Answer:
The correct answer is C: 48000
Explanation:
The Expenditure Approach is a method of measuring GDP by calculating all spending throughout the economy including consumer consumption, investing, government spending, and net exports. This method calculates what a country produces, assuming that the finished goods and services of a country equals the amount spent in the country for that period.
<u>The formula is: </u>
GDP=C+I+G+/-NX
GDP: Gross Domestic Product
(C) consumer spending – this is the amount that all consumers spend on goods and services for personal use.
(I) investment – this is the amount that businesses or owners spend to invest in new equipment or expansions.
(G) government spending – this includes spending on new infrastructure like bridges and roads.
(NX) net exports – this includes spending on a country’s exports minus its spending on imports.
AddedGDP= 56000-8000
AddedGDP= 48000
Answer:
What would be the impact on January 1, 2015, the date of the sale?
The following journal entries should be made to register the sale:
January 1, 2015: 2 cars are sold
- Dr Cost of Goods Sold 37,000
- Cr Merchandise Inventory 37,000
- Dr Accounts Receivable 50,000
- Cr Sales Revenue 50,000
On January 30, 2015 Outback Subaru Limited received payment in full from the town for the cars. What would be the impact of this transaction on this date?
The following journal entry should be made to register the payment:
January 30, 2015: the local government paid the cars
- Dr Cash 50,000
- Cr Accounts Receivable 50,000
Answer:
The correct option is A
Explanation:
As the standard of living increases, the ecological footprint also incraeses which means that both are positively co-related with each other.
The amount of assets that number of people or population requires in order to produce the natural resources for its consumption is basically Ecological Footprint. the ecological footprint measures the portion of nature that human takes. In order to sustain the livelihood, the carbon footprint attempts to find out the estimation of usage of resources by an individual.
Answer:
1. privatize Social Security.
2. entitlements.
Explanation:
The author of the excerpt, Frederick Lynch, claims that even though AARP has been successful in blocking efforts to privatize Social Security in the past, it currently faces tough challenges since key allies are gone and opponents have mobilized to advance proposals for cutting or restructuring entitlements.