Answer:
increased measured GDP by the full value of the restaurant meals.
Explanation:
Gross domestic product is the sum of all 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 + Investment spending + Government Spending + Net Export
Some items are not included in the calculation of GDP. Some of these items are :
1. Services rendered to ones self
2. Intermediate goods
3. Illegal activities
4. Transfer payment by government.
Households cooking at home is an example of services rendered to ones self and it is not included in the calculation of GDP.
While services rendered by resturants are included in the GDP through consumption spending by households.
So if families decide to eat more at resturants, GDP is increased by the full value of resutrant meals.
I hope my answer helps you
Answer:
Correct option is (D)
Explanation:
Employees, employers and self employed are supposed to contribute to fund social security and medicare.
Contribution made by each party comes under different categories. Employees contribute to social security and medicare in the the form of FICA taxes which could be withheld by the employers. Employees pay 50 percent and the remaining 50 percent is paid by the employer.
Self employed contribute in the form of self employed taxes.
The Consumer Protection Act is poised to shift the power dynamic towards the customer – and smart businesses can stay ahead of the pack by attending free talks on the new law during the Business Opportunities and Franchise Expo, at the Coca-Cola Dome from 16 to 19 September 2010.
The legislation will have a direct impact on large and small enterprises alike, whether they are in the services, manufacturing, retail, consumer goods or other sectors. The Act has a number of far-reaching implications that savvy businesses should be mindful of.
<span>During the expo, jointly presented by the Thebe Exhibitions and Projects Group (TEPG) and the Eskom Foundation, Tracy Lawler, the Managing Director of 2iC, will be conducting free talks seminars on the Consumer Protection Act (CPA), in partnership with Wilken Duff Attorneys.
Hoped this helped!
Happy Studying!
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Answer:
B. Firms that produce advertising trade in a "two-sided market".
Explanation:
It is a business model for economic exchange between two distinct user groups.
Answer:
They negotiate with creditors to reduce interest rates and fees
Explanation:
i just did the test and got it right
