Answer:
c. GDP increases by $22.00.
Explanation:
The GDP is the sum of all final goods and services produced in an economy within a given period.
GDP = Consumption spending + Investment + Government Spending + Net Export
Only final goods and services are included in the calculation of GDP.
The wheat purchased by Wholesome Wheat Bakery is an intermediate good whuch is still used in the production of bread. Therefore, it isn't included in the calculation of GDP.
Bread is a final good and it's included in the GDP. Therefore, GDP increases by $22.
I hope my answer helps you.
Answer:
labor force = 40+20+10 = 70
So option (c) is correct option
Explanation:
We have given that the population of Ectenia = 100
In which 40 works for full time
20 work for half time but they would prefer to work full time
10 are looking for a job
10 are not interested because they are full time student
10 are retired
We have to find the labor force
Labor force will be equal to the sum of labor who are either full time working or want to do full time work or who are looking for a job
So labor force = 40+20+10 = 70
So option (c) is correct option
1.A.The mission of the System
2.C.Losses
3.B.Operational Characteristics
Answer:
d. Debit Work in process inventory $107,000 ; Credit Raw material inventory $107,000
Explanation:
When issuing out raw material it goes to work in process, Raw material is an asset account therefore decreasing on the credit side.
The amount of $87,000 on the options is incorrect. The correct amount is $107,000 used.
This is an example of test marketing. Producers will give a sample of their products to consumers and ask which ones they prefer and why. It is conducted very much like an experiment with a control group and an experiment group. Test marketing is a tool used by the companies to check the viability of their new product or a marketing campaign before it is being launched in the market on a large scale.