Answer:
The correct answer is option b.
Explanation:
GDP is a measure of economic growth that shows the level of final goods and services produced in an economy in a year. It includes only final goods and services, intermediate goods are not included.
So here the value of flour used to make bread will not be included as it is an intermediate good. But the value of bread will be included. The value of the second bag of the floor will be included as it is a final good sold to the consumer.
Increase in GDP
= $3 + $2
= $5
<span>When you buy a bond, you're lending your money to a company or a government (the bond issuer) for a set period of time (the term). The term can be anywhere from a year or less to as long as 30 years. In return, the issuer pays you interest. On the date the bond becomes due (the maturity date), the issuer is supposed to pay back the face value of the bond to you in full.</span>
Answer:
Leno Company will record a debit to Cash in the amount of: D. $9,800
Explanation:
The terms of 2/10, n/30 means 2% discount for the payment within 10 days and the full amount to be paid within 30 days.
Fallon Company pays the invoice within the discount period - early enough to receive a 2% discount. The discount amount is 2% x $10,000 = $200.
On the other hand, Leno Company has to offer a 2% discount to Fallon Company. Cash amount Leno Company receives = $10,000 - 2% x $10,000 = $9,800
Leno Company will record a debit to Cash in the amount of $9,800
Answer: The correct answer is Account A.
Explanation: The best type of account for Kylie is checking account A for three different reasons.
1. She has the $500 minimum balance to open the account.
2. She plans on using her bank’s ATM to make deposits and withdrawals, which are free for this account.
3. Kylie sometimes over draws her account, and Account A offers overdraft protection.
The three basic questions asked are:
1. What goods and services should be produced?
This is asked because the economy wants to produce what the consumers want or else the resources aren't being used efficiently since resources are scarce.
2. How should we produce them?
This is asked because the producers don't want to spend unnecessary time or money on production, so they must choose wisely what method of production is best for their company and consumers.
3. Who are the consumers?
This is asked because the producers want to make sure that they are targeting the right people with advertising or selling.
Hope this helped!
~Just a girl in love with Shawn Mendes
