Answer:
increased measured GDP by the full value of the restaurant meals.
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government Spending + Net Export
Some items are not included in the calculation of GDP. Some of these items are :
1. Services rendered to ones self
2. Intermediate goods
3. Illegal activities
4. Transfer payment by government.
Households cooking at home is an example of services rendered to ones self and it is not included in the calculation of GDP.
While services rendered by resturants are included in the GDP through consumption spending by households.
So if families decide to eat more at resturants, GDP is increased by the full value of resutrant meals.
I hope my answer helps you
Answer:
B. contributes towards variable costs
Explanation:
We know that,
Variable expense ratio = Variable expense ÷ Sales revenue.
From the above formula, we can understand that the Variable expense ratio comes from dividing variable expenses by sales.
Therefore, option B is correct. So the variable expense ratio cannot contribute towards contribution margin, fixed costs, and product costs.
Answer:
15.45%
Explanation:
Expected return of portfolio = (R1*W1) + (R2*W2 ) + (R3*W3) (Where R means Expected Return of stock and W means Weight of stock)
Expected return of portfolio = (15%*0.25)+(18%*0.45)+(12%*0.30)
Expected return of portfolio = 3.75% + 8.1% + 3.6%
Expected return of portfolio = 15.45%
So, the expected return of the portfolio above is 15.45%
The gold standard emerged at the center of the international monetary system in the <u>1880s </u>until the first world war.
A monetary standard under which the basic unit of currency is the same in fee to and exchangeable for a precise quantity of gold.
National money and other sorts of cash (bank deposits and notes) were freely converted into gold on a fixed price. England followed a de facto gold fashionable in 1717 after the master of the mint, Sir Isaac Newton, overrated the guinea in terms of silver, and formally adopted the gold widespread in 1819.
The gold standard was the basis for the global monetary system from the 1870s to the early 1920s, and from the overdue Twenties to 1932 in addition to from 1944 till 1971 while America unilaterally terminated convertibility of america greenback to gold overseas important banks, efficaciously ending the Bretton Woods.
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For businesses, deregulation can be a benefit since there is no price ceiling. It means that they can adjust product prices with justification and the state wouldn't have much control because of it. A monopolized system of production can get favorable advantages in this situation.
On the other hand, dropped of prices can also happen in a deregulated scheme which would benefit the consumer. As long as there are reasonable and sufficient evidence that would allow it.