Answer:
A) No, total values and imports and exports should be included in the calculation of the GNP.
Explanation:
The gross national product (GNP) must include the value of all imports and exports including intermediary goods.
Intermediary goods are goods used in the production of final goods, e.g. wood used to build a house. Intermediary goods can sometimes be final goods depending what use will be given to them, e.g. a tire is an intermediary good in the production of a car but it is also a final good when you buy a new tire to replace an old tire.
Yes he should be because people had higher expectations
Answer:
Balance with Fed on last day to be $ 800
Explanation:
Computation of balance on last day of maintenance period
Balance maintained $ 450 for 2 days $ 900
$ 700 for 3 days $ 2,100
$ 650 for 2 days $ 1,300
$ 450 for 3 days $ 1,350
$ 650 for 3 days <u>$ 1.950</u>
Average of balances maintained
13 days $ 7,600
Average balance maintenance required for 13 + last day)
$ 600 * (13 + 1) 14 days $ 8,400
so the balance with the Fed on the last day has to be
$ 8,400 - $ 7,600 $ 800
Answer:
All of the statements are correct
Explanation:
All of the statements are correct
As in an accounting entry there is an account which is debited and an account which is credited.
Although there might be numerous accounts which are debited or credited at the same time.
Thus, every credit in an entry balances the accounting equation, with respect to the assets and liabilities and stockholder's equity.
Further as assets show debit balance, whenever there balance decreases the assets are credited.
Liabilities show a credit balance, whenever it is increased it will be credited.
In a t shape account all debits are placed right side, and all the credits are shown on the right side.
