The increase in real GDP when government spending increases is $16 billion.
<h3>What is the increase in real GDP?</h3>
Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.
Increase in Real GDP = multiplier x increase in government spending
$5 billioin x 3.2 = 16 billion
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Answer:
Option B is the correct answer.
Explanation:
Business permits regulate the safety, structure, and appearance of the business community. They act as proof that a business follows specific laws and ordinances. Requirements differ by jurisdiction, and failure to comply often results in fines or even having the business shut down. Therefore, most businesses need a general business license to operate in a particular county or city.
Thus, the permit departments are helpful in conversion investigation efforts by identifying the nature and location of businesses, new leases, and recent constructions.
Option B is the correct answer.
Answer:
Answer is given below.
Explanation:
Economic Unit Concept
2014 2015
Jannison Inc. 308000 364000
Techron Co. 98000 126000
Sub Total 406000 490000
Less : Amortization 11000 11000
Total Net Income 395000 479000
Non Controlling Interest
= 10 % of Techron Co,
(after deduction of amortization expense)
= 10% (98000-11000) 8700
= 10% (126000-11000) 11500
Consolidated Net income 386300 467500
(after Noncontrolling interest allocation)
Under Economic unit concept both business are taken as a single business unit, and accordingly incomes of both entities are clubbed to find income of business as whole
Answer:
Part (1) November 1
The amount paid is the rental advances and must be recorded as advances which falls under the current asset category:
Dr Rental Advances $90,000
Cr Bank account $90,000
Part (2) December 31
On this date, some of the rental advances paid would be realized as expenses from the period November 1, 20X1 to December 31, 20X2.
This time duration constitutes to 2 months and the rental advance made on November were for five months. Out of these 5 months, 2 months share must be recognized as expense which is
The relevant entry would be:
Dr Rental Expenses $36,000
Cr Rental Advances $36,000
In-group collectivism simply means how much pride and loyalty individuals have for their family or organization.
<h3>What is
In-group collectivism?</h3>
In-group collectivism means the degree to which individuals are able to express pride, and cohesiveness in their families or organizations.
Countries with high institutional collectivism have individuals that identify with their families or organizations and obligations determine behaviors.
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