Answer:
increased measured GDP by the full value of the restaurant meals.
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government Spending + Net Export
Some items are not included in the calculation of GDP. Some of these items are :
1. Services rendered to ones self
2. Intermediate goods
3. Illegal activities
4. Transfer payment by government.
Households cooking at home is an example of services rendered to ones self and it is not included in the calculation of GDP.
While services rendered by resturants are included in the GDP through consumption spending by households.
So if families decide to eat more at resturants, GDP is increased by the full value of resutrant meals.
I hope my answer helps you
Answer:
b.$442,407
Explanation:
The computation of the total budget amount is shown below:
Direct labor ($131,000 ÷ 7,100 hours) × 10,700 hours $197,422.54
Direct material ($154,000 ÷ 7,100 hours) × 10,700 hours $232,084
.51
Fixed Factory Overhead $12,900
Total Budget $442,407.05
We simply added the direct labor, direct material and fixed factory overhead cost so that the total budget amount could come
Plus, we applied the unitary method for calculation part
Answer:
A. Undue influence
Explanation:
Undue influence in law of contract is when a person uses his or her position of power to take advantage over another person. It is an act of influencing the other party in a contractual relationship. There must be a relationship between both parties before undue influence can take place.
In law of contract, if a person is a victim of undue influence, the person has the right to rescind the contract provided same can be proven in a court of law.
Example of undue influence is when a person is not given parts of properties due to him or her in a family's will, whereas he or she is entitled to it.
B. Be called in for an interview because that's the first thing they see and it gives the general details
Answer:
Forecast for the fourth quarter = 1083.75
Explanation:
Forecast for the fourth quarter = (350+295+355) x 0.50 + (450+455+390) x 0.25 + (305+395+340) x 0.25 = 1083.75