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brilliants [131]
3 years ago
12

The ratio of a country's exports to its total output (GNP or GDP) Select one: a. is known as the index of openness. b. provides

a rough measure of the importance of international trade to that economy. c. if calculated for the United States would be quite low. d. All of the above. Clear my choice Question 2 Answer saved Points out of 1.00 Not flaggedFlag question Question text The difference between a country's Gross National Product (GNP) and its Gross Domestic product (GDP) is that Select one: a. GNP refers to production within the nation while GDP refers to production by domestic factors no matter where they are located. b. GNP is always bigger than GDP. c. GDP refers to production within the nation while GNP refers to production by domestic factors no matter where they are located. d. All of the above are true.
Business
1 answer:
AlexFokin [52]3 years ago
5 0

Answer:

1. d. All of the above are true.

2. c. GDP refers to production within the nation while GNP refers to production by domestic factors no matter where they are located.

Explanation:

1. The ratio of country's exports to GDP is known as trade-to-GDP ratio or the index of openness. This ratio main objective is to measures the importance of international trade in an economy and its usually remain high for developing countries.

2. The only difference between GDP and GNP is that of net factor income from abroad. While GDP only takes into account production of goods and services within the country's borders; GNP takes into account production of all economy owned identities, no matter where they are located.

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An electric power company uses block pricing for electricity sales. block pricing is an example of?
mario62 [17]

Answer:

Second-degree price discrimination.

<h3>Explanation:</h3>
  • Second-degree price discrimination occurs when a company charges a different price for different quantities consumed, such as quantity discounts on bulk purchases.
  • It involves pricing goods and services in such a way that it drums up demand and consumption.
  • There are various degrees of this strategy, notably first-, second-, and third-degree price discrimination.

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5 0
1 year ago
Things that the minister of sports could consider for sports to be a nation builder
svp [43]
I understand this question to mean "what can a minister of sports (presumably  in the US?) do so that sports serves a nation builder"

Sports can be a nation builder when it unites the nation, as when for example all the people cheer for one team. So the minister can for example support national teams.

Sport can also increase people's standard of life, so the minister can support local sport facilities - healthy people mean a healthy nation.

Also, it can be a common goal, such as when a nation organizes some championships, so he or she can apply to host the Olympics for example. <span />
4 0
3 years ago
In 2021, Short Construction began construction work under a four-year contract. The contract price is $2,000,000. Short recogniz
Masja [62]

Answer:

The appropriated answer will be "$1,700,000".

Explanation:

Revenue understood by completion percentage = Design balance throughout progress = $200,000

The percentage completion throughout the whole year will be:

⇒  \frac{200,000}{2,000,000 }

⇒  10 \ percent

The cost incurred throughout the whole year will be:

⇒  Revenue \ recognized - Income \ on \ the \ contract

⇒  200,000 - 30,000

⇒  170,000 ($)

Now,

The total estimated cost of the project at the end the year 2021 will be:

⇒  \frac{170,000}{10 \ percent}

⇒  1,700,000 ($)

6 0
3 years ago
On January 1, 2021, G Corp. granted stock options to key employees for the purchase of 87,000 shares of the company's common sto
vredina [299]

Answer:

the  compensation expense for the year is $327,120

Explanation:

The computation of the compensation expense for the year is given below:

= (Number of stock options to be purchased × (1 - forefeiture percentage) × fair value per option)) ÷ 2

= (87,000 shares × (1 - 0.06) × $8)) ÷ 2

= $327,120

Hence, the  compensation expense for the year is $327,120

The same should be considered and relevant too

8 0
3 years ago
Cost-push inflation will reduce supply and lower real output and employment which will eventually generate an economic _____ qui
monitta

Cost-push inflation will reduce supply and lower real output and employment which will eventually generate an "economic recession".

<h3>What is economic recession?</h3>

The National Bureau of Economic Research (NBER) describes a recession as "a large fall in economic activity distributed across the economy, lasting more than a few months."

Some characteristics of economic recession are-

  • Recessions are marked drops in economic activity that can endure for several months or even years.
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To know more about economic recession, here

brainly.com/question/1417711

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8 0
1 year ago
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