if the demand for a product is mostly inelastic (think cigarettes or alcohol), the impact of an excise tax will be mostly on the buyer.
The notion of elasticity is highly valued in neoclassical economic theory since it helps to understand a variety of economic concepts, such as indirect taxation incidence, marginal concepts connected to company theory, wealth distribution, and many sorts of commodities related to consumer choice theory.
Understanding elasticity is also essential when assessing welfare distribution, in particular consumer surplus, producer surplus, or government surplus.
Elasticity is a concept that can be found in many economic theories and several crucial indicators. These comprise the price elasticity of demand, supply, income elasticity, factor substitution elasticity, cross-price elasticity of demand, and inter-temporal substitution elasticity.
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Write a sentence with a word Inflation rate:
Hello, A sentence using the word "Inflation rate" is:-
The inflation rate is levelling up in the case of petrol.
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Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
a firm sells two products. product a sells for $100; its variable cost is $40. product b sells for $150; its variable cost is $75. product a accounts for 70 percent of the firm's sales, while b accounts for 30 percent. the firm's fixed costs are $1 million annually. assume the firm operates 300 days per year. how many dollars of sales does the firm need to generate per day to break even?
The dollars of sales that the firm would need to generate per day to break even, can be found to be $5, 848.
How to find the break even point?First find the profit percentages for the products:
Product A profit percentage:
= ( Selling price - Variable cost ) / Selling
= ( 100 - 40) / 100
= 60%
Product B profit percentage:
= (150 - 75) / 150
= 50%
The profit percentage for the two products is:
= (0. 7 x 60%) + ( 0.3 x 50%)
= 57%
If the fixed costs are $1 million then the breakeven point can be x which is:
57%x = 1, 000, 000
x = 1, 000, 000 / 57%
= $1,754,385.97
The daily break even is:
= 1,754,385.97 / 300 days per year operating days
= $5, 848
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a ________ is a network of activities for accomplishing a business function.
Answer:
busness process
Explanation:
What is the total monthly payment for this mortgage? Principal Per Month: $150 Interest Per Month: $820 Property Tax Per Year 0.5 percent of the value of the house ($140,000) Home Insurance Per Year $360 PMI Per Month $50 $58.33 $1,108.33 $970 $1,050
Answer:
its is 970
Explanation:
how can you find the weights to be used for the wacc, and which are more appropriate (market versus book)?
The equity amount used in the weight calculation should be consistent with the total equity as reported in the company's financial statements.
The weights used in the WACC calculation should be consistent with the financial data used in the analysis. For example, if the cost of debt is based on the interest rate on the company's outstanding debt, the corresponding debt amount used in the weight calculation should also be based on the outstanding.
The weights used in calculating the Weighted Average Cost of Capital (WACC) represent the proportion of a company's financing that comes from different sources. Typically, these sources include debt and equity, but other forms of financing, such as preferred stock, may also be included.
The weights used for the WACC calculation can be determined based on either the market value or the book value of each source of financing. The market value of a company's financing represents the current market price of its equity and the present value of its debt. The book value, on the other hand, represents the value of the financing as reported in the company's financial statements.
The choice between using market value versus book value weights in the WACC calculation depends on the specific circumstances of the company and the purpose of the analysis. In general, market value weights are considered more appropriate because they reflect the current market prices and investor perceptions of the company's financing. However, there are some situations where book value weights may be more appropriate, such as when the company has a stable capital structure and its market value and book value weights are similar.
To calculate the market value weights, the market value of equity is divided by the sum of the market value of equity and the market value of debt. To calculate the book value weights, the book value of equity is divided by the sum of the book value of equity and the book value of debt.
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Where do you report a stolen credit card to efta standards or pci standards
A merchant's PCI DSS compliance can be confirmed using the PCI Report on Compliance. The PCI DSS's standards and procedures were created to increase the security of credit card-based transactions and safeguard cardholder data from fraud and other unauthorized uses of their personal data.
To protect cardholders' private information and boost the security of transactions involving credit, debit, and cash cards, the Payment credit card Industry Data Security Standard (PCI DSS) is a well-known set of rules. PCI Compliance is NOT a one-time project but an ongoing practise. Merchants (the Business Owner) are in charge of overseeing the finances of their company's activities.
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how to make money online without paying anything 2020
Answer:
you could sell stuff online for no cost.
Explanation:
if china took 40 years to increase its real gdp per capita eightfold, what was its average economic growth during this period?
Answer:
5.25
Explanation:
Explain how Transnet could respond to disruption as a risk by
making use of the ‘risk management process’
Transnet can ensure that it is prepared to deal with disruption risks. This process allows Transnet to identify potential disruptions, assess their impact, and develop and implement strategies to reduce their likelihood and mitigate their consequences. This helps Transnet to ensure that its services continue to operate smoothly, even in the face of disruptions.
Transnet could respond to disruption as a risk by making use of the ‘risk management process’ as follows:
Transnet is a state-owned enterprise that is responsible for managing South Africa's railway, ports, and pipeline infrastructure. It must respond to disruption risks in order to ensure that its services continue to run without interruption. Transnet's risk management process can assist it in identifying and addressing potential disruptions.
Explanation
Transnet's risk management process has the following steps:
1. Identify risks: The first step is to determine the sources of disruption and the likelihood of these risks occurring.
2. Analyze risks: The next stage is to assess the potential impact of these disruptions on Transnet's services and to prioritize them based on their severity
.3. Develop risk management strategies: The next stage is to develop strategies for reducing the likelihood of these risks and mitigating their consequences.
4. Implement risk management strategies: The next stage is to implement the strategies and monitor their effectiveness.
5. Review and improve the risk management process: The last stage is to evaluate the effectiveness of the process and make adjustments where necessary.
Conclusion
Therefore, by following this risk management process, Transnet can ensure that it is prepared to deal with disruption risks. This process allows Transnet to identify potential disruptions, assess their impact, and develop and implement strategies to reduce their likelihood and mitigate their consequences. This helps Transnet to ensure that its services continue to operate smoothly, even in the face of disruptions.
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During the current fiscal year, the Palm Springs government recorded a $25,000 transfer from the General Fund to an internal service fund, a $25,000 transfer from the General Fund to an enterprise fund, a $5,000 transfer from an enterprise fund to an internal service fund, and a $15,000 transfer from an enterprise fund to the General Fund. In the Business-type Activities column of the government-wide financial statements, Palm Springs should report Multuple Choice Net transfers out of $10.000. Net transfers in of $5,000 Net transfers out of $15,000. Net transfers in of $30,000.
The correct option is C. Net transfers out of $15,000. Explanation: The transfer of financial resources from one fund to another fund is known as an Interfund Transfer.
Interfund transfers might happen between types of funds including Entedifferent rprise Funds, General Funds, Internal Service Funds, and Special Revenue Funds. During the current fiscal year, Palm Springs government has recorded a $25,000 transfer from the General Fund to an internal service fund, a $25,000 transfer from the General Fund to an enterprise fund, a $5,000 transfer from an enterprise fund to an internal service fund, and a $15,000 transfer from an enterprise fund to the General Fund.
Therefore, the transfers of $25,000 from General Fund to Enterprise Fund, $5,000 from Enterprise Fund to Internal Service Fund, and $25,000 from General Fund to Internal Service Fund, will be considered as Net Transfers Out ($25,000 + $5,000 + $25,000 = $55,000). Whereas, the transfer of $15,000 from the Enterprise Fund to the General Fund will be considered as Net Transfers In ($15,000).Thus, the Business-type Activities column of the government-wide financial statements will report Net Transfers Out of $15,000.
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the existence of money enables us to avoid barter. in this capacity, money is functioning as a
The existence of money enables us to avoid barter. In this capacity, money is functioning as a medium of exchange.
The existence of money indeed enables us to avoid barter, which is the direct exchange of goods and services without the use of money. Money serves as a medium of exchange, allowing us to easily trade goods and services without the complications of bartering. Therefore, in this capacity, money is functioning as a facilitator of transactions and as a means of measuring value. By using money, we can easily assign a value to goods and services, making it simpler to buy and sell them in a market economy.
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YASHARI earns $27,000 per year, is single, and lives in Wyoming. She has $7000 in Direct Subsidized loans and another $19,000 in Direct Unsubsidized loans. She is trying to save up an emergency fund of at least 6 months’ take-home pay, so she’s torn about how much she should devote to her student loans and how much to the emergency fund every month.
- Which plan has the highest total amount paid? How long is the repayment period for this plan?
a) The plan with the highest total amount paid is the Direct Unsubsidized Loan of $19,000 because, in addition to the interest, the principal amount is higher than the Direct Subsidized Loan.
b) The repayment period for the Direct Unsubsidized Loan is 10 years after graduation if the Standard Repayment Plan is chosen.
What are unsubsidized and subsidized loans?Subsidized Loans are student loans subsidized by the Federal Government, especially with respect to the interest payment.
Subsidized Loans do not accrue interest during school at least half-time or during deferment periods. They are available for undergraduate and graduate students in financial need.
Unsubsidized Loans are federal student loans for both undergraduate and graduate students that are not based on financial need. They accumulate interest during school if the student does not elect to make monthly interest payments.
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Question Garage, Inc., has identified the following two mutually exclusive projects:
Year Cash Flow A Cash Flow B
0 -$ 28,000 -$ 28,000
1 13,400 3,800
2 11,300 9,300
3 8,700 14,200
4 4,600 15,800
a). What is the IRR for each of these projects?
b). If the required return is 10 percent, what is the NPV for each of these projects?
c). At what discount rate would the company be indifferent between these two projects?
a). The IRR for each of these projects is 16.4%.
b). If the required return is 10 percent, the NPV for each of these projects are NPV(A) is $3,256.56, and NPV(B) is $8,350.49
c). The company would be indifferent between these two projects at the discount rate of approximately 14.7%
a) For the IRR of each project, we need to consider the discount rate that makes the NPV of each project equal to zero. Using a financial calculator or Excel, we can count that the IRR for Project A is approximately 13.3% and the IRR for Project B is approximately 16.4%.
b) To calculate the NPV for each project using a required return of 10%, we can discount each cash flow using the present value formula:
NPV(A) = -$28,000 + $13,400/(1+10%)^1 + $11,300/(1+10%)^2 + $8,700/(1+10%)^3 + $4,600/(1+10%)^4
NPV(A) = $3,256.56
NPV(B) = -$28,000 + $3,800/(1+10%)^1 + $9,300/(1+10%)^2 + $14,200/(1+10%)^3 + $15,800/(1+10%)^4
NPV(B) = $8,350.49
c) The discount rate at which the company is indifferent between these two projects, we need to determine the crossover rate. This is the rate at which the NPVs of the two projects are equal. We can use trial and error or a financial calculator to find that the crossover rate is approximately 14.7%. At discount rates above 14.7%, Project B has a higher NPV, and at discount rates below 14.7%, Project A has a higher NPV.
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How does a common-market agreement benefit citizens of a member country?
straight voting: a.is the normal method for shareholder voting on corporate matters.b.increases the voting power of minority shareholders.c.restricts each shareholder to one vote, regardless of the number of shares owned.d.must be available for preferred shares.
Straight voting is the normal method for shareholder voting on corporate matters. It restricts each shareholder to one vote, regardless of the number of shares owned.
This means that the voting power of minority shareholders is not increased, as opposed to other methods such as cumulative voting. Straight voting must be available for preferred shares as well. In straight voting, each shareholder has one vote per share they own, and this method does not increase the voting power of minority shareholders. This type of voting is typically used for common shareholders, and it is not required to be available for preferred shares. Straight voting is the normal method for shareholder voting on corporate matters.
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https://brainly.com/question/24338152#SPJ11Mel suddenly finds an opportunity to sell boxed dinners. The new opportunity would require the use of the 30 percent unused capacity. The contribution margin from the dinners would amount to $3,000 annually. Required: a. If Mel decides to sell dinners, what are the total costs for both making and buying the cookies?
Answer:
$900
Explanation:
The computation of the total cost for both making and buying the cookies is given below:
But before that the variable cost per unit is
= (Cost of goods sold - fixed cost) ÷ (sales units)
= ($13,500 - $4,500) ÷ ($180,000 ÷ 6)
= $3
now the total cost is
= 300 × $3
= $900
A context diagram of the Cargo Shipping Process from the perspective of the CArgo Section at CaribAir
The context diagram provides a high-level view of the cargo shipping process and the interactions between the Cargo department at CaribAir and its external entities. It helps to ensure that all stakeholders are accounted for and that the system operates effectively and efficiently to meet the needs of its customers.
A context diagram is a high-level view of a system that shows its interactions with external entities. In the context of the cargo shipping process from the perspective of the Cargo department at CaribAir, the context diagram would illustrate the external entities that interact with the department, including customers, shipping agents, freight forwarders, and other stakeholders.
The Cargo department at CaribAir is responsible for managing the shipment of goods via air transport. This involves receiving and processing orders from customers, coordinating with shipping agents and freight forwarders, preparing cargo for transport, and ensuring that it is delivered to its destination safely and on time.
The context diagram would show the external entities that interact with the Cargo department at CaribAir, including customers who place orders, shipping agents who provide information on cargo availability and transportation options, freight forwarders who coordinate the shipment of goods, and other stakeholders such as customs authorities and regulatory bodies.
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Complete question:
Describe the context diagram of the cargo shipping process from the perspective of the CArgo department at CaribAir and understand what CArgo is
Which of the following is a feature of seed financing? O a. The managerial involvement is very high. The company has to start up all operations Ob Money is used to finance research: The company needs money to finance the development C. Money is used to pay off debtors.
The correct option is: a. The managerial involvement is very high. The company has to start up all operations .
Seed capital is the cash raised to begin developing a thought for a business or another item.
This funding for the most part takes care of just the expenses of creating a proposition.
In the wake of securing seed financing, startups might approach financial speculators to obtain extra financing.
Some seed capital might come from angel investors — proficient investors who have a high total assets.
A company that is initially starting out may have restricted admittance to funding and different sources. Banks and different investors might be reluctant to invest in light of the fact that it has no set of experiences or laid out history, or any proportion of accomplishment. Many startup executives frequently go to individuals they know for initial investments — loved ones. This financing is alluded to as seed capital.
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During selection, a job applicant’s past performance, experience and education are all examples of ____________.
a) Group of answer choices
b) elements of job performance
c) selection criteria
d) predictors of selection criteria
e) none of the suggested answers is correct
During selection, a job applicant’s past performance, experience and education are all examples of selection criteria. The correct answer is option(c).
Several criteria are taken into account while choosing a job candidate in order to determine their appropriateness for the role. These elements—also referred to as selection criteria—help employers assess the credentials, competencies, and qualities of applicants. Past performance, experience, and education are key factors among these requirements.
Past performance refers to a candidate's record in prior positions or tasks. Employers might evaluate their capacity to carry out duties proficiently, meet goals, and meet expectations. Examining prior performance might reveal information about a candidate's work ethic, abilities, and general ability.
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Find the total balance of each investment account earning simple annual interest. A: $624 at 5% for 3 years B: $4,120 at 7% for 18 months C: $900 at 3. 1% for 6 months D: $275 at 4. 8% for 8 years.
Answer:
formula: Interest = P * R * T /100
Apply it in every part.
A) I = 624 * 5 * 3 / 100
I = 9360/100
I = 93.60
So, Total amount = 93.60 + 624 = $717.60
B) I = 4120 * 7 * 3 / 2*100
I = 86520 / 200
I = 432.60
So, Total amount = 432.60 + 4120 = $4552.60
C) I = 900 * 3.1 * 1 / 2 * 100
I = 2790 / 200
I = 13.95
So, Total Amount = 13.95 + 900 = $913.95
D) I = 275 * 4.8 * 8 /100
I = 10560 / 100
I = 105.60
So, Total amount = 105.60 + 275 = $380.60
Explanation:
What is the purpose of the Subtotal feature?
The buyer of an industrial complex wants the broker to place the earnest money in an interest bearing account. The broker does this, clearly identifying all parties who are to receive the interest and the date the earned interest is to be disbursed. With only the verbal consent of the buyer, he places the money in an insured account in a depository in Florida. When the time comes to disburse the account, the broker will write a check to the buyer for the interest as the buyer agreed. Which statement describing this situation applies?
Answer:
Explanation:
In this situation, the statement that would best apply would be that the broker does not have the right to ever use an interest-bearing account under Florida Real Estate laws. Since Florida Real Estate laws specifically prohibit a broker from placing a clients money in an interest account then the broker in this scenario is breaking the law and can have his real estate license taken away as well as being fined.
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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True or False
1. Dividends paid to corporate stockholders have already been taxed once as corporate income
2. One advantage of the corporate form of organization is that income received by stockholders is not taxable since the corporation already paid taxes on the income distributed.
3. A corporation must have more than 100 stockholders to qualify for Subchapter S designation.
4. Corporate governance issues have become less important to the financial community during the first decade of the new millennium.
5. Agency theory assumes that corporate managers act to increase the wealth of corporate shareholders.
6. The Sarbanes-Oxley Act is primarily intended to increase public scrutiny of private companies that had previously been exempt from many public disclosure requirements.
7. The primary market includes the sale of securities by way of initial public offerings
Answers are 1. False, 2. False, 3. False, 4. False, 5. True, 6. False, and 7. True.
Why the statements true or false in the given question?1. True - Dividends paid to corporate stockholders have already been taxed once as corporate income. This is because when a corporation earns income, it must pay corporate income taxes on that income. Any remaining profits are then distributed to shareholders in the form of dividends, which are then taxed again as dividend income.
2. False - One advantage of the corporate form of organization is that income received by stockholders is not taxable since the corporation already paid taxes on the income distributed. This is not true because when a corporation distributes its profits to shareholders, those profits are taxed as dividends at the individual shareholder's income tax rate.
3. False - A corporation must have more than 100 stockholders to qualify for Subchapter S designation. This is not true because a Subchapter S corporation can have as few as one shareholder.
4. False - Corporate governance issues have become less important to the financial community during the first decade of the new millennium. On the contrary, corporate governance has become increasingly important as corporate scandals have become more prevalent.
5. True - Agency theory assumes that corporate managers act to increase the wealth of corporate shareholders. This is because it is the fiduciary responsibility of corporate managers to act in the best interest of shareholders.
6. False - The Sarbanes-Oxley Act is primarily intended to increase public scrutiny of private companies that had previously been exempt from many public disclosure requirements. The Sarbanes-Oxley Act is actually intended to increase the accountability and transparency of public companies by increasing the requirements for disclosure and reducing the freedom of corporate managers to make decisions without oversight.
7. True - The primary market includes the sale of securities by way of initial public offerings. An initial public offering (IPO) is when a company first offers its securities to the public. It is the first time the company has offered securities to the public and is the primary market for the company's securities.
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A test was done to see if different levels of lighting make a difference on workers' productivity. A work place was chosen and one group of workers continued to work with normal lighting conditions, while another group of workers were exposed to 50 percent more light, and yet another group was exposed to 100 percent more light. To compare these three groups of workers regarding their productivity (that is, to compare three means), I would use which statistical test? a. Pearson's b. ANOVA c. Chi square d. Independent t test
B). If we want to compare the productivity of three different groups of workers exposed to different levels of lighting conditions, we need to use an appropriate statistical test. In this case, the most suitable test to use would be ANOVA (Analysis of Variance).
ANOVA is used to compare the means of three or more groups. It is an extension of the t-test, which is used to compare the means of two groups. ANOVA determines whether there are significant differences between the means of the groups, and if so, which groups differ significantly. In the case of this experiment, we have three groups of workers exposed to different lighting conditions. By using ANOVA, we can determine whether there is a significant difference in productivity between the three groups. If the ANOVA test shows a significant difference, we can then conduct post-hoc tests, such as Tukey's test, to determine which groups differ significantly from each other.
In conclusion, ANOVA is the appropriate statistical test to use when comparing the means of three or more groups, making it the ideal test to use in this particular experiment to compare the productivity of workers exposed to different levels of lighting conditions.
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Which of the following list correctly iidentifies a few of the basic events all market economies share
Private property, freedom, self-interest, competition, minimum government intervention are the characteristics of a market economy.
Individual ownership of private property, The right to make a profit from private property and the law of supply and demand identifies a few of the basic events all market economies share.
Several fundamental principles are shared by market economies. First off, having private property as an individual gives one the freedom to possess and manage assets. Responsible resource management and investment are encouraged by this ownership. Second, one of the primary forces behind economic activity is the right to profit from private property. It promotes risk taking, innovation and entrepreneurship, which helps the economy grow.
The law of supply and demand is a foundational principle. According to this, the equilibrium between supply the amount that is readily available and demand (consumer preferences) determines the prices of goods and services. Collectively, these ideas create the framework for market economies encouraging competition, creativity and effective resource allocation.
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Which of the following list correctly identifies a few of the basic events all market economies share
Individual ownership of private property; the right to make a profit from private property; the law of supply and demand
repurchase of stock ________ the earnings per share and ________ the market price of stock.
Repurchase of stock increasesthe earnings per share and may increase the market price of the stock.
When a company repurchases its own shares from the market, the total number of outstanding shares decreases. This reduction in the number of shares outstanding has a positive impact on the earnings per share (EPS) calculation. With fewer shares in circulation, the company's earnings are divided among a smaller number of shares, leading to an increase in the EPS.
The increase in EPS can be seen as a favorable outcome by investors and may have a positive influence on the market perception of the company's financial performance. As a result, it is possible for the market price of the stock to increase, reflecting the improved earnings per share and the potential positive sentiment surrounding the stock repurchase.
However, the impact on the market price of the stock may also depend on other factors such as market conditions, investor sentiment, and the company's overall financial health. It is important to note that stock repurchases do not always result in an immediate or guaranteed increase in the market price of the stock.
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Interest payable, income tax payable and salary payable are all examples of _______.
Those are all examples of liabilities. To be more specific, they are current liabilities. Interest payable, income tax payable, and salary payable are obligations that must be paid of within one operational cycle, thus they are just current liabilities.
Current liabilities are debts that must be paid off within a year or one operational cycle, whichever comes first. They can also be paid off using current assets or generate new current liabilities.
Analysts, accountants, and investors assess a firm's payables to determine how effectively it can fulfill its short-term financial obligations thus, the firm basically needs to generate sufficient profits and money in the immediate term to meet its debt commitments.
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John buys a used car for $5,400 and spends $600 on new parts, made in the U.S., to fix the car. The end result of these two transactions isa. U.S. consumption purchases increase by $5,400 and U.S. GDP increases by $5,400.b. U.S. consumption purchases increase by $6,000 and U.S. GDP increases by $6,000.c. U.S. consumption purchases increase by $600 and U.S. GDP increases by $600.d. U.S. consumption purchases increase by $600 and U.S. GDP increases by $6,000.
Answer:
C
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products