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
aniked [119]
3 years ago
5

Amy has a card shop. She receives a shipment of Valentine's Day cards in December 2011 made by a card manufacture in that month.

Amy pays the wholesale distributor of the cards a total of $500. In February 2012, she sold all the cards for a total of $800. What are the contributions of these transactions to GDP in 2011 and 2012?
Business
1 answer:
Firdavs [7]3 years ago
6 0

Answer:

The contributions of these transactions is a reduction to GDP by $500 in 2011 and an increase in GDP by $800 in 2012.

Explanation:

GDP is the abbreviation for gross domestic product which is the monetary value of all finished products (goods and services) made within a country during a specific period (usually a year). In the determination of a country's GDP, imports are subtracted while exports or sales are added.

Therefore considering that Amy received a shipment of Valentine's Day cards in December 2011 paying a total of $500 and sold all the cards for a total of $800 in February 2012, the contributions of these transactions is a reduction to GDP by $500 in 2011 and an increase in GDP by $800 in 2012.

You might be interested in
Which of the following best describe the interrelated components of internal control? Risk assessment process, backup facilities
kvasek [131]

Answer:

<em>Control environment; risk assessment process; control activities; the information system, including related business processes; and monitoring of controls.</em>

Explanation:

<em>From the following, the </em><em>OPTION which best illustrates the interrelated components </em><em>of internal control is </em><em>OPTION (C).</em>

Because as we know that interrelated components of internal control consists of co-ordination, as well as handling and controlling the system, taking illustration of the work and making of positive decisions.

So this is the reason OPTION (C) will be the answer, as it also consist all of the components which are present in interrelated components of internal control.

6 0
3 years ago
The manager of a clothing store in the mall has hired five new employees for the summer. All of them have just graduated from hi
Pepsi [2]

Answer:

Theory X

Explanation:

It is correct to say that this manager is using the management approach known as theory X, which is a philosophy that says employees work only for the benefits they receive, and that they avoid job responsibilities, so management must be inflexible and follow the hierarchy of functions, with the manager being responsible for a high degree of supervision of the work and the responsibility of the employee for any error.

Theory X may not be ideal for the current administration, where the focus of organizations are people and the formation of a culture focused on innovation and collaboration.

5 0
3 years ago
Which of the following is the least reliable resource for fraud statistics? a. Fraud perpetrators. b. FBI agencies. c. Health ag
Stells [14]

Answer:

The correct answer is A) Fraud perpetrators.

Explanation:

Being fraud a crime it is normal to think of certain attributes that make us determine some characteristics of criminals; Preconceived are: poor education, bad manners, and bad by nature. Scholars of criminal behavior have determined certain personality characteristics of the fraud perpetrator that are far from the stereotypes cited.

3 0
3 years ago
Paris operates a talent agency as a sole proprietorship,and this year she incurred the following expenses in operating her talen
Juliette [100K]

Answer:

A) $450.

Explanation:

The computation of the total deductible amount of the expenses is as follows:

In the case of the deduction with respect to the meal cost and entertainment. Only the half of the expense would be deducted i.e. for the business meeting

As in the question the opera tickets is $900 so the half of $900 i.e. $450 would be allowed as a deduction

Therefore the correct option is A.

6 0
3 years ago
Describe the difference between multitasking and combining tasks.
Alika [10]
Multitasking means doing two task at the same time without disturbing any of the two task.
Combining tasking means doing the task by combining means like...both of them are processing one after one for a little bit of time...
5 0
3 years ago
Read 2 more answers
Other questions:
  • Woody Corporation acquired 70% of Buzz Company’s voting common stock on January 1, 20X3, for $158,900. Buzz reported common stoc
    7·1 answer
  • Why is this topic a problem, especially for teen drivers? 2. find two statistics that prove your topic is a problem for teen dri
    15·1 answer
  • Starting from a long run steady state equilibrium, a variety of expansionary fiscal and monetary policies were undertaken. The p
    13·1 answer
  • A company has two products: standard and deluxe. The company expects to produce 43,681 Standard units and 39,390 Deluxe units. I
    7·1 answer
  • Sharon knew that her established customers liked her product much better than the competitors. She was planning to expand into n
    9·2 answers
  • A supplier to Ford stamps out parts using a press. Changing a part type requires the supplier to change the die on the press. Th
    7·1 answer
  • What the fraction of 0.10 ;)<br><br><br> Anyone live in ny (only answer if you live in ny)
    8·1 answer
  • Lead Was Once Used in Makeup​
    6·2 answers
  • Patriot Company produces flak jackets for military use. The company recently adopted a standard costing system and set the follo
    12·1 answer
  • Which is not a type of payroll deduction?
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!