According to the Ajzen model, the strongest predictor of an employee’s behavior is (are):

Suppose during a year an economy produces $10 trillion of consumer goods, $4 trillion of investment goods, $6 trillion in govern

Svetlanka [38]

Answer:

The correct answer is $19 trillion

Explanation:

Gross Domestic Product (GDP) is the total market or monetary value of all the goods and services produced by a country within its borders over a given period of time. It is used as a measure of a country's economic health, due to its broad coverage.

The formula for calculating GDP is: GD P = C + I + G + ( X − M )

where :

C = private consumption (consumer goods)

I = gross investments (investment goods)

G = government investments or government spending (govt. services)

X = export

M = import

Therefore:

GDP (in trillion) = 10 + 4 + 6 + (4 - 6) = 10 + 10 - 1 = $19 trillion dollars.

Please note that there is the nominal GDP and real GDP.

Nominal GDP is the total value of all the final goods and services a country produces within a year, while real GDP is the value of the goods and services produced within a year, putting inflation effects into account.

5 0

3 years ago

On January 1, 2021, the Excel Delivery Company purchased a delivery van for $111,000. At the end of its five-year service life,

sveta [45]

Answer:

Annual depreciation = $44,400

Explanation:

Given,

Purchase price of the delivery van = $111,000

Salvage value = $11,400

Useful Life = 5 years

We know that

annual depreciation under double declining balance (%) = (100%/useful life)*2

Putting the value in the formula, Annual depreciation (%) = (100%/5)*2

= 40%

Annual depreciation = Purchase Price*Percentage of annual depreciation

Annual depreciation = $111,000*40% = $44,400

6 0

3 years ago

What phrase describes businesses who develop a positive relationship to<br> society

Free_Kalibri [48]

Social responsibility

7 0

3 years ago

Following is partial information for the income statement of Audio Solutions Company under three different inventory costing met

Tamiku [17]

Answer:

The computation is shown below:-

Explanation:

1. FIFO LIFO Average cost

Cost of goods sold

Beginning inventory $11,200 $11,200 $11,200

(400 units × $28))

purchases $16,625 $16,625 $16,625

(475 units × 35)

Goods available for use $27,825 $27,825 $27,825

Ending inventory $18,025 $15,575 $16,695

(525 units)

Cost of goods sold $9,800 $12,250 $11,130

under ending inventory = 475 × $35 + 50 × $28

FIFO = $18,025

LIFO ending inventory 400 × $28 + 125 × $35

= $15,575

Average cost = $27,825 ÷ $875

= 31.8

Ending inventory = 525 × 31.8

= $16,695

2. FIFO LIFO Average

Sales

(307 × $50) $15,350 $15,350 $15,350

Cost of goods sold $9,800 $12,250 $11,130

Gross Profit $5,550 $3,100 $4,220

Expenses $1,680 $1,680 $1,680

Net income $3,870 $1,420 $2,540

3. FIFO = 3

LIFO = 2

Average = 1

5 0

3 years ago

At Lequals86, Kequals90, the marginal product of labor is 8 and the marginal product of capital is 2. What is the marginal rat

Sidana [21]

Answer:

0.25

Explanation:

The marginal rate of technical substitution (MRTS) can be described as the rate of a reduction is one factor to maintain the same production level when another factor is increased.

Given that labor is measured on the horizontal axis, the MRST of K for L can be calculated as follows:

$MRST_{KL} = \frac{MP_{K} }{MP_{L} }$

Where;

MPK = Marginal product of capital = 2

MPL = Marginal product of labor = 8

Substituting the values into the equation, we have:

$MRST_{KL} = \frac{2}{8} =\frac{1}{4} = 0.25$

This implies that 0.25 of capital must be given up to have one unit of labor.

3 0

3 years ago