Answer: $81000
Explanation:
The capital account, in international macroeconomics, is a component of the balance of payments which records all transactions made between entities/parties in one country with entities in the rest of the world. These transactions consist of imports and exports of various goods, services, capital, and as transfer payments such as foreign aid and remittances. The balance of payments is composed of a capital account and a current account. Although, a narrower definition breaks down the capital account into a financial account and a capital account.
The capital account in accounting shows the net worth of a business at a certain point in time. It is also known as owner's equity for a sole proprietorship or shareholders' equity for a corporation, and it is reported in the bottom section of the balance sheet.
The capital account balance would be equal to the sum of cash deposit and net income minus drawings made.
Capital account balance= Cash deposit + Net income - Drawings made.
Capital balance= 75000+18000-12000
=93000-12000
=$81000
Therefore,the capital account is $81000.
Answer:
Switching cost
Explanation:
Switching cost may be defined as the amount which is related to the consumer for the purpose of changing the supplier to the another one. So, the greater the cost of switching, the more will be hard or costly the switch will be.
Therefore according to the above explanation, the correct answer is Switching cost.
Answer:
The correct answer is option D.
Explanation:
The Bureau of Labor Statistics is a unit under the US department of labor. It is tasked with collecting information on the labor market, prices, and productivity and provide statistical data on its basis.
The unemployment rate is calculated on the basis of data collected through a monthly survey called the current population survey.
The part of the adult population which is either working or do not have a job but are actively looking for one are included in labor force. Discouraged workers or those who are unemployed but not looking for jobs actively are not included.
Unemployed homemakers are not counted as employed, they are not included in the labor force either. They are considered out of the labor force as they do not have a job and are not looking for one.
All full time and part-time workers are counted as employed.
Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most balanced picture of how prices fluctuate in the economy. Two of the most commonly used price indexes are the consumer price index (CPI) and the GDP deflator. The CPI for this year is calculated by dividing <u>the value of all goods and services produced in the economy this year </u>using <u>this year's prices</u> by the<u> value of all goods and services produced in the economy this year</u> using <u>the base year's prices</u> and multiplying by 100. However, the GDP deflator reflects only the prices of all goods and services bought by the consumers.
<u>Explanation:</u>
GDP is the gross domestic product of a country which specifies the level of growth of the country. The value of the goods and the services of the country produced by the people of the country are all reflected in the gross domestic product of the country.
Greater the rate of GDP is of a particular country, higher would be the growth of the country. It is also used as a measure of comparison of the growth rate of the country.
