A) The salary you will earn with a degree will pay back the cost of college over your career.
Answer:
The correct answer is option c.
Explanation:
A consumer price index measures the change in the price level of weighted average of a basket of goods and services purchased by the consumers.
GDP deflator measures the change in the price of all domestically produced goods and services.
A change in the price of domestically produced industrial robots will be included in the GDP deflator as it includes the prices of all domestically produced goods and services.
But it will not be included in the CPI as the industrial robots are not purchased by consumers in households, they are not consumer goods.
Answer:
With installments loans the pay back time can be stretched out longer then a layaway
Explanation:
Answer: A. Expenses are increased
B. Net income is reduced
E. A liability (such as salaries payable) will be increased.
Explanation:
An accrued expense is an expense that is witten when it was incurred even before it's eventually paid. e.g wages payable.
The effect of an accrued expense such as salaries expense adjustment on the income statement and the balance sheet is that there'll ba na increase in expense. Also, there'll be an increase in liability such as the salaries payable. Since there is an increase in liability, thus will bring about a reduction in the net income.
Answer:
Explanation:
Consumption $ 670
Investment $ 0
Government Purchases $ 0
Imports $ 1200 (40 bottles * $30)
Exports $ 1000 (200 plugs * $5)
Net Exports $ (200). This is negative as imports are greater than exports.
Gross Domestic Product (GDP) $470.
{GDP formula : Consumer expenditure + Investment expenditure + Government expenditure + Total exports - Total imports.
GDP: 670 + 1000 - 1200 = 470}
