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3 years ago

On what does the quantity of real GDP supplied depend? The quantity of real GDP supplied depends on the _______.

1 answer:

3 0

The quantity of real GDP supplied depends on the quantity of labor employed, the quantity of physical and human capital, and the state of technology

Option C

Explanation:

The production of real GDP depends on the labor market; on money, human capital and technical state; on land and natural resources; on creative ability.

It is the cumulative amount of finished product and service that U.S. companies intend to manufacture. It depends on how much labor, money, human capital and technical requirements as well as on land and natural resources and market expertise is hired.

When all other effects on output schedules remains constant, the relationship between the amount of actual GDP provided and the level of prices will continue. It occurs if, at the crossroads of the AD and AS curvature, the amount of real GDP demanded is the same.

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Land was acquired for $200,000 in exchange for common stock, par $200,000, during the year; all equipment purchased was for cash

diamong [38]

Answer:

Option (c) is correct.

Explanation:

Net cash provided by operating activities:

= Net income + Depreciation + loss on sale of Equipment + Decrease in prepaid expense + Increase in account payable - Increase in account receivable - increase in inventory - Decrease in accrued expenses

= $132,000 + 44,000 + 8,000 + 60,000 + 52,000 - 60,000 - 100,000 - 24,000

= $112,000

Note:

The balance sheet is missing in this question, so I attached the balance sheet with the answer.

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3 years ago

Q8. Smith Auto Dealership had beginning net fixed assets of $216,525 and ending

AveGali [126]

Answer:

The net cash flow is $7,844 from the sale of the assets.

Explanation:

Step 1: Determine the average fixed assets

The average net fixed assets can be determined using the expression;

Av=(Fb+Fe)/2

where;

Av=average net fixed assets

Fb=net fixed assets at the beginning of the year

Fe=net fixed assets at the end of the year

In our case;

Av=unknown

Fb=$216,525

Fe=$208,650

replacing;

Av=(216,525+208,650)/2=$212,587.50

The average net fixed assets=$212,587.50

Step 2: Determine the net fixed assets after accounting for depreciation

This can be expressed as;

Net fixed assets=average net fixed assets-depreciation

where;

average net fixed assets=$212,587.50

depreciation=$41,320

replacing;

Net fixed assets=(212,587.50-41,320)=$171,267.50

Step 3: Debit the fixed asset account and credit the cash account

Account Debit Credit

Fixed assets 7,844 163,423.50

Cash flow 163,423.50 7,844

The net cash flow is $7,844 from the sale of the assets.

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4 years ago

Which two of the following skills are important for a meteorologist?

Aleonysh [2.5K]

(A) and (C): You’ll need to need to be methodical, have an enquiring mind and be good at solving problems. The ability to work with data will help you to present meteorological information that is easy for people to understand. - See more at: https://nationalcareersservice.direct.gov.uk/advice/planning/jobprofiles/Pages/meteorologist.aspx#st...

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3 years ago

Read 2 more answers

On July 7, University Bank lent $560,000 to Jazz Music Shop on a 60 day, 7% note. What is the maturity value of the note? (U

mr Goodwill [35]

Answer: The maturity value of the note is $5,66,533.

We can arrive at the answer with the steps below:

The formula we use to calculate Maturity Value is:

$Maturity Value = Principal * ( 1+ (Rate * Time))$

In this question,

Principal = $560,000

Interest = 7% per year

Time period = 60 days.

Number of days in a year = 360 days (given in the question).

Substituting the value of the time period calculated above in the Maturity Value formula we have:

Maturity Value = $560,000 × (1+(0.07×60/360))

Maturity Value = $560,000 × (1+(0.07×1/6))

Maturity Value = $560,000 × 1.011666667

Maturity Value = $566533.3333

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4 years ago

Imagine a situation in which there is a president who prefers less environmental regulation of business. She orders the EPA to e

Brilliant_brown [7]

Answer:

A principal-agent game.

Explanation:

The principal-agent problem is a conflict in priorities between the owner of an asset and the person to whom control of the asset has been delegated.

The problem can occur in many situations, from the relationship between a client and a lawyer to the relationship between stockholders and a CEO.

Resolving a principal-agent problem may require changing the system of rewards in order to align priorities or improving the flow of information or both

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3 years ago

Read 2 more answers

On what does the quantity of real GDP supplied​ depend? The quantity of real GDP supplied depends on the​ _______.

On what does the quantity of real GDP supplied depend? The quantity of real GDP supplied depends on the _______.