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ra1l [238]
3 years ago
10

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

Business
1 answer:
Dominik [7]3 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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If a new-car loan costs 6%, a used-car loan would cost approximately ___ percent
Rufina [12.5K]
I'm guessing it's like half of that.
So 3%.
However, I saw online 4.9 %
8 0
3 years ago
1._____________is the difference between earned income and costs. 2. An organization that produces or distributes a good or serv
Anestetic [448]

Answer:

1. Profit

2. Business

Explanation:

      Profit may be defined as the income which is distributed to the owner in the production process of a profitable market. In other words it is the extra revenue generated by the company that is in excess of the money spend as expenses. It is the difference between the earned income and the costs.

        Business is a regular work or occupation or trade of a person. It refers to an organized efforts as well as the activities of any individual to produce the goods and services and sell them for a profit.

7 0
3 years ago
On Jan 5, a customer returned merchandise that had been purchased earlier on credit. The original sale was for $500, and the cos
Elodia [21]

Answer:

Debit Sales Returns and Allowances $500; debit Merchandise Inventory $150; credit Accounts Receivable $500; and credit Cost of Goods Sold $150.

Explanation:

Based on the information given the required appropiate journal entry to record the return on the books of the seller, in a situation were the goods can be sold to another customer is :

Debit Sales Returns and Allowances $500

Debit Merchandise Inventory $150

Credit Accounts Receivable $500

Credit Cost of Goods Sold $150

(To record the return on the books of the seller)

6 0
3 years ago
What does it mean for a savings account to have a minimum balance?
Fittoniya [83]

Answer:

D

Explanation:

A savings account is an account owned by an individual at a bank. He keeps his money there, and earn interest at the end of the month for his savings.

A minimum balance is sometimes required by the banks for a savings account, customers are expected to keep such minimum balance always if not, the account will be closed down.

5 0
3 years ago
. In the year 1985, a house was valued at $110,000. By the year 2005, the value had appreciated to $145,000. What was the annual
Monica [59]

Answer:

the annual growth rate between 1985 and 2005 is 1.38%

Explanation:

The computation of the annual growth rate between 1985 and 2005 is shown below:

Future value = Present value × e^(rate × time period)

$145,000 = $110,000 × e^(rate, 20)

$145,000 ÷ $110,000 = e^(rate, 20)

e^(rate, 20) = 1.318

Now take the log in both the sides

In(e^(rate, 20)) = ln(1.318)

r = ln(1.318) ÷ 20

= 1.38%

Hence, the annual growth rate between 1985 and 2005 is 1.38%

4 0
3 years ago
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