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Alina [70]
3 years ago
7

Which of the following is considered a service in the calculation of gdp?

Business
1 answer:
Alik [6]3 years ago
7 0

Answer:

A)Tax preparation

Explanation:

Gross domestic product is the sum total of all goods and services produced by a country within a given period.

Goods are tangible products that are produced by the country and in this scenario includes photographs, reclining chairs, and photographs.

Services on the other hand are those intangible actions that produce value to the end user. An example of service is tax preparation.

If an individual requires his taxes to be prepared but does not have the skill to do it. They will hire someone to do it and pay for the service.

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The president of the Micro Brewing Corporation asks you, as the company economist, to forecast changes in consumer beer purchase
umka21 [38]

Answer:

It is more profitable to raise the selling price by $2.

Explanation:

To determine whether the company should raise the selling price, we need to determine the effect on income. <u>The best option is the one with the higher sales revenue.</u>

Sales revenue= selling price * number of units

<u>Current:</u>

Sales revenue= 5.5*2,200= $12,100

<u>Proposal:</u>

Sales revenue= 7.5*1,800= $13,500

It is more profitable to raise the selling price by $2.

7 0
3 years ago
Which of the following is a style trend?
maks197457 [2]
Answer:
B

Explanation:
8 0
3 years ago
A project has cash flows of −$161,900, $60,800, $62,300, and $75,000 for Years 0 to 3, respectively. The required rate of return
Degger [83]

Answer:

Therefore, the internal rate of return is lower than the expected return, for this the project must be rejected

Explanation:

Solution

Given that

The cash flow of a project consists of the following amount from year 0 to 3 = −$161,900, $60,800, $62,300, and $75,000

The rate of return required = 13%

Now,

Let the Internal rate of return be y%

Thus,

At internal rate of return, the value of present inflows is the same as the value of present outflows.

So,

Internal rate of return = Value of present inflows = Value of present outflows

=161900 =60800/1.0y +62300/1.0 y ^2 + 75000/ 1,0 y^3

Therefore, y = internal rate of return 10.41%

7 0
3 years ago
Bob was telling everyone in the break room that he thought it was a big mistake to hire laurie because it was clear to him that
Stolb23 [73]
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3 0
3 years ago
When the 4th quarter futa tax is not at least _____, the payment may be mailed at year-end with form 940.
Arisa [49]

When the 4th quarter futa tax is not at least $500,  the payment may be mailed at year-end with form 940.

<h3>What is tax?</h3>

A tax is referred to the amount paid by an individual to the government to contribute to the development of the country through social projects. This tax is laid on different products as a form of duties or charges as well as an amount from the income itself.

FUTA stands for Federal unemployment tax act where you won't need to submit your tax again if your FUTA tax due for the following quarter is $500 or less until the total is $500 or higher.

Learn more about tax, here:

brainly.com/question/16423331

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3 0
1 year ago
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