Answer:
Only final goods and services are included in the GDP because if intermediate goods were included, then overcounting would occur and the GDP would appear to be much larger than what it really is.
Simply because the money raised by issuing stocks and bonds is used to purchase production factors (capital, materials and labor), it follows the same logic as intermediate goods.
Used goods are not included simply because they were already included in a the GDP of a previous year, whenever they were original sold.
Explanation:
Answer:
Adaptation versus standardization
Explanation:
Adaptation is when a product is modifyed to meet the requirements and customs of a place. In standarization the products aren't modified, they are both forms to sell products overseas.
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Answer:
Realized gain is $297,144
Recognized gain is $47,144
Adjusted basis for new residence is $175,000
Explanation:
•Ted's Realized gain:
Sales price $368,000 - basis $48,776 - expenses $22,080 = $297,144.
• Ted's Recognized gain:
Realized gain $297,144 - exclusion upto $250,000 = $47,144.
• Ted's basis of the new residence is its cost of $175,000.
Answer: c.) Yes, the process is in control.
Explanation:
For the process to be in control, the number of defects have to be between the Upper Control Limit and the Lower Control limits of the c-chart which can be used to measure defects of irregularities per unit.;
UCL = C-bar + z*√(c-bar)
LCL = C-bar - z*√(c-bar)
C - Bar =
C - Bar =
C - Bar = 4.375
z = 3 when using the 3 sigma control
UCL = C-bar + z*√(c-bar)
UCL = 4.375 + 3 * √(4.375)
UCL = 10.65
LCL = C-bar - z*√(c-bar)
LCL = 4.375 - 3 * √(4.375)
LCL = -1.9
LCL = 0 (Lower limit minimum should be 0 at least)
Defects are within the control limits. The process is in control.