True or false: transfer payments are accounted for in the consumption component of gdp. true false

the length and Length breadth and height of a room in a house are 8m 6m and 4m respectively the house on a decides to paint the

trasher [3.6K]

Answer:

$Cost\ of\ 112m^2 = 4.48$

Explanation:

Given

Dimension

$Length= 8m$

$Breadth = 6m$

$Height = 4m$

Cost per $m^2$ = 0.04

Required

Determine the total cost to paint 4 walls

First, we need to calculate the area of the 4 walls.

$Area = 2*(Length * Height) + 2 *(Breadth * Height)$

Substitute values for Length, Breadth and Height

$Area = 2*(8m* 4m) + 2 *(6m* 4m)$

$Area = 2*(32m^2) + 2 *(24m^2)$

$Area = 64m^2 + 48m^2$

$Area = 112m^2$

Cost per $m^2$ = 0.04.

$Cost\ of\ 112m^2 = 112 * 0.04$

$Cost\ of\ 112m^2 = 4.48$

8 0

2 years ago

Which of the following equals the amount of public saving?

ollegr [7]

Answer:

The answers are:

A) Government tax revenue minus the sum of government purchases and transfer payments to households.
B) a budget surplus

Explanation:

The formula to calculate public saving is (T - G - TR).

T stands for all the government revenue through taxes and tariffs.
G stands for all the government spending including purchase of goods and provision of services.
TR stands for all the government transfers including payments to individuals and households through social programs (including social security).

Budget surplus is the same as public saving.

3 0

3 years ago

The united states and kenya are exploring the possibility of a trade deal. ________ refers to a situation in which a government

snow_tiger [21]

Free trade refers to a condition in which a country does not attempt to limit what its citizens can buy from or sell to another country.

<h3>Free trade</h3>

They can extend new markets, increase gross domestic product, and invite new acquisitions.Countries must negate the domestic advantages of free trade agreements with their results.

Under a free trade policy, goods and services can be purchased and sold across international borders with little or no government tariffs, quotas, grants, or prohibitions to inhibit their exchange. The idea of free trade is the opposite of economic isolationism.

To learn more about economic isolationism visit the link-

brainly.com/question/10663307

#SPJ4

5 0

1 year ago

In the context of management planning, _____ refers to high-level, long-term planning that establishes a vision for the company,

ziro4ka [17]

Answer:

Strategic Planning

Explanation:

Strategic plan accounts for long term goals and vision of a company. While planning strategically, leaders draw the road map for their company which solves how-to questions in achieving those goals. Moreover, through their set priorities, the company's value and vision would also be sorted out. As there are multiple planning dimensions, strategic planning can be differentiated from the others by identifying these 2 factors.

Time Horizon: Strategic planning is done for the long term usually for 5-6 years.
Formation of plan: Within the hierarchy of an organization only high-level leaders are the ones responsible to come up with strategic planning.

5 0

2 years ago

A company earned net income of $ 80 comma 000 during the year ended December 31, 2016. On December 15, the company declared th

saw5 [17]

Answer:

Retained Earnings increased $28,650 in 2016.

Explanation:

The total increase in Retained Earnings account = Net income = $80,000;

The total decrease in Retained Earnings account = Dividend paid to common shares + Dividend paid to preferred shares = Dividend per common share x Number of common share outstanding + % dividend on preferred stock x par value of preferred stock x number of preferred stock outstanding = 0.75 x 65,000 + 2% x (130,000 / 13,000) x 13,000 = $51,350;

So, Net effect on Retained Earnings Account = $80,000 - $51,350 = $28,650 ( increase).

5 0

3 years ago