Answer:
is this a question? maybe you could give more context.
Answer:
The following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States
B) The costs of overfishing and other overly intensive uses of resources.
C) The value of baby-sitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.
D) The leisure time enjoyed by Americans
Explanation:
GDP is a tool that is used to measure a nation's economic performance, However, it has limitations due to its exclusion of non-market transactions.
- The limitations identified can be summarized as:
- GDP does not incorporate any measures of welfare.
- GDP only includes market transactions.
- GDP does not describe income distribution.
- GDP does not describe what is being produced.
- GDP ignores externalities.
Answer:
Materials handling= $60 per requisition
Machine setups= $110 per setup
Quality inspections= $95 per inspection
Explanation:
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
<u></u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Materials handling= 60,000/1,000= $60 per requisition
Machine setups= 55,000/500= $110 per setup
Quality inspections= 57,000/600= $95 per inspection
Answer:
Total PV= $26,176.63
Explanation:
Giving the following information:
Cash flow:
Cf1= $5,700
Cf2= $10,700
Cf3= $16,900
<u>To calculate the price of the investment now, we need to use the following formula on each cash flow:</u>
PV= Cf / (1+i)^n
PV1= 5,700/1.11= 5,135.14
PV2= 10,700/1.11^2= 8,684.36
PV3= 16,900/1.11^3= 12,357.13
Total PV= $26,176.63
People often have different expectations. If people have rational expectations, the sacrifice ratio could be much smaller than suggested by the short-run Phillips curve is a false a statement.
- The sacrifice ratio is said to be smaller than suggested by former estimates. The short-run phillips curve will ten to shift downward and the economy would reach low inflation very fast.
Rational expectations is known to be an economic theory. It simply states that when making decisions, individual agents will capitalize their decisions on the information that is best and available and they also learn from past trends.
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