Consider using income approach to compute US GDP. Suppose there is a Mexican citizen working at a US firrm located in US, and earned wages of $500. There is also a US citizen that earns wages of $800 in a Mexican firm located in Mexico. If US GNP is $3000, what is US GDP?

Answers

Answer 1

Answer:

According to the information in the text, the US GDP would be $500, because GDP only accounts for all the goods and services produced within the country, or under the income approach, for all the forms of income (rent, dividends, wages) earned by nationals or foreigners in domestic soil.

In this case, the Mexican citizen working in the US and earning $500 adds the same amount to US GDP of that year regardless of his nationality.


Related Questions

Interest earnings of 4 percent with a $450 minimum balance; average monthly balance, $600; monthly service charge of $20 for falling below the minimum balance, which occurs five times a year (no interest earned in these months). (Do not round intermediate calculations. Round your answer to 2 decimal places. Input the amount as a positive value.)

Answers

Answer:

$86

Explanation:

Missing word "What could be the net annual cost"

Monthly fee = $20

Interest rate = 4% = 0.04

Average monthly balance = $600

Net annual cost = $20*5 - 0.04*$600*7/12

Net annual cost = $100 - $14

Net annual cost = $86

So, the net annual cost of this account is $86.

. The 14th amendment outlines the path for citizenship in the United States. What are the ways you can be a citizen in this country? (3 points)
*
3 points
completing the naturalization process
immigrating from a different country
Being born on American soil
Being a natural-born child of American citizens
knowing all 50 state capitals
saying the pledge of allegiance

Answers

The 14th Amendment outlines the path to citizenship in the United StatesSome the ways you can be a citizen in this country is

completing the naturalization processBeing born on American soilBeing a natural-born child of American citizens

The United States Constitution's 14th Amendment was approved in 1868. It was passed in response to the post-Civil War citizenship debate involving former slaves.

Being a natural-born citizen of the United States means that you automatically became one when you were born to parents who were both citizens of the country. Being born on american Soil will also give citizenship.

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Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04

Answers

The solution to the given question when we consider total cost and total revenue, given in the following table:

The Financial Table

Quantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit

------- | -------- | -------- | -------- | -------- | --------

0     | 5       | 5        | 0        | 0        | -5

1     | 11      | 6        | 6        | 6        | 1

2     | 17      | 6        | 12       | 6        | 5

3     | 24      | 7        | 18       | 6        | 4

4     | 31      | 8        | 24       | 6        | -7

5     | 39      | 8        | 30       | 6        | -9

6     | 47      | 8        | 36       | 6        | -11

7     | 55      | 8        | 42       | 6        | -13

As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.

Therefore, the answer to the question is 3.

In summary:

The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.

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1. Which of the following is NOT a reason why employees lose their jobs?
A. Failure to follow directions
B. Good attendance
C. Poor quality of work
D. Incompetence

Answers

Answer:B. Good attendance

Explanation: Employers want their employees to have good attendance, this is a good quality, it is NOT a reason why employees lose their jobs.

It is not a reason why employees lose their jobs is Good attendance. The reason employees lose their jobs are failure to follow directions, poor quality of work, incompetence. The correct option is (B).

What do you mean by the employees?

A person who receives compensation for working for a company or another individual is called an employee.

A person who is paid to work for another person or business is an employee. Employees need only be compensated for their work by an employer; they are not required to work full-time in order to qualify.

The true assets of a company are its personnel. They are the ones who effectively contribute to an organization's smooth operation. They work really hard to deliver what they promise and complete the specified tasks by the deadline.

The foundation of a solid, long-lasting corporation is its workforce. No matter what level, employees are in charge of the company.

Therefore, it is not a reason why employees lose their jobs is Good attendance. The reason employees lose their jobs are failure to follow directions, poor quality of work, incompetence.

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if china has china business is china china or just china
who will wim trump or bid en³³³³³³³³³³³³³³³³³³³³³³³³∉∉∉∉∉∉∉∉∉∉∉

Answers

Answer:bid

Explanation:

Answer:

biden is a china puppet aka he is being controlled by china

Explanation:

Record the journal entry

Received October's rental bill of $1,300; set it aside.

Answers

Answer:

Note: The full question is attached below

S/No  Accounts titles and Explanation     Debit ($)   Credit ($)

A.       Accounts receivable                            5,200

                    Service revenue                                           5,200

          (To record the service revenue)  

B.         Cash                                                     3,100  

                    Service revenue                                             3,100

          (To record the service revenue)  

C.         Cash                                                      1,500

                    Unearned service revenue                           1,500

           (To record the advance received for the services to be provided)

D.         Cash                                                     4,600  

                    Accounts receivable                                       4,600

            (To record the collection of amount)  

E.          Rent payable                                        1,100

                     Cash                                                                 1,100

            (To record the payment of bill)  

F.           Rent expense                                        1,200

                    Rent payable                                                    1,200

             (To record the accrual of rent expense)

Record the journal entry Received October's rental bill of $1,300; set it aside.

Where do deleted files go?
into the My Computer folder
into the My Documents folder
into the Recycle Bin
into the system tray

Answers

Answer:

the correct answer is into the recycle bin

Explanation:

Answer:

b

Explanation:

Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?

Answers

The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.

It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.

As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.

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demarco and tanya have received information about the separate mortgage offers. In two or three paragraphs describe your recommendation for the best financial choice in their situation.

Answers

There are a few fundamental elements to be kept in mind when assessing potential mortgage offers, which include:

How to make the recommendation

Interest rate: This is one of the key components to ponder upon when evaluating different mortgages. A lower interest rate entails smaller monthly payments as well as a decrease in sum spent on interest overall during the duration of the loan.

Loan term: The length of the loan is another aspect that should not go unnoticed. When opting for a briefer loan, more money will be spent towards monthly payments but correspondingly less towards interest. However, if you desire a longer period, then the opposite is true with fewer monthly payments but expenditure on interest increases.

Closing costs: It is essential to take closing fees into consideration since they can end up reaching staggering heights. Closing costs refer to every single amount related to taking out a mortgage and ought to be given due thought before deciding on an offer.

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a single person making $240 weekly and claiming 1 allowance would have $13 withheld for income taxes.A married person making $240 weekly and claiming 1 allowance would have $3 withheld for income taxes.Do you think this is fair?Why or Why not?

Answers

No, it is not fair. If the money they earn is the same, the money withheld should be the same and their status should not affect it.

Honey Bell Corporation has the following information about its Eclipse Product: Honey Bell Corporation Eclipse Product Expected Sales 10,000 units Direct material and labor costs $ 150 per unit Variable manufacturing overhead $ 20 per unit Fixed manufacturing overhead $ 300,000 Fixed selling and administrative expenses $ 150,000 Average operating assets $ 2,000,000 Required return on investment 20 % What is the amount of the markup percentage on the absorption cost that should be used to derive the selling price of this product

Answers

Answer:

Mark- up  = 23.3%

Explanation:

Absorption costing is method of costing where overheads are charged to units produced using volume-based bases. e.g machine hours, labour hours e.t.c. Units are valued using full cost per unit  

Full cost per unit= Direct material cost + direct labor cost + Variable production overhead + Fixed production overhead

Fixed production overhead = Budgeted overhead/Budgeted production units

 Fixed production overhead = $300,000/150,000 units=2

Total cost = 150 + 20 + 2= $172

Total cost per unit using absorption costing = $172

Desired ROI = 20%. × 2,000,000= $400,000

Profit per unit = 400,000/10,000 units =40

Mark- up = Profit/Cost = 40/172× 100 = 23.3%

Mark- up  = 23.3%

Who represents the State in a jury trial?
OA. The judge
OB. The prosecutor
C. The jury
OD. The defense attorney

Answers

The defense attorney represents the State in a jury trial.

An attorney is a someone who has the constitutional authority to act on behalf of another person. Lawyers are individuals who have completed law school and, in many cases, have taken and passed the bar test. Attorney derives from a French word that means "to act on behalf of another." Attorney is an abbreviation for the professional title "attorney at law."A jury trial, often known as a trial by jury, is a legal proceeding in which a jury makes a decision or factual findings. It differs from a bench trial in which all judgments are made by a single judge or panel of judges.In many, but not all, common law judicial systems, jury trials are utilized in a considerable proportion of important criminal cases. The majority of Asian common law nations have abolished jury trials on the basis that juries are biased.

Thus this is the meaning of Jury trial.

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Answer: the prosecutor

Explanation: i just took the quiz

the standard time required per unit of a product is 20 minutes. in a day of 8 working hours a worker gives an output of 30 units. if he gets a time rate of ` 20 per hour his total earning under halsey bonus scheme is

Answers

The bonus earned by the worker would be 30% of 2 hours, which is equal to 0.3 * 2 * $20 = $12.

The Halsey bonus scheme is a productivity-based incentive system that provides workers with a bonus based on the time saved in completing their assigned tasks. Under the Halsey bonus scheme, the worker receives a percentage of the time saved as a bonus.

In this scenario, the standard time required per unit of a product is 20 minutes, which is equivalent to 1/3 of an hour (20/60). The worker is able to produce 30 units in a day of 8 working hours, which means the total time taken for production is 30 units * 1/3 hour per unit = 10 hours.

Since the worker works for 8 hours in a day, the time saved is 10 hours - 8 hours = 2 hours. According to the Halsey bonus scheme, the worker is entitled to a percentage of the time saved as a bonus. The Halsey system typically allocates 30% of the time saved as a bonus.

Therefore, the bonus earned by the worker would be 30% of 2 hours, which is equal to 0.3 * 2 * $20 = $12.

In summary, under the Halsey bonus scheme, the worker's total earning would include the regular wages for 8 hours of work, which is 8 * $20 = $160, along with the bonus earned, which is $12. Hence, the worker's total earning under the Halsey bonus scheme would be $160 + $12 = $172.

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its unit.
Q.No. 3 The bottom of the ship is made heavy, why?​

Answers

Answer:

Ship to have a stable equilibrium.

Explanation:

The bottom of a ship is made heavy to keep the centre of gravity of ship below the centre of buoyancy so that the ship is in stable equilibrium.

Explanation:

the bottom of the ship is made heavy because to not made the ship sink in the ocean

As of December 31, Year 1, Flowers Company had total assets of $130,000, total liabilities of $50,000, and common stock of $70,000. The company’s Year 1 income statement contained revenue of $30,000 and expenses of $18,000. The Year 1 statement of changes in stockholders’ equity stated that $3,000 of dividends were paid to investors. Required Determine the before-closing balance in the Retained Earnings account on December 31, Year 1. Determine the after-closing balance in the Retained Earnings account on December 31, Year 1. Determine the before-closing balances in the Revenue, Expense, and Dividend accounts on December 31, Year 1. Determine the after-closing balances in the Revenue, Expense, and Dividend accounts on December 31, Year 1. Explain the difference between common stock and retained earnings. On January 1, Year 2, Flowers Company raised $30,000 by issuing additional common stock. Immediately after the additional capital was raised, Flowers reported total stockholders’ equity of $110,000. Are the stockholders of Flowers in a better financial position than they were on December 31, Year 1?

Answers

1. The after-closing balance in the Retained Earnings account on December 31, Year 1 is $19,000.

2. The before-closing balance in the Revenue, Expense, and Dividend accounts on December 31, Year 1 is $9,000.

3. The difference between common stock and retained earnings is that the common stock is the capital contribution of stockholders, and the retained earnings are undistributed profits in the business.

4. The stockholders of Flowers are not in a better financial position than they were on December 31, Year 1 because no profits were made in Year 2.  Instead, the company distributed $9,000 from its retained earnings.

Data and Calculations:

December 31, Year 1

Total assets = $130,000

Total liabilities = $50,000

Equity = $80,000 ($130,000 - $50,000)

Common Stock = $70,000

Retained Earnings = $10,000 ($80,000 - $70,000)

Year 1 income statement

Revenue of $30,000

Expenses of $18,000

Net income = $12,000 ($30,000 - $18,000)

Dividends =       3,000

Retained earnings c/f = $9,000 ($12,000 - $3,000)

Ending Equity = $89,000 ($80,000 + $9,000)

Common Stock = $70,000

Ending Retained earnings = $19,000 ($89,000 - $70,000)

Additional Common Stock $30,000

Total stockholders’ equity of $110,000

Beginning Common Stock $70,000

Additional Common Stock   30,000

Ending Common Stock    $100,000

Retained Earnings              $10,000

Total equity = $110,000

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Zeke is working on a big project at work with his colleagues. Zeke's role is considered the Co-ordinator according to Dr. Belbin's Team Roles. What is MOST likely one of Zeke's main responsibilities?


He performs quality control to make sure the finished product is perfect.

He shares his deep, expert knowledge of the main topics involved.

He brainstorms new ideas when everyone has run out of creativity.

He prepares a spreadsheet with everyone's tasks and deadlines.

Answers

D) He prepares a spreadsheet with everyone's tasks and deadlines is most likely one of Zeke's main responsibilities as a coordinator according to Dr. Belbin's Team Roles.

Here's why:

- Dr. Belbin's Team Roles identify nine different roles that people play in a team, such as coordinator, team worker, implementer, and so on.

- The coordinator is the person who clarifies goals, promotes decision-making, delegates tasks, and coordinates the team's efforts.

- Preparing a spreadsheet with everyone's tasks and deadlines is a common way for coordinators to keep track of the team's progress and ensure that everyone is on the same page.

- While quality control, expert knowledge sharing, and brainstorming are important tasks in a team, they are more likely to be performed by other team roles, such as monitor evaluator, specialist, and plant, respectively.

In which scenario is an individual's behavior least likely to change?

a. The city of Saskatoon chooses to give its residents a penny for each soda can they recycle in an effort to promote environmental awareness.

b. In an effort to make people eat healthier, the city of Bakersville tells its residents to eat wheat bread instead of white bread.

c. A basketball team manages to sign a trio of famous basketball stars who then clamor for other players to come join their team to win a guaranteed championship.

d. The country of Ravamolk enacts a policy to fine companies 20% of their earnings if the safety standards in their factories do not reach acceptable work conditions.

Answers

b. In an effort to make people eat healthier, the city of Bakersville tells its residents to eat wheat bread instead of white bread.

In the other options, there are actual incentives/consequences for the thing they are trying to change. Without those, it’s more of a suggestion, and people are less likely to change without those incentives/consequences because it doesn’t directly affect them.

It’s like your mom saying “You should really do your homework.” versus “If you don’t do your homework, I’ll take your phone.” or “If you do your homework, you can have ice cream after dinner.” In this scenario, you are more likely to change with the incentives/consequences because it directly affects you.
Final answer:

An individual's behavior is least likely to change when merely informed of a healthier option, like in Scenario B, as there is no incentive or consequential action attached.

Explanation:

In the given scenarios, an individual's behavior is least likely to change in Scenario B where the city of Bakersville tells its residents to eat wheat bread instead of white bread. This scenario only involves information provision with no rewarding or punitive actions attached to induce behavior change, as compared to the rest of the scenarios. Behavioral change usually occurs when there are incentives or penalties associated with the action. For instance, in Scenarios A & D, Saskatoon and Ravamolk are using a reward technique and penalties respectively, as a trigger for behavioral change. Scenario C is using the appeal of fame and success to encourage change. But talking about bread choice without any consequential actions does not guarantee a behavior change.

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Tại sao nói Marketing vừa là khoa học, vừa là nghệ thuật?

Answers

Answer:

Sorry I can't understand.....

What is one cost of avoiding insurance?

Answers

Answer: One of the costs of not having insurance is the cost of repairing. Another cost is paying insurance premiums. Losses caused by a lack of insurance are the price of not having insurance.

Answer:

falling into debt if faced with a serious problem

Explanation:

What could be done to make U.S. products more competitive in other nations?

Answers

One thing that could be done to make U.S. products more competitive in other nations is branding them as luxury goods.

How can U.S. goods be more competitive?

The United States has high costs of labor which means that products made in the United States are often more expensive that the goods made in many other parts of the world.

This makes the U.S. goods less competitive with other nation goods. However, if the U.S. were able to package their goods as luxury items, then they would be more competitive because people would still buy those goods at higher prices due to their luxury goods classification.

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The table below shows the total expenditure on a basket of goods and services; use this information to calculate the index number for the cost of a basket of goods and services in period 2, assuming Period 1 is the base year. (Round to 1 decimal place.)

Answers

Since Period 2 is the base year, so, index number for Period 2 will be 100 for the given information in Expenditure table.

for period 1 ,

Total Expenditure = $3,100

Index Number = 3100/3350×100

                        =92.537

for period 2,

Total Expenditure = $3,350

Index Number = 3350/3350×100

                        = 100

for period 3,

Total Expenditure = $3,400

Index Number = 3400/3350×100

                        = 101.492

for period 4,

Total Expenditure = $3,500

Index Number = 3500/3350×100

                        = 104.47

Index numbers are statistical measures that express changes in the value of a variable or a group of variables over time. They are used to compare the value of a particular variable at different points in time or across different regions or groups. Index numbers are useful in economics and other fields where there is a need to track changes in the value of a variable over time or across different units of observation. Common examples of index numbers include price indices, inflation indices, and stock market indices.

the complete question is:

The table below shows the total expenditure on a basket of goods and services; use this information to calculate the index number for the cost of a basket of goods and services in period 2, assuming Period 1 is the base year. (Round to 1 decimal place.)

                      Total Expenditure        Index Number

Period 1            $3,100

Period 2            $3,350

Period 3            $3,400

Period 4             $3,500

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Conduct a needs assessment to determine how a network could benefit your family. Use three to five sentences to describe the results of your assessment. If you have more than one computer in your home, conduct the needs assessment based on the number of computers in your home. If you don't have one or more computers in your home, conduct the needs assessment as though every family member in your home over the age of five had their own computer.

Answers

The improvement of communication and information accessibility, the practical sharing of resources, data sharing, increased cost efficiency, and affordability are all advantages of family networks.

What use do needs analyses of computer networks serve?

The organization's current IT infrastructure, operational processes, security, compliance, management, and performance are confirmed by a network review. This aids in evaluating the state and overall health of your IT infrastructure and reveals any areas that need to be improved.

What is the biggest benefit of a network?

Your network can be a fantastic source for novel perspectives and ground-breaking concepts that will help you in your career. Learning from the problems, experiences, and goals of others is one of networking's key benefits.

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What is the importance of institutions in the economy

Answers

Institutions are important for creating an environment that fosters economic growth and development. They help promote a level playing field for businesses and individuals, encourage investment and innovation, and provide essential public goods and services.

What is distinctive about double-entry accounting?

A.
It tracks both income and expenses in the same place.

B.
Each piece of information is recorded in at least 2 accounts.

C.
Two copies are made of each record for safety.

D.
Two users must verify the accuracy of each entry.

Answers

Answer:

the answer to your question is d

You discover that your supervisor/team leader stole a password and she has been secretly logging into the computer of another team leader to get information about their team’s funding sources. She is aware that you caught her and tells you that this information has helped your team stay competitive and get ahead. She prefers that you keep her secret. How would you handle this situation?

Answers

Answer:

I would probably tell him/her that I wouldn't really keep it a secret if she keeps doing the same things over and OVER again the first time I would keep it a secret though if she does it again I'll have to tell someone right away.

Explanation:

which is the best definition of the purpose of a business?

Answers

Answer:

The purpose of a business is to offer value (through products and/or services) to customers, who pay for the value with cash or equivalents.

It could also mean that people who create businesses want to sell their products to make money.

Sales made on account are recorded as ____ to the sales account.

A)orders
B)debits
C)payments
D)credits

Answers

Answer:

I have a strong feeling it has to be credit

All of the following are typically considered capital goods except
A. The machinery in a factory
B. The software a business owns
C. Cooked hot dogs at a sporting event
D. A carpenters tools
E. A professional musicians instruments

Answers

Answer:

C. Cooked hot dogs at a sporting event

Explanation:

Capital goods are tangible assets that businesses use to produce goods and services for sale. Capital goods are not meant for sale but are used to make products that will be sold to generate revenue. Capital goods have a useful life exceeding one year and include buildings, equipment, motor vehicles, and tools.

From the list provided, Cooked hot dogs at a sporting event are not capital goods. All the other items are capital goods. They do not get consumed in the production process.

What are the two types of Insider Trading? ​

Answers

Explanation:

One is legal while the other is illegal.

Legal insider trading is when insiders trade the company's securities and report the trades to the authorities.

April Corporation developed the following per-unit standards for its product: 2 pounds of direct materials at $3.75 per pound. Last month, 2,000 pounds of direct materials were used to produce 900 units of product. The direct materials usage variance for last month was:

Answers

Answer:

200 Unfavorable

Explanation:

Calculation to determine what The direct materials usage variance for last month was:

Material usage variance =( Direct materials pounds - Direct materials units) * Actual quantity purchased

Let plug in the formula

Material usage variance= (2 pounds *900) -2,000 pounds

Material usage variance= 1,800 - 2,000

Material usage variance=200 Unfavorable

Therefore The direct materials usage variance for last month was 200 Unfavorable

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