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SashulF [63]
3 years ago
6

What is the difference between federal purchases and federal​ expenditures? A. The difference between federal purchases and fede

ral expenditures is so small that it is generally ignored. B. Federal purchases and federal expenditures both require that the government receives a good or service in return. C. Federal purchases require that the government receives a good or service in​ return, whereas federal expenditures exclude transfer payments. D. Federal purchases require that the government receives a good or service in​ return, whereas federal expenditures include transfer payments. Are federal purchases higher today than they were in​ 1960? A. As a percentage of​ GDP, federal purchases have remained unchanged since 1960. B. As a percentage of​ GDP, federal purchases have decreased since 1960. C. As a percentage of​ GDP, federal purchases have increased since 1960. Are federal expenditures higher today than they were in​ 1960? A. As a percentage of​ GDP, federal expenditures have decreased since 1960. B. As a percentage of​ GDP, federal expenditures have remained unchanged since 1960. C. As a percentage of​ GDP, federal expenditures have increased since 1960.
Business
1 answer:
Diano4ka-milaya [45]3 years ago
3 0

Answer:

D

B

C

Explanation:

Federal purchases are purchases of goods and services and it is required that the government receives a good or services in return, whereas federal expenditures is the sum of government purchases including transfer payments.

In relation to GDP, Federal purchases have decreased by almost half since 1960.

In relation to GDP, Federal expenditures have increased since 1960.

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3 years ago
"Scott Manufacturing Co.'s static budget at 10,000 units of production includes $40,000 for direct labor and $4,000 for electric
Assoli18 [71]

Answer:

Total costs= $75,000

Explanation:

Giving the following information:

For 10,000 units:

$40,000 for direct labor

$4,000 for electric power

Total fixed costs are $23,000

We need to determine the unitary variable cost for direct labor and electric power:

Unitary direct labor= 40,000/10,000= $4

Electric power= 4,000/10,000= $0.4 per unit

Now, for 12,000 units:

Total direct labor cost= 4*12,000= $48,000

Electric power= 0.4*12,000= $4,800

Fixed costs= 23,000

Total costs= $75,000

4 0
3 years ago
Dean has earned $70,000 annually for the past five years working as an architect for WCC Inc. Under WCC's defined benefit plan (
nadya68 [22]

Answer:

A. $7,350

Explanation:

The computation of the vested benefit is shown below:

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2 years ago
The value of what must be foregone in order to undertake an activity is known as Multiple choice question. opportunity cost. a t
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In business, people often make choices. Opportunity Cost is the value of what must be foregone in order to undertake an activity.

<h3>What is opportunity cost?</h3>
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An example is when a person spend their time and money going to a shop, one cannot spend that time at cooking, and you even did not spend the money on other things.

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2 years ago
Sheffield Corp. took a physical inventory on December 31 and determined that goods costing $165,000 were on hand. Not included i
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Answer: $272,570

Explanation:

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3 years ago
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