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3 years ago

Potential GDP is:

Business

1 answer:

Eva8 [605]3 years ago

7 0

Answer:

b. maximum amount of output that can be produced given the labor force, capital stock, and technology.

Explanation:

GDP refers to the gross domestic product which reflects the finalized value of the goods and services produced domestically

On the other side, the potential GDP refers to the maximum level of output that can be produced by considering the labor force, capital stock, technology by taking the constant inflation rate

Therefore option b is correct

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On December 31, 2020, Marin Company borrowed $67,653 from Paris Bank, signing a 5-year, $114,000 zero-interest-bearing note. The

igor_vitrenko [27]

Answer:

Journal Entries

December 31, 2020

Dr. Note Receivables $114,000

Cr. Discount on bond $46,347

Cr. Cash $67,653

December 31, 2020

Dr. Impairment loss $20,839

Cr. Allowance for Impairment $20,839

Explanation:

Calculate the discount on the bond as follow

Discount on the bond = Face value of Note - Borrowed Amount = $114,000 - $67,653 = $46,347

On December 31, 2020 calculate the present value of face value of note and recoverable value

Present value of Note = Face value x Discount factor at 11% for 3 years = $114,000 x 1/( 1 + 11%)^3 = $83,355.82

Present value of recoverable value of note = Recoverable value of note x Discount factor at 11% for 3 years = $85,500 x 1/( 1 + 11%)^3 = $62,516.86

Now calculate the impairment loss as follow

Impairment loss = Present value of Note - Present value of recoverable value of note = $83,355.82 - $62,516.86 = $20,838.96 = $20,839

8 0

3 years ago

The level of the Baring market index is 22,300 at the start of the year and 26,800 at the end. The dividend yield on the index i

marshall27 [118]

Answer: 24.48%

Explanation:

Return on the index over the year is calculated by;

= Dividend yield + (Ending index value - Beginning index value)/ Beginning index value

= 4.3% + (26,800 - 22,300) / 22,300

= 24.48%

8 0

3 years ago

Carolina City places an order for a specific item of equipment and encumbers $6,000 for that item. The equipment arrives with an

IceJOKER [234]

Answer:

Dont care about your questions

7 0

3 years ago

Trust and transparency are critical to successful and culturally competent research. In the research setting, establishing trust

Gnom [1K]

Answer:

The correct answer is number (2): Limiting public transparency and accountability.

Explanation:

Researchers must provide trust and transparency during their study so the result of the research will reflect reliable information. Accountability, as well, should be present at all moments during the study moreover at the moment of collecting information from the target population and while gathering all the data to avoid manipulation that could affect the outcome of the research.

7 0

3 years ago

Maxwell and Smart are forming a partnership. Maxwell is investing a building that has a market value of $84,000. However, the bu

joja [24]

Answer:

$32,000

Explanation:

Calculation for the balance of Maxwell's Capital account

Using this formula

Assets =Liabilities-Owner's Equity

Where,

Liabilities =$84,000

Owner's Equity=$52,000

Let plug in the formula

Assets =$32,000

Therefore the balance of Maxwell's Capital account will be $32,000

5 0

3 years ago