Explain why buying a foreign car made abroad for $50,000 increases consumption by $50,000, but does not increase GDP.

Which of the following statements is true? a. The word theory means same for both economists and laymen. b. Abstraction forms an important part of economic analysis. c. Economic theory does not make unrealistic assumptions. d.

An insured covered by a group major medical plan is hospitalized after sustaining injuries that resulted from an automobile accident.

Which process turn economic resources into goods and services? Distribution. Marketing. Promotion. Production

Which security method involves coding your readable emails into a format that is illegible

Ted purchased an annuity today that will pay $1,000 a month for five years. He received his first monthly payment today. Allison purchased an annuity today that will pay $1,000 a month for five years.

Why is it important to take special steps to format an electronic résumé properly? a. It demonstrates superior knowledge over other candidates b. It shows time went into applying for the position c. It ensures the document is clear and readable d.

For much of the 1990s, the U. S. economy was experiencing long-run economic growth, low unemployment, and a stable inflation rate. Which of the following would give rise to these outcomes? Choose one: A.

The Victoria Fund, a child welfare fund, received $50,000 in cash in 2018. The donor requires the gift be held in perpetuity and that the income from investing this money may be used for its program of promoting adoption of young girls.

The auto repair shop of Quality Motor Company uses standards to control the labor time and labor cost in the shop. The standard labor cost for a motor tune-up is given below: Job Standard Hours Standard Rate Standard Cost Motor tune-up 1.50 $6.20 $9.

Haberdash inc. last year reported sales of $12 million and an inventory turnover ratio of 3. the company is now adopting a just-in-time inventory system.