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
mojhsa [17]
3 years ago
13

Which of the following statements about the consumption component of GDP is not​ correct?

Business
1 answer:
Assoli18 [71]3 years ago
3 0

Answer:

D. Spending on services is smaller than the amount of consumption spending on durable and nondurable goods.

Explanation:

For developed countries like the U.S, there is a lot of stress in consumption of services such as good health care, appropriate and quality education and among others. These services contribute to a larger proportion of consumption component of GDP than both durable and nondurable commodities. Therefore, the statement “spending on services is smaller than the amount of consumption spending on durable and non-durable goods” is not correct

You might be interested in
You are a dual income, no kids family. You and your spouse have the following debts (total): mortgage, $290,000; auto loan, $15,
aleksley [76]

Answer:

Total Insurance need          $166,500

Explanation:

Life insurance [DINK method]

Amount mortgage loan (half)  $145,000  

Auto loan(half)                   $7,500  

Credit card balance(half)  $2,000  

Other debts(half)               $4,000  

Funeral cost                          $8,000  

Total Insurance need          $166,500

7 0
2 years ago
GPB's contribution margin ratio is 85% ( or .85) and its fixed monthly expenses are $63,000. Assume that the cost structure of G
KIM [24]

Answer:

Net income= $24,550

Explanation:

The contribution margin ratio is <u>the result of deducting from sales all the variable costs, </u>expressed as a<u> percentage.</u>

<u></u>

<u>First, we need to calculate the total contribution margin:</u>

Total contribution margin= sales*contribution margin ratio

Total contribution margin= 103,000*0.85

Total contribution margin= $87,550

<u>Now, the net income:</u>

Net income= 87,550 - 63,000

Net income= $24,550

7 0
3 years ago
Find the most recent federal deficit as a percentage of GDP of the United States. Suppose that the federal budget deficit was el
erica [24]

Answer:

Government Budget is considered as the prevalent piece of its organization which oversees the income and the use of the US country. The Budget has the goal of guaranteeing the ideal assignment for the open government assistance decisions in the territory of Health, Education, Infrastructure, Defense and Corporate undertakings, and so forth. Despite the fact that US country dispenses gigantic assets so as to spend on social government assistance objectives, it faces the basic circumstance of spending shortage with the significant drop in the GDP in the hour of downturn period.  

The impact on the Long-run capital stock per specialist will be decreased to the impressive impact. The impact will be over the long haul with the activity of overcoming any issues between the work openings and the pace of the amount of the creation units. As it was referenced before that the steady status of Private Savings is reflected in the activity of US national government by disbanding the shortage spending plan. This will turn showed the away from of amount of creation of merchandise and enterprises expanded by giving more motivations and making increasingly corporate based foundation offices to the business people. So it gave ideal work offers to the talented representatives. So we can express the impacts of the since quite a while ago run capital stock per specialist.  

This likewise offers the response for the impact on since quite a while ago run yield per laborers. Greater amount of products and ventures are created by adjusting with the administration spending on country building exercises together with spending for the corporate addition exercises. Corporate Profits are guaranteed here just when the legislature gives sponsorships to the new business people when they produce the merchandise by taking care of the peripheral expense and furthermore expanding the yield relating to the each laborer utilized to create each unit of creation of products and ventures. So it likewise produce over the long haul time frame.

4 0
3 years ago
The opportunity cost of receiving a 93 on the economics exam is ______ points on the statistics exam.
rosijanka [135]

The opportunity cost of receiving a 93 on the economics exam is productive efficient points on the statistics exam.

Whst is opportunity cost?

The "opportunity cost" of choosing one course of action over another is the potential profit lost due to a missed opportunity. Add all of the potential costs together to get the opportunity cost.

The economics are the examine the productive efficient of the opportunity cost. The production of the goods are the lowest cost as possible unit cost.

As a result, the opportunity cost of the 93 are the reciving of the productive efficient.

Learn more about on opportunity cost, here:

brainly.com/question/13036997

#SPJ4

6 0
1 year ago
Sally, Greg, John, and Amar are working on a project for a customer that is aimed at cutting the client's electrical costs. The
vodomira [7]

Answer: Virtual organization

Explanation:

Virtual organization is a firm of organization whereby the members or the employees are geographically apart and not at the same place and therefore communicates by using their e-mails, phones, collaborative computing, or any other means of communication.

The virtual organization is what is being used by Sally, Greg, John, and Amar in the question above.

7 0
3 years ago
Other questions:
  • here is much dispute over the impact that the Internet has had on today’s youth. Based on the information you learned in this le
    9·2 answers
  • (a) how much more output does the $18 trillion u.s. economy produce when gdp increases by 1.0 percent? instructions: enter your
    15·1 answer
  • Cost standards for one unit of product no. C77: Direct material 3 pounds at $2.50 per pound $ 7.50 Direct labor 5 hours at $7.50
    12·1 answer
  • During the year, ABC had the following cash flows: receipt from customers, $10,000; receipt from the bank for long-term borrowin
    13·1 answer
  • Agile teams require motivated members with a higher level of commitment, and agile teams have all of the following desirable tra
    6·1 answer
  • On February 1, 2020, Nelson Corporation purchased a parcel of land as a factory site for $320,000. An old building on the proper
    9·1 answer
  • Jacob Smith overheard that Joe Dunn was blowing the whistle on managers at XYZ Company and that a full story would appear in Sun
    13·1 answer
  • Question Mode Multiple Choice Question One of the main benefits of the euro's adoption has been ___________, which facilitates t
    10·1 answer
  • I.       What is meant by derive demand?  a. The demand is derived in beginning economic classes.
    9·1 answer
  • What economic theory would be most likely to make a person oppose taxing imports?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!