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3 years ago

Which of these identifies the three components of Gross Domestic Product?

Business

1 answer:

Marysya12 [62]3 years ago

8 0

Answer:

intermediate goods current year output produced by national borders

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Revenue and Cash Receipts Journals Transactions related to revenue and cash receipts completed by Sycamore Inc. during the month

galben [10]

Answer and Explanation:

The Preparation of revenue Journal and cash receipts Journal is shown below:-

Revenue Journal

Date Invoice Debited accounts Accounts received Dr,

 number Fees earned Cr,

March 2 512 Santorini Co. $905

March 8 513 Gabriel Co. $220

March 12 514 Yarnell Inc. $845

March 20 515 Electronic Central Inc. $195

March 31 Total $2,165

Cash Receipts Journal

Date Accounts Post ref. Fees Accounts Cash Dr,

credited earned Cr, receivable Cr,

March 4 CMI Inc. $205 $205

March 19 Yarnell Inc $555 $555

March 28 Marshall Inc.

(Fees earned) $160 $160

March 29 Santorini Co. $905 $905

March 31 McCleary Co.

(Fees earned) $85 $85

Total $245 $1,655 $1,910

8 0

3 years ago

Other things the same, which bond would you expect to pay the lowest interest rate?

Elis [28]

Answer:

d) a bond issued by the U.S. government

Explanation:

A bond issued by the US government will be expected to pay the lowest interest rate because the default risk is almost 0 with the US government which means that it is a risk free investment for the lender. The investor will be willing to lend money to US government at the lowest interest rate out of all the options because it is the safest investment therefore the investor's required rate of return is the lowest for US government.

3 0

3 years ago

"The Federal Reserve raises the reserve requirement from 7 percent to 8 percent. Consequently banks must set aside more money an

joja [24]

Answer: a. Inflation

Explanation:

Inflation refers to the general rise in prices of items in an economy in a certain period of time. Inflation essentially erodes the value of the domestic currency of the economy in question.

Central Banks like the Fed can use Monetary policy to influence inflation. In this case they reduced the amount of money in the economy by reducing bank loans. This will ensure that people cannot spend too much which would increase demand and therefore increase prices.

By doing this, they have limited the likelihood of inflation.

6 0

3 years ago

Under the Equal Pay Act:

Kitty [74]

Answer: Under the Equal Pay Act: "d. Wage differentials based on a seniority system are allowed.".

Explanation: The Equal Pay Act states that no employer should discriminate based on sex when paying wages for equal work in jobs But that wage differences can be established according to an seniority system (is allowed).

3 0

3 years ago

Which of the following is a current asset?

Arturiano [62]

Answer:

Explanation:

Current assets are considered short-term assets because they generally are convertible to cash within a firm's fiscal year, and are the resources that a company needs to run its day-to-day operations and pay its current expenses. ...

3 0

3 years ago