Answer:
Explanation:
The GDP deflator for this year is calculated by dividing the value of all goods and services produced in the economy this year using this year's price by the value of all goods and services in the economy this year using base price year's and multiplying by 100. However, the CPI reflects only the prices of all goods and services bought by the consumers.
Tax incidence shows the dividion of tax burdent between buyer and seller.
so, the correct answer should be C.
Answer:
making a profit
Explanation:
Profit making refers to the operations in which an individual or an organisation tries to sell their output in access of their production cost . In simple words, every individual that starts a business initiates it with the primary objective of earning income from those activities.
It is seen as the main incentive as no business could stand in the market without making sufficient profits for running and expanding their operations in the long and short run.
Thus, from the above we can conclude that the correct option is D.
Answer:
Discounted value
Explanation:
From Abigail's speech, the present value or the discounted value of an asset is the current value of the cash flows which are to be paid or gotten at a date in the future.
The reason discounted is the answer is because cash flows in the future have to be brought to a date in the present. Instead of compounding, it is better to discount since compounding raises present value when placed side by side with future value.
