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mel-nik [20]
3 years ago
13

Which goods would be included in the calculation of GDP

Business
1 answer:
JulsSmile [24]3 years ago
7 0

The simplest way to explain it is that the GDP includes all of the goods that have been produced in a specific time frame, usually one year. The GDP is measured for each country separately, though it can also be measured by organization, region, etc. To be more specific, the final goods that the GDP includes in it include all of the public and private consumption, investments, construction costs, government outlays, additions to private inventories, as well as the foreign trade balance. The GDP is often used to describe a country's economy and the living standard, but it is far from the best measure for those things.

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Current Attempt in Progress Nash's Trading Post, LLC developed the following information about its inventories in applying the l
VashaNatasha [74]

Answer:

c. $258000

Explanation:

The computation of the ending inventory using LCRNV rule is given below:

Product         Cost                Market            LCRNV

A                    $84000           $89000        $84000

B                     $59000           $56000       $56000

C                      $118000          $120000     $118000

Total value                                                  $258,000

5 0
2 years ago
An international firm considering foreign expansion should take into account that: a) the timing and scale of entry of foreign e
Alchen [17]

Answer: c) if the firm's core competence is based on proprietary technology, entering a joint venture might risk losing control of that technology.

Explanation:

When firms expand into international markets, it is a standard practice to partner with a local company that already has expertise in the market to enable an easier transition.

This creates a problem however because in partnering with the company, the competitive advantage that the company holds could be at risk. This is even more so if the competitive advantage is based on proprietary technology and by entering into a partnership and giving another company access to that technology, there is a risk that control could be lost.

7 0
2 years ago
An agreement two parties enter into before marriage that clearly states the ownership rights each party enjoys in the other part
Effectus [21]

Answer:

prenuptial agreement

Explanation:

A prenuptial agreement or prenuo is one that is created between two people before marriage. A prenuo lists all the properties owned by each individual and action to be taken as regards ownership after the marriage.

Prenuptial agreement has been used by parties that are wealthy in marriages to protect their wealth from spouses that may take advantage of them and obtain their wealth after a divorce. For example a person may say his spouse is not entitled to ownership of his property after marriage.

7 0
3 years ago
Read 2 more answers
The market share held by the "Other" category (which includes dark pools) constitutes roughly ______% of trading volume in NYSE-
Volgvan

Answer:

The correct word for the blank space is: 30%.

Explanation:

The New York Stock Exchange (<em>NYSE</em>) is the largest, oldest, and best-known stock exchange in the world. The market capitalization of the NYSE's listed companies is unmatched. Its listings feature most of the world's largest and best-known corporations. The NYSE requires a high standard before the stock can be listed. This is why there is around 30% of the listed companies in the NYSE that trade in other markets because they are not considered qualified.

4 0
2 years ago
What is the starting salary of a novel author or novelist? it's for a project.​
jenyasd209 [6]

Answer:

The average one is $49,046. Found it online.

3 0
2 years ago
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