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kari74 [83]
3 years ago
13

The largest component of gdp is investment spending. is

Business
1 answer:
antiseptic1488 [7]3 years ago
8 0

Answer:

The statement is false. The largest component of GDP is private consumption, or simply: consumption.

Explanation:

Consumption includes all purchases of goods and services made by individuals and households except for the purchase of new houses (these are considered investments).

In the U.S., consumption accounts for around 70% of GDP. This is why some economists say that the U.S. is a consumer-based economy.

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Q 6.3: Mia received a credit card offer in the mail. The credit card has an annual percentage rate of 26%. What is the approxima
lbvjy [14]

Answer:

D : 2.17%.

Explanation:

The 26% is an APR(Annual Percentage Rate). This is a quoted rate that  a credit card company charges . It is also known as the  nominal rate.

Since the question is asking for a monthly rate, use the 26% and convert it into monthly rate. We have 12 months in a year; meaning, we will divide the nominal rate by 12;

Monthly rate = APR / n

APR = 26% or 0.26 as a decimal

n = compounding periods = 12

therefore, Monthly rate = 26% /12 = 2.17%

5 0
3 years ago
Do you think it is easier or harder to be ethical in a leadership role?​
love history [14]
Ethically probably harder,
8 0
2 years ago
Which statement best explains how manufacturers contributed to the economic slow down that lead to the Great Depression
Alex_Xolod [135]
They were overproducing goods
7 0
2 years ago
Retailing is composed of all of the business activities that add value to the products and services customers buy. This includes
ivolga24 [154]

Answer: Finance, purchasing, accounting, suppying

Explanation:

Retailing is known as a sub middleman in business that buys from the wholesaler and sells to the consumer in smaller quantity not as big as the wholesaler.

The following are activities of the retailer, although it might not be all followed by many retailers but depending on their ability and understanding

-Finance

-Purchasing

-Accounting

-Management Information System

-Supply management including warehouse and distribution management.

3 0
2 years ago
As the burden of taxes grows, the role of the auditor becomes increasingly important to the organization. True or false
Mila [183]

Answer:

False

Explanation:

In the case when the tax burden increased so the role of the auditor is to audit the financial statements of the company and based on this they given the opinion that could be either favorable or unfavorable also they look into the operational effectiveness and efficiency but the role of the auditor is not increasingly important as for the tax purpose the tax accountant should be considered such as Chartered accountant, etc

8 0
2 years ago
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