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Anestetic [448]
3 years ago
9

Which of the following activities are either not accounted for or are measured inaccurately in calculations of GDP for the Unite

d States?a. An MP3 player that is made in China, and sold in the United States b. The leisure time enjoyed by Americans c. Funds spent by city governments to renovate their buildings d. The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government e. The loss of enjoyment people incur when scenic land is converted to commercial use
Business
1 answer:
rewona [7]3 years ago
8 0

Answer:

b. The leisure time enjoyed by Americans

d. The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government

e. The loss of enjoyment people incur when scenic land is converted to commercial use

Explanation:

Many people have criticized GDP as a measure of well being, they believe GDP is not able to capture all the activities that should be represented in the measurement of well being in an economy.

They argue that GDP does not take into consideration leisure time and no adjustment is made for it in its computation.

Another argument is some services paid in cash not reported to the government is missing from the GDP computation, such as the value of babysitting services paid in cash.

The GDP doesn't account for loss of enjoyment people incur when scenic land is converted to commercial use.

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Product J is one of the many products manufactured and sold by Oceanside Company. An income statement by product line for the pa
allochka39001 [22]

Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

Variable Cost = Cost of Goods Sold × (100 - Estimate Percentage of Cost of Good Sold) + Operating Expenses × ( 100 - Operating Expenses Fixed Percentage)  

= 186,500 × (100 - 30%) + 85,750 × (100 - 40%)

= 186,500 × 70÷100 + 85,750 × 60÷100

= $130,550 + $51,450

= $182,000

Fixed Cost= Cost of Goods Sold × Estimate Percentage of Cost of Good Sold + Operating Expenses × Operating Expenses Fixed Percentage

= $186,500 × 30÷100 + $85,750 × 40÷100

= $55,950 + $34,300

= $90,250

Differential analysis

Particular  Product J continue   Product J discontinue  Difference on income

Sales             275,000                       0                      -275,000

Variable cost     182,000                       0                  182,000

Fixed cost    90,250                            90,250                        0

Income (Sales-Variable Cost-Fixed Cost) 2,750 -90,250 -93,000

According to the analysis, project J should not be discontinue because if project j discontinue variable cost doesn’t occur, but fixed costs still occur.

8 0
3 years ago
​japan's largest paper​ company, nippon​ seishi, has decided to own huge forests and corresponding processing facilities in​ aus
Gre4nikov [31]
<span>A.guarantee a steady flow of its wood pulp</span>
7 0
3 years ago
A company using the perpetual inventory system purchased inventory worth $ 22 comma 000 on account with terms of 2​/10, ​n/30. D
EastWind [94]

Answer:

Discount = $420

Explanation:

Inventory purchased = $22000

Defective inventory = $ 1000

to find out

amount of the purchase discount that would be available to the company is​

solution

we know Inventory purchased = $22000

and return is $1000

so Net Purchases = $22000  - $1000

Net Purchases = $21000

so

discount claim for $21000  is 2%

Discount = 2% of $21000

Discount = $420

4 0
3 years ago
DeBondt and Thaler (1985) found that the poorest-performing stocks in one time period experienced __________ performance in the
Goryan [66]

Answer:

DeBondt and Thaler (1985) found that the poorest-performing stocks in one time period experienced <em>good</em> performance in the following period and that the best-performing stocks in one time period experienced <em>poor</em> performance in the following time period.

Explanation:

DeBondt and Thaler carried out a study that examined stocks of 35 worst and best performing firms over a previous five-year period.The study showed that over the following three-year period, the firms that were previously performing poorly performed better than the former best performing firms, by an average of 25%.This reversal in the fortunes of stocks of firms in the following period is called the Reversal Effect.

5 0
3 years ago
Nissley Wedding Fantasy Corporation makes very elaborate wedding cakes to order. The owner of the company has provided the follo
Scrat [10]

Answer:

$62.00

Explanation:

Given data (Twersky Wedding):

Size-related:               $1.15/guest

Complexity-related:   $28.24/ tier

Order-related:            $74.74/order

Guests:                        120

Tiers                             5

Order                            1

Calculations:

Size related ($1.15 per guest × 120 guests):            $138.00

Complexity-related ($28.24 per tier × 5 tiers):        $141.20

Order-related ($74.74 per order × 1 order):             $74.74

Cost of purchased decorations for cake:                $54.66

______________________________________________

Total cost                          $408.60

Charges                            $470.60

Overall margin = Charges - Total cost = $470.60 - $408.60 = $62.00

Hope this helps!

6 0
3 years ago
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