Answer:
Gross Domestic Product
Activities included and excluded:
1. The gross domestic product (GDP ) of the United States is defined as the monetary value of all finished goods and services in a given period of time. The important thing to note here is that GDP is the market value of all final goods and services produced within a country in a given period of time. This means that intermediate goods are not included.
2. Indication of Inclusion or Exclusion in 2018 GDP:
a) Calculo = excluded
b) Rotato = included
c) An accountant = excluded because of year, 2019
d) Fastline = included
e) Awake = included
Explanation:
1) The importation of the calculator into the United States does not form part of domestic production, and as such will be excluded.
2) Rotato's production on September 25, 2018 will be included, with an exclusive focus on whether the production of the set of tires increases GDP directly.
3) The accountant's work would have been included if it were done in 2018.
4) Fastlane's production will be included.
5) Awake's production will be included.
Answer: $2,700,000
Explanation:
The debit to Cash in the journal entry to record this transaction will be calculated as:
= $3,000,000 - [($3,000,000 × 3%) + ($3000000 ×7%)]
= $3,000,000 - ($3,000,000 × 0.03) + ($3000000 × 0.07)
= $3,000,000 - [$90,000 + $210,000]
= $3,000,000 - $300,000
= $2,700,000
Therefore, the debit to cash will be $2,700,000.
A. <span>Bartering which is a form of trade. For example I'll give you 5 bags of brain for your cow, or I'll give you 5 cars for your house, etc. It wasn't the best way to get things because the value of something could change drastically depending on many things. </span>
Answer:
Wenjing
The par value that would result in the return the bond broker promises is:
= $1,333.
Explanation:
a) Data and Calculations:
Bond amount paid = $2,000
Quarterly coupon payments = $40
Remaining coupon payments = 12
Bond maturity period = 3 years (12/4)
Promised returns per quarter = 3%
The implication is that the bond's annual interest rate = 12% (3% * 4 quarters)
Par value of bond = Quarterly premium/Quarterly returns in percentage = $1,333 ($40/0.03)
Check this out: 3% of $1,333 = $40
Answer: increase, so the money supply increases
Explanation:
