Answer:
cash income paid to a day laborer that is not reported to the tax authorities
Explanation:
GDP stands for Gross domestic product. It is the monetary value of all finished goods and services made within a country during a specific period.
It is calculated as GDP = private consumption + gross investment + government investment + government spending + (exports – imports).
Hence, cash income paid to a day laborer that is not reported to the tax authorities will not be included in GDP
Answer:
News Anchor
Explanation:
The other three profession might have salaries based on a daily wage.
The answer is B.
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<span>The original cost of protein bar = $2.50
The increased cost of protein bar = $2.80
Therefore, the increase in price of the protein bar = $2.80-$2.50
=$0.30
percentage increase = (Difference in price / Original price) x 100
=(0.30/2.50)x100
=(3/25)x100
=3 x 4
=12%</span>
Answer:
C. less than 1
Explanation:
Supply is elastic if producers can increase output without a rise in cost or a time delay which means Price elasticity of supply is more than 1.
Supply is inelastic if producers find it hard to change production in a given time period which means Price elasticity of supply is less than 1.
When Price elasticity of supply equals 0 then supply is perfectly inelastic.
