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adoni [48]
3 years ago
9

Unemployment compensation is a. not part of GDP because it is a transfer payment. b. part of GDP because the recipients must hav

e worked in the past to qualify. c. not part of GDP because the payments reduce business profits. d. part of GDP because it represents income.
Business
1 answer:
Alex17521 [72]3 years ago
4 0

Answer:

a. not part of GDP because it is a transfer payment.

Explanation:

Unemployment compensation includes the funds given to a worker who is currently without a job but actively seeking one. Usually, it is funded from the taxes given to the state by employers.

GDP is the measure (in terms of money) of all goods made or services given in a time period (usually a year) in a particular country. Since the unemployment compensation does not reflect any produced goods or services, it is a <em>transfer paymen</em>t. Thus, it is not included in the GDP.

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<span>In order to assess who is correct the exact nature of the tire needs to be seen in more detail. If the tire has been damaged by driving, a crash or some other method, than Technician B would be correct because the tire would need to repaired. However, if tires is moving funny as a result of a bump or some other impact to it, then it could be that the weights have become mis-aligned and then Technician A would be correct in that re-balancing solves the problem.</span>
7 0
3 years ago
Which of the following is not correct?
Lilit [14]

Answer:

Option (D) is incorrect

Explanation:

Gross domestic product is a monetary value of all finished goods produced in a country within a specific time. Purchases of capital goods are included on the GDP. More importantly, government purchases are an important aspect in the calculation of gross domestic product. Purchases of the current year are included and only purchases of previous years are excluded.

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3 years ago
Medicare covers the cost of care in what countries besides the united states
grin007 [14]

Medicare coverage outside the United States is limited. mostly, Medicare won’t pay for health care or supplies you get outside the U.S. The term “outside the U.S.” means anywhere other than the 50 states of the U.S., the District of Columbia, Puerto Rico, the U.S., Guam, American Samoa, and the Northern Mariana Islands, Virgin Islands.

3 0
3 years ago
Identify the importance of accounting by selecting the statement that is correct below. Multiple choice question. Accounting inf
Zielflug [23.3K]

Answer:

Accounting information helps users make business and financial decisions.

Explanation:

Users of accounting information are divided into :

  1. Internal users
  2. External users

Internal users include : owners, managers, employees

External users include : shareholders, tax authority, regulatory bodies

Based on the information contained in the financial information a shareholder can decide if to invest in a company or not to.

Also, mangers can decide to invest in new ventures based on the information on profitability contained in the financial statements.

6 0
3 years ago
Which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure m
salantis [7]

The value of baby sitting services when the baby sitter is paid in cash and the transaction isn't reported to the government

Explanation:

Some of the values and the transactions are not added to the GDP and there are many off the book activities which are not included in the GDP and one such activity is baby sitting

In the US many people get paid off for baby sitting and the money that they are paid are not added to the economy and it does not account the enjoyment of the people and the loses that incur during the loss of enjoyment of the people

5 0
3 years ago
Read 2 more answers
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