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PSYCHO15rus [73]
4 years ago
6

Discuss whether the following are included in the GDP: 1) Tires Ford buys to put on a car. 2) A used tire you buy for your perso

nal car. 3) A new tire you buy for your personal car. 4) The value of a car produced in the United States and exported to England. 5) The profit earned in 2004 sale of a house you purchased in 2001. 6) The commission earned by an employment counselor when she locates a job for a client.
Business
1 answer:
AVprozaik [17]4 years ago
5 0

Answer:

1) Tires Ford buys to put on a car. - Included in GDP assuming that the tires are new, and produced domestically.

2) A used tire you buy for your personal car. - Not included because purchases of used goods are not part of GDP (they were produced in previous years, hence, were already calculated in a previous GDP).

3) A new tire you buy for your personal car. - Included in GDP because the tires are new.

4) The value of a car produced in the United States and exported to England.  - Included in the U.S. GDP and excluded from the British GDP.

5) The profit earned in 2004 sale of a house you purchased in 2001. - Not a part of GDP because the house was built in 2001, thus, its value is already part of the 2001 GDP.

6) The commission earned by an employment counselor when she locates a job for a client. - Commission is included in wages, one of the elements of GDP, therefore, they are included.

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It changes over time, depending on the expected rate of return on productive assets exchanged among market participants and people's time preferences for consumption.

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4 years ago
In the first three years of operations, Lindsey Corporation reported net income(loss) of $(150,000), $100,000, and $250,000. At
Dmitriy789 [7]

Answer:

$80,000

Explanation:

The calculation of the total amount of dividend for three years is given below

= Net loss for first-year - net income for the second year + net income for the third year - ending retained earning balance

= -$150,000 + $100,000 + $250,000 - $120,000

= $200,000 - $120,000

= $80,000

And,

As we know,  

The ending balance of retained earning = Beginning balance of retained earnings + net income - cash dividend paid

So, we used the same formula to compute the dividend amount

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3 years ago
Both Eden's company and SAS have cultures that reflect their environments. _______ theory explains this by saying that effective
solniwko [45]

Answer: Contingent theory

Explanation:

The Contingent theory of management believes that management cannot possibly know the best way to manage the activities of a company because things could go wrong at any time.

The theory goes further to suggest that the best bet that a company has is to try to align its internet environment to its external environment. In other words, it should align its corporate culture with the culture of the environment that it is based in.

7 0
3 years ago
A benefit of using aconglomerate structure is that:_____________
Talja [164]

Answer:

Minimize the inefficiency of duplicated efforts across multiple locations

Explanation:

First of all, a conglomerate merger happens when two corporations that serve completely different markets and produce totally different products unite.

The main advantages of this not so common merger, are that:

  1. increased diversification: they are entering new markets and producing new products.
  2. increased efficiency: by joining forces, synergy may result and efficiency and productivity will increase. Duplicated efforts are eliminated, reducing costs.
  3. Expanded customer base: similar reasons than point 1.
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6 0
3 years ago
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According to research, which of the following is true about the relationship between diversity in managers and innovation
kakasveta [241]

The statement that is true is : A. At companies with diverse management teams, openness to contributions from lower-level workers and an environment in which employees feel free to speak their minds are crucial for fostering innovation.

<h3>What is research?</h3>

Research can be defined as the process of collecting data or information so as to reach or draw a conclusion.

Hence, based on  research, the relationship between diversity in managers and innovation is option A which stated that  that companies with diverse management teams, openness to contributions from lower-level workers and an environment in which employees feel free to speak their minds are crucial for fostering innovation.

The missing options are:

A. At companies with diverse management teams, openness to contributions from lower-level workers and an environment in which employees feel free to speak their minds are crucial for fostering innovation.

B. the innovation boost is limited to a single type of diversity, gender based.

C. The positive relationship between management diversity and innovation is statistically not significant.

D. To reach its potential, gender diversity needs to stay as tokenism.

E. Management diversity seems to have a particularly negative effect on innovation at complex companies.

Learn more about research here:brainly.com/question/25257437

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