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2 years ago

Which of the following transactions are included in gross domestic product, and by how much does the GDP raise?

Business

1 answer:

seropon [69]2 years ago

5 0

Answer:

A. Smith pays a carpenter $50,000 to build a garage. ⇒ INCLUDED, increases GDP by $50,000 because Smith paid for the garage.

B. Smith purchases $10,000 worth of materials and builds a garage, which is worth $50,000. ⇒ INCLUDED, increases GDP by $10,000 only because Smith built the garage himself.

C. Smith goes to the woods, cut down a tree, and uses the wood to build himself a garage that is worth $50,000. ⇒ NOT INCLUDED, no services or goods were exchanged, it is the same as growing your own food.

D. The Jones family sells its old house to the Reynolds family for $400,000. The Joneses then buy a newly constructed house from a builder for $500,000. ⇒ INCLUDED, increases GDP by $500,000 because the Joneses purchased anew house.

E. You purchase a used computer from a friend for $200. ⇒ NOT INCLUDED, only new goods and services are included.

F. Your university purchases a new mainframe computer from IBM, paying $25,000. ⇒ INCLUDED, increases GDP by $25,000 because the university purchased a new computer.

G. You win $100 in an Atlantic City casino. ⇒ NOT INCLUDED, casino earnings or lottery earnings are not considered new products or services.

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Which of the following is best classified as an ethnocentric policy of strategic approaches to international staffing? a. Host-c

madam [21]

Answer:

b. Managers from headquarters staff key positions.

Explanation:

In an international organisation when only managers from the headquarters are allowed to staff key positions, it is an indication of ethnocentric policy on staffing.

This usually occurs when the management of the organisation feels more comfortable working with a particular ethnic group they share the same culture with, and so understand easily. This is a way to avoid culture shock.

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2 years ago

Jorge is a manager at Starbucks. His operational plan includes achieving annual sales of $4,000,000 for his store. With only one

sergey [27]

Answer:

He must consider promotions to achieve higher sales to achieve the targets. To do this he must assess whether his branch is able to handle this increased sales and that promotional cost doesn't outweighs the benefits arising from the increased sales. Jorge must also polish the sales team's behaviour with the customer and must provide its customers with a pleasant environment which increases the appetite of their customers.

6 0

2 years ago

During February, $186,500 was paid to creditors on account, and purchases on account were $201,400. Assuming the February 28 bal

Kobotan [32]

Answer:

Accounts payable (opening) = $ 45000.

Account rec during year = $464570

Cash payment during year = $351570.

Explanation:

As we know that:

Account payable (open) + Purchases - Accounts payable(end) = Paid cash

Accounts payable (open) + 201400-59900= 186500

Accounts payable (open)= 186500+59900-201400

= $45000.

As we know that:

Account receivables (open) + A/c receivable during year - A/c receivable (end)=Cash collected.

A/c receiable during period= 449600-115800+130770

= $464570.

As we know that:

Cash (open) + Cash collected - Cash (end)= Cash payment during period.

46200+248600 - 56770 = Cash payments during year.

Cash payment during year = $351570.

4 0

2 years ago

Why would the threat of a takeover motivate a manager to act in stockholders' interest?

777dan777 [17]

Running the firm well and acting in the stockholders' interest makes the firm a less attractive takeover target, to begin with.

<h3>Who are Stockholders?</h3>

A shareholder of a corporation is an individual or legal entity that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation.
Shareholders may be referred to as members of a corporation.
As noted above, a shareholder is an entity that owns one or more shares in a company's stock or mutual fund.
Being a shareholder (or a stockholder as they're also often called) comes with certain rights and responsibilities.

<h3>Which of the following mechanisms is used to motivate managers to act in the interests of shareholders? </h3>

The threat of a takeover

To learn more about it, refer

to brainly.com/question/24448358

#SPJ4

3 0

10 months ago

A project requires a purchase of $1,000,000 in equipment, inventory will increase by $200,000, and accounts payable will increas

Snezhnost [94]

Answer:

The aggregate investment of the project is $1,000,000

Explanation:

Total or the aggregate investment is the term which is described as the amount of money which a person or a company needed or required to complete the task, work or the project.

In this situation, the project needed a purchase of equipment which is worth $1,000,000 due to which there is increase in inventory as well as increase in accounts payable. Therefore, the total investment amounts to $1,000,000.As the equipment is the necessary item in order to complete the project and due to which the inventory rise and also the equipment is purchased on credit because of which the accounts payable also increase.

4 0

2 years ago