Answer:
to determine her income level, we must add Mary's net salary during the first 3 months + total unemployment benefits for the first 13 weeks (April, May and June) + unemployment benefits for the next 13 weeks (July, August and September) + her normal income received during the last part of the year
total income = ($40,000 x 1/4) + ($947 x 13 weeks) + ($347 x 13 weeks) + ($40,000 x 1/4) = $10,000 + $12,311 + $4,511 + $10,000 = $36,822
total spending = normal spending level during 6 months + reduced spending level for the other 6 months
total spending = ($39,000 x 1/2) + ($39,000 x 1/2 x 9/10) = $19,500 + $17,550 = $37,050
Answer:
1. Limited liability
2. Shareholder
The concept of limited liability is one of the main characteristics of a corporation. Limited liability means that the owners are responsible for the debts of the company only to the extent of the money they've contributed to the company.
When an investor purchases shares of a corporation, becomes a shareholder of a corporation. He can then benefit from the growth in the company since he is also the owner of the company.
Answer:
The gross domestic product (GDP) of the United States is defined as the sum of all goods and services produced in America in a given period of time.
Therefore, options 2, 3, 4 and 5 are included on America's GDP, as all of them are produced in American territory.
Explanation:
Gross domestic product is a macroeconomic indicator reflecting the market value of all final goods and services (intended for direct consumption or use) produced in a year in all sectors of the economy on the territory of the United States, regardless of the nationality of the factors of production used.
Option 1 refers to an American company that produces in Indonesia, therefore its production would be counted for the Indonesian GDP.
All other options refer to goods or services produced in America, therefore they have to be included in American GDP.
Answer:
Attached image carries the solution to this problem.
Answer:
c. supply curve to the right, meaning market price will fall.
Explanation:
If firms in a competitive market start to make a large profit, more firms will enter that market because they will also want a share of it. As more firms enter the market, total quantity supplied will increase, shifting the supply curve to the right and lowering the equilibrium price.
