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3 years ago

If Investment Spending does not replace Consumption of Fixed Capital (CFC), then GDP will _________..

Business

1 answer:

vfiekz [6]3 years ago

3 0

Answer: Decrease

Explanation:

GDP = gross domestic product. The number of goods and services produced and consumed within a country.

The major components also include investment spending and consumption.

If investment spending does not replace consumption of fixed capital then GDP will fall or decline. Investment spending needs to be replaced by consumption of fixed capital so that the GDP can increase. Which is beneficial for the economy.

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A and B have a written contract whereby A agrees to sell B a plot of land for $100,000. Later, without terminating the first con

AnnZ [28]

Answer:

B) Is not a contract because there is no consideration for B's promise.

Explanation:

In contract law, consideration is the benefit that must be bargained for between the parties involved. It is the essential reason for the parties entering a contact. Consideration must have some value and is exchanged on the performance or promise from the other party.

Common law rules on contract modifications require some new consideration in order to modify an existing contract. In this case, only B added some new consideration (more money) to the written contract, A didn't add anything new.

3 0

4 years ago

The Fire Department of a given city received an appropriation in the amount of $15,000,000 for the fiscal year ended June 30, 20

Bezzdna [24]

Answer: $13,680,000

Explanation:

Given that,

Appropriation received(Budget) = $15,000,000

(a) purchase orders = $650,000

(b) purchase orders, related to (a) = $640,000

Related Invoice amount = $635,000

Invoices were paid in the amount = $620,000

Balance available for the fire department as of July 31, 2017:

= Budget - purchase orders(debit) + purchase orders(credit) - (Invoice payment) - payroll(expenditure)

= $15,000,000 - $650,000 + $640,000 - ($15,000 + $620,000) - $675,000

= $13,680,000

6 0

3 years ago

Indicate whether each of the following news items is a positive or a normative statement.

Novosadov [1.4K]

Answer:

Positive statements are statements that describe things as they are, based on empirical evidence. Normative statements describe whether something is good or bad, desirable or undesirable. They can be recommendatios or opinions, or both at the same time.

1. Teenagers shouldn't be permitted to buy cigarettes - Normative statement. It finds teenage smoking as undesirable.

2. Nuclear energy is cleaner than coal and oil based energy - Postive statement. It is describing a fact, not explicitely saying whether nuclear energy is better or not (even if implicitily it might be saying so).

3. We need more police on inner dash city streets - Normative statement. This statement is finding that more police is desirable.

4. Netflix original programming is better than network TV shows - Normative statement. It is giving an opinion, but it's still a positive statement.

5 0

3 years ago

Golddigger Services, Inc. provides services to clients. On May 1, a client prepaid Golddigger Services $60,000 for 6-months serv

sveticcg [70]

Answer:

Option C Credit to Unearned Management Fees for $62,000

Explanation:

The reason is that the unearned managment fees are liabilities and so are credit in nature just like other liabilities. It is also the requirement of accrual accounting system that says the revenue and expenses must only be recorded when they are realized. Which means the revenue share for example which is $1000 must be recorded as revenue when we will deliver our customers services of one month. It doesn't matter if the revenue amount is not received in cash. So delivering your share is compulsory here to recognize sales or services.

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3 years ago

Alicia has a very simple tax return and some degree of tax knowledge. She wants to file taxes without spending any extra money.

Lena [83]

Answer: Alicia has a very simple tax return and some degree of tax knowledge. She wants to file taxes without spending any extra money. What is her BEST option for filing taxes? Independently prepare her taxes.

Explanation:

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3 years ago