Answer:
Y = C+ I +G +NX
Explanation:
We know,
The national spending approach is also known as the expenditure approach. According to the expenditure approach, all the goods and services that make up the gross domestic product will be applied to individual consumption, investment, and government expenditure. It also modifies the net exports and imports of a country. Therefore, option A is the correct answer as the expenditure approach, Y = C+ I +G +NX.
The national spending approach to splitting GDP is represented by the equation Y = C + I + G + (X - M).
The national spending approach to splitting GDP is represented by the equation Y = C + I + G + (X - M). This equation includes consumption (C), investment (I), government spending (G), and net exports (X - M). Net exports are calculated by subtracting imports (M) from exports (X).
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b. labor unions strike for higher wages.
c. the business cycle enters an expansionary phase.
d. business activity in the macroeconomy declines.
Answer:
D
Explanation:
types of unemployment
structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.
The geologist lost his hob permanently due to increase in wages (polices)
Frictional unemployment: the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.
Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.
Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom
Cyclical unemployment arises when business activity in the macroeconomy declines. It is directly linked to the ups and downs in the business cycle. When the economy moves into a recession, cyclical unemployment increases as businesses lay off workers.
Cyclical unemployment arises when: business activity in the macroeconomy declines. This is option D. It refers to the unemployment which is caused by the ups and downs in the overall economy, a phenomenon known as the business cycle. When the economy enters into a recession or contractionary phase, overall demand decreases, and businesses lay off workers as a result leading to an increase in unemployment. This is known as cyclical unemployment.
On the other hand, when the economy is in an expansionary phase, businesses are typically doing well and unemployment levels decrease as businesses hire more workers to meet the increased demand. Therefore, cyclical unemployment is directly related to the health of an economy.
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Answer:
3,074 units sold or total revenue of $236,698 per year
Explanation:
cost of machine $540,000
depreciation expense per year = $540,000 / 5 = $108,000
contribution margin per unit sold = $77 - $29 = $48
we generally calculate the financial break even point of a business by using the following formula:
= EBIT × (1 - interest expense) × (1 - tax rate) - preferred dividends
But when we are dealing with projects, the financial break even point is the sales level at which the project's NPV = $0. If the sales level is lower, then the project will be rejected, and if the sales level is higher, then it should be accepted.
using an annuity formula, the free cash flow per year needed for the NPV = $0 is $540,000 / 3.8897 (PV annuity factor, 9%, 5 periods) = $138,828.19
$138,828.19 = {[(unit sales x $48) - $108,000] x 0.78} + $108,000
$30,828.19 = [(unit sales x $48) - $108,000] x 0.78
$39,523.32 = (unit sales x $48) - $108,000
$147,523.32 = unit sales x $48
unit sales = $147,523.32 / $48 = 3,073.40 units ≈ 3,074 units sold
The financial break-even point is approximately 5,104 units.
The financial break-even point can be calculated by determining the number of units that need to be sold in order to cover the fixed costs. First, we need to calculate the contribution margin per unit, which is the sales price per unit minus the variable cost per unit. In this case, it is $77 - $29 = $48. Next, we divide the fixed costs by the contribution margin per unit to find the break-even point in units. Using the formula: Break-even point (in units) = Fixed costs / Contribution margin per unit. Plugging in the numbers, we get: $245,000 / $48 = 5,104.17. Therefore, the financial break-even point is approximately 5,104 units.
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Check all that apply.
a. Challenge Nicola’s position.
b. Keep an open mind.
c. Separate facts from opinions.
d. Assume Nicola is incorrect.
Answer:
The correct answer is letter "B" and "C": Keep an open mind; Separate facts from opinions.
Explanation:
At the moment of solving different-point-of-view issues, it is important to be open-minded, otherwise, we could only remain with our opinion discarding others' critic point of view that could be useful at the moment of taking decisions. Besides, it does not matter if other individuals are biased since we can separate the facts from those points of view. Separating the facts implies analyzing what others have to say in deep regardless of what their emotions can be about that matter. It implies subtracting an objective idea from a subjective point of view.
To understand Nicola's argument, you should keep an open mind, separate facts from opinions, and instead of jumping to conclusions, enhance your understanding by asking clarifying questions.
To make sure you understand Nicola's argument, you can adopt the following ways:
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Answer:
Produce more widgets.
Explanation:
Given the price charge by the competitive firm is = $15
The unit produced = 100
The marginal cost of the last unit = $12
The firm should produce more widget because in the competitive market the firm charge the price that is equal to MC. Moreover, in the given question the price is greater than the marginal cost. Therefore, the firm should produce more widgets in order to reach the condition “P=MC”.
Answer:
We first need to find out the present value of each $1,000 bond and then we can figure out how many of these bonds we require to raise $27 million
The n of payments is 15*2 because semi annual payments for 15 years so our N will be 30
The YTM is 7.70/2 because of semi annual payments = 3.85
The Face value is of 1,000 so FV= 1,000
The payments our 1000*0.066=66 divided by 2 because semi annual payments so PMT= 33
We will put these values in a financial calculator to compute the PV of a $1000 bond.
PV= 903
So now we know that the company can get $903 for each $1,000 bond as the bonds present value is 903.
Now in order to find out how many bonds need to be issued to raise 27 million we will divide 27 million by 903, as 903 is the amount we can raise by issuing a single bond.
27,000,000/903=29,900.3 so 29,901
The company will have to issue 29,901 bonds of face value $1,000 to raise $27 million
Explanation:
Based on the accrual method, the correct entry for $10,000 worth of services would be a debit to accounts receivable for $10,000 and a credit to Sales revenue for $10,000.
The company has performed a certain service for a customer and hasn't been paid for it. The customer therefore owes the company which makes them an account receivable.
The $10,000 will be considered revenue by the company so they will credit the revenue account. Accounts Receivables are assets so this account will be debited.
Find out more on accounts receivables at brainly.com/question/24871345.
The company should debit (increase) the Accounts Receivable account by $10,000 and credit (increase) the Service Revenue account by $10,000. This follows the accrual method of accounting, in which revenues and expenses are recorded when they are earned and incurred, respectively.
The correct entry to record this transaction, using the accrual method, involves two accounts: Accounts Receivable and Service Revenue. Here is the step-by-step process of recording this transaction.
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