Answer: In macroeconomics, gross domestic product (GDP) is a macroeconomic magnitude that expresses the monetary value of the production of goods and services of final demand of a country or region during a determined period, normally one year or quarterly.
GDP can be measured by adding up all the final demands for goods and services in a given period. In this case, the destination of the production is being quantified. There are four major areas of spending: household consumption (C), government consumption (G), investment in new capital (I) and the net results of foreign trade (exports-imports).
And it can also be measured by adding the income of all the factors that contribute to the production process, such as wages and salaries, commissions, rents, copyrights, fees, interests, profits, etc. The GDP is the result of the calculation by means of the payment to the factors of the production. All this, before deducting tax.
Thus the statements "b. An increase in Social Security expenses" as government expenses, "c. An increase in retirement and pension benefits to elderly citizens" as subsidies or transfers, and "
d. An individual receiving an annual performance bonus of $5,000" as financial interest are likely to increase a country GDP.
Answer:
<u>The rate of exchange for the £ is US$ 4</u>
Explanation:
1. Let's check the information provided to answer the question correctly:
Amount the U.S. citizen want to buy in £ = 25,000
Amount the U.S. citizen will pay in US$ = 100,000
2. Let's calculate the rate of exchange for the British pound £, this way:
Rate of exchange = Amount in US$/Amount in £
Rate of exchange = 100,000/25,000
<u>Rate of exchange = 4 US$ per £</u>
We can also express the rate for the US$, this way:
Rate of exchange = Amount in £/Amount in US$
Rate of exchange =25,000/100,000
Rate of exchange = £ 0.25 per US$
Answer:
it depends on the job but it is a Anesthesiologists
Risk or financial loss ...
Answer: Please refer to Explanation
Explanation:
The following will be the journal entry on October 2nd
October 2
DR Cash $8,400
CR Treasury Stock $8,000
CR Additional Paid-in Capital $400
(To record reissuance of Treasury Stock)
Workings
Cash = 400 * 21
= $8,400
Treasury Stock = 400 * 20 (purchase price)
= $8,000
Additional Paid-in Capital = (21 - 20) * 400
= $400
