Complete Question:
One of the long-run effects of higher government budget deficits:
A. is growth in the economy's private sector at the same time the government sector shrinks.
B. a redistribution of real Gross Domestic Product (GDP) away from government-provided goods and toward more privately provided goods. C. a fall in the equilibrium price level.
D. an increase in the government's share of the nation's economic activity.
Answer:
D. an increase in the government's share of the nation's economic activity.
Explanation:
One of the long-run effects of higher government budget deficits is an increase in the government's share of the nation's economic activity because it would be mainly responsible for funding of the economy, thereby causing higher real Gross Domestic Product (GDP).
A government budget deficit arises when government expenses exceed it's revenue.
It usually expresses the financial health of a nation over a period of time.
Answer:
Being able to find other entrepreneurs that are interested in the same target market, learning from their experience, asking for their help and building PR relations
Answer:
OPTION D: Direct Labor and Direct Material
Explanation:
Prime cost of a product is defined as the direct costs of producing a product including direct material costs and direct labor costs. Any other manufacturing overheads, indirect expenses and indirect materials/labor cost are not included in the calculation of PRIME COSTS
.
Prime Cost = Direct Material Cost + Direct Labor Cost
Therefore, OPTION D: direct Labor and direct materials is the correct definition of prime costs.
Answer:
d. $13,575
Explanation:
The cost of the equipment includes all the cost incurred to bring the equipment to a state where it becomes available for use.
These costs are the cost of the equipment, sales tax, freight, repairs during installation and installation cost.
Therefore,
Cost of the equipment = $12,000 + $800 + $200 + $350 + $225
= $13,575
The right option is d. $13,575.
HR organizations, mainly.
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