Answer:
Transactions included in the calculation of U.S. GDP:
Transaction C I G X M
1. X
2. M
3. I
4. C
5. G
Explanation:
a) GDP constituents:
Consumption (C) = private consumption expenditures by US households and non-profit-making organizations.
Investment (I) = business expenditures by profit-making organizations for purchase of capital goods or input for further processing.
Government purchases (G) = government spendings for public goods.
Exports (X) = Goods and services moved from the US to other countries.
Imports (M) = Goods and services from other countries into the US.
Answer:
Gap between the supply curve and the market price.
Explanation:
Producers surplus refers to the surplus that a producer of a commodity can obtain. The producers surplus is the difference between the producer's willingness to accept the price and the actual price they have received.
Producers surplus = Actual market price - Willingness to accept the price
Graphically, it is the area between the upper portion of supply curve and the market price.
Answer:
e. Missed loan payments, high balances on credit cards, and personal bankruptcy
Explanation:
If you look at each of these factors, they are all closely related to an individual's past credit history and their ability to pay their debts on time. If you miss your payments or declare bankruptcy, you obviously are not in a very good financial position. Owing too much money to your credit cards is not a good sign since credit cards charge a very high interest rate and they are usually our last option when we consider financing options.
<span>David's mother is killed in an automobile accident. What type of insurance would provide his family financial support to cover the paid and unpaid work his mother performed?
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Life Insurance
Answer:
A) motion for judgment on the pleadings
Explanation:
When one party files a motion for judgment on the pleadings, it is requesting that the judge considers only the facts included in the pleadings and that he/she rules in favor of them.
This type of motion can be filed only after all the pleadings are complete and it basically requests that the court should make their ruling based only on the evidence already presented, and that all the evidence needed for a verdict has already been presented.
