1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
laila [671]
3 years ago
14

Personal consumption expenditures: Group of answer choices do not include any intangible consumption items. represent close to t

wo-thirds of GDP. include all goods and services bought by the government. are equal to personal income minus individual taxes. include durable good purchases but not nondurable good purchases.
Business
1 answer:
GREYUIT [131]3 years ago
6 0

Answer:

intangible consumption items. represent close to two-thirds of GDP

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

GDP calculated using the expenditure approach = Consumption spending by households on durable and bib durable products + Investment spending by businesses + Government Spending + Net Export

Consumption spending accounts for about 70% of GDP.

Personal consumption isn't equal to income minus tax which is known as disposable income because disposable income can either be saved or used in consumption.

I hope my answer helps you

You might be interested in
In the context of using information technologies for a competitive advantage, which statement is true of a top-line strategy? a.
Rudiy27

Answer:

a. It focuses on generating new revenue by offering new products and services.

Explanation:

An information system or technology can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products. Thus, an information system or technology interacts with its environment by receiving data in its raw forms and information in a usable format.

Information technology is an integral part of human life because individuals, organizations, and institutions rely on information technologies in order to perform their duties, functions or tasks and to manage their operations effectively. For example, all organizations make use of information systems for supply chain management, process financial accounts, manage their workforce, and as a marketing channels to reach their customers or potential customers.

Additionally, an information system comprises of five (5) main components;

1. Hardware.

2. Software.

3. Database.

4. Human resources.

5. Telecommunications.

Hence, in the context of using information technologies for a competitive advantage over rivals in the industry, the statement which is true of a top-line strategy is that, it focuses on generating new revenue by offering new products and services. The top-line strategy ensures that the company continues to generate gross revenue or sales.

6 0
3 years ago
In statistical discrimination,
MakcuM [25]

Answer:D. Workers are given preferential treatment if they help fulfill a quota for particular type of characteristics.

Explanation:

Statiscal discrimenation is a preferential treatment of workers based on racial or gender inequality.

e.g restrictions of employment to singles because they have less responsibilities compared to the married.

5 0
4 years ago
Melinda, who works in a jewelry store owned by Cindy, was picking up some gem stones for use in the store. On the way back to th
baherus [9]
Yes she should be held liable
6 0
3 years ago
A linear production possibilities curve indicates which of the following?
lilavasa [31]

Answer:

I think ur answers are A, B, and C.

Explanation:

Hope this helps!

6 0
2 years ago
According to the theory of comparative advantage, potential world production is greater with unrestricted free trade than it is
dimaraw [331]

Answer:

The answer is true

Explanation:

The law of comparative advantage describes how, under free trade, an agent will produce more of and consume less of a good for which they have a comparative advantage.

8 0
3 years ago
Other questions:
  • Zhang company reported cost of goods sold of $842,000, beginning inventory of $38,600 and ending inventory of $47,000. the avera
    5·1 answer
  • Sneed Corporation reported balances in the following accounts for the current year: Beginning Ending Income tax payable $ 54 $ 3
    15·1 answer
  • Ajay is an Indian who owns a multinational company (MNC) that is headquartered in Bangalore. He ensures that his company consist
    7·1 answer
  • Which of the following is a drawback faced by multinational enterprises (MNEs)pursuing an international strategy?
    5·1 answer
  • "The direct method for preparing and reporting the statement of cash flows reports net income and then adjusts it for items nece
    12·1 answer
  • The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and
    15·1 answer
  • The Coalition of Independent Music Stores, a group of 44 prominent independent record stores in 25 states, operates as a way for
    15·1 answer
  • A bank has $50 million in assets, $47 million in liabilities and $3 million in shareholders' equity. If the duration of its liab
    11·1 answer
  • Sunland Inc. took a physical inventory at the end of the year and determined that $789000 of goods were on hand. In addition, Su
    10·1 answer
  • In order to have a high confidence level in a customer survey, what should the sample size accurately reflect?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!