Assuming an upward-sloping as curve, if consumption spending falls while all other levels of expenditure stay the same in an economy that is at full employment, a GDP gap will be visible.
Retail store managers will take activities that result in greater Unemployment when undesirable inventories build up.
<h3>What is GDP?</h3>
- Gross domestic product (GDP) is a monetary indicator of the total market worth of all the finished products that nations create over a certain time period.
- This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.
- Consumption, investment, government spending, exports, and imports make up the components of the GDP when it is calculated using the expenditures method.
- Gross fixed capital formation, changes in inventories, changes in consumption expenditure (by households, NPISHs, and general government),
- And exports of goods and services are all included in the calculation of gross domestic product (GDP), which is then subtracted from imports of goods and services.
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Answer:
<em>Online shopping one of the most powerful interactive business tools on the Internet today.</em>
Explanation:
Today on internet most powerful interactive business tools is online marketing and shopping. The products and goods and services are easily available on internet and just with the help of delivery person anything can be easily delivered to the doorstep.
There are many intermediaries attached to this business and hence making it super profitable. Therefore, b to c business is on a boom these days and the customers needs are satisfied just sitting at home.
Answer:
3-5 people
Explanation:
It's called a focus group for a reason. If there were 8-12, or 10-12 people, the others might not be able to focus. But there are people who need others to focus, so 3-5 would be a perfect number per group.
hope it helps! :3
Answer:
The journal entry to record depletion is :
Debit : Depletion Expense $74,235
Credit : Accumulated Depletion $74,235
Explanation:
<em>Depletion Expense = Depletion rate × units extracted during the year</em>
where,
<em>Depletion rate = (Cost - Salvage Value) ÷ Estimated total units</em>
Therefore,
Depletion rate = ($404,000 + $101,000 + $80,800 - $161,600) ÷ 4,040 tons
= $ 105 per ton
Therefore,
Depletion Expense = $ 105 per ton × 707 tons
= $74,235
<u>Journal Entry :</u>
Debit : Depletion Expense $74,235
Credit : Accumulated Depletion $74,235
