All categories

3 years ago

Business are hiring workers and GDP starts to increase as consumer spending increases

Business

1 answer:

Grace [21]3 years ago

6 0

Answer:

True

Explanation:

The reason is that the business would only recruit extra employees if the demand of the product is increasing which means that the consumer are spending more on purchasing goods and services which would increase the domestic production that is responsible in increase in GDP of the country. So it is true that increased customer spending increases the domestic production which increase the GDP of the country.

You might be interested in

Bobby decides to sell lemonade on a hot summer day. If Bobby sells 20 glasses of lemonade for $0.20 per cup, and his average tot

MAXImum [283]

Answer:

c. $0.6

Explanation:

The economic profit is the difference between total income and total cost. The total cost is the multiplication of the average cost by the number of sold glasses.

Total income = 20 * 0,2 = 4

Average cost = 0,17

Total cost = 0,17 * 20 = 3,4

Economic profit = Total income - total cost = 4 - 3,4 = 0,6

4 0

3 years ago

Compare Australia's economy and China's economy

PilotLPTM [1.2K]

Answer:

China has the bigger economy than Australia

Explanation:

5 0

3 years ago

Consider the relative liquidity of the following assets:Assets1. A $5 bill2. The funds in a savings account3. A boat you own4. A

Irina-Kira [14]

Answer:

Boat is an asset.

Most liquid = $5 bill

Second most = Fund in saving account

Third most = Bond

least liquid = Boat

Liquidity means easily convertible into cash. $5 bill is the most liquid while asset cannot be easily and readily convertible into cash.

Explanation:

8 0

3 years ago

For purposes of determining current E&P, which of the following items cannot be deducted in the year incurred? A. dividend

Bogdan [553]

Answer:

A. dividendsminus−received deduction.

Explanation:

This allows companies to avoid mostly third taxes on the same earnings.

It is explained to be a federal tax deduction in the U.S. that is given to certain corporations that get dividends from related entities. The amount of the dividend that a company can deduct from its income tax is tied to how much ownership the company has in the dividend-paying company. However, there are criteria that must be met in order to qualify for a DRD.

The dividends received deduction allows a company that receives a dividend from another company to deduct that dividend from its income and reduce its income tax accordingly.

7 0

3 years ago

1. You have been asked to appraise the market value of a three-bedroom house with two bathrooms that is going to be sold tomorro

Elan Coil [88]

Answer:

Current price of house = $222,000

Explanation:

given data

property that sold = $275,000

values decreasing at rate = $2,000 per week

Each bedroom = $30,000

a bathroom = $15,000

solution

we get here Price of 3 bedroom & 3 bathroom house (4 weeks ago) is

Price of 3 bedroom & 3 bathroom house (4 weeks ago) = $275,000 - $30,000 - $15,000

Price of 3 bedroom & 3 bathroom house (4 weeks ago) = $230000

and

reduction in price at $2000 per week for 4 weeks= 4 × 2000

reduction in price at $2000 per week for 4 weeks = ($8,000)

Current price of house = $230000 - $8,000

Current price of house = $222,000

8 0

3 years ago