All categories

2 years ago

A breakdown of the four components of GDP shows that

Business

1 answer:

scoray [572]2 years ago

5 0

Answer:

The answer is: C. Consumption is by far the largest expenditure category, and that consumer spending on services far exceeds consumer spending on goods.

Explanation:

In the US Economy, consumption is by far the largest component of the GDP. Also, in the US economy, the most stable and largest component of consumption is services.

Consumption is calculated by adding all the new, finished, legal, durable and non-durable products and services expenditures.

During 2017, the GDP of the USA was $19.52 billion.
Approximately 68.4% of the GDP was Household Consumption.
Out of the total GDP, 80.2% were services.

You might be interested in

Jing-Sheng facilitated a hiring committee for his advertising company. Six employees (including two managers) met together to di

Natali [406]

Answer:

D) participative

Explanation:

A participative leader is someone who is really involved in the company's activities and will be willing to receive input or advice from different employees and staff members. The leader will be open to consider the opinions of different staff members during decision making processes.

The leader as well as his/her staff members will be able to access all the relevant information and discuss possible options. Some participative leaders will also be willing to decide important issues through majority votes that include the leader and important staff members.

8 0

2 years ago

Junk bonds are high-risk, high-yield debt instruments. They are often used to finance leveraged buyouts and mergers, and to prov

Luda [366]

Answer:

true

Explanation:

Junk bonds can be defined as the bonds that require a higher default risk than most corporate and government issued bonds. A bond is indeed a debt or promise to pay interest payments to investors in return for purchasing the bond and the return of the invested principal.

Junk bonds depict debt issued by financially struggling companies with a significant risk to defaulting or failing to pay even their own monthly payments or reimbursing the principal to lenders. Thus, from the above we can conclude that the given statement is true.

3 0

3 years ago

Use the following to prepare the cash budget. What is the ending cash balance? Beginning cash balance $3,000; Cash receipts $50,

aleksley [76]

Answer:

Ending cash balance = $13,000

Explanation:

<em>A cash budget is statement that shows the estimated cash receipts and the estimated cash payments for a forth coming accounting period. In addition, it provides information about the expected cash balance for the period to which it relates.</em>

With help of a cash budget, a business can plan ahead for the usage of its surplus funds and how to finance its deficit cash position

Ending cash balance = Beginning cash balance + cash receipts - cash payment

= 3,000 + 50,000 - 40,000

Ending cash balance = $13,000

7 0

3 years ago

Which resum_ tends to be used to cover employment gaps?

vekshin1

The resume tends to be used to cover employment gaps are : c. functional.
by deviding the employee based on their function, so the employment could work in the same function of their job and reduce the gap.

hope this help

5 0

3 years ago

Read 2 more answers

Gonzo Co. owns a building in Georgia. The buildingâ€™s historical cost is $970,000, and $440,000 of accumulated depreciation has

ladessa [460]

Answer:

1. The cost to be capitalized to building account is $343,600

2. The subsequent carrying amount of the building is $873,600

Explanation:

1. In order to calculate the which of the costs incurred by Gonzo Co. should be capitalized to the building account we would have to use the following formula:

cost to be capitalize=Major improvement to the plumbing+Added a loby

cost to be capitalize=$109,000+$234,600

cost to be capitalize=$343,600

The cost to be capitalized to building account is $343,600

2. To calculate the subsequent carrying amount of the building we have to use the following formula:

subsequent carrying amount=Historical cost+improvements-Accumulated Depreciation

subsequent carrying amount=$970,000+$343,600-$440,000

subsequent carrying amount=$873,600

The subsequent carrying amount of the building is $873,600

5 0

3 years ago