like BizBuySell and BizQuest rely on the
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!