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Kitty [74]
1 year ago
13

If in the process of calculating gdp, the market value of all intermediate goods is added to the market value of all final goods

, this would:________
Business
1 answer:
Darya [45]1 year ago
7 0

If in the process of calculating gdp, the market value of all intermediate goods is added to the market value of all final goods, this would: overstate the actual value of GDP.

<h3>What is meant by GDP?</h3>

This is the term that has to do with the Gross domestic product. It is the amount of goods and services that are produced in a given economy at a particular period of time which could be in one year.

We have to conclude that If in the process of calculating gdp, the market value of all intermediate goods is added to the market value of all final goods, this would: overstate the actual value of GDP.

Read more on GDP here: brainly.com/question/1383956

#SPJ1

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Which of the following segments of PESTEL analysis includes elements such as tax policies and changes in trade restrictions and
slavikrds [6]

Answer:

A. Political

Explanation:

PESTEL analysis is an instrument used to analyze and monitor the macro economic environmental factors than can have an effect on the organization.

PESTEL is an acronym for

P - Political

E - Economic

S - Social

T - Technology

E - Environmental

L - Legal

Political Factor - This is all about the role government plays in the economy. This can include – government policy, political stability or instability in overseas markets, foreign trade policy, tax policy, labour law, environmental law, trade restrictions etc.

Studying this would enable organizations respond better to current trends and prepare better for future legislations.

8 0
3 years ago
Macroeconomists are like scientists because they both:
Masteriza [31]

Answer: 1) collect data, develop hypotheses, and analyze the results.

Explanation:

Scientist are the professional who work in physical science or natural scientist field to gather information ,creates hypothesis for testing or experimentation to know about the actual outcome.

Macroeconomic is the field where overall economy is studied and analyzed to generate studied supposition .From created theory, evaluation of phenomena is done.

Other options are incorrect because unlimited usage of controlled experiment, relying on analyze data nd designing data are not the measure taken by scientist of macroeconomic field .Thus, the correct option is option (1).

8 0
3 years ago
a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4.5% of total accounts receivable to es
solniwko [45]

Based on the information give the estimated balance of the allowance for doubtful accounts is $25,650.

a. Estimated allowance for doubtful accounts

Estimated allowance for doubtful accounts =$570,000×4.5%

Estimated allowance for doubtful accounts =$25,650

b. Adjusting journal entry

Dec 31

Debit Bad debt expense  $13,650

($25,650-$12,000)  

Credit Allowance for doubtful accounts $13,650

(To record bad debts expense)

 

c. Adjusting journal entry

Dec 31

Debit Bad debt expense $26,650

($25,650+$1,000)  

Credit Allowance for doubtful accounts $26,650

(To record bad debts expense )

Learn more here:<em>brainly.com/question/15394488</em>

7 0
3 years ago
Do you agree with the flowing statements? Businesses should do anything they can to make a profit. Use specific reasons and exam
alekssr [168]

Answer:

Yes , I do agree with the statement "businesses should do anything they can to make a profit" I agree with this because in order to make money The business has to make profit. if they don't it could lead up to them losing the business from bankruptcy.

4 0
3 years ago
Randy is completing high school and is interested in becoming a broadcast analyst. Which level of education do most people in th
eimsori [14]
A bachelor's degree is required for most positions.
3 0
3 years ago
Read 2 more answers
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