Answer:
a. GDP will increase
b. No effect on GDP
c. GDP will increase
d. GDP will increase
e. GDP will rise
Explanation:
Gross domestic product is the total monetary value of all the finished goods produced in the country during a specific period. When a new house is constructed it will create value for the economy and GDP will rise but when an old house is resold again there is no addition in the monetary value so there will be no effect on GDP.
Answer and Explanation:
The preparation of the plant assets is shown below:-
Plant Assets
Partial Balance Sheet
December 31, 2013
Land $4,897,200
Buildings $26,630,000
Less : Accumulated Depreciation $13,904,550 $12,725,450
Equipment $46,406,800
Less : Accumulated Depreciation $9,182,250 $37,224,550
Total Plant Assets $54,847,200
Note:- Here, Building Details for 2023 are not provided, it will be included in the accumulated depreciation above if available
A decrease in the required reserve ratio increases the money supply; an open market purchase increases the money supply.
Answer:
False.
Explanation:
Individuals in high-context cultures do not show the above mentioned traits. High-context cultures requires elegance and sophisticated attitude and behavior and not much of the direct interaction in an unnecessary conversation. Rather, these traits of direct verbal interaction, value individualism, relying on logic, saying "NO" directly, and giving authority to written information are traits of low-context cultures. Therefore, the given statement is false.
