Answer:
$ 25
Explanation:
As per the description, the exact amount that is being contributed from the corn bushel to the Gross Domestic Product would be $ 25. The price at which the farmer sold it to the supermarket would not be included in the GDP because it would be considered as an intermediary good because the good purchased for the resale purpose is not included in GDP as it leads to double-counting. Thus, <u>only the price of the final good i.e. $ 25 would be included in GDP as it will now be used for final consumption by the customers</u>.
The answer is A. Early payment
In Cash discounts, buyers will have the incentive to reduce the amount owed to the seller if they pay their liability faster than the Deadline
For example, the sellers can offer a 2 % discounts if the buyers make a payment within 10 days, while the actual deadline is 30 days
Answer:
Answer sheet required more space then was available so I attached it as a picture.
Answer and Explanation:
All these situations are taxable under lottery tax in the U.S.A, under Federal tax rule, there is 25% amount of winning money you have to pay under lottery tax rule.
If the acceptance of the prize is not based on significant potential benefits and the payment is charged by the education department to a tax-exempt agency approved by Linda, option "C" might be withheld from income.
