1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
evablogger [386]
3 years ago
12

Transfer Payments $54

Business
1 answer:
Bingel [31]3 years ago
3 0

Answer:

  • GDP = $602
  • National Income = $492

Explanation:

Gross Domestic Product is the final value of the goods and services produced in a country in a given year.

It is calculated as:

= Consumption + Investment + Government spending + Net Exports

= 304 + 124 + 156 + 18

= $602

National Income = GDP - Depreciation - Indirect business taxes

= 602 - 36 - 74

= $492

You might be interested in
When some people know things that other people don't know, there is _____; it can _____ economic decisions.
iVinArrow [24]

Answer:

The answer is "Risk aversion" ,"Facilitate"

Explanation:

In financial aspects and business, Risk aversion is the conduct of people (particularly customers and speculators), who, when presented to vulnerability, endeavor to bring down that vulnerability. It is the faltering of an individual to consent to a circumstance with an obscure result as opposed to another circumstance with a more unsurprising result yet conceivably lower anticipated result.

For instance, a Risk avert specialist may decide to invest their cash into a ledger with a low yet ensured loan fee, as opposed to into a stock that may have high anticipated returns, yet in addition includes an opportunity of losing esteem.

3 0
3 years ago
Ann and Bob form Robin Corporation. Ann transfers property worth $420,000 (basis of $150,000) for 7 share in Robin Corporation.
Art [367]

Answer:

Explanation:

1. Ann does not recognize gain.

Bob gains 15,000 for his service

2. Ann has a basis of 150,000 and Bob has a basis of 45,000(30,000+15,000)

3. Robin Corportaion has a basis of 150,000 in the property Ann transferred and a basis of 30,000 in the property Bob transferred.

3 0
3 years ago
Computing liquidity ratio is _____ but interpreting them is____ .
Bad White [126]

Answer:

don't know.........

Explanation:

sorry

4 0
3 years ago
A price ceiling set at a. $16 will be binding and will result in a shortage of 4 units. b. $6 will be binding and will result in
serg [7]

Answer:

A price ceiling set at $6 will be binding and will result in a shortage of 8 units.

Explanation:

In order for a price ceiling to be binding, it must be set below the equilibrium price level. In this case, $6 is below the equilibrium price of $10. It will produce a shortage of 8 units because the quantity supplied by producers will be only 6 units, while the quantity demanded by consumers will be 14 units.

Binding price ceilings always produce a deadweight loss which is represented by the area between the demand curve and the supply curve left to the equilibrium price.

4 0
3 years ago
Suppose a basket of goods and services has been selected to calculate the consumer price index. In 2005, the basket of goods cos
scZoUnD [109]

Answer:

Correct option is C.

If the CPI is 156.25 in 2007, then 2005 is the base year.

Explanation:

The CPI js given by the formula:

Current year prices/base year prices x 100

Given the values in years 2005,2006 and 2007, of all the given options, option (c) if the CPI is 156.25 in 2007, then 2005 is the base year is corrrect. This is because calculating CPI for 2007 using the above formula and 2005 as base year gives us CPI as 156.25.

5 0
3 years ago
Other questions:
  • Strategy implementation can be the most difficult part of the strategic management process. Which of the following is not likely
    14·1 answer
  • Without trade, jake consumes 20 pounds of green beans and 80 pounds of corn, and jane consumes 40 pounds of green beans and 40 p
    12·1 answer
  • Which of these is NOT true about a military training
    13·1 answer
  • Data are:_________.
    13·2 answers
  • The Marshall Company has a process costing system. All materials are added when the process is first begun. At the beginning of
    8·1 answer
  • Traditional monetarists advocate for a rule for _____________ , while market monetaristsargue that monetary policy should focus
    7·2 answers
  • In 2010, Roso Carlson Company had net credit sales of $750,000. On January 1, 2010, Allowance for Doubtful Accounts had a credit
    5·1 answer
  • In the past,men were paid more than women for the same work​
    7·2 answers
  • What can happen to individuals who provide for themselves through farming, fishing, or hunting, and who barter and trade in low-
    8·1 answer
  • At the time of Carol's 10 year high school reunion she was making $30,000 and the CPI was 90. Now that is is time for her to att
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!