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
MArishka [77]
3 years ago
6

James owns two houses. He rents one house to the Johnson family for $10,000 per year. He lives in the other house. If he were to

rent the house in which he lives, he could earn $12,000 per year in rent. How much do the housing services provided by the two houses contribute to GDP?
Business
1 answer:
AVprozaik [17]3 years ago
3 0

Answer:

$22,000

Explanation:

Given that

1st house rented = 10,000

2nd house estimated rent = 12,000

Therefore,

The two houses would contribute

= 10,000 + 12000

= $22,000

Note: Rent is considered as consumption and as a result, rent is added into the GDP. Also, in GDP estimation, imputed rent which is the amount a house owner is willing to rent a house away for if he decides to is calculated as part of the GDP.

You might be interested in
‘A person starts a business venture because he lost his job’. Which form of entrepreneur is he.
irakobra [83]

Answer:

sole trader

Explanation:

couse he is running as well as managing his business..i hope that's it..

3 0
3 years ago
Read 2 more answers
You have a workbook that contains sales data for different regional sales reps of a company. which task is the least likely to b
arsen [322]

The least likely task to be done while the worksheets are grouped when you have a workbook that contains sales data for different regional sales representatives of a company, is to make sure that you ungrouped sheets if ever you want to perform a task on only one worksheet because if you forget to ungroup sheets you could potentially ruin several worksheets by overwriting data on all worksheets instead of just the active worksheet.

6 0
3 years ago
Real property subject to a lien is referred to as:
antoniya [11.8K]
The owner of the  property, who allow  the lien, is relate to as  the Lienee and the person who has the advantage of the lien is referred to  as the  Lienor or Lien holder.
In the United States, the term lien usually pertain to a wide range of encumbrances and would involve other forms of mortgage or charge.
7 0
3 years ago
The ecoist manufactures handbags out of excess packaging that would otherwise end up in landfills. this is an example of​ values
mina [271]
From the word itself, "values-led" business, this type of businesses are more inclined to doing what is right and moral by promoting values rather than thinking too much about the profit that comes from the sales of the manufactured goods. In the example above, the business leverages in the notion that recycling will lead to lesser pollution to the environment. 
3 0
3 years ago
Read 2 more answers
Cara writes an e-check on Monday to pay a bill in the simulation. What is the earliest it will be applied to the vendor account?
Andrei [34K]

Based on the length of time an e-check generally takes, the earliest it might be applied to a vendor's account is on <u>Thursday</u>.

<h3>What day will the payment be applied to the vendor's account?</h3>

When an e-check is written, it has to be verified by the bank first. This process takes about 24 to 48 hours.

After verification, the bank can then send the funds to the vendor's account. This part of the transaction can take between 3 to 5 business days from the day the check was issued.

Considering the earliest time is 3 business days, an e-check written on Monday will reach a vendor's account three days later on a Thursday.

Find out more on online payments at brainly.com/question/1109723.

4 0
2 years ago
Other questions:
  • Your local weather forecast is most likely provided by the (a):
    11·1 answer
  • How would age determine which investment strategies you would choose?
    7·2 answers
  • fficiency wages, minimum-wage laws, and unions all keep wages a. below the equilibrium level, causing a shortage of labor. b. be
    13·1 answer
  • Humes Corporation makes a range of products. The company's predetermined overhead rate is $20 per direct labor-hour, which was c
    15·1 answer
  • A sporting goods company has a distribution center that maintains inventory of fishing rods. The fishing rods have the following
    10·1 answer
  • where cost is in dollars and time is in minutes. The cost of driving an automobile is $5.50 with a travel time of 21 minutes, wh
    15·2 answers
  • Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra
    8·1 answer
  • Differentiate between a defined contribution pension plan and a defined benefit pension plan. Explain how the employer's obligat
    5·1 answer
  • How to eat a burger at bobs grill respectfully
    5·2 answers
  • How does communication take place in the United States?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!