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Kitty [74]
3 years ago
11

The larger a given sector's contribution to a country's GDP is, the larger the impact of a shock to that sector on GDP is.

Business
1 answer:
Nikitich [7]3 years ago
6 0

Answer: True

Explanation:

When a sector contributes a significant amount to GDP suffers a shock, the GDP of the nation will be shocked as well. Proportionally it goes that the greater the shock to the sector, the greater the shock to the GDP.

For instance, Agriculture contributes a significant amount to GDP. If a drought were to hit that reduced harvests by 50%, the GDP will suffer a huge shock as well because the contribution from Agriculture will be significantly less.

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Which of the following is not true regarding economic exposure? a. The impact of a change in the local currency on inflow and ou
Natali [406]

Answer:

Option A The impact of a change in the local currency on inflow and outflow variables can sometimes be indirect and therefore different from what is expected.

Explanation:

The reason is that the changes in the currency exchange rate in which the company receives the payment and is also not a home currency, such risk exposure is known as economic exposure. So the only option that correct here is option A.

Option B is incorrect because depreciation is non cash item and it is not exposed to currency fluctuations.

Option C and D are also incorrect because domestic firms don't face any economic exposure.

8 0
3 years ago
Why is it generally a bad idea to put a lot of money into improvements for a home you are renting?
myrzilka [38]

Improvents in a rental property often won't increase rents. Also improvements could be damaged if the property continoues as rental which means the updates lose value.

3 0
3 years ago
Katrina's fury has $697,400 in sales. the profit margin is 3.4 percent and the firm has 12,500 shares of stock outstanding. the
Alexus [3.1K]
<span>what is the price-earnings ratio</span> is 17.1

3 0
4 years ago
Chuck has AGI of $71,600 and has made the following payments
kodGreya [7K]

Answer: $4,690

Explanation:

From the above, Chuck can include the following with his itemized deductions,

County Real Estate Tax,

School District Tax on Realty,

State Income Tax estimated Payments and

State income tax withholding.

Calculating the above,

= 950 + 670 + 1,010 + 2,060

= $4,690

the amount of taxes that Chuck can include with his itemized deductions is $4,690.

7 0
3 years ago
Jacques lives in Miami and runs a business that sells boats. In an average year, he receives $793,000 from selling boats. Of thi
KatRina [158]

<u>Explanation</u>:

Remember, Implicit cost refers to cost that do not involve monetary transactions by Jacques, while his Explicit cost includes all forms of direct payments made by Jacques to others while selling his boat.

<u>Therefore, the cost are assigned below:</u>

  1. The $50,000 salary Jacques could earn if he worked as a financial advisor= Implicit Cost
  2. The $15,000 rental income per year Jacques would receive if he chose to rent out his showroom= Implicit
  3. The wholesale cost of $430,000 and utility bills totaling $301,000 cost for the boats that Jacques pays the manufacturer= Explicit Cost

4 0
4 years ago
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