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3 years ago

GDP does not include which of the following activities?

Business

1 answer:

alexira [117]3 years ago

5 0

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.

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You are the manager of the public transit system. You are informed that the system faces a deficit, but you cannot cut service,

Karolina [17]

Answer:

Total revenue rises immedately after the fare increase, since demand over the immediate period is price Inelastic.

Explanation:

Elasticity in the price demand measures the porcentage in the change of the quantity demanded as a response to a change in the price. If the elasticity is more than 0 but less than 1 it means that the price demand is inelastic. So when the price is rised the quantity demand will decrease in a minor porcentage than the rise in the price so it will represent a bigger revenue.

4 0

3 years ago

Turk Manufacturing uses the net present value method to make the decision, and it requires a 15% annual return on its investment

Scrat [10]

Answer:

E) Only Machine B is acceptable

Explanation:

The computation is shown below;

For Machine A

Year Cash Flow PV Factor PV of Cash Flow

0 -$9,000 1 -$9,000

1 $5,000 0.8696 $4,348

2 $4,000 0.761 $3,044

3 $2,000 0.6575 $1,315

NPV -$293

Machine B

Year Cash Flow PV Factor PV of Cash Flow

0 -$9000 1 -$9,000

1 $1,000 0.8696 $869.6

2 $2,000 0.761 $1,522

3 $11,000 0.6575 $7,232.5

NPV $624.1

As we can see that from the above calculations that the npv for machine A is in negative so the same should not be accepted but for machine the npv is in positive so the same should be accepted

4 0

3 years ago

Fred Sweet runs dancing classes for middle-aged and elderly people. Some of Fred's customers lack physical coordination, and inj

Anuta_ua [19.1K]

Answer: the correct answer is D. That Fred used a fine-print exculpatory clause, which means that the customer lacked knowledge of the clause's existence.

3 0

4 years ago

Paul Martin had worked for 12 years for the department of transportation when he applied for a promotion to dispatcher. Martin s

Katen [24]

Answer:

a.)

The court has to hear the arguments from both side of the party , analyze the arguments that has imposed by the party on each other. And after analyzing, the court decide the judgement.

b.)

If I were the judge , then i would not consider the case under racial harassment .

Because the country has an argument that Palmer had gotten the job as part of a voluntary affirmative action plan designed to achieve a work force that reflected the race and gender composition of the county.

Also , we know others law that says about equal employment has to give to the person without any discrimination.

c.)

To lower down the illegal occupation activities , proper plan of the workspace is must.

Steps required for workspace planning -

1. Objective of Business

2. Current workforce

3. Workers Necessity

4. Gap Minimization

5. Action plan review.

Explanation:

As given,

Paul Martin had worked for 12 years for the department of transportation when he applied for a promotion to dispatcher.

Martin scored 75 on an interview test.

Betty Palmer, another candidate, scored 73 and got the job.

a.)

The court has to hear the arguments from both side of the party , analyze the arguments that has imposed by the party on each other. And after analyzing, the court decide the judgement.

b.)

If I were the judge , then i would not consider the case under racial harassment .

Also , we know others law that says about equal employment has to give to the person without any discrimination.

c.)

To lower down the illegal occupation activities , proper plan of the workspace is must.

Steps required for workspace planning -

1. Objective of Business

2. Current workforce

3. Workers Necessity

4. Gap Minimization

5. Action plan review.

5 0

3 years ago

E contributes $36,000 in cash to the business to receive a 10 percent interest in the partnership. Goodwill is to be recorded. P

Kisachek [45]

Answer:

A = $97,200

B = $32,400

C = $129,600

D = $64,800

E = $36,000

Explanation:

Provided for 10% share in business E contributes = $36,000

That means total capital = $36,000/10% = $360,000

Therefore remaining partner's share = 100 - 10% = 90%

Total Value of share of all partners except E = $360,000 - $36,000 = $324,000

Which shall be in the ratio

A = 30%, B = 10%, C = 40%, D = 20%

Therefore, capital balances shall be as follows:

A = $324,000 $\times$ 30% = $97,200

B = $324,000 $\times$ 10% = $32,400

C = $324,000 $\times$ 40% = $129,600

D = $324,000 $\times$ 20% = $64,800

E = $36,000

Total Share = $360,000

6 0

3 years ago