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
Lina20 [59]
3 years ago
14

Joe and Michelle have a partnership firm. Based on the income-based method of calculating GDP, what category is the income earne

d by their partnership firm a part of?
A) operating surplus
B) employee’s compensation
C) mixed income
D) gross national product
Business
1 answer:
tekilochka [14]3 years ago
3 0

Answer: B) employee’s compensation.

The income approach to measure gross domestic product or GDP starts with the income earned (wages plus plus rents plus interest plus profits) from the production of goods and services.

Based on the income-based method of calculating GDP, income or wages earned by Joe and Michelle for being partners can be categorized under B) employee’s compensation.


You might be interested in
Suppose the government imposes a price ceiling above the equilibrium price of a given good. Which of the following is the most l
VikaD [51]

Answer:

c) No change will occur in the market.

Explanation:

The correct option is : (c) No change will occur in the market

Reason: A price ceiling above the equilibrium price is a non binding price ceiling and it does not affect the market. No change in supply or demand occurs.

8 0
3 years ago
The last step of the human resource planning system is to: publish a human resource inventory listing the names, ages, job title
Anastaziya [24]

The last step of the human resource planning system is to: establish a strategic plan for recruiting, selecting, training, appraising, compensating, and scheduling the labour force

Explanation:

Human Resource Planning (HRP) is the method of forecasting the company's future human resource demands and deciding how the company's existing human resources expertise can be used to meet these requirements.

The strategy employed by the company to keep a steady supply of qualified personnel while avoiding vacancies or surpluses in its workforce is human resources preparation. A successful HRP approach will mean a company's competitiveness and profitability.

The HRP process consists of four key steps:

  • These include study of current labour supply,
  • Labour demand forecasts,
  • The balance of expected job demand and supply, and
  • Support for organisational priorities.
7 0
3 years ago
In order to make sure it is possible to clean the floors under shelving units in food establishments, the shelves must be at lea
soldier1979 [14.2K]
The shelves must be at least SIX [6] INCHES above the floor. This is necessary in order to facilitates proper cleaning of the floors, the unobstructed space below the shelf will make it easier to clean the underneath of the shelves. This will prevent cockroaches and other kitchen pests from habouring the space.
3 0
3 years ago
When workers use technology to work from home or an office center, they are _____.
xz_007 [3.2K]

Your answer is <span>telecommuting or B.</span>
6 0
3 years ago
Read 2 more answers
Which of the following statements successfully conveys the meaning of dollar votes? a concept that explains inflation and its ef
PSYCHO15rus [73]

Answer:

a concept that explains how a customer’s choices affect which products a business should continue to supply in the market    

Explanation:

In simple words, Dollar voting relates to the example used only to relate to the effect of consumer demand on the behavior of suppliers via the stream of consumer purchases for their commodities to the suppliers.

In the potential, goods which people purchase will continue to be made. Throughout the future, product lines which are not selling as well as anticipated will probably have fewer productive assets. Efficiently, customers vote for "finalists" as well as "whiners" with their transactions as per this metaphor.

6 0
3 years ago
Read 2 more answers
Other questions:
  • You put aside $300 a month in an account that returns 9% a year, compounded monthly. How long do you need to contribute to save
    5·2 answers
  • So, say a person named Bertrand is an avid supporter of protectionism. His primary platform is the idea that the United States i
    12·1 answer
  • What is a personal financial statement?
    6·1 answer
  • Productivity is the
    15·1 answer
  • What term describes the execution of business transactions in a paperless environment, primarily through the Internet
    5·1 answer
  • The cash account for American Medical Co. at April 30 indicated a balance of $334,985. The bank statement indicated a balance of
    13·1 answer
  • "Given the following information from Cullumber Corporation, what price would the CAPM predict that the company’s stock will tra
    7·1 answer
  • Dont write down but what does ENOLA spell backwards thank me if you got it right
    8·2 answers
  • Jacob is a senior manager at Aries LLC. He has been earning significant bonuses in addition to his salary. He often misrepresent
    11·1 answer
  • A stock index spot price is $1,287. the zero coupon interest rate is 3.8%. what is the potential arbitrage profit if the 6-month
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!