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Travka [436]
3 years ago
10

Which of the following is not considered when calculating a country’s GDP? a. goods produced by government agencies or commissio

ns b. goods produced in the country by people who are not citizens c. services produced in the country d. goods produced by citizens of the country who are currently overseas
Business
2 answers:
Drupady [299]3 years ago
5 0

The answer is (D) goods produced by citizens of the country who are currently overseas.

Gross domestic product (GDP) can be defined as the total value of goods and services produced in a particular country, over a given period of time. It doesn't matter if it's produced by her citizens or foreigners, as long as it is within the boundaries of a particular country, their production is included in that country's GDP.

For example, the BMW Group is a German company, however, cars manufactured in the United States are included as part of the United States GDP, it will not be calculated for Germany.

Therefore, goods produced by citizens of a country, who are currently overseas will be counted to the GDP of the country where the goods are produced.

Vsevolod [243]3 years ago
4 0

The answer is D.

Goods produced by citizens of the country who are currently overseas.

GDP measures inside of the country.... anything produced by citizens overseas would not count for a different countries GDP.

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Classify the following item as belonging in the revenue, expenditure, human resources/payroll, production, or financing cycle:
Semmy [17]

Answer:

d. Establish a $10,000 credit limit for a new customer

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Expenditure

c. Hire a new assistant controller

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k. Record factory employee timecards

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g. Record goods received from a vendor

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Explanation:

6 0
3 years ago
Steven consumes only two goods, both of which are normal goods. He is currently maximizing his utility in consumption of both go
zzz [600]

Answer:

The answer is: remain the same

Explanation:

The marginal utility of a good or service is how much better we feel when consuming an extra unit of that good or service. For example if we are very thirsty, the marginal utility of consuming a can of Coke is very large, but once our thirst is quenched, an extra can of Coke will not provide use with that much satisfaction as before.

If the price of a substitute good increases, the marginal utility of the good whose price didn't change, will remain the same.

Let's go back to the Coke example. An extra can of Coke will give me 5 more satisfaction units (I'm assuming I can measure satisfaction) and an extra slice of pizza will give me 7 more units of satisfaction. If the price of Coke increases from 50 cents to $1, its marginal utility will decrease. I will buy more pizza because the satisfaction I get from drinking Coke is now smaller.

4 0
3 years ago
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ANTONII [103]

Answer:

The correct answer is E

Explanation:

Marketing is the procedure or the process of interesting the potential customers or consumers as well as the clients in products or services. In short, it is the procedure which involves distributing, promoting, selling and researching the services or the products.

Therefore, the marketing is the set of institutions, activity and the processes for communicating, delivering and creating that value for the clients, society and customers at huge.

4 0
3 years ago
When a company maintains its price but removes or prices separately one or more elements that were part of the former offer, suc
fomenos

The name which is given to the process when a company maintains its price but removes or prices separately is known as E. unbundling

<h3>What is Price?</h3>

This refers to the attached value which is given to a good or service that is exchanged for that particular value.

Hence, we can see that when a company removes freebies such as free delivery or installation but maintains its price is known as unbundling and is a market activity.

Read more about marketing here:

brainly.com/question/25754149

8 0
2 years ago
The agreements that set terms for various aspects of commercial relations with other countries such as the right to conduct busi
Ivan
The agreements that set terms for various aspects of commercial relations with other countries such as the right to conduct business in the treaty partner's domestic market are called <span>friendship, commerce, and navigation (FCN)  treaties. Correct answer: C
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