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ExtremeBDS [4]
3 years ago
6

In many poor countries even middle-class families may have full-time servants, a luxury reserved for only the very wealthiest ho

useholds in rich countries like the United States. The existence of low-cost domestic help in poor countries makes PPP-adjusted GDP statistics in those countries:
O lower, because consumption baskets include less expensive domestic help, resulting in higher pricers.
O lower, because consumption baskets include less expensive domestic help, resulting in lower prices.
O higher, because consumption baskets include less expensive domestic help, resulting in lower prices.
O higher, because consumption baskets include less expensive domestic help, resulting in higher prices.
Business
1 answer:
Alex787 [66]3 years ago
4 0

Answer:

higher, because consumption baskets include less expensive domestic help, resulting in lower prices.

Explanation:

Because the wages paid to house helps in poor countries are low resulting in higher PPP-adjusted GDP in these countries compared to rich countries that use GDp that is not adjusted.

The availability of cheap labor still exists in poor countries compared to rich countries because of the high cost of migration. So people providing cheap services cannot move.

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N the united states, the control of the money supply is the responsibility of the:____.
lutik1710 [3]

N the united states, the control of the money supply is the responsibility of the Federal Reserve System.

The Federal Reserve System is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial crises led to a desire for centralized control of the monetary system to alleviate crises. financial crisis.

The Federal Reserve System provides the country with a secure, flexible, and stable monetary and financial system. The main functions of the Fed include conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services.

Learn more about Federal Reserve System here: brainly.com/question/7798250

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8 0
1 year ago
Dyan, the owner of expert restoration services, inc., adheres to the "principle of rights" theory. under this theory, a key fact
gulaghasi [49]

Affects the rights of others.

The principal of rights theory says individuals should have the maximum freedom and rights and those are only limited if the rights would infringe on rights of other people

4 0
4 years ago
Read 2 more answers
This is a classic retirement problem. A time line will help in solving it. Your friend is celebrating her 35th birthday today an
xeze [42]

Answer:

a. $21,725.65

b. $19,385

c. 27,421.32

Explanation:

Savings = 125,000

Annuity Formula :

(\frac{1}{1.07})^{30} [  \frac{125,000}{0.07} ( 1 - \frac{1}{1.07 ^}^{20} ) ] = \frac{A}{0.07} ( 1 - \frac{1}{0.07 ^ } ^{30} )

Solving the equation we get,

A  = $21,725.65

7 0
3 years ago
Find the net price for an order of gift items with a list price $24,000 less trade discounts of 30/25/15. use the net price, com
Wittaler [7]
Price of the items = $24000 
Discounts =30%, 25%, 15%. 
Sale amount after discount,
 100 - 30 = 70% = 0.7
 100 - 25 = 75% = 0.75
 100 - 15 = 85% = 0.85
 Multiplying we get the discount = 0.7 x0.75 x 0.85 = 0.44625
 So the net price = 0.44625 x 24000 = $10,710
7 0
4 years ago
Jiminez, Inc., had the following transactions during the month of March 2015. Prepare an income statement based on this informat
vladimir1956 [14]

Answer:

net income     4,385

Explanation:

The income statment will only include revenues and expenses account.

A revenue will be the gain realized from the business main activity or secondary like interst or rental revenues.

While expenses will be the cash erogation or losses iincurred in the business activities, their financing like interest expenses and other.

revenues       9,850

expenses     <u>  5,465   </u>

net income     4,385

The loan is not an expense. It wil lbe the interest it generated but we aren't given with that information

The dividends also aren't an expense they represent the return to the investors.

5 0
4 years ago
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