<span>production coefficients.
factors of production.
production technologies.
production aggregates.</span>
Answer:
Shally will not having any amount of bad debt deduction for the present year.
Explanation:
In the present year, Shally will not having any amount of bad debt deduction because she has a gain or income of $5,000. As, last year she has account receivable of $60,000 but this year she settled the account by receiving the $65,000 amount. So, she has received more amount than the basis in the receivable. Therefore, she will not have any bad debt deduction this year.
Answer:
The correct answer is letter "D": $24.
Explanation:
Opportunity cost can be defined as the cost of the best next available option after taking another decision in regards to a situation. It is also the return that the chosen option provides compared to the return that could have provided the option that was forgone.
In this case, choosing to go to the local carnival will represent losing one hour of working as a coach assistant ($15). Besides, as there is a $9 admission fee to the carnival, you will need to spend that money. Thus, the total opportunity cost of going to the carnival instead of working is $24 (<em>$15+$9=$24</em>).
Answer:
correct option is B.$2,273
Explanation:
given data
purchased = $150,000
building = $100,000
land = $50,000
to find out
Tom's maximum depreciation for this first year
solution
we will apply here The mid month convention applies
and recovery period for Residential property = 27.5-year
maximum depreciation will be here as
maximum depreciation = $100,000 × 2.273%
maximum depreciation = $100,000 × 0.02273
maximum depreciation = $2,273
so correct option is B.$2,273
Answer:
The correct answer is letter "A": includes production of foreigners working in the U.S. but excludes production by U.S. residents working in foreign countries.
Explanation:
The Gross Domestic Product or GDP represents the overall market value of all the goods and services a country produces. The GDP measures the size of the economy and it is determined by the following formula:
GDP = C+ G + I + NX
Where:
C = Private consumption
G = Government spending
I = Businesses' capital spending
NX = Net exports (exports-imports)
Labor is part of the GDP as well. It could be included in government spending or capital spending. <em>A nation's labor productivity is the sum of all the labor force production within the country regardless of the nationality of the workers</em>. <em>Citizen's productivity working abroad will be included in the GDP of the country where they work</em>.
