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Olegator [25]
1 year ago
11

National accounting identities Let C stand for consumption spending, I for investment, G for government purchases, X for exports

, IM for imports, DI for disposable income, and NT for net taxes. Consider the following identity and answer the questions that follow. Which of the following best characterizes the above identity?
A. National income must equal domestic product.

B. Domestic product must exceed national income.

C. National income must equal the total amount of leakages from the nation's flow of income and expenditures.

D. National income must equal the total amount of injections into the nation's flow of income and expenditures.

True or False: Disposable income must equal consumption plus saving.
Business
1 answer:
madreJ [45]1 year ago
4 0

Answer:

A. National income must equal domestic product.

True.

Explanation:

National Income is the total value of goods and services produced in a country during a financial period. It is total income from a country's economic activities.

Domestic product is monetary value of all economic activities of a country during a period.

National Income is sum of Investments, Savings, Government expenditures and net exports. National Income equals the domestic products of a country. The equation is as follows:

C + I + G + (X - IM) = DI + NT.

The statement given is true. Disposable income equals the saving plus consumption. The excess of disposable income which is not consumed is saved.  Sum of saving and consumption must equal Disposable income in an economy.

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A company must decide between scrapping or reworking units that do not pass inspection. The company has 13,000 defective units t
Nastasia [14]

Answer: $67,600 and $2600

Explanation:

Total unit = 13,000

Defective unit cost = $5.20

Resale price = $3.00

Reworked = $5.00

Full price = $8.20

Opportunity cost

= Full price - replacement unit

= 8.20 - 5.20

= 3.00

= . Cost of reselling

= 13,000 × 3.00

= $39,000

1. Cost of defective units

= 13,000 × 5.20

= $67,600

2. Cost of reworked

= $5.00 × 13,000

= $65,000

3. Full price

= 13,000 × $8.20

= $106,600

B. Incremental income of selling the unit as scrap and reworked

Scarp = $67, 600

Reworked = $(106600 -39, 000- 65,000)

= $2600

8 0
1 year ago
Monique's Unique Boutique sells clothing from around the world in the U.S. Monique regularly travels overseas to find the best a
Jobisdone [24]

Answer:

The correct answer is letter "B": importer.

Explanation:

Importing implies the act of buying goods from foreign countries to use them or resell them domestically. Imports take place when those goods are typically rare or scarce in the country where the goods are going to be used. Most imports include <em>technological products, raw materials, </em>and <em>clothing</em>.

4 0
1 year ago
Considere que a empresa vale dos lirios Ltda, recebeu por meio de caixa, o valor registrado an conta de clientes referente a ven
Maksim231197 [3]

Responda:

Por favor, verifique a explicação

Explicação:

O método de dupla entrada simplesmente se refere a um princípio contábil em que cada transação realizada tem um registro duplo, ou seja, se uma operação de crédito é realizada, o débito correspondente é registrado, da mesma forma, quando ocorre um débito, o lançamento a crédito correspondente também é registrado ao lado.

No cenário acima, a entrada de débito do ativo adquirido pelo cliente à vista de R 3.400 enquanto a vale Lirios Ltda é creditada com o dinheiro recebido na venda de seu ativo.

Ativo Caixa R $ 3.400 - - - - Débito

vale Lirios Ltda (ativo) R $ 3.400 - - - crédito

7 0
1 year ago
Imagine that Eveready has developed solar rechargeable batteries that cost only slightly more to produce than the rechargeable b
Law Incorporation [45]

Answer: Moderately slow introduction, followed by modest growth, gradually leveling off

Explanation:

The product life cycle is the time a product takes from the introduction stage to the decline stage when it's off the market.

Based on the above scenario, the product life cycle of this product will be moderately slow introduction, followed by modest growth, gradually leveling.

This is because since it's a new product, there will be a slow introduction as people will just be getting used to the product, then as customers begin to buy the product and it's brand becomes known, there'll be a modest growth before it levels off.

8 0
2 years ago
Toyota and Honda both have the capabilities to build cars of high quality at relatively low cost and their products regularly be
Liono4ka [1.6K]

Answer:

Rare

Explanation:

VRIO Analysis is an analytical technique for the evaluation of company's resources and thus the competitive advantage. VRIO comes from the initials of the evaluation dimensions: Value, Rareness, Imitability, Organization.

A resource is rare simply if it is not widely possessed by other competitors. When a firm has valuable resources that are rare in the industry, they are in a position of competitive advantage over firms that do not have the resource.

8 0
1 year ago
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