Answer:
C. To find out if there is a change in the actual number of goods, services, and structures produced from one year to the next
Explanation:
Real GDP calculates the monetary value of all goods and services that a country produce within one year after adjusting it to inflation or deflation.
Knowing Real GDP often used as a measurement to find out the economic growth of a country. If the Real GDP is increased, it indicates that the people in that country become more productive and it is most likely that their disposable income is also increased.
Answer:
3. How does the action I am proposing to take make me feel about myself?
Explanation:
According to Norman Vincent Peale, the following questions should be asked by Jake as he proceeds to make an ethical decision: How does the action I am proposing to take make me feel about myself?
According to Kenneth Blanchard and Norman Vincent Peale, authors of The Power of Ethical Management, there are three questions you should ask yourself whenever you are faced with an ethical dilemma:
1. Is it legal? Will I be violating civil law or company policy? Will I be violating the student code of conduct?
2. Is it balanced? Is it fair to all parties concerned both in the short-term as well as the longterm? Does it promote win-win relationships?
<u>3. How will it make me feel about myself? Will it make me proud? Would I feel good if my decision was published in the newspaper? Would I feel good if my family knew about it?
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Answer:
Payment id received for merchanise sold on account
Answer:
4%
Explanation:
Interest included in $918000 is for six months from 10/1/18 to 4/1/12.
Interest for first three month period from 10/1/18 to 31/12/18 = $9000.
This implies that :
Interest from 1/1/19 to 4/1/19 = $9000.
Principal amount excluding interest due:
= Baker's obligation amount - Accrued interest - Accrued interest
= $918,000 - $9,000 - $9,000
= $900,000
Interest rate:
= [($9,000 × 12/3) ÷ 900000] × 100
= 4%
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