Answer: When calculating GDP, investment refers to the purchase of new capital goods like equipment and factories.
Explanation: The gross domestic product is the monetary value of all finished products and services produced in a nation over a specified time period. The expenditure approach, often known as the spending approach, estimates the expenditures of the various economic participants. This strategy can be determined using the formula below:
GDP=C+G+I+NX
Where,
C=Consumption, G=Government spending, I=Investment, NX=Net exports
Investment does not include the purchase of stocks and bonds or the trading of financial assets when calculating GDP. It refers to the acquisition of new capital goods, which includes business equipment, new commercial real estate (including buildings, factories, and stores), residential dwelling construction, and inventory.
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Suppose Ana is currently using combination D, producing one boat_____per day. Her opportunity cost of producing a second boat per day is per day. Now, suppose Ana is currently using combination C, producing two boats______per day
Ana is an economist who presently produces one boat every day utilizing combination D. Her daily opportunity cost of making a second boat is. Let's say Ana is currently generating two boats and three puzzles per day using combination C.
What is the job of an economist?Providing economic advice to organizations, communities, and consumers At its root, economics is the analysis of judgement call, according to Sutton Puglia, a government economist and assistant professor at Southern New Hampshire University.
What kind of education do economists have?At New York University, he received his Master of Arts and Doctor of Philosophy degrees in English literature. A specialist in economic principles examines the connection between a society's resources and its productivity or production.
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Gant Limited reported a $15,000 increase in inventory and a $5,000 increase in accounts payable during the year. Cost of Goods Sold for the year was $150,000. The cash payments made to suppliers were
Answer: $160,000
Explanation: CASH PAYMENT MADE TO SUPPLIER is the amount paid to the supplier for the goods received or purchases.
purchases = Cost of goods sold + increase in inventory.
= 150,000+15,000
= 165,000
but here is also increase in the payable account which means some goods are purchased on credit,
so, cash payment made = total purchases - increase in payable
= 165,000-5,000
= 160,000
Medical records, paper based and electronic, are subject to
disclosure and confidentiality requirements.
A. TRUE
B. FALSE
Assessment i 4 Amal is a small business owner. She has a team of managers including a human resources manager, an operations manager, a sales manager, and a marketing manager. Who is responsible for the financial decisions that arise in the course of business?
Answer: 4000mL..........
identify and explain ways in which glocalisation can be better choice in africa than globalization
Globalization is a better choice in Africa because it has provided some elements which when applied by countries or Nations, could foster development in the region.
What did research show about Globalization impact on Africa?According to a research, the African continent would do well to adapt to the opportunities and challenges of globalization rather than pursue a policy of self-sufficiency, which could set it back in the global economy.
The Deputy Governor of the Central Bank of Nigeria deliver a public lecture on the development of Africa. Beyond Africa Rising was based on his recent book, Emerging Africa: How the Global Economy's "Last Frontier" Can Prosper and Matter.
The continent mission was to challenge current development orthodoxy in Africa and articulate a new vision for the continent. Africa is emerging, but it is far from rising, he claims.
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True or false 1-TO get the market demand curve we simply add up the demands of all participates including buyers and sellers in the market
Answer:
Explanation:
?
False. The market demand curve represents the total demand for a good or service in the market. It is not calculated simply by adding up the individual demands of all buyers and sellers in the market. The market demand curve is determined by the aggregate demand of all participants in the market and takes into account factors such as the price of the good or service, the availability of substitutes, income levels, tastes and preferences, and so on.
Answer:
False. To get the market demand curve, we need to add up all of the individual demand curves of the buyers in the market. This is because individual demand curves shift based on different factors such as income, prices, and preferences. The market demand curve reflects the collective effect of all the individual demand curves.
A hospital director believes that more than 61% of the test tubes contain errors and feels an audit is required. A sample of 210 tubes found 147 errors. Is there sufficient evidence at the 0.05 level to substantiate the hospital director's claim?
State the null and alternative hypotheses for the above scenario.
Answer:
Explanation:
To determine if there is sufficient evidence to support the hospital director's claim, you can perform a hypothesis test. The null hypothesis is that the proportion of test tubes with errors is less than or equal to 0.61 (61%), and the alternative hypothesis is that the proportion of test tubes with errors is greater than 0.61 (61%).
Using the sample of 210 tubes, you can calculate the sample proportion of tubes with errors, which is 147/210 = 0.7. You can also calculate the standard error of the proportion, which is the standard deviation of the sampling distribution of the proportion.
Then, you can use a z-test to calculate the test statistic and p-value. The test statistic is (0.7-0.61) / (standard error of proportion).
If the p-value is less than 0.05, then you can reject the null hypothesis and conclude that there is sufficient evidence to support the hospital director's claim that more than 61% of the test tubes contain errors.
You can use the sample data and a calculator or a software to calculate the p-value and the test statistic. It is also important to consult with a statistician.
1. What does Accounting means and for what purpose we need it?
Answer:
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business or organization. It is used to provide information to those who need it to make informed decisions, such as investors, creditors, and management.
Explanation:
A drug-free workforce does all of the following for the employer except
decreases high rates of absenteeism and turnover
increases the possibility of injuries on the job
prevents the possibility of drug use on the job
reduces the risk of accidents and injuries on the job
A drug-free workforce does all of the following for the employer except
increase the possibility of injuries on the job.
How have drugs impacted the work life?Employee substance and alcohol misuse results in a wide range of costly issues for company and industry, including lost productivity, accidents, and a rise in health insurance claims. 1 The National Clearinghouse for Alcohol and Drug Information estimates that corporations in the United States lose $100 billion annually as a result of employee usage of alcohol and drugs (NCADI).
These astonishing figures do not account for the expense of directing corporate resources away from other uses in order to deal with substance misuse problems. Additionally, it excludes elements like "pain and suffering" that cannot be quantified financially.
Alcohol and drug abuse among American workers leads to expensive medical, social, and other issues that have an impact on both employees and businesses.
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