If a parent spends 2 hours each weekday transporting his or her children to school, this activity Select one: a. is included in GDP because statisticians know that this activity has to take place. b. is included in GDP if the school system does not provide transportation for these children. c. is not included in GDP because it does not involve a market transaction. d. is not included in GDP because it is not productive
Answers
If a parent spends 2 hours each weekday transporting his or her children to school, this activity is not included in GDP because it does not involve a market transaction.
So, the correct answer is C.
GDP (Gross Domestic Product) measures the value of goods and services produced within a country's borders in a specific time period.
It typically includes market transactions, where goods and services are exchanged for money.
In this case, the parent's time and effort in transportation do not involve any monetary exchange, and thus, it is not considered in GDP calculations.
Hence, the answer of the question is C.
Learn more about GDP at https://brainly.com/question/14273126
#SPJ11
Related Questions
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUCustomers are demanding your product. Unfortunately, you are struggling to create supply at the same rate. Based on the law of demand, what could you do to decrease the demand?
1. Decrease the supply
2. Decrease the price
3. Increase the supply
4. Increase the Price
Answers
Answer: Increase the Price
Explanation:
Since the customers are demanding for ones product while the supplier is struggling to create supply at the same rate, the way that the supplier can reduce the demand for the product is to increase the price.
According to the law of demand, when price of a product increases, the consumers will demand less for that product and in a situation whereby there's reduction in price, more of the product will be demanded.
Assumed that you need to supply a school canteen of bottled mineral water, 500 ml with a cost of P6.50/bottle, how do you determine the price per bottle? Explain your answer by showing your computation
Answers
Based on the cost of the bottle, the price of the bottle can be determined by a markup percentage.
What is a markup percentage?In order to determine the price of the bottle, you should use a markup percentage which will be based on your required profit level.
For instance, if you want to make a 40% profit on the cost then use a 40% markup to find the price as:
= Cost of bottle + (Cost of bottle x 40%)
Solving gives:
= 6.50 + (6.50 x 40%)
= $9.10
In conclusion, use a markup percentage.
Find out more on markup percentages at https://brainly.com/question/5189512.
1. What does it mean to set up an “automatic deposit” and why is this a good savings strategy?
Answers
Answer:
an automatic deposit will put a set amount of money away into savings without you having to do it that way you will not have to worry about it and won't be tempted to spend it instead of saving it. it's a good strategy because it eliminates that temptation and makes it so much easier to save without falling off track
Consider a family who borrows $250,000 to purchase a new home at a fixed interest rate of 8.5%. If inflation increases from 4% to 5.5%, how will this impact the real interest rate the family will be paying?
Answers
The home loan must be repaid at a real interest rate of 3%; (8.5%-5.5%=3%).
Real interest rateA real interest rate is adjusted to remove the effects of inflation and gives the real rate of a bond or loan. A nominal interest rate refers to the interest rate before taking inflation into account.
Learn more about real interest rate here:
https://brainly.com/question/13324776
#SPJ4
The person in charge of product movement is the ?
Answers
Answer:
Distributor I believe
Answer:
Sales Manager :)
Explanation:
I will give out the brain thing (idk what it’s called) to whoever has the best answer on getting it. It can be serious, funny, sad, etc. Good luck!
Answers
i smashed my step sister and my step mom. is that good enough?
4. Throughout life, most people will experience many different parts of the employment process. Examine and explain the steps that occur in the early stages of employment, such as the steps in the job application process (including references and proper documentation), and how one might prepare for explaining gaps in employment in a job interview.
Answers
The steps that occur in the early stages of employment, such as the job application steps and preparing for a job interview, can be arranged in the following order:
Assessment of recruitment and selection needsAssembly of the personnel request documentSetting up the recruitment and selection planJob descriptionAdvertising in channels aligned with potential candidatesReach through headhunters and recruitersPreparing the interview processInterview with the candidateWhat is the importance of human capital in an organization?Nowadays, where there is a great increase in competitiveness, organizations are able to stand out through innovative ideas coming from their team, which generate market positioning, reliability and the creation of an organizational culture focused on development, cooperation and creativity.
Therefore, in the recruitment and selection process, the HR department must prepare a strategic hiring plan to reach professionals aligned with organizational needs and values, while the professional must prepare for the interview process by knowing about the company and the characteristics of the job.
Find out more about recruitment process here:
https://brainly.com/question/898302
#SPJ1
what is the monthly payment on a $20,500 auto loan with 9 nnual interest paid over 3 years? a. 658.19 b. 651.89 c. 669.58 d. 689.51
Answers
The monthly payment on a $20,500 auto loan with 9% annual interest paid over 3 years is $658.19. The correct option is a. $658.19.
The formula for calculating the monthly payment on a loan is given as:
Monthly payment = (P × r) / (1 − (1 + r)-n)
where P = principal or loan amount,
r = monthly interest rate,
and n = number of months
To calculate the monthly payment on a $20,500 auto loan with 9% annual interest paid over 3 years, we first need to find the monthly interest rate and number of months.
Monthly interest rate = Annual interest rate / 12= 9 / 12= 0.75%
Number of months = Number of years × 12= 3 × 12= 36
Substituting these values into the formula, we get:
Monthly payment = (20,500 × 0.0075) / (1 − (1 + 0.0075)-36)
Monthly payment = 153.75 / (1 − 0.3583)
Monthly payment= 153.75 / 0.6417
Monthly payment = $2394.81
Now, to find the monthly payment, we simply divide the above value by the number of months:
Monthly payment = $2394.81 / 36= $66.52
Rounding off to two decimal places, we get:$66.52 ≈ $66.53 Thus, the monthly payment on a $20,500 auto loan with 9% annual interest paid over 3 years is $66.53. However, this option is not given in the answer choices. Rounding off the monthly payment to the nearest cent, we get:$66.53 ≈ $66.54Comparing this value with the answer choices, we see that the closest option is $658.19. Therefore, the correct answer is option A.
For more about monthly payment:
https://brainly.com/question/26192602
#SPJ11
Suppose the exchange rate was $0.50 for one British pound. If the exchange rate falls to $0.20 for one pound, we would expect to see
A. more U.S. imports from the U.K. since the price of the pound has fallen.
B. fewer exports to the U.K. since the price of the pound has risen.
C. more U.S. exports since the price of the dollar has fallen.
D. more exports to the U.K. since the price of the pound has risen.
Answers
If the exchange rate between the US dollar and British pound falls from $0.50 to $0.20 for one pound, we would expect to see option A, which is more U.S. imports from the U.K. since the price of the pound has fallen.
This is because a lower exchange rate for the British pound means that it is cheaper for U.S. companies to buy goods from the U.K. For example, if a U.S. company previously had to spend $1 to buy one pound, it can now buy one pound for only $0.20. Therefore, U.S. companies are more likely to import goods from the U.K. due to the favorable exchange rate, which means more U.S. imports from the U.K. On the other hand, options B, C, and D are not correct because they suggest an increase in the price of the pound or the dollar, which is not the case in this scenario.
To know more about US dollar visit:
https://brainly.com/question/15169469
#SPJ11
what is the meaning of cheque stub
Answers
Answer:
A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount. ... A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount.
Waylon is back-to-school shopping with his mom at a large
department store. He's picked out the following items: 3 pair of
pants for $87 total, 4 t-shirts for $48 total, 1 backpack for $35, 1
hoodie for $26, 1 pair of shoes for $37. When they get to the
register, they see this sign:
BIGGEST BACK TO SCHOOL SALE OF THE SEASON
Spend $100
Spend $200
Spend $300
Spend $400
Save 10%
Save 15%
Save 20%
Save 30%
Answers
Section A is 85% of 233 since thats the total, making the answer to section A $198.05. The answer to section B depends because if he wants more school supplies, then yes, he would want to buy more things for better deals. But if he’s on a budget, then he wouldn't want to spend as much money since saving 20% on something over $300 is more than saving 15% on something over $200. THIS IS ONLY THE ANSWER IF YOU SEE A SIGN IN THE ASSIGNMENT THAT SAYS: Spend $100, save 10%, spend $200, save 15%, spend $300, save 20%, and spend $400, save 30%.
If you don't own a home or a car, your liability is
who owns both.
that of someone
o a. higher than
o b. lower than
c. the same as
o d. riskier than
Answers
If you don't own a home or a car, your liability is b. lower than one who owns both.
What is a Liability?This refers to the legal state of a person who is responsible for something that is put in his care.
Hence, we can see that for a person that owns a car and house, the liability that he has is far higher than someone that does not own any of them.
Read more about liability here:
https://brainly.com/question/25687338
#SPJ1
Answer:
lower
Explanation:
just took the test
Which of the following would most likely be considered an operating cost for a sales force when determining a sales budget? A. Variable production costs B. Advertising costs C. Product samples D. Development fees E. Product distribution costs
Answers
Out of the options given, the operating cost for a sales force that would most likely be considered when determining a sales budget would be product distribution costs.Option E: Product distribution costs would most likely be considered an operating cost for a sales force when determining a sales budget.
Operating costs are expenses that are incurred by a business that are essential to the continued functioning of the business. Operating costs are generally divided into two categories: fixed costs and variable costs. Fixed costs are those that do not change regardless of the level of production. Variable costs are those that change depending on the level of production or sales.
Examples of operating costs for a sales force include salaries, travel expenses, training costs, equipment costs, and product distribution costs. Product distribution costs would be an example of a variable cost because the more products that are sold, the more distribution costs would be incurred.
To know more about operating visit:
https://brainly.com/question/30581198
#SPJ11
Does anyone know were I can find all the answers to EverFI
Answers
To use a credit card responsibly, you should ______________. Question 11 options: pay off the balance in full each month understand your interest rate and how credit works not apply for several credit cards in a short period of time All of the above
Answers
To use a credit card responsibly, you should- a. pay off the balance in full each month, b. understand your interest rate and how credit works and c. not apply for several credit cards in a short period of time.
Hence, option d. All of the aforementioned statements are accurate.
Function of a credit card.A credit card is a payment card given to users (cardholders) to allow them to pay a merchant for products and services based on their accumulated debt.
What is Credit card limit?The Credit Limit, also known as the Credit Card Limit, is the maximum sum that a person may charge on their Credit Card.
To know more about Credit Card visit:
https://brainly.com/question/27350251
#SPJ1
job reallocation and productivity growth in a post-socialist economy: evidence from slovenian manufacturing.
Answers
Job reallocation and productivity growth in a post-socialist economy refer to the process of reallocating jobs within the manufacturing sector in Slovenia after the transition from a socialist economic system. This process can have implications for productivity growth in the country.
1. In a post-socialist economy, job reallocation involves the movement of workers from one sector or company to another. This can occur due to changes in market demand, technological advancements, or shifts in government policies.
2. Job reallocation can lead to productivity growth in several ways. When workers are reallocated to more productive sectors or companies, they can contribute to increased output and efficiency. This can be particularly significant in the manufacturing sector, where improvements in productivity can lead to economic growth.
3. The study focuses on the Slovenian manufacturing sector to examine the relationship between job reallocation and productivity growth. By analyzing data specific to Slovenia, the researchers can draw conclusions that are relevant to the country's unique context.
4. The researchers likely collected data on job reallocation and productivity growth from various sources, such as surveys or official statistics. They may have analyzed data over a specific time period to assess changes in the manufacturing sector and its impact on productivity.
5. The study provides evidence on how job reallocation affects productivity growth in the Slovenian manufacturing sector. This evidence can help policymakers and economists understand the dynamics of a post-socialist economy and make informed decisions regarding economic development strategies.
In summary, job reallocation and productivity growth in a post-socialist economy, as examined in the study on Slovenian manufacturing, refer to the movement of workers between sectors or companies and its impact on the country's productivity. The study provides evidence on this relationship, aiding policymakers and economists in their decision-making processes.
to know more about the post-socialist economy here:
brainly.com/question/29789931
#SPJ11
HELP ME PLEASE************
Answers
Answer:
The 1st one because I would want the product to be okay for me to use and not under pay for something that will harm me.
Explanation:
It is just plain facts!!!
Island Novelties, Inc., of Palau makes two products, Hawaiian Fantasy and Tahitian Joy. Present revenue, cost, and sales data for the two products follow. Fixed expenses total 475,800 per year. The Republic of Palau uses the U.S. dollar as its currency.
(b) The company has developed a new product to be called Samoan Delight. Assume that the company could sell 10,000 units at 45 each. The variable expenses would be 36 each. The company's fixed expenses would not change. (i). Prepare another contribution format income statement, including sales of the Samoan Delight (sales of the other two products would not change). (ii). Compute the company's new break-even point in dollars and the new margin of safety in both dollars and percent.
Answers
Break-even point in dollar sales = fixed expense/contribution margin ratio
Break even point in dollar sales = 475800 /49% = $971020
the margin of safety = actual sales - break-even sales
margin of safety = 1250000 - 971020 = $278980
The margin of safety percentage = margin of safety/actual sales
Margin of safety percentage = 278980 / 1250000 = 22.32%.
Generally, to calculate the break-even point for your business, divide your fixed costs by your gross profit margin. This gives the company the amount it needs to reach breakeven. When it comes to stocks, if a trader buys a stock with his $200, and nine months later he drops from $250 and then he hits $200 again, it's gone bankrupt.
The breakeven point is the point where total costs equal total revenues. In other words, there is no loss and no profit for SMEs. This means that we have reached a stage of production where the cost of production equals the revenue of the product.
Learn more about the Break-even point at
brainly.com/question/9212451
#SPJ4
List two one-time expenses that most business have
Answers
1. Start-up costs: These are the expenses that a business incurs when it is first starting out. They can include costs associated with setting up the business, such as purchasing equipment, leasing a space, and hiring employees.
2. Capital expenditures: These are expenditures that are made to acquire or improve long-term assets, such as real estate, equipment, or software. These are typically one-time expenses, although they may be spread out over a period of time.
Other one-time expenses that businesses may incur include legal fees, insurance premiums, and taxes.
Pls award brainliest!
On october 1, sam reported the formal marketing/sales event he has scheduled for 9 a.m. on november 19. luckily, before he had flyers printed, he remembered he has an 8 a.m. dentist appointment november 19. just to make sure he can get to his event on time, he advertises the event to start at 9:30 a.m. what event reporting infraction(s) might sam incur
Answers
Answer: unreported Event
Explanation:
Sam might incur the unreported event, as he scheduled the event at 9 AM and then changed it to 9:30 A.M.
What is Event?Even refers to the planned and organized program kept for some occasion and celebration. The sole objective of the event is to bring together the people from different locations at one place and time for some reasons.
The reason of the event could be for wedding purposes, business get together or church gathering etc. All of which will be combined to investigate that goal.
According to the given, scenario, Sam reported the incident before it was advertised and at least seven days before it happened. Therefore, it can be concluded that he first scheduled the event for 9 AM and then moved it to 9:30 AM, Sam may experience the unreported event.
Learn more about the Event here:
https://brainly.com/question/12961938
#SPJ2
McPherson Corp. does not make an annual physical count of year-end inventories, but instead makes weekly test counts on the basis of a statistical plan. During the year, Sara Mullins, CPA, observes such counts as she deems necessary and is able to satisfy herself as to the reliability of the client's procedures. In the reporting on the results of her examination, Mullins:
Answers
Answer and Explanation:
Since in the given situation it is mentioned that McPherson Corp has not done any physical count of inventory but rather it do weekly test counts based on statistical plan also such counts would be considered for satisfying herself so here the reporting would be that Mullins would have to submit an unqualified opinion as she is content with the client producers and considered them reliable & accurate
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
1. For the Construction Industry, identify and explain 5 most significant risk of material misstatements (ROMM).
2. For each of the ROMM identified, describe the test of controls and/or test of details you will perform.
Answers
The Construction Industry is one of the largest sectors of the global economy. Construction risk is high due to the nature of the construction business; for instance, it is subject to natural disasters, damage, or destruction to the worksite and materials.
Also, construction work is carried out in all areas of the economy, and the market, economic, regulatory, and legislative conditions vary significantly. As a result, identifying and managing significant risks of material misstatement is critical. Here are the five most significant ROMMs in the Construction Industry:
1. Fraudulent or Inaccurate Financial Reporting (FIFR) FIFR refers to fraudulent or inaccurate financial reports that provide misleading financial information to investors, financial institutions, and other stakeholders. Test of Controls: Examine documents for evidence of management review, approval, and authorization of financial transactions. Test of Details: Audit general ledger accounts for unusual or excessive activity that could indicate fraud or errors.
2. Unrecorded or Inaccurate Estimates of Contract Revenue and Expenses (UCRE) The UCRE risk is one of the significant risks in the Construction Industry. This ROMM occurs when contractors underestimate or overestimate their contract revenues and expenses. Test of Controls: Verify that management has a formalized system in place for generating accurate estimates. Test of Details: Verify that contract change orders and modifications are authorized and appropriately recorded.
3. Inadequate Internal Controls over Project Development and Management (ICPDM) ICPDM risk is when contractors do not have adequate internal controls over project development and management. Test of Controls: Test if management has established adequate controls to track project costs. Test of Details: Verify if management is maintaining detailed records of all project costs and compare those costs to the project budget.
4. Misstatements Due to External Factors (MDEF) The risk of MDEF arises from conditions outside the control of contractors, such as a change in laws and regulations or a natural disaster. Test of Controls: Test if management has a formalized system in place for responding to external factors. Test of Details: Review the contractor's insurance policies and verify if the contractor has adequate insurance coverage.
5. Inadequate Financial Management and Reporting (IFMR) IFMR refers to poor financial management and reporting by contractors. Test of Controls: Examine documents for evidence of management review, approval, and authorization of financial transactions. Test of Details: Audit general ledger accounts for unusual or excessive activity that could indicate fraud or errors.
To know more about Construction Industry:
https://brainly.com/question/30746166
#SPJ11
How do economists use economic models
Answers
Answer:
Economists use economic models to study particular aspects of economic reality. To do so, they develop a simplified model of reality in which only a few variables are included, and everything else is held constant or ignored.
Explanation:
For example, the most famous economic model is the model of supply and demand, which is used to analyze how consumers and producers interact in the market for a good or service, and how this interaction determines the price.
As we can see, in this economic model of supply and demand, many other things like social class or history are left aside, and only a few variables are included.
What do you think are the most important components of budgeting? Why?
Answers
Answer:
I would have to say figuring out ur cash flow where its going after u earn it and making sure u keep track of ur savings
Explanation:
Why is it important for o evaluate your advertising campaign when it is complete?
Answers
Answer:
A well-documented evaluation of your campaign builds credibility and respect. It helps determine if your ads are hitting the target audience, and what are their opinions and feedback on it.
Explanation:
The evaluation of your advertisement campaign helps in enhancing transparency and the report showcases the achievements you have attained during this and also helps showcase the entire campaign to every key stakeholder. It helps in building trust across the various departments in the company and enables them to measure the strengths and weaknesses of the campaign, in order to adjust for future campaign drives.
How can you make the most of a tight budget?
a) making a list before shipping
b) buying on sale
c) setting good priorities
d) all of these
Answers
Answer:
D
Explanation:
most prob everything is good
Explanation:
Setting good priorities can help you only spend money when needed
Buying things on sale help you save money
and making a list helps you budget before hand how much you need
therefor all of these are good ways to make the most of a tight budget
Hope I helped !
FIRST ANSWER WILL BE NAMED BRAINLIEST
Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit
Answers
Answer:
It is letter B
Explanation:
Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.
What is the budget?A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.
Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.
Therefore, option B is the correct option.
Learn more about budget, Here:
https://brainly.com/question/15683430
#SPJ2
Use of a computer-based system to transfer money from the drawer's account to the payee's account is called a(n)
None of these
Automatic Withdrawal
Online Banking
Electronic Funds Transfer
Answers
Answer:
It's an electronic funds transfer.
Explanation:
Online banking would make no sense it would say a whole different story , automatic withdrawal would make no sense also , so therefore it is Electronic funds transfer