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Harman [31]
3 years ago
15

Suppose a consumer purchased a new television for $1000 2 years ago. Today, that person sold it in her garage sale for $200. How

does this affect the current GDP.
Business
1 answer:
guajiro [1.7K]3 years ago
4 0

It will not affect the current GDP at all. GDP is a measure of all <u>newly produced</u> goods and services during a year, so 2 years ago the TV's full value would have been included in the GDP, but the sale of the TV as a used good later on would not be counted.

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Chapter 11: Sport Sponsorship
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<h3>What are sponsorship activities?</h3>

Sponsorships are is known to be the financial or also called an in-kind support of any kind of activities.

Businesses often sponsor things such as events, trade shows, groups, etc. so that they can reach also their business goals and boast their competitive advantage.

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6 0
2 years ago
Write 5-7 words that are similar to marketing. What words come to your mind when you think of marketing?
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Answer:

sell, retail, trade, advertise, promote, buying,

Explanation:

7 0
3 years ago
Since commercial finance companies offer loans to higher-risk customers than commercial banks, the interest rates they charge ar
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Answer:

The correct answer is (A)

Explanation:

Commercial finance is another way to generate funds, but they come with certain drawbacks compared to commercial banks. Commercial finance usually give loans to customers who are interested in more risky investments.  The interest they charge is usually higher which can only be paid if a client invests in riskier investments to earn higher returns.

3 0
3 years ago
________ often assist companies and their employees with ethical issues by formally addressing contributions to government offic
spin [16.1K]

Answer: Code of ethics

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4 0
3 years ago
Keith works in the marketing department of an airline service company. He was asked to identify any current or future changes in
Setler79 [48]

Answer:

The market structure that Keith's company uses is monopolistic competition.

Explanation:

In monopolistic competition, there are many firms in the market, the price is mostly determined by market forces, and as a result, the companies try to sell products that are different in some way.

In this case, Keith's company competitors are trying to use a pricing strategy to increase their market share. They are trying to compensate loss of revenue from the lower prices, with a higher sales volume.

4 0
3 years ago
Read 2 more answers
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