Explanation:
1. Working "off of books involves working within the underground economy, in which government economic activities are hidden to avoid taxation or laws, or in which products and services are sold illegally.
2. As the government is shielded from activities within the informal economy, they would not be included in GDP figures.
3. If GDP is calculated accurately, the government will find it difficult to set strategies to accomplish macroeconomic objectives. Normally, the government does not receive tax revenue from illegal sales. This could result the government to raise taxes on non-underground company individuals and companies, thus prohibiting their jobs, saving and investment.
Answer:
computer space
Explanation:
it was designed ny Bushnell and Ted Dabney
<u>Studies indicate that the price elasticity of demand for beer is about 0.9. A government policy aimed at reducing beer consumption changed the price of a case of beer from $10 to $20. According to the midpoint method, the government policy should have reduced beer consumption by</u> (c) 60%.
Explanation:
T<u>he Price elasticity of demand (PED or Ed) </u>is defined as a measure used in economics to show the relation or elasticity of the quantity demanded of a good or service to increase in its price when only the price changes.
<u>The price elasticity of demand is calculated as the percentage change in quantity divided by the percentage change in price.</u>
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<u>Studies indicate that the price elasticity of demand for beer is about 0.9. A government policy aimed at reducing beer consumption changed the price of a case of beer from $10 to $20. According to the midpoint method, the government policy should have reduced beer consumption by</u> (c) 60%.
Answer:
Name of the firm as determined by all the partners.
Name and details of all the partners of the firm.
The date on which business commenced.
Explanation:
The difference between salaries and wages is that a salary is a fixed amount of money per pay period and a wage is money earned by the hour.
