The answer is d all of the abovten
Answer:
The correct option is C ,$15,300
Explanation:
GDP is a short form of Gross Domestic Product which is an indicator of total goods produced in an economy in a period of one year.
Using the expenditure method,GDP van be computed using the below formula:
GDP=C+I+G+(X-M)
C is the consumption in the economy which is $9000
I is the level of investment at $3,000
G is the government expenditure of $3,500
X is the export of $2,500
M is the import of $2,700
GDP=$9000+$3000+$3500+($2500-$2700)
GDP=$15,300
Hence the GDP is $15,300
Answer:
There are 4 conditions that make a market to be perfectly competitive:
- There must be a large number of buyers and sellers, and each one must be relatively small.
- All the sellers produce identical products or services.
- There are no barriers for entry or exit.
- All the buyers and sellers are price takers, no one can set the price at their own will.
Answer:
$5,000 Schedule A (Itemized Deductions)
Explanation:
Solution
We recall that:
George gas a gross income of =$5000
Property taxes =$3000
Operating expenses of =$1500
Deprecation expense of =$800
Now
Normally As per IRS, hobby expenses are normally subtracted up to the hobby income . hobby is pursued as enjoyment and not for making profits hence can not be termed as Profit and loss from business
Therefore George deductible expense for the year is $5,000 it would be taken from Schedule A (Itemized Deductions).
Answer:
The answer to this question is D. Commission
Explanation:
Stockbrokers are legal representatives who executes buy and sell orders for stocks and other securities on behalf of clients. The fee that the stockbroker charges for this service is called commission
Hence the answer is D. commission
