Answer:
False
Used item clothings aren't included in GDP.
The GDP includes only items produced in a given year. The items would have been included in the year they were produced and adding them to GDP again would be double counting
Explanation:
Gross domestic product is the sum of final goods and services produced in an economy within a given period which is usually a year.
GDP calculated using the expenditure approach = Consumption spending + Investment spending by businesses + Government Spending + Net Export
I hope my answer helps you
A firm that engages in foreign direct investment (fdi) in other countries is called an international business.
<h3><u>
What is foreign direct investments?</u></h3>
- An entity based in another nation makes an investment in the form of controlling ownership in a company in another country. This investment is known as a foreign direct investment (FDI).
- Thus, the idea of direct control sets it apart from a foreign portfolio investment.
- The investment can be done "inorganically" by purchasing a company in the target country or "organically" by expanding the operations of an already-existing business in that nation.
- The origin of the investment has no bearing on whether it qualifies as an FDI.
In general, "mergers and acquisitions, building new facilities, reinvesting earnings obtained from overseas operations, and intra company loans" are considered to be foreign direct investments.
Know more about foreign direct investments with the help of the given link:
brainly.com/question/27540611
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Answer:
Blue Spruce Corp.
Statement of Comprehensive Income
Income before income taxes $436,000
Less: Income Tax <u>$139,520</u>
($436,000 * 32%)
Net Income $296,480
Other comprehensive income (loss):
Unrealized gain on available-for-sale <u>$58,140</u>
securities, net of tax ($85500*68%)
Total Comprehensive Income <u>$354,620</u>
The break even level of sales is <span>$1400</span> +$13*n
