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3 years ago

Which of the following behaviors are more likely to happen in a GOOD economy?

Business

1 answer:

harkovskaia [24]3 years ago

3 0

Answer:

A. Jordan takes out a loan to start a new business.

Explanation:

A good economy is one in which individuals and businesses are thriving in general sales and profit, lower rates of unemployment, low poverty rate and higher Gross Domestic Products (GDP).

Jordan taking out a loan to start a new business is a pointer to the fact that, there is an enabling environment for business with low interest rate.

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C publishing software

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3 years ago

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In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decr

Monica [59]

In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decrease in auto sales impacts GDP because new automobiles are counted as consumption when purchased by households and investment when purchased by businesses.

Gross domestic product (GDP) is the overall monetary or market value of all of the goods and services produced within a country's borders in a particular time period.

GDP can be calculated by adding up all of the money spent by consumers, businesses, and the government in a given period. It may also be calculated by adding up all of the money received by all the participants in the economy.

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2 years ago

arris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: S

Komok [63]

Answer:

$12,500

Explanation:

Absorption costing consider all the cost incurred in production either variable or fixed as production cost and all the operating costs as the period costs. It calculates the gross profit after deducting the cost of goods sold from the net sales and net income after deduction the operating costs from the gross profit.

First of all we need to calculate the product cost.

Manufacturing cost

Direct materials $19

Direct labor $61

Variable manufacturing overhead $7

Fixed manufacturing overhead $15

($135,000/9,000)

Total Product cost $102

Now We will calculate the Net Income

Sales (8,600 x $116) $997,600

Less: Cost of goods sold (8,600 x $102) $877,200

Gross Profit $120,400

Less:

Variable selling & admin expense $99,000

($11 x 9,000)

Fixed selling and admin expense $8,900

Net Income $12,500

6 0

3 years ago

suppose that last year a total of $12 billion in goods and services was exported to other countries while $8 billion was importe

Aneli [31]

Suppose that last year a total of $12 billion in goods and services was exported to other countries while $8 billion was imported. Net exports equal $4 billion.

In general, real GDP is calculated by dividing nominal GDP by the GDP deflator (R). For example, if the economy's prices rise by 1% from the base year, the deflation rate is 1.01. If nominal GDP is $1 million, real GDP is calculated as $1,000,000 / $1.01 or $990,099.

Equity and bond values are not included in GDP as they are not reissued annually. They may have been issued last year. Second, the stock a person buys is goods and services, and the company reuses the money invested to buy the asset, so the value is calculated twice.

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8 0

1 year ago

Governments collect taxes to ensure that

VladimirAG [237]

Answer:

Your eligible to take care of your self and pay things you have going on including: Depth, Late payment, Rent

Explanation:

5 0

3 years ago