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Veronika [31]
2 years ago
8

Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.

Business
1 answer:
Archy [21]2 years ago
3 0

Answer:

not included

consumption

consumption

government spending

consumption  

business spending

business spending

consumption and inventory  (consumption increases and business inventory reduces)

Explanation:

Gross domestic product is the total sum of 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 by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.  

Items not included in the calculation off GDP includes:  

1. services not rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

6. transfer payments

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YASHARI earns $27,000 per year, is single, and lives in Wyoming. She has $7000 in subsidized loans and another $19,000 in unsubs
Delvig [45]

Answer:

a) 14.43% ,  The amount is reasonable

b) Pay as you go

c) Yashari should should prioritize paying the Loan instalment before saving for the emergency fund

d) Standard repayment plan

Explanation:

Yashari Monthly take-home pay = $1850

<u>a) Determine the % of her paycheck goes toward student loans if she chooses standard repayment</u>

Rate of interest = 4.30%

hence % of her paycheck that goes toward student loan = 14.43%

The repayment amount = $32035. which is very reasonable as well

b) what plan that has the longest repayment period  

PAYE ( pay as you earn ) has the longest repayment period

<u>c)  prioritizing between her emergency fund goal and student loan </u>

Yashari should should prioritize paying the Loan instalment before saving for the emergency fund because of the penalties that comes with loan defaulting

d) Yashari should select the Standard repayment plan because the final amount paid using this plan is lower

4 0
2 years ago
Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of
ludmilkaskok [199]

Answer:

Decrease by $132,100

Explanation:

Computation of the given data are as follow:-

We can calculate the  Operating Income by using following formula:-

Fixed Cost = Fixed Cost * Dropped Rate

= $193,000 * 30/100

= $57,900

So, Operating Income = Sales - Variable Cost - Fixed Cost  

= $,1050,000 - $860,000 - $57,900

= $132,100

According to the Analysis, the operating income will be decrease by $132,100 if the business segment is eliminated.

8 0
3 years ago
On December 31, 2022, before any year-end adjustments, Canterbury Shoe Repair's Prepaid Insurance account had a balance of $3,50
Helen [10]

Answer:

$2,200

Explanation:

The computation of the adjusted balance of prepaid insurance is shown below:

= Expired amount of prepaid insurance

= $2,200

Insurance expense A/c Dr $2,200

    To Prepaid insurance Cr $2,200

(Being the insurance expense is recorded)

At the time of insurance expired, the amount is transferred from current asset to the insurance expense account in the income statement

4 0
3 years ago
Use the concepts of gross investment and net investment to distinguish between an economy that has a rising stock of capital and
Vlada [557]

Answer & Explanation:

because negative net investment means the economy produced no new capital goods in that year.

5 0
3 years ago
Suppose the demand for wheat increased dramatically between 1950 and 2000 but the equilibrium quantity increased only slightly.
Dahasolnce [82]

Answer:

Because Demand is more Inelastic.

Explanation:

Market Equilibrium is determined where Market Demand = Market Supply & upward sloping supply curve, downward sloping demand curve intersect .

If Demand is more inelastic (less respondent to price) , the demand curve is steeper. This implies massive increase i.e rightwards shift in demand curve - would establish new equilibrium with equilibrium quantity increased slightly.

4 0
3 years ago
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