Answer:
a. not part of GDP because it is a transfer payment.
Explanation:
Unemployment compensation includes the funds given to a worker who is currently without a job but actively seeking one. Usually, it is funded from the taxes given to the state by employers.
GDP is the measure (in terms of money) of all goods made or services given in a time period (usually a year) in a particular country. Since the unemployment compensation does not reflect any produced goods or services, it is a <em>transfer paymen</em>t. Thus, it is not included in the GDP.
Answer:
Borrowing on a long-term is better.
Explanation:
During recession, sales and revenue declines due to the decrease in consumers' spending and low economic activity, profit and cash flow drops, interest rates are low and unemployment rises.
Borrowing on a long-term is better during recession better recession is not static. According to the phases of business cycle, after recession (contraction), we have trough, then expansion and peak period. And this business cycle vary from more than one year to 10 or 12 years.
Long-term loan also varies from more than one year to 15 years or more. So by the time the economy recovers from recession, paying interest on the debt will not be a problem.
Short-term loan is usually within a year. Going for this is discouraged because during recession, sales decrease, cash flow drops. So paying interest and the principal on this loan will be extremely difficult, thereby, exposing the company to liquidation. The company becomes a going concern.
The right answer for the question that is being asked and shown above is that: "D. advocacy groups." Organizations that advance a particular cause or belief are called advocacy groups. They are group of people who has a common cause in order to improve or do something in voluntary.
Answer:
$10,786.88
Explanation:
The total amount paid on loan will be the sum of monthly payments and the deposit paid.
Monthly payments = $888.49 per month
Number of months = 12
Total monthly payments : $888.49 x 12= $10,661. 88
Upfront fee( deposit) $125
Loan amount
=$10,661. 88 + $125
=$10,786.88
Answer:
$247,000
Explanation:
Calculation to determine the total of Hunter Products' liabilities at the end of May
Total of Hunter Products' liabilities=(400,000-150,000) - 60,000 + 63,000
Total of Hunter Products' liabilities=250,000 - 60,000 + 63,000
Total of Hunter Products' liabilities=$247,000
Therefore the total of Hunter Products' liabilities at the end of May will be $247,000