It will not affect the current GDP at all. GDP is a measure of all <u>newly produced</u> goods and services during a year, so 2 years ago the TV's full value would have been included in the GDP, but the sale of the TV as a used good later on would not be counted.
Answer:
$10,500
Explanation:
Bee Inc.
Cash Budget for March
Budgeted Receipts $116,000
Les Budgeted Expenses ($110,000)
Net Cash $6,000
Add Budgeted Beginning Balance $35,000
Balance $41,000
Loan ($51,500 - $41,000) $10,500
therefore,
To attain its desired ending cash balance for March, the company needs to borrow $10,500
Explanation:
The marginal product formula is the change in quantity (Q) of items produced divided by the change in one unit of labor (L) added (change in Q divided by change in L). The denominator in this equation is always one because the formula is based on each one unit of increase in labor.
hope this helps
A corporate bond would give the higher rate because it would be for a minimum term like say 1 year whereby the financial institution can lend out the money to someone else and from the interest on that can pay a significant return whereas interest on a chequing account will be very low since the balance will go up and down over a month or year so there is no guarantee to the financial institution of having the money long enough to earn some money on it.
Answer:
Elastic
DECREASED
Explanation:
The price elasticity is elastic. Demand is price elastic if the absolute value of coefficient of elasticity is greater than 1.
When demand is elastic, it means that quantity demanded is sensitive to changes in price. A small change in price would lead to a greater change in quantity demanded.
Because the parking lot has been operating below its full capacity and marginal cost is zero, the optimal strategy is to reduce price so that quantity demanded would increase.
I hope my answer helps you
