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ValentinkaMS [17]
3 years ago
14

A tire manufacturer produces 400 tires valued at $20 each. Three hundred tires are sold to a tire shop, which then sells them to

households for $50 each. The remaining tires are unsold and are added to the tire manufacturer’s inventory. How much is added to GDP? a. $8,000 b. $15,000 c. $13,000 d. $17,000
Business
1 answer:
Lesechka [4]3 years ago
8 0

Answer:

The amount of $15,000 will be added to the GDP.

Explanation:

GDP or gross domestic product can be described as the measure of all final goods and services produced in the geographical boundaries of a nation in a given period, often in a year.

Since, in the calculation of GDP only final goods and services are included,

So, the GDP will increase by total value of final goods produced

Total value of final goods

=Price*quantity of goods

=$50*300

= $15000

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Answer:

The correct answer is A) Fraud perpetrators.

Explanation:

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3 years ago
A fundamental aspect of _____ is that it effectively conducts global business by providing an individual the right to freedom of
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<u>Democracy.</u>

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Democracy is a social organization characterized by popular influence and participation in the political decision-making process. In the democratic regime, the people are free to choose their rulers through votes.

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3 years ago
On December 1, 20X1, Money Co. gave Home Co. a $200,000, 11% loan. Money paid proceeds of $194,000 after the deduction of a $6,0
zysi [14]

Answer: <em>(C.) $2,005</em>

Explanation:

Given :

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3 0
3 years ago
A company bought a parcel of land twenty years ago. The land is currently worth $575,000. The yearly appreciation rate has been
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Giving the following information:

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3 years ago
If an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for co
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