The existence of the underground economy causes gross domestic product (gdp) statistics to understate the true volume of economic activity. An underground economy unrecorded and untaxed economic activity by the government. An underground economic is also known as the black market. Gross domestic product also know as GDP is the total value of goods and services provided in a country during one year.
Answer:
A. It helps politicians win support from their constituents
Explanation:
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Answer:
True
Explanation:
However, they will have to pay company income tax and other taxes in the US.
Also, if they import raw materials into the US from their home country or any other country, they would still be subject to import duties except the US government has a favorable tariff policy that exempts the payment of import duties on certain imported products.
Asides from import duties, there are many other factors to be considered before deciding to set up a company in the international economy. Sometimes, paying the import duties may be cost effective and more efficient for the company than setting up a subsidiary in the US.
It is a fuse.
A fuse will melt and disconnect the circuit if the current in the circuit becomes dangerously high (according to Physics 1)
Answer:
Increase in income= $19,200
Explanation:
Giving the following information:
Clyde Corporation's variable expenses are 40% of sales. Clyde Corporation is contemplating an advertising campaign that will cost $27,000.
Increase in income= increase in sales - increase in variable cost - marketing campaign
Increase in income= 77,000 - (77,000*0.40) - 27,000= $19,200