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3 years ago

who is the economist responsible for developing the basic concepts of the national income accounting system?

1 answer:

7 0

<span>An indication of NIAs’ impacts on economics is that the third and fifteenth Nobel Prizes in economic science were awarded largely for contributions to the development of national income statistics—to simon kuznets in 1969 and to richard stone in 1984.</span>

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A south sea island produces only coconuts. In 2010, the price of a coconut is $1.50 and the quantity produced is 300. In 2012, t

Semenov [28]

1.50*300=$450
0.5*350=$175
(175/450)*100=39%
Real GDP in 2012 is 39%

8 0

3 years ago

"Hilary is working for a consulting firm making $60,000 per year but considers starting her own consulting company. Hilary has d

kompoz [17]

Answer:

1. Total implicit cost per year = $66,000

2. Total cost per year = $337,000

Explanation:

Given:

Salary = $60,000

Investment = $100,000

Rent = $75,000

Wages = $190,000

Materials and utilities = $6,000

Rate of return = 6%

Computation:

1. Total implicit cost per year:

Total implicit cost per year = Salary give up + Return on investment

Total implicit cost per year = $60,000 + ($100,000 x 6%)

Total implicit cost per year = $60,000 + $6,000

Total implicit cost per year = $66,000

2. Total cost per year:

Total cost per year = Total implicit cost per year + Rent + Wages + Materials and utilities

Total cost per year = $66,000 + $75,000 + $190,000 + $6,000

Total cost per year = $337,000

6 0

3 years ago

If a cost is a common cost of the segments on a segmented income statement, the cost should:_________.

worty [1.4K]

Answer:

the correct answer is

If a cost is a common cost of the segments on a segmented income statement, the costshould:A) be allocated to the segments on the basis of segment sales.

Explanation:

hope this helps u!!!

8 0

4 years ago

The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $26,800. If these calcu

Allushta [10]

Answer:

$53

Explanation:

Tolar Corporation

Price per calculator × 400 calculators > $10,000 + $11,200

Price per calculator × 400 calculators > $

$21,200

Price per calculator = $21,200 ÷ 400 calculators

= $53 per calculator

8 0

4 years ago

Outsourcing of jobs from large corporations to domestic subcontractors has been one reason job have been become more insecure in

allochka39001 [22]

Answer:

a. true

Explanation:

In Business management, outsourcing can be defined as a process which involves an agreement between two companies that allows for the provision of services or job functions by another.

When a company is outsourced, it engages the service of another company (third-party) to perform some of its duties rather than the use of an in-house department or employees to handle them. The outsourcing firm is saddled with the responsibility of physically distributing the goods or services of the outsourced company.

Hence, outsourcing simply means the use of supply chain partners of a large corporation to provide products or services for the end users or consumers.

In the United States of America, outsourcing of jobs and services from large corporations to domestic subcontractors (outsourcing companies) is one of the main reason job have become more insecure recently.

8 0

3 years ago

Read 2 more answers