Answer:
Ellen services is included in U.S. GDP
Explanation:
Domestic work that is not paid is not included in the calculation of a country's GDP. That's the case with Sam household works.
All the compensation to employees are considered in GPD computation, it is not important the nationality of the employee, but the work must be done in the U.S. and that's the case with Ellen.
Answer:
b. are changes in taxes or government spending that increase aggregate demand without requiring policy makers to act when the economy goes into recession.
Explanation:
Automatic stabilizers are changes in taxes or government spending that increase aggregate demand without requiring policy makers to act when the economy goes into recession.
In Economics, it is also referred to as built-in stability and this means that with given tax rates and expenditures policies such as fiscal and monetary policy; an increase in domestic income will reduce a budget deficit or produce a budget surplus, while a decline in income will result in a deficit or a lower budget surplus.
Hence, an automatic stabilizer is an economic system or policies that automatically shore up or strengthen the Gross Domestic Products (GDP) without specific government intervention for sustenance or creation of stability in the economic cycle of a country.
For example, personal and corporate income tax usually decline in the event of recession in a country because individuals and business owners or entities make less, thus leading to unemployment and an increase in social security funds or welfare.
Answer: Differentiable criterion
Explanation: In simple words, differentiable criterion refers to the phenomenon of market segments in which the producing entity differentiates its product on the basis of different customer base. The base can be set on the criteria of any factor like gender , age group or religion etc.
Under this criterion the producing entity produces the product by taking special considerations to the preferences of that particular customer group. In the given case two separate groups are responding similarly to a single product, hence, it fails differentiable criteria.
Annual percentage rate or APR is a credit card's interest rate is the price you pay for borrowing money. For credit cards, the interest rates are typically stated as a yearly rate. This is called the annual percentage rate (APR).
Now, According to the Question,
We are Given :-
- Time = 3 Years, paid back monthly
<u>CALCULATION</u>
Finance Charge / Amount Financed =
$195.56 / $1,000 = 19.56
Table factor of 19.56 at 36 periods = 12% APR
Therefore the APR for the borrowed money is 12%
To know more about Annual percentage rate or APR, check the links.
brainly.com/question/2940185
brainly.com/question/2772156
#SPJ4
Answer:
Chair unit cost: $ 49.72
Total cost for 675 chairs: $ 33,561
Explanation:
Direct Materials: $ 14.00
Direct Labor: 1.9 hours x $16 labor cost: $ 30.40
Overhead:
1.9 labor hours x ($ 1.6 variable rate + $ 1.20 fixed rate) = $<u> 5.32 </u>
Total unit cost: $ 49.72
Cost to produce 675 chairs:
675 charis x $ 49.72 per chair = $ 33,561