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Katyanochek1 [597]
3 years ago
15

g Suppose total output (real GDP) is $1,000 and labor productivity is $10. We can conclude that the number of worker hours must

be
Business
1 answer:
Brums [2.3K]3 years ago
8 0

Answer:

100

Explanation:

Hours worked = Real GDP / labour productivity

1000 / 10 = 100

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

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In which of the following scenarios will you be entitled to pay the least amount of money out-of-pocket for a medical expense? A
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7 0
3 years ago
Match each type of adjusting entry with its definition.
NeTakaya

Answer and Explanation:

The matching is as follows:

1. Deferred revenue - the cash would be received in the present period and the same would be reported as a revenue for the future period

2. Accrued expense - It would be recorded as an expense for a present period but the cash would be paid in the future

3. Prepaid expense - The cash is paid or the obligation is to the pay the cash in the present period but the expense would be recorded in the future period

4. Accrued revenue - the revenue is recorded in the present period but the cash would be collected in a future period

8 0
3 years ago
Thom owes $6,200 on his credit card. The credit card carries an APR of 17.9 percent compounded monthly. If Thom makes monthly pa
melisa1 [442]

Answer:

31 payments on his card

8 0
3 years ago
A 3/1 ARM is made for $150,000 at 7 percent with a 30-year maturity. a. Assuming that fixed payments are to be made monthly for
Neko [114]

Answer:

a. Assuming that fixed payments are to be made monthly for three years and that the loan is fully amortizing, what will be the monthly payments? What will be the loan balance after three years?

  • monthly payment = $997.95
  • principal balance after 36th payment = $145,090.59

b. What would new payments be beginning in year 4 if the interest rate fell to 6 percent and the loan continued to be fully amortizing?

  • monthly payment = $905.34

c. In (a) what would monthly payments be during year 1 if they were interest only? What would payments be beginning in year 4 if interest rates fell to 6 percent and the loan became fully amortizing?

a. $875

b. $935.98

Explanation:

A 3/1 adjustable rate mortgage is a 30 year mortgage where the interest rate is fixed for the first 3 years, and then it can vary.

I prepared an amortization schedule that shows the first 3 payments with a 7% interest rate and then the rest of the payments will carry a 6% interest rate.

The monthly payment for the first 36 months is $997.95 (principal balance after 36th payment $145,090.59), then it decreases to $905.34 per month.

See amortization schedule 1

if the monthly payments only covered interest expenses during the first 3 years, they would be $150,000 x 7%/12 = $875

then the monthly payments would be $935.98.

See amortization schedule 2

Download pdf
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
6 0
3 years ago
Empirical findings on gender differences in negotiations may reinforce which of the following actions?
hammer [34]

Gender differences in negotiations reinforce the following actions: women behave more cooperatively, men get higher outcomes and differences are small and situational influences loom larger.

More about negotiations:

The study of gender in negotiation had minimal bearing on the study of gender in organisations, despite the fact that negotiation is a process that increases, maintains, and decreases gender difference in organisations.

Since the 1990s, when feminist theory was first applied to negotiation, gender inequalities have sparked new research interests in the study of bargaining.

Kolb and Putnam (1997) assert that negotiation is a gendered activity, however Gray (1994) believes that negotiation is more centred on autonomous people who pursue instrumental goals.

Learn more about gender difference here:

brainly.com/question/13638837

#SPJ1

7 0
1 year ago
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