1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Verdich [7]
3 years ago
15

If a government is interested in knowing the total income of its citizens (including remittances, or money earned in a foreign c

ountry and sent back home), it should look at the _____. Gross Domestic Product (GDP) Gross National Product (GNP) economic cycle
Business
2 answers:
AleksandrR [38]3 years ago
7 0

Answer: Gross National Product (GNP)  

Explanation:

Gross National Product (GNP) is known to be the total value of all the goods (products) and services produced in a country in a year. Furthermore, it is used in measuring the economic activity of a country by taking record of all the incomes earned by the citizens in the country and outside the country. Thus, it is a tool in measuring the economic output of a country.

nexus9112 [7]3 years ago
4 0
If a government is interested in knowing the total income of its citizens (including remittances, or money earned in a foreign country and sent backhome), it should look at the Gross National Product (GNP) economic cycle. Both GDP and GNP are tools in measuring the economic output of a country for a particular period. The difference is that GDP focuses solely on what happens inside the country. GNP takes into account the foreign sources.
You might be interested in
Which of the following best describes the ordered pairs listed below? (-5, -7), (0, -12), (-5, -19), (8, -20)
viva [34]
It is not a function bc -5 repeats 2x
4 0
3 years ago
Sheffield Corp. earned $2120 for architecture services provided with the fee to be paid in the future. No entry was made at the
Kay [80]

Answer:  If the fee has not been paid by the end of the accounting period and no adjusting entry is made, this would cause: "d. revenues to be understated.".

Explanation: The income would be underestimated because the income of $2120 that corresponds to the service provided in the accounting period, must be recognized in the accounting period in which the economic events occur regardless of when the income of the funds occurs (accrual principle).

6 0
3 years ago
Exercise 05-14 Predicting sales and variable costs using contribution margin LO C2 Bloom Company management predicts that it wil
Stels [109]

Answer:

Explanation:

1. Fixed Costs = 160,000

Pretax income = 164,000

Total contribution desired = 324,000 [160,000+164,000]

CM Ratio = 0.25

Sales = 324,000/0.25 = 1,296,000

2. Variable costs = Sales - Fixed costs - Pretax income = 1,296,000 - 160,000 - 164,000 = 972,000

So Total Sales amount to $1,296,000 and Variable cost is $972,000

7 0
3 years ago
Read 2 more answers
Gutierrez Company reported net income of $225,000 for 2017. Gutierrez also reported depreciation expense of $45,000 and a loss o
Anestetic [448]

Answer:

                        Gutierrez Company

                       Cash Flow statement

                          for the year 2017

                                                                     $

Net Income                                              225,000                

+ Depreciation                                            45,000

+ Decrease in receivable                           15,000

+ Increase in payable                                  17,000

+ Decrease in prepaid expenses            <u>  4,000 </u>

Net cash flow from operating activities  <u>306,000</u>  

Explanation:

Depreciation is an non cash expense so it will be added to the net profit for the calculation of cash flow from operating activities. Decrease in receivable, Increase in payable  and decrease in prepaid expenses result in the inflow of cash. So, they are all added in the operating income value.

4 0
3 years ago
PLEASE!!!
Cerrena [4.2K]

Answer:

The example that represents economic globalization is:

D. a Japanese store selling tea and spices from South Asia

Explanation:

The reason behind this answer is that globalization is the concept designed to understand the economic activity of a certain country outside its borders and engaging commercial activities in its zone with different countries or in zones further away. Then, because they are doing business around the globe they are doing a globalization economy.

4 0
3 years ago
Other questions:
  • Johanna's grandmother gives her $8,000 to pay for the entire first year's tuition at a state college, a year from now. johanna p
    8·1 answer
  • Fiori Corporation's relevant range of activity is 4,700 units to 11,500 units. When it produces and sells 8,100 units, its avera
    8·1 answer
  • Carolyn gets a bank loan in order to purchase new tanning beds for her salon. In terms of the factors of​ production, how would
    7·2 answers
  • Concord Corporation had 2020 net income of $809,000. During 2020, Concord paid a dividend of $2 per share on 60,500 shares of pr
    8·1 answer
  • Carl represents a marketing channel intermediary company and gets paid a commission for finding business buyers and linking them
    7·1 answer
  • The liquidity preference model: a uses the demand and supply of money to determine the level of potential output. b uses the dem
    5·1 answer
  • On April 1, 2015, the City of Southern Ponds issued $3,500,000 in 4% general obligation, tax supported bonds at 101 for the purp
    6·1 answer
  • Click on my profile picture and open image <br><br> Get nae naed
    9·1 answer
  • Royce Co. acquired 60% of Park Co. for $420,000 on December 31, 2019 when Park's book value was $560,000. The Royce stock was no
    10·1 answer
  • A social media ad costs $2 per person reached and 60% purchase. A traditional media ad costs $0.10 per person
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!