Answer:
There is an opportunity cost to going to the movie and he should leave the movie.
Explanation:
Yes, there is an opportunity cost involved when the person goes for the movie. The opportunity cost will the work that he can do instead of going to the movie. For instance, if the person has the option to study or to watch a movie and he chooses the movie then the opportunity cost is the study. Moreover, he should leave the movie because it is terrible and if he does other work by leaving the movie then he will be benefited because the opportunity cost of doing other work will be lower.
Answer:
A) Forecasting models
Explanation:
Forecasting models -
It is the method of making prediction of the future , based on the data of the present and the past , and by analyzing the trends .
For example , the estimation of some variable of interest at for some future date .
Uncertainty and risk are the center of the forecasting , it is a good practice , which indicates the degree of uncertainty to forecasts .
Hence , from the data of the question , the correct answer is Forecasting models .
The answer is B. accurately reflect the change in production.
The Expenditure Approach adds up the market prices of final goods and services to calculate Gross Domestic Product (GDP)
The Expenditure Approach includes consumption expenditures, investments expenditures, government expenditures and net exports.
The Expenditure Approach is one of the 3 ways to measure economic production. The other 2 are The Production Approach and The Income Approach.
Answer:
Payroll tax, social security tax
Income tax, property tax, sales tax
Explanation:
Payroll tax, social security taxes are levied on consumers and businesses with a total percentage of 12.4. Overall, 6.2 % is the payroll tax and 6.2% is the social security tax.
Income tax, property tax, sales tax; these three types of taxes are imposed on consumers and businesses and depend on variable and fixed assets.
