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Shalnov [3]
3 years ago
14

State whether the following actions will increase or decrease GDP: a. An individual sells her house on her own. b. An individual

sells his house through a broker. c. Government increases Social Security payments. d. Stock prices rise by 20 percent.
Business
1 answer:
statuscvo [17]3 years ago
5 0

Answer:

a. An individual sells her house on her own.  

         GDP is not affected.

b. An individual sells his house through a broker.

         GDP is not affected.  

c. Government increases Social Security payments.  

          GDP is not affected.

d. Stock prices rise by 20 percent.

   GDP will increase.

Explanation:

Selling a house by an individual does not affect the Gross Domestic Product of a Country.  

Selling a house by a broker will also not affect the Gross Domestic Product of a Country.

When a Government increases the social security payments, this result in transfer of money from government to social security account but it does not generate any goods are services in the country.

When the stock prices increases in the country, there is more likely that the individuals will invest in the stocks. So investments will increase and thus GDP will rise.  

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Answer:

The correct answer is $2,610.

Explanation:

According to the scenario, computation of the given data are as follow:-

We can calculate the the direct labor cost by using following formula:-

Direct labor hour required= Estimated production × Direct labor hour

= 870 × 1÷4 =217.5 hours

Direct labor cost = Direct required labor hour × Rate of labor per hour

= 217.5 hours × $12

= $2,610

According to the analysis, $2,610 is the total amount to be budgeted for direct labor.

4 0
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Estimate the value of a share of Intel common stock using the residual operating income (ROPI) model as of December 25, 2010; as
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Answer:

Using

F=P(1+i)^n equation

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7 0
3 years ago
Which of the following is an example of a good with elastic supply in the short run?
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my be plastic wrep

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4 0
3 years ago
) Saffron Foods sells jars of special spices used in Spanish cooking. The variable cost is $2 per unit. Fixed costs are $9,000,0
olga nikolaevna [1]

Answer:

C. $4.20

Explanation:

The computation is shown below:

Before that we need to do following calculations

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= $19,000,000

Now

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So,

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6 0
3 years ago
Petras Company engaged in the following transactions during 2012, its first year in operations: (Assume all transactions are cas
Oksana_A [137]

Answer:

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Explanation:

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The prior year values for there for comparative purpose only.

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