Answer:
B
Explanation:
Real GDP measure total economic output by an economy in a specific geographical boundary regardless of ownership of factors of production, within a year, ceteris paribus.
Real GDP is a good indicator but is not a perfect indicator as underground economy (private tuition whereby taxes and consumption of goods and services) are not accounted for.
Real GDP does not measure Non-Material standard of living like leisure hours, health and life expectancy... It needs other indicators.
Both B and D is a bit effy as:
For D, GDP does not even measure such Non-Material SOL
For B, GDP is not 100 percent accurate on measuring household production (local production? I believe there is no such phrasing as household production as by economics, household is involved in household spending, Contributing to Consumption expenditure in Aggregate Demand.) as there are other factors like presence of underground economy that is not accounted for.
However, B seems like the most accurate ans as it still measures national output.
Answer:
c. the cost of corporate advertising aired during the Super Bowl.
Explanation:
Financial statements show the financial position of a business for a given period, and the income statement compares revenue and expenses to get profitability of a business at a particular time.
Higado Confectionery Corporation has a number of store locations throughout North America. Since there is segmented income statement per store items like store manager salaries, store building depreciation expense and cost of goods sold at each store will appear in individual statements.
However when there is a corporate advertisement at the Superbowl all of the stores jointly benefit, so there will be a representation of this cost on all their income statements.
Answer:
His tax liability for 2019 (due April 2020) is $23,359.50
Explanation:
Since Robert s a single filer, he falls under the fourth tax bracket: income between $84,201 to $160,725. His marginal tax rate is 24%, and his total taxes due are as following:
<u>tax rate</u> <u>earnings</u> <u>taxes due</u>
10% $0 – $9,875 $987,50
12% $9,875 – $40,125 $3,630
22% $40,126 – $85,525 $9,988
24% $85,526 – $122,000 $8,754
total $23,359.50
*Option C is the closest one, but it used the 2018 tax brackets, not the 2019.
1. This is the hardest question to answer of all of them. It depends on who you read. The New York Times has a different policy than the Huffington Post. I'll say it is intended to be true.
2. True. That's why they are called specialty shops.
3. Sometimes. There are other possibilities. I think you are intended to say true.
4. True. They do.
5. False. It's the other way around.
That statement is true.
<span>outright bequest is another term for 'inheritance;.
When a man dies without writing any particular will, all of the assets that the man possess would be given to the spose. Due to unlimited marital deduction, the wife does not need to pay any form of taxes for all the wealth that she recieved</span>
