Answer:
Debit: $300
Credit: $300
Explanation:
See attached picture for explanation.
Answer:
Kerry buys a new sweater to wear this winter.
Jasmine buys a new car.
Explanation:
Gross domestic product is the total sum of 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 by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
The purchase of the sweater and the purchase of the new car constitutes consumption spending and it would be added as part of GDP.
The cash gift and Social Security check are transfer payment s and would not be included as part of GDP
Answer:
$2.48
Explanation:
This morining a stock was purchased.
The stock just paid an annual dividend of $3.10 per share
A return of 9.2% is required
= 9.2/100
= 0.092
The growth rate is 4%
= 4/100
= 0.04
The first step is to calculate today's price
= D1/(r-g)
=3.10× 1+0.04/0.092-0.04
= 3.10×1.04/0.092-0.04
= 3.224/0.052
= $62
The price at the end of year 3 can be calculated as follows
= today's price × (1+g)
= 62×(1+0.04)
= 62×1.04
= $64.48
Therefore, the capital gain can be calculated as follows
Price at the end of year 3-today's price
= $64.48-$62
= $2.48
Hence the capital gain is $2.48
Answer: Gross national product (GNP)
Explanation: Gross domestic produce refers to the market value of all final goods and service produced withing the domestic territory of a country. It considers where the production occurs. While, GNP refers to the market value of final goods produced by factors of production owned by a country's residents. Thus, GNP considers who is responsible for the production.
Thus, correct option is <em>Gross National Product</em> (<em>GNP</em>).
Answer:
labor-management
Explanation:
Labor-management agreement is when the leaders and the employees of a company make an agreement that has the goal of protecting the rights of the parties involved and define aspects like salaries and working conditions of the employees. According to this, the answer is that the negotiated labor-management agreement outlines the rights of both parties in the negotiating process, including work hours, wages, employee benefits and grievance procedures because this agreement between employees and employers establishes the conditions the employees will receive for their services to avoid disputes and protect the rights of the parties.
