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ra1l [238]
2 years ago
10

Which of the following events would cause GDP for 2019 to increase?

Business
1 answer:
Dominik [7]2 years ago
4 0

Answer:

C In May 2019James buys a 2019 Honda Accord .

Explanation:

GDP refers to a country's monetary value of all the finished goods and services produced in a particular year. GDP incorporates the value of products and services produced within the country's boundaries regardless of who produced them.

Economists calculate GDP for a particular year by considering only the finished goods or services in that year. They calculate GDP using either the income, expenditure or the production approach. In any of the approaches, only the Honda produced and sold in 2019 will add to the GDP of 2019. The products that were finished in 2018 were accounted for in GDP for 2018.

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​Currency markets operate under a system of _____ in which the prices of different currencies move up or down based on the deman
neonofarm [45]

Answer: Floating exchange rate                

             

Explanation: The floating exchange rate is a mechanism under which a country's exchange prices are set by the supply and demand-based foreign exchange market compared to other currencies. It compares with a fixed exchange rate, wherein the government decides the rate completely or mainly.

Floating currency regimes mean that lengthy-term currency price movements represent relative economic power and country-to-country rate of interest differences.

A currency that is too high or low may have a negative impact on the country's economy, impacting trade and debt-paying efficiency. The state or banking system would try to take action to bring their currencies towards a more desirable level.

4 0
2 years ago
1. The period of time a person is expected to be in the work force is referred to as: a. Retirement life expectancy. b. Work lif
NeX [460]

Answer:

Work life expectancy

Explanation:

Work life expectancy can be defined as the period of time than an l individual is expected to be actively involved in the workforce. An individual's work life is greatly influenced by a number of different factors including educational height, health, marital and family responsibilities, economic opportunity, and additional sources of income.

Work life expectancy could also influenced by the high rate of unemployment in the economy and an individual's voluntary or involuntary withdrawal from the workforce.

6 0
3 years ago
Read 2 more answers
Is the owner or any bots or a co-owner on here i need to talk<br><br>If you are not DO not REPLY
timama [110]
What exactly do you need to talk about… but hey i’m here lol
4 0
2 years ago
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Calculate the cost price of one of the following if 10 pencils = $ 110.00
mina [271]

Answer:

The pencils are 11 dollars.

Explanation:

110/10 is 11

11 times 10 is 110

11 + 11 + 11 + 11 + 11 + 11 + 11 + 11 + 11 + 11 = 110

6 0
3 years ago
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Assume (1) a predetermined overhead rate of $8.00 per machine-hour, (2) actual machine-hours worked during the period of 54,000
rodikova [14]

Answer:

Allocated MOH= $432,000

Explanation:

Giving the following information:

Predetermined overhead rate of $8.00 per machine-hour

Actual machine-hours worked= 54,000 hours

<u>To calculate the allocated overhead, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 8*54,000

Allocated MOH= $432,000

7 0
3 years ago
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