Identify the two major types of nonproduction transactions that are not included in GDP.

Answers

Answer 1

Answer:

Explanation:

The two major types of nonproduction transactions that are not included in GDP are financial transactions, such as buying and selling stocks and bonds, and secondhand sales, such as buying a used car or furniture. These transactions do not involve the production of new goods or services and therefore do not contribute to the overall output of the economy.

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You find a fossil, and through careful study you find that only one-sixteenth of the carbon-14 that it once contained is still remaining in it. Carbon-14 has a half-life of approximately 5700 years. You can conclude that the age of the fossil is about __________.a. 4 × 5700 yr = 22,800 yearsb. 16 × 5700 yr = 91,200 years
c. 1/16 × 5700 yr = 356 years
d. 5 × 5700 yr = 28,500 years

Answers

Answer:

The correct answer is:

5×5700 yr = 28,500 years (d)

Explanation:

The half life of an element/atom is the time is takes for that element/atom to decay to half of its original mass/size.

It was found that the carbon-14 atom had decayed until only $(1)/(16th)$ of the original size is still remaining.

Now, let us first find how many half lives are in one-sixteenth, and that is $(1)/(2)* (1)/(2)* (1)/(2)* (1)/(2)$ = $(1)/(16)$ . so it means that there are 4 half lives in one-sixteenth, and since one half life takes approximately 5700 years, therefore 4 half lives will take 4×5700 yr = 22, 800 years, but at this point (22,800 years ago)the fossil has already half-life, therefore the additional age is to add the number of years it took to decay that half life. hence the age of fossil is:

22,800 + 5700 = 28, 500 years

1. Idea 1:a. What problem do you want to solve? Write down everything you can about the problem, then sum it up in a simple, non-industry specific statement.
b. What other, similar problems have been solved? How were they solved? List as many as you can think of.
c. Compare your answers to B with your answers to A. How would the solutions on your list work for your identified problem? Could you use some part of those solutions? Or perhaps a combination?
d. Write out your solution idea.
Idea 2:
a. What problem do you want to solve? Write down everything you can about the problem, then sum it up in a simple, non-industry specific statement.

b. What other, similar problems have been solved? How were they solved? List as many as you can think of.

c. Compare your answers to B with your answers to A. How would the solutions on your list work for your identified problem? Could you use some part of those solutions? Or perhaps a combination?

d. Write out your solution idea.

Answers

Answer:

Steps to Solving the Problems With Your Problem Solving

Step 1: Pin the Problem. Clearly define the issue at hand. ...

Step 2: Identify the Issues. Start breaking down the problem into subcomponents. ...

Step 3: Generate Hypotheses and Prioritize Proving Them. ...

Step 4: Conduct Your Analysis. ...

Step 5: Advance Your Answer

If the payment is not made on the credit card by the end of the billing cycle, which of the following will occur? A.A penalty APR will be assessed B.A minimum monthly charge will occur C.Interest will be charged D.A late fee will be charged.

Answers

A late fee will be charged

Answer:

D IS CORRECT ONG

Explanation:

If a firm's fixed assets turnover ratio is significantly higher than its industry average, this could indicate that it uses its fixed assets very efficiently or is operating at over capacity and should probably add fixed assets.a) true
b) false

Answers

Answer:

a) true

Explanation:

Fixed asset turnover ratio can be defined as an efficiency ratio which gives the ratio of sales to the value of fixed assets owned by an organization.

Generally, it is calculated by dividing an organization's net sales by its net assets such as equipment, factory, and property. However, the fixed assets equals the fixed asset minus depreciation. When the fixed assets turnover ratio is high, it simply means that the organization is efficiently using its fixed assets to improve or generate more sales and vice-versa.

Final answer:

If a firm's fixed assets turnover ratio is significantly higher than its industry average, it indicates efficiency, not overcapacity.

Explanation:

The correct answer is b) false. If a firm's fixed assets turnover ratio is significantly higher than its industry average, it indicates that the firm is using its fixed assets more efficiently compared to its competitors in the same industry. It means that the firm is generating higher sales with the given fixed assets, which is a positive sign of efficiency. Adding more fixed assets in this scenario would not be necessary as it would decrease the fixed assets turnover ratio.

Learn more about Fixed assets turnover ratio here:

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which of any essential product that will be affected by an increase in fuel which is very important even to the poorest of the poor

Answers

One of the essential product that will be affected by an increase in fuel which is very important even to the poorest of the poor is : Food Products.

If the price of fuel increased, the distribution cost for the food products is likely to be increased, which will affect the cost per product of all food Products, which will affect even the poorest of the poor

What does fair trade mean?

Answers

its trade between companies in developed countries and producers in developing countries where fair prices are paid to the producers so it contributes to sustainable development by offering better trading conditions and securing the rights of producers

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