An example of delayed purchasing is when you would pay for a hot tub in 39 weeks and receiving the hot tub today. It is like a car loan, you would pay for the car over a certain time frame and you would drive home with the car that day. The correct answer is B.
Answer:
$800 million
Explanation:
GDP = consumption (C) + investment (I) + government spending (G) + Net Export (NX)
Y = C + I + G + NX
The number of computers left is
= 1,000,000 - 200,000 (household) - 300,000 (businesses) - 300,000 (government) - 100,000 (Foreign)
= 100,000
This worth 100,000 × $2,000 = 200 million
300,000 computers × $2,000 = 600 million
Total of these two = 200 + 600 million
= 800 million
Therefore, the value of the investment component of GDP is $800 million.
Answer: Manufacturing overhead for the month was underapplied by $19,000.
Explanation:
From the question, we are informed that before the closing of the overapplied or underapplied balance to cost of goods sold, the total of the debits to the manufacturing overhead account was $75,000 and the total of the credits to the account was $56,000.
This implies that the manufacturing overhead for the month was underapplied by ($75000 - $56000)= $19000. The manufacturing overhead debit balance shows that manufacturing overhead was simply underapplied in this case.
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The correct answer is option D
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Answer:
0.64
Explanation:
Marginal propensity to consume is given by the ratio of the change in consumption spending to the change in income.
In this scenario, the change in consumption spending is:
The change in income is:
The marginal propensity to consume for this economy is:
The answer is 0.64.
