All categories

2 years ago

MCQS

Business

1 answer:

dlinn [17]2 years ago

6 0

Answer:

MCQS

(i) Compensation of employees includes ________.

(a) wages, salaries, fringe benefits, Social Security contributions, and health and pension plans .

(ii) The difference between the income received from abroad for rendering factor services by the normal residents of the country to the rest of the world and income paid for the factor services rendered by nonresidents in the domestic territory of a country is known as-------

(a) Net Factor Income from Abroad .

(iii) Suppose that in year 1 an economy produces 75 unit of apple that sell for $5 each and 100 mobile that sell for $6 each. The next year the economy produces 110 apple that sell for $3.75 each and 80 mobile that sell for $5 each. The real GDP is

(iv) What of the following does NOT enter GDP?

(v) The sum of all kinds of income received by the individuals from all sources is called---------

(a) Personal Income.

Explanation:

1) Employee Compensation includes the salaries, wages, benefits, and other incentives paid to employees in exchange for their services to the company.

3) The Net factor income from abroad is the difference between the factor income earned from abroad by normal US residents and the factor income earned by non-residents (foreigners) in the US domestic territory.

4) The real GDP is the gross domestic product adjusted for the effect of inflation on prices. The real GDP for year 2 should be based on the prices of year 1 and is calculated as follows (110 * 5 + 80 * 6 = 1030).

5) Personal income is the sum of all kinds of income received by the individuals from all sources. It is used in the calculation of the US GDP. It is a subset of private income. Private income, which is broader than personal income, consists of personal income, profit tax, and undistributed profit.

You might be interested in

Which of the following activities create positive externalities? Group of answer choices An excavation firm pollutes a local str

Blizzard [7]

Answer:

The activities that creates positive externalities among the options include:

Late-night road construction begins on a new bridge. As a consequence, traffic is rerouted past your house while the construction takes place.
You and your friends volunteer to plant wildflowers along the local highway.

Explanation:

Positive Externality occurs when the consumption or production of a good causes a benefit to a third party.

Take for instance, Government grants and subsidies to producers of goods and services that generate external benefits will reduce costs of production, and encourage more supply.

The positive externalities includes supply of merit goods such as healthcare, education, and social housing.

Late-night road construction begins on a new bridge. As a consequence, traffic is rerouted past your house while the construction takes place. The positive externality here is easy access to transport.
You and your friends volunteer to plant wildflowers along the local highway. This will cause your relationship with your friends to blossom and when the plants grow, it will purify the air and beautify the environment.

7 0

2 years ago

The part of a stock's return that is systematic is a function of which of the following variables?

Shalnov [3]

Answer:

The part of a stock's return that is systematic is a function ofthe following variables:

I. Volatility in excess returns of the stock market

II. The sensitivity of the stock's returns to changes in the stock market

Explanation:

The Volatility in excess returns of the stock market and the The sensitivity of the stock's returns to changes in the stock market represent the part of the stocks return that is systematic

7 0

3 years ago

The following are national income account data for a hypothetical economy in billions of dollars: government purchases ($1,050);

zimovet [89]

Answer:

Percentage of Personal consumption expenditures is 70.07%

Explanation:

The most common way to measure the national income account is gross domestic product (GDP)

GDP = C + I + G + (X – M) or

GDP = private consumption + gross investment + government investment + government spending + (exports – imports).

government purchases ($1,050) is government spending

personal consumption expenditures ($4,800) is private consumption

imports ($370)

exports ($240)

gross private domestic investment ($1,130) is gross investment

GDP = $1,050 +$4,800+$1,130+$240-$370=6.850

Personal consumption expenditures proportion is $4,800/6.850=0,7007

in %= 70.07%

3 0

3 years ago

When you buy an e-book at Amazon, it uses ________ to recommend an e-book by a similar author within the same genre.

Anarel [89]

Answer:

The correct word for the blank space is: the purchases history.

Explanation:

Purchases history allows businesses to have an idea of what the preferences of its customers are or how they can change over time. It is a helpful tool firms can use to offer similar or complementary products that may be of interest to their customers and that may end up increasing the organization's revenues if the consumer makes the additional purchase.

8 0

2 years ago

Four years ago, a popular sandwich company used to sell 12-inch roast beef subs for only $5.49, but the same product now sells a

Ainat [17]

Answer:

6.22%

Explanation:

Price of sandwich four years ago, Present value = $5.49

Price of sandwich, Future value = $6.99

It is given that the inflation has been assumed to be constant over these four years.

Inflation rate refers to the rate at which prices of the good increases from the previous level. In a simple language, if there is a rise in the price of the goods then this economy is experiencing a inflation.

Inflation rate:

$=(\frac{Future\ value}{Present\ value}) ^{\frac{1}{n} } -1$

$=(\frac{6.99}{5.49}) ^{\frac{1}{4} } -1$

= 1.0622487 - 1

= 0.0622487 or 6.22%

Therefore, the inflation rate is 6.22%

6 0

2 years ago