Answer:
It is a key indicator of the overall health and growth of the economy, and it is used to determine economic policy going forward. For example, the Federal Reserve factors real GDP as well as the rate of inflation into its decisions on influencing the money supply.
Answer:
Date Account Title Debit Credit
Dec 11, 2018 Interest receivable $20,600
Interest revenue $20,600
Explanation:
The interest receivable on December 31, 2018 would be based on the lease amount at the end of the year which will be the present value of the lease less the lease amount paid for the year:
Lease amount = 240,000 - 34,000
= $206,000
Interest receivable = 206,000 * 10%
= $20,600
Answer:
Gross National Product (GNP) is the total value of all finished goods and services produced by a country's citizens in a given financial year, irrespective of their location.
<em>Hope that helps! :)</em>
Explanation:
Answer:
False
Explanation:
The Expectancy Theory was formed by Victor Vroom in the year 1964. This theory stipulates that for a worker to be motivated to participate in a task, it would be a result of how motivated he is. The satisfaction derived from the reward is known as the valence. The employee must attach a high level of importance to the reward for it to be classified as having a high valence.
In the case of Grant, in the above scenario, the motivating factor or valence needed for him to participate in the years contest and emerge a winner is an all-expense paid trip to Taiwan. Unfortunately, this reward does not have a high valence for Grant because he does not like to go to countries where he cannot speak the language. Therefore, he is not enthusiastic about the reward.
Call the bank and have them cancel the card
