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DedPeter [7]
3 years ago
9

Indicate what components of GDP (if any) each of the following transactions would affect.

Business
1 answer:
kvv77 [185]3 years ago
6 0

Answer:

It will fall under Consumption if it is a commodity or non-capital good purchased.

It will fall under Investment if it is a capital good that was sold or purchased.

It will fall under Government Spending if the Government bought or paid for it.

It will fall under Net Exports if it involves the purchase of goods from another country or the sale of goods to another country.

You buy a new Toshiba computer  - CONSUMPTION AND NET EXPORTS.  

Toshiba is a Japanese Company.

Ford manufactures a Focus and sells it to Avis, the car rental company. INVESTMENT.

It becomes a capital good to Avis.

Dell sells a desktop computer from its inventory to the Johnson family . - CONSUMPTION and INVESTMENT.

The Desktop is considered a capital good as it can be an investment by the family to produce goods or services.

Aunt Jane buys a new house from a local builder.  INVESTMENT

Housing is a capital good.

The federal government sends your grandmother a Social Security check. - TRANSFER PAYMENT which means it is not to be included in GDP.

Texas hires public middle school teachers .  - GOVERNMENT SPENDING.

Texas will be spending to pay teacher's salaries.

You pay a domestic plumber for fixing a leak in your bathroom.  - CONSUMPTION.

Uncle Paul pays a domestic contractor for renovating his home - CONSUMPTION.

This is housing but it involves buying goods to change the appearance of the house not buying the house itself.

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German companies do not recognize the profit until the project is completely finished and they have been paid. recognize profits
photoshop1234 [79]

Answer:

German companies do not recognize the profit <u>until the project is completely finished and they have been paid.</u>

Explanation:

German companies prepare their accounting balances under IFRS standards (common for all EU member countries) and German GAAP.

Under IFRS standards, revenue must be recognized when the business satisfies a performance obligation.

German GAAP is very prudent in determining profits, that is why they are only recognized once a project is completely finished and it has been completely paid.

Some specific German rules are to starting to change due to globalization, but others are still subject to legal requirements.

7 0
3 years ago
What is the difference between insurable and non-insurable risk
vova2212 [387]
<span>All risks cannot be transferred to the insurer. Mostly, pure risks can be transferred to the insurer</span>
8 0
3 years ago
The Mountain Springs Water Company has two departments, Purifying and Bottling. The Bottling Department had 3,840 liters in begi
trapecia [35]

Answer:

Total equivalent units of materials  = 64,652

Explanation:

<em>Equivalent units are useful to apportion cost between work in progress and completed units. They are notional whole units which represent incomplete work</em>

Equivalent Units = Degree of work completed (%) × inventory units

Fully worked = 64,880- 3,840= 61,040

I<em>tems                        units         workings              Equivalent units</em>

Opening inventory   3,840         3840× 70% =    2,688

Fully worked             61,040       61,040× 100 =    61,040

Closing WIP               5,160           5,160× 70% =   <u>3,612</u>

Total equivalent units of materials                     <u>   64,652</u>

Total equivalent units of materials  =64,652

4 0
3 years ago
Michael is the owner of a restaurant in downtown Buffalo and recently signed a long-term lease with the building's owner. Since
Softa [21]

Answer:

The correct answer to the following question is Trade fixtures.

Explanation:

The installations made by Michael ( who is the owner of restaurant in Buffalo, New York ) such as commercial ovens and dishwashers are example of trade fixtures. Trade fixtures are those type of property that a tenant (which Michael is in this case) attaches to the building or land that he or she has taken on lease, for purpose of conducting business on that property.

8 0
3 years ago
Which of these are ways to protect yourself against identity theft
Free_Kalibri [48]

Answer:

All of the above except: Don't tell people your dog's name

Explanation:

Hope this helps!

6 0
2 years ago
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