The gross domestic product (GDP) of the United states is defined as all the final goods and services produced in a given period of time.
<h3>What is Th
e gross domestic product of a country?</h3>
The gross domestic product of a country is all the final goods and services produced in a given period which is usually a year.
One of the methods used to calculate GDP is the expenditure method and it entails adding together the following components: consumption spending by households, Investment spending by businesses , Government spending and Net export
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1. keep a good track record of business expenses.
2. know which expenses can be deducted.
(THE FOLLOWING 3-9 ARE FULLY DEDUCTIBLE EXPENSES!!)
3. Fees, dues, and subscriptions.
4. Advertising, marketing, and promotion.
5. Labor.
6. Benefits, continuing education, or training.
7. Other insurance.
8. Office equipment and supplies.
9. Rent, Utilities, and Phones.
10. (These could be deductible )
Gifts, Meals, and Entertainment.
11. SPLIT PERSONAL AND BUSINESS EXPENSES
12. Home office, and mileage.
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Answer:
a in the long run, prices adjust, eliminating the relationship between inflation and unemployment
Explanation:
Philip's curve states that there is an inverse relationship between inflation and unemployment in the short run. However, in the long run, workers and consumers adapt to the new environment.
Answer:
Manufacturers produce or make products. They typically sell them to wholesalers or distributors that have expertise in getting products to retailers. Retailers then hold inventory and market the goods to consumers that purchase them for personal or family consumption.