Answer:
C) Classification of products
Explanation:
Advertising is not a means of classifying products.
Advertising is a commercial process of marketing goods and services to a target group of people.
- Advertising is a means of making a product known the the general market population.
- It helps to increase the market share of a particular product among competitors.
- When an advert is done rightly, it can bring more revenue to the company.
- Also, it reinforces brand recognition.
The manufacturer of the gift boxes that Sylvia sells has offered her an incentive. What is this called? Push money. Push money is an incentive that is paid by a manufacturer to distributor so that they will sell their products. When the distributor sells the products for the manufacturer both end up making money overtime. It benefits the manufacturer to give an incentive for the distributor to sell their items because of the profit it ends up generating for the manufacturer.
Answer:
constant returns to scale
Explanation:
Constant returns to scale describes a scenario when long run returns as the scale of production increases, when all input levels including physical capital usage are variable.
Answer:
A. It is included as part of government purchases (G)
B. it is included as part of consumption
C. It is included as part of investment
D. Amys father's transaction is not included as part of GDP
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP calculated using the expenditure approach = Consumption spending by households on durable and non durable good and services + Investment spending by businesses + Government Spending + Net Export
The project in A is being undertaken by The Federal Aviation Administration. So, it qualities as government spending.
Amy gets a new video camera made in the United States is an instance of consumer spending
Van's employer upgrades all of its computer systems using U.S.-made parts is undertaken by a business so it is included in GDP as part of investment spending.
The transaction by Amy's father takes place outside the US, thus, it is not included in the calculation of US 's GDP.
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Answer: a)$18,000 and b)$200,000
Explanation:
a) Deposit = $20,000
Reserve=10%
=10%x20,000 =$2,000
Loan - Deposit = 20,000-2,000 = 18,000
b) 1/Req. Rate Return* loan amount
20,000/10% =$200,000
This encourages spending so there is a shift up and to the right.
As the government increases spending, demand for loans increases and therefore increases the interest rates.
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