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irga5000 [103]
2 years ago
10

Suppose a gold miner finds a gold nugget and sells the nugget to a mining company for $500. The mining company melts down the go

ld, purifies it, and sells it to a jewelry maker for $1,000. The jewelry maker fashions the gold into a necklace that it sells to a department store for $1,500. Finally, the department store sells the necklace to a customer for $2,000. How much has GDP increased as a result of these transactions?
Business
1 answer:
SSSSS [86.1K]2 years ago
4 0

Answer:

The GDP will increase by $2,000 as a result of these transactions

Explanation:

When trying to calculate the increase in GDP caused by a series of transactions, we do not add all the transactions, instead we look at the price of the final good and that is the increase in GDP. In this case the final good is the necklace that the store department sells for $2,000 therefore we will only consider the final transaction. So the GDP will increase by $2,000 as a result of this series of transactions because the final good sold for $2,000.

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You paid $713 last year for a zero-coupon bond that promised to pay you $1,000 at the end of 5 years. Rather than hold it for th
andreyandreev [35.5K]

Answer:

The bond today will be valued at 708.4252

Explanation:

The price for the bond will be the present value of 1,000 at the current market rate of 9%

We will use the present value of a lump sum to calculate this:

\frac{Maturity}{(1 + rate)^{time} } = PV

Maturity 1,000 dollars

time 4 years

rate         9% = 9/100 = 0.09

\frac{1000}{(1 + 0.09)^{4} } = PV

PV       $708.4252

This will be the expected market value for the bond.

8 0
2 years ago
Dorian company produces and sells a single product. the product sells for $60 per unit and has a contribution margin ratio of 40
Rudik [331]
<span>Contribution margin ratio is 40% or $24 per unit Fixed expenses are $28,800 Variable expense per unit is $36 Assuming Q is quantity, sales needed to achieve monthly net equal to 10% of sales is Sales = Variable expenses + Fixed expenses + profit $60Q = $36Q + $28,800 + ($60Q x 10%) $18Q = $28,800 Q = 1600 units Monthly sales will have to be 1600 x $60 = $96,000</span>
3 0
2 years ago
Lamar has just gotten a new job and is attending a company party where he will meet his colleagues for the first time. His boss
a_sh-v [17]

Lamar's experience demonstrates retroactive interference.

<h3><u>Explanation:</u></h3>

When a person tries to recall some information that are older in nature and comes to know about some recent information it refers to Retroactive interference. For instance you may call the name of your grandmother with the name of your mom. There will be a retroactive interference with the two names.

This happens when you forget some tasks that are learnt in past because of the learning of new tasks. In the given example, Lamar only rememnbers the names of the people in the first group and remebers the profession of the last women met by him. His experience demonstrates retroactive interference.

3 0
2 years ago
On January 2, Dixie, Inc., pays a salvage company $1,000 to haul away a machine costing $28,000 with accumulated depreciation of
Anuta_ua [19.1K]

Answer:

Explanation:

The journal entry is shown below:

Accumulated depreciation - machine A/c Dr $28,000

Loss on disposal of machine A/c $1,000

         To Cash $1,000

         To Machinery A/c $28,000

(Being the disposal of machinery is recorded)

For disposal of machinery, we debited the accumulated depreciation, loss on disposal of machine and credited the cash account and machinery account

6 0
2 years ago
16. Which of the following cuts is ideal for smoking?
Ludmilka [50]

[ Answer ]

\boxed{Brisket}

[ Explanation ]

Brisket - Cut from breast or lower chest. Brisket comes from a cow or veal

Brisket is ideal for smoking because of its high fat content. When smoking meat, if the meat does not have lots of fat and is thing, the smoking process can dry out the meat. With brisket, the meat is very fat, causing the meat not to dry out and getting a tender juicy flavor.

When lighting a campfire or barbecue, you may notice lots of smoke. The smoke may affect your breathing, make you thirsty, or dry you out. This is the same affect of the meats. The smoke provides lots more flavor for the meat, and dries it out, if there is not enough fat on the meat.

\boxed{[ \ Eclipsed \ ]}

7 0
2 years ago
Read 2 more answers
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