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algol13
3 years ago
6

Give two reasons why value of norminal GDP would increase ​

Business
1 answer:
lisov135 [29]3 years ago
7 0

1. Positive economic growth means that the value of all goods and services produced in the economy increase by an unknown amount

2.  growth in the amount of goods and services produced

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how would a significant increase in consumption and economic activity among a nations consumers affect the nation economy
jeka57 [31]

When consumption increases, factories produce more, consequently having to expand, when they expand they hire new employees, meaning that more people have money to buy more things and boost the market.

It is almost like the balance of an ecosystem, if everything works well, the tendency is to continue improving

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3 years ago
True or false: Partnerships are less likely to survive than sole proprietorships. True false question.
Irina-Kira [14]

Answer:

true

Explanation:

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2 years ago
As a manager, Colin realizes that there is no single formula for making easy decisions. In reality, business decisions he has to
alexira [117]

Answer: Nonrational

Explanation: The nonrational model of decision making comes in the aspects of deciding on and pursuing a method of action that will satisfy the minimum requirements to achieve a particular goal, increments, and understanding without deliberate thinking that are administrative and realistic in the decision-making process.

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3 0
3 years ago
Analyzing and Reporting Financial Statement Effects of Bond Transactions On January 1 of the current year, Trueman Corporation i
MatroZZZ [7]

Answer:

a) the issue price of the bonds was $554,861:

PV of face value = $600,000 / (1 + 6%)⁴⁰ = $58,333

PV of coupon payments = $33,000 x 15.046 (PV annuity factor, 6%, 40 periods) = $496,518

market price = $554,851 which is close enough to verify the issue price (the $10 difference is probably due to a rounding error).

b) the journal entries are:

January 1, year 1

Dr Cash 554,861

Dr Discount on bonds payable 45,139

    Cr Bonds payable 600,000

June 30, year 1

Dr Interest expense 33,292

    Cr Cash 33,000

    Cr Discount on bonds payable 292

amortization of discount of bonds payable = ($554,861 x 6%) - $33,000 = $291.66 ≈ $292

December 31, year 1

Dr Interest expense 33,309

    Cr Cash 33,000

    Cr Discount on bonds payable 309

amortization of discount of bonds payable = ($555,153 x 6%) - $33,000 = $309.18 ≈ $309

Assets                   =         Liabilities                                     +   Equity

Cash                         Bonds payable    Discount on BP

554,861                    600,000               (45,139)

(33,000)                                                 292                            (33,292)

(33,000)                                                 309                            (33,309)

Revenues      -          Expenses           =       Net income

0                                0                                  0

0                                33,292                         (33,292)

0                                33,309                         (33,309)

7 0
3 years ago
Jane and sarah were watching the evening news when viewers were asked to weigh in on the city's proposed tax increase. later in
Rufina [12.5K]

Critical thinking.

Even if you find a result, you have to decide if it is accurate and what it really represents. The viewers of one particular TV program are not likely representative of the views of an entire city.

8 0
3 years ago
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