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loris [4]
3 years ago
11

The purchase of new car is included in: investment expenditure consumption expenditure on services consumption expenditure on no

ndurable goods consumption expenditures on durable goods
Business
1 answer:
dimaraw [331]3 years ago
3 0

Answer:

Consumption expenditure on durable goods

Explanation:

Consumption expenditure includes expenditure on goods which are used for final consumption by households. This can be further classified into,

i) Expenditure on durable goods that is goods that can be used over a longer life span such as cars, furniture, refrigerator, etc

ii) Expenditure on non-durable goods that are goods that have a short-life span and thus must be stored for a longer time such as food, clothing, etc

iii) Expenditure on services  such as banking, insurance, traveling, etc

Thus, purchase of a new car is included in consumption expenditure on durable goods.  

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5 0
3 years ago
The ability of the president to veto a bill passed by congress is a good example of what principle of limited government?
spayn [35]

The ability of the president to veto a bill passed by congress is a good example of the checks and balances principle of limited government.

The Checks and Balances system gives each arm of government its own authority to check the others and prevent any one branch from gaining excessive power.

<h3>What is the importance of checks and balances?</h3>

In organizations, checks and balances can assist cut down on errors and avoiding improper conduct. The concept of checks and balances is most frequently applied to governmental structures, such as the executive, legislative, and judicial branches of the U.S. government.

A system in which each component of an organization, such as a government, has the ability to influence and regulate the others in order to prevent any one component from gaining undue power.

Since Congress manages the funds used to finance all executive activities, it holds the power of the purse. Federal officials are nominated by the president, but their confirmation by the Senate is required.

Learn more about Checks and Balances here:

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6 0
2 years ago
When considering an investment, which of the following is not one of the three critical factors used to evaluate future earnings
ladessa [460]

Answer:

A) Global event factor

Explanation:

7 0
3 years ago
The direct method of allocating service department costs allocates those costs to operating departments only
3241004551 [841]

The given statement " The direct method of allocating service department costs allocates those costs to operating departments only " is TRUE.

Explanation:

The direct approach transfers costs to each service department depending on the share of the procurement value of each agency. Many support branches are neglected in their programs.

The direct method simply transfers the expenses of each helping department to the operational divisions.

The direct method directly assigns costs to the operating departments, without any allocation to the rest of the services. The method is easy to apply but it does not take into account that other services require services, so it is less accurate.

3 0
3 years ago
BREIFLY EXPAIN THE WEEKNESSES OF RSA INDUSTRAIL DEVELOPMENT ZONES
GREYUIT [131]

Answer:

Disadvantages

Revenue losses because of the various tax exemptions and incentives.

Many traders are interested in SEZ, so that they can acquire at cheap rates and create a land bank for themselves.

The number of units applying for settimg up EOU's is not commensurate to the number of applications for setting up SEZ's leading to a belief that this project may not match up to the expextions.

<h2>Hope it helps you.</h2>

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3 years ago
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