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maw [93]
3 years ago
7

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.

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Assuming a speed limit is 105 km/hr, what is this in miles per hour
blagie [28]
105 km/hr is the same as 65.244 miles per hour.  You can do this by doing unit conversions until you get the satisfied units.  Then you multiply and reduce the fraction.  In this case, the answer is 65.244 miles per hour.
3 0
3 years ago
In a Lindahl equilibrium: Group of answer choices no one could be made better off by reducing his or her tax burden, all things
Paraphin [41]

Answer:

everyone is willing to pay the taxes to receive the benefits.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

The different types of tax include the following;

1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.

2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.

3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.

A Lindahl equilibrium can be defined as an economic state in which there is a production of an optimal quantity of public goods and the cost of these goods is shared in a fair manner among everybody. It was developed by Erik Lindahl.

In a Lindahl equilibrium everyone is willing to pay the taxes to receive the benefits.

6 0
3 years ago
Somerset leasing received $50,400 for 24 months' rent in advance. how should somerset record this transaction?
butalik [34]
Maybe on a balance sheet, to keep track of everything monthly
3 0
3 years ago
What are the 6 major travel trade intermediaries
Daniel [21]
Retail travel agents.
Tour wholesalers and operators.
Corporate travel managers and agencies.
Incentive travel planners.
Convention/meeting planners.
4 0
3 years ago
During fiscal 2016, Plastics and Synthetic Resins Company recorded cash of $87,800 from customers for accounts receivable collec
mr Goodwill [35]

Answer:

Correct option is B

Explanation:

When cash is received from accounts receivables, it only impacts on balance sheet that too, only on cash assets and non cash assets.

Cash will be increased and non cash asset accounts receivables will be decreased, everything else will remain constant.

Thus correct option is B

Where Cash Assets = + $87,800

Non Cash Assets = - $87,800

4 0
3 years ago
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