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aleksandrvk [35]
3 years ago
10

Please select the GDP calculation method that best fits each of the given definitions. This method takes into account payments r

eceived by the various factors of production used to produce final goods and services in the economy.
Business
1 answer:
gulaghasi [49]3 years ago
5 0

Answer:

income approach

Explanation:

The income approach method for calculating the GDP adds the factor incomes to the factors of production. It uses an approach similar to general accounting procedures since the total amount of the expenditures = total income. It divides the economy into four major factors of production or sources: wages, rents, interest and profits.

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Limited partnership investors are subject to which of the following risks?I Tax audit riskII Marketability riskIII Legislative r
marshall27 [118]

Answer:

I Tax audit risk

II Marketability risk

III Legislative risk

Explanation:

Limited partnership investors is a form of partnership that have one limited partner, it should be noted that there are many risk involved been a Limited partnership investors such as Tax audit risk, Marketability risk and Legislative risk

5 0
3 years ago
Sheila and Jim live in an island where they are the only two workers. Sheila can either catch 10 fish or gather 40 pounds of ber
Firlakuza [10]

Answer:

SHEILA

Explanation:

A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people.

Sheila's opportunity cost in producing berries = 10/40 = 0.25

Jim's opportunity  cost in producing berries = 8/24 = 0.33

Sheila has a lower opportunity cost in the production of berries and thus has a comparative advantage in the production of berries

7 0
3 years ago
Select cost information for Seacrest Enterprises is as follows: 1,000 units of output 5,000 units of output Total Cost/Unit Tota
gayaneshka [121]

Answer:

c. Utilities expense is a mixed cost and rent expense is a fixed cost.

Explanation:

Seacrest Enterprises

                                        1000 units                       5000 Units

                  Total Cost     Total Cost /Unit     Total Cost       Total Cost/Unit

Direct materials  $5,000               $5.00        $25,000          $5.00

Utilities expense  $1,000                 $1.0 0        $3,750            $0.75

Rent expense        $4,000                    $4.00         $4,000            $0.80

Direct Materials show variable Costs

Utilities expense show mixed costs

Rent Expense show fixed costs

The correct answer is

c. Utilities expense is a mixed cost and rent expense is a fixed cost.

4 0
3 years ago
In your own opinion, why do you think it is important to establish a daily job search routine?
Alenkinab [10]

The answer is: because every day there is more opportunities opening up

You will never know where a company will post a job opportunities that provide better conditions or salaries compared to the job that you currently had. Because of this, you need to keep expanding your networks and setting up routine job search schedule.

5 0
3 years ago
Read 2 more answers
Define term common market​
Stells [14]

Answer:

A group of countries imposing few or no duties on trade with one another and a common tariff on trade with other countries is called common market.

Explanation:

hope this helps you....

God bless you.....

Have a great day....

(≧▽≦)

5 0
3 years ago
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