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kaheart [24]
3 years ago
10

The basic difference between a good and a service is that a good

Business
2 answers:
d1i1m1o1n [39]3 years ago
8 0

Answer:

The basic difference between a good and a service is that a good is tangible while a service is intangible.

Explanation

Check the table attached to find an outline of the basic differences between a good and a service.

Download doc
Sidana [21]3 years ago
7 0

Answer:

is a tangible object that can be owned and stocked.

Explanation:

The main characteristics of services are:

  1. Lack or ownership: services cannot be owned or stocked.
  2. Intangibility: services do not have a physical shape.
  3. Inseparability: services are produced and consumed at the same time.
  4. Variability: services are not homogeneous and their quality might vary a lot.
  5. Perishability: any service not provided today is lost by tomorrow.
  6. User participation: consumers and producers must necessarily participate in the service process.

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Hitman42 [59]

If an economy's population grows at 3 percent and real gdp grows at 2 percent, then per capita real GDP is declining

<h3>What is GDP?</h3>

Gross domestic product (GDP) is a monetary measure of the market value of all final products and services produced by countries in a given time period. Because of its complicated and subjective nature, this metric is frequently changed before it can be deemed a valid indicator.

Consumption, investment, government spending, exports, and imports are the components of GDP calculated using the expenditures approach.

Following a 6.9 percent gain in the fourth quarter of 2021, real GDP fell at an annual rate of 1.6 percent in the first quarter of 2022.

GDP is the sum of consumer expenditure (of households, NPISHs, and general government), gross fixed capital formation, inventory changes, and exports of goods and services, less the value of government debt.

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2 years ago
The spot rate for the Argentine peso is $0.3600 per peso. Over the year, inflation in Argentina is 10 percent and U.S. inflation
stealth61 [152]

Answer:

The exchange rate should be approximately <u>0.340364</u> dollars per peso.

Explanation:

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Inflation in Argentina = 10 %

U.S. inflation = 4 %

Hence Expected rate =

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Hence

1 Peso = $0.3600(1.04) / 1.10

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Dallas Snow Removal's cost formula for its vehicle operating cost is $2,060 per month + $306 per snow-day. For the month of Janu
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3 years ago
The rental real estate exception favors: A. lower-income taxpayers (AGI less than $80,000). B. middle-income taxpayers (AGI grea
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Answer:

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The rental real estate exemption allows taxpayers who are not real estate professionals, to deduct up to $25,000 of real estate loss per year.

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The two basic requirements for qualifying for this exemption is that the individual actively participates in the management of the real estate property that generated the loss and that they own at least a 10% interest in the property.

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