Answer:
D. families eating out in restaurant
Explanation:
Gross domestic product ( GDP) is a measure of a country's level of output or production. Economists use the GDP index to determine if a company is making progress in terms of economic growth.
GDP is the aggregate monetary value of all products and services produced inside the borders of a nation in a financial period. In calculating GDP, economists can either use the income approach or the expenditure approach, the result will be the same.
One shorting of GDP is that it does not consider an increase in leisure activities. When a household is dining in a restaurant, that's a leisure activity. In the calculation of GDP, it will not count. The other threes are services that involve purchases of items; they will be included in the GDP.
Answer: 1. the percentage of income paid as taxes falls as income rises
Explanation: A REGRESSIVE TAX is a tax imposed in a way or manner in which the tax rate decreases as the amount subject to taxation increases. "Regressive" describes a distribution effect on expenditure or income, referring to the way the rate progresses from high to low, so in this case the average tax rate exceeds the marginal tax rate.
Answer:
The answer is True.
Explanation: The Halo Effect is the phenomenon whereby one's positive attributes leads to a cognitive bias in which our overall impression of the person is influenced. And this is reflected in how we feel and think about their character.
For instance, if a person nice, this may impact your evaluations of that person's intelligence and you may think the person is also smart.
In the scenario presented above, Lynn is experiencing the Halo Effect because she thinks because Jacques is outgoing and physically attractive, then he would also be good at his job and even outperform Bailey.
The cause of this lack of incentive to engage in economic activity is <u>the lack of legalized </u><u>property right</u><u>s</u>.
<h3>What are property rights?</h3>
Property rights establish the resources ownership and control. Generally, legalizing property rights recognize the the rights of:
- Possession
- Control
- Exclusion
- To derive income
- Disposition.
Thus, having official records indicating agricultural property rights will encourage Europeans to engage in economic and agricultural activities.
Learn more about legalizing property rights at brainly.com/question/913138
Answer:
Total contribution margin= $1,220,000
Explanation:
Giving the following information:
Purchase price= $1.8
Selling price= $14
Number of untis= 100,000
<u>First, we will determine the unitary contribution margin:</u>
Unitary contribution margin= selling price - unitary variable cost
Unitary contribution margin= 14 - 1.8
Unitary contribution margin= $12.2
<u>Now, the total contribution margin:</u>
Total contribution margin= 100,000*12.2
Total contribution margin= $1,220,000
