All categories

2 years ago

One way to eliminate intermediate goods from the measure of gdp is to subtract from the measure of all output the:_______

1 answer:

6 0

When calculating GDP intermediate goods are eliminated to avoid double counting of goods, as already the input is added which includes these intermediate goods.

GDP stands for Gross Domestic Product. It is the total production of a country and is very essential in growth of a country, developing or poor countries generally have a lower GDP as compared to developed countries.

The amount of intermediate goods can be subtracted from output total to formulate the figure of GDP.

Learn more about GDP at brainly.com/question/27173101

#SPJ1

You might be interested in

The June 30, 2021, year-end trial balance for Askew company contained the following information: Account Debit Credit Inventory,

Black_prince [1.1K]

Answer:

Cost of Goods Sold: $245,000

Explanation:

Cost of Goods Sold refers to the direct costs that are incurred when producing the goods sold by a particular company. It includes many costs such as beginning inventory, purchases, purchase returns, discounts on purchases, freight inwards and ending inventory. COGS is also referred to as cost of sales.

Freight inwards are any transportation costs that are incurred when bringing in purchases, hence this is added to purchases. Purchase returns are deducted since they are being returned and hence not a cost. Purchase discounts are also deducted. Ending inventory is the amount of inventory which is remaining and has not been used, thus, this too is deducted.

The calculation for COGS is provided below step-by-step:

1. Beginning inventory : $33200

2. Purchases : $252000

3. Purchase returns : ($11200)

4. Purchase discounts : ($7200)

5. Freight inwards : $19400

6. Ending inventory : ($41200)

Cost of Goods Sold = $245,000

3 0

3 years ago

3 of 45

attashe74 [19]

Answer:

Certificate of Eligibility (COE)

Explanation:

In order to determine exactly what portion of a mortgage loan the VA will guarantee on behalf of a qualified veteran, the borrower must apply for a <u>Certificate of Eligibility (COE)</u>.

The Certificate of Eligibility (COE) is a letter issued by the Department of Veterans Affairs (VA), which attests the eligibility of the veteran for a VA-backed home loan. There are a few ways to obtain a COE:

Through mail, by filling out the VA Form 26-1880 (Request for Certificate of Eligibility).
Through the VA's website.
Through lenders.

Veterans must also have at least one of the following Character of Service (COS) requirements upon discharge from the military: <em>Honorable, General, Uncharacterized</em>, and <em>Under Honorable Conditions</em>.

3 0

2 years ago

Suppose the government has determined that the socially optimal quantity of chemical pollution is 175 million tons per day. One

enot [183]

Given this quantity of permits, the price for each permit in the market that the U.S government should charge for pollution rights will be <u>$45</u> as this ensures the socially optimal quantity of pollution, which could have been imposed as a tax.

<h3>What are pollution rights?</h3>

Pollution rights are the rights given to firms in an economy to buy and sell government-issued licenses or permits.

Pollution rights or permits grant the holders the right to create and release a certain amount of pollution that achieves the socially optimal quantity.

Thus, given the number of permits, the price for each permit in the market that the U.S government should charge for pollution rights will be <u>$45</u>.

Learn more about pollution problems at brainly.com/question/26232566

5 0

2 years ago

A paint store owner has a home garage sale. An individual purchases a television at the sale. The individual is told the televis

Svet_ta [14]

Answer:No, the buyer will not prevail in the breach of warranty claim.

Explanation:

There was no express warranty assurance in the contract.

It can also be implied that the buyer knew there is the possibility of qualities issues with the Television since he was informed of it's age and he did not raise a query on the quality.

Consequently the buyer cannot sue for a breach of warranty.

5 0

4 years ago

Enviro Company issues 10.50%, 10-year bonds with a par value of $430,000 and semiannual interest payments. On the issue date, th

alexandr1967 [171]

Answer:

549,862.5

$331,637.5

$16,581.87

Explanation:

Cash proceeds = Par Value of the bond x Price ratio to par value

Cash proceeds = $430,000 x 127.875%

Cash proceeds = $549,862.5

Bond Interest expense = Total Coupon payment - Premium on bond

Bond Interest expense = ( $430,000 x 10.50% x 10 ) - ( $549,862.5 - $430,000 )

Bond Interest expense = $451,500 - $119,862.5

Bond Interest expense = $331,637.5

Bond Interest expense = Coupon Payment - Premium on Bond amortization

Bond Interest expense = ( $430,000 x 10.5% x 6/12 ) - ( ( $549,862.5 - $430,000 ) / ( 10 x 2 ) )

Bond Interest expense = $22,575 - $5,993.13

Bond Interest expense = $16,581.87

8 0

3 years ago