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castortr0y [4]
3 years ago
9

What components of GDP (if any) would each of the following transactions affect? Explain. Remember Y=C(Y-T)+I(R)+G+X-M a. A fami

ly buys a new refrigerator. (Consumption expenditure includes durable and nondurable goods)
Business
1 answer:
horsena [70]3 years ago
4 0

Answer:

A. The household purchase of a new refrigerator will directly lead to an increase in the consumption component of the Gross Domestic Product (GDP). Therefore, the GDP will increase by the amount of refrigerator purchased

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There are three ways in which the complexity increases as five or more parties simultaneously engage in negotiation.
laiz [17]
I would say this is false
5 0
3 years ago
Normal and inferior goods are differently impacted by recessions. Examples include new cars versus fast food. The textbook examp
Darina [25.2K]

Answer:

research four other examples of inferior goods.

There are many examples of inferior goods. Inferior goods are al those goods whose demand rises in times of economic recession. Some examples are:

Cheap food substitutes like supermarket coffee, instantaneous ramen, or canned vegetables.

Cheap clothes.

Flights in low-cost airlines.

Consider the impact of economic recessions and expansions on normal goods.

Economic recessions impact normal goods negatively because people have less income to spend, and they opt to substitute the normal goods for inferior goods.

discuss how revenues of inferior goods producers are expected to be affected by economic recessions and expansions.

In economic recessions, revenues for producers of inferior goods are expected to rise because demand for inferior goods grows. However, because inferior goods are precisely cheaper, this does not necessarily mean that every inferior good producer will make a lot of money.

In economic expansions, revenues for producers of inferior goods will fall, because people, with more income, will flock to normal goods or even luxury goods.

5 0
3 years ago
A corporation has $7,000,000 in income after paying preferred dividends of $500,000. The company has 1,000,000 shares of common
Finger [1]

Answer:

Price earning ratio= 8  times

Explanation:

Price earning ratio = Price per share /Earnings per share

Price per share = 56, EPS =?

Price per share =56, EPS = Total earnings available to ordinary shareholders/Number of shares

7,000,000/1,000,000= $7  per share

Price earning ratio = 56/7= 8  times

Price earning ratio= 8  times

                         

8 0
3 years ago
What is the difference between the performance of luxury car and normal cars
svetoff [14.1K]

Answer:A luxury car is meant to be shown and only people that are rich could afford a luxury car but a normal car is what you see on a daily basis and it's still a car but a common one.

Explanation:

3 0
3 years ago
Read 2 more answers
Laubitz Company begins operations on Apr.1. Information from job cost sheets shows the following:
Inessa [10]

Answer:

1. 2. April 30 $11600

31-May $20100

2. April 30 $3,200

31-May $11,90

3. Profit April 0

May$800

June $2975

Explanation:

1) Calculation for Work in Process Inventory at

April 30 and 31-May

Work in Process Inventory at

April 30=7500+4100

Work in Process Inventory at

April 30=$11600

Work in Process Inventory at31-May =4100+6900+4700+4400

Work in Process Inventory at31-May= $20100

2) Calculation for Finished Goods Inventory at

April 30 and 31-May

Finished Goods Inventory at

April 30: $3,200

Finished Goods Inventory at 31-May =7500+4400

Finished Goods Inventory at 31-May= $11,900

3) Calculation for Gross Profit

Gross Profit April : 0

Gross Profit May =3200*25%

Gross Profit May=800

Gross ProfitJune :- Job 10 =(7500+4400)*25% Gross Profit June 2975

6 0
3 years ago
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