1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nimfa-mama [501]
3 years ago
7

George hires a real estate agent to help him sell the house he has lived in for the past five years. Since the house is used, no

part of the sale will count in this year's GDP. Group of answer choices True False
Business
1 answer:
Rufina [12.5K]3 years ago
4 0

Answer:

The statement is: False.

Explanation:

The Gross Domestic Product or GDP is the metric that measures the performance of an economy over a period. The components of the GDP are private consumption, government expenses, investments, and net exports (exports minus imports).

Goods and services produced in previous periods are not considered in the GDP of the current period. Thus, in the case, <em>George's house revenue after the sale will not be part of the GDP. However, </em><u><em>the commission George has to pay to the real estate agent will be considered in the current year's GDP</em></u><em>.</em>

You might be interested in
A manager in a small office is asking if it is possible to limit network access to a particular website during business hours. A
AfilCa [17]

Answer and Explanation:

The best solution to accomplish the request from the manager while not limiting access to other website is simply to activate the firewall system from the main server. He proceeds by using a blacklist on that firewall and in other not to limit access to other websites, he just adds the site that users are spending excessive time on as a blacklist.

This would solve the problem and not affect other websites.

8 0
3 years ago
Timothy is a passionate speaker and has a political science degree. He is a natural leader and enjoys a challenge. Suzette also
gizmo_the_mogwai [7]
Tim should be in governance.
Suzette should be in planning
3 0
3 years ago
Read 2 more answers
If the prices of X and Y are $2 and $4 per unit, respectively, and this consumer has $10 in income to spend, to maximize total u
beks73 [17]

Answer:

In this case the consumer needs to buy one unit of X good and 2 units of Y goods to maximize total utility.

Explanation:

In order to maximize total unity, the consumer needs to buy buy one unit of X good and 2 units of Y. This combination of goods will give the total satisfaction to the consumer with its available resources.

Utility is a meaning, which is used in economics. Which is used for satisfaction and fulfillment. That a consumer receives from the consumption of a particular product or service.

Total utility is the overall or total satisfaction a customer receives through taking a specific good or service.

7 0
4 years ago
Japanese taxes had to be paid in the form of rice by the village as a unit.
Scilla [17]
The answer to your question is A
6 0
4 years ago
2. [5 pts] Consider the following events: Scientists reveal that eating oranges decreases the risk of diabetes, and at the same
REY [17]

Answer:

there would be a rise in equilibrium quantity and an indeterminate effect on equilibrium price

Explanation:

as a result of the scientists revelation, the demand for oranges would increase and so would the price.

as a result of the new fertilisers been used, the supply of oranges would rise and price would fall.

taking these two occurrences together, there would be a rise in equilibrium quantity and an indeterminate effect on equilibrium price

8 0
4 years ago
Other questions:
  • Fremont Enterprises has an expected return of 18 % and Laurelhurst News has an expected return of 21 %. If you put 43 % of your
    14·1 answer
  • If a person drives an automobile, they are required by law to have automobile liability insurance. in which situation would this
    13·1 answer
  • Gonzalez Company acquired $153,600 of Walker Co., 8% bonds on May 1 at their face amount. Interest is paid semiannually on May 1
    14·1 answer
  • What are the sources of externalities and market​ failure?
    9·1 answer
  • I offer to borrow money from you for 90 days at the following interest rate quotations: a discount rate of 5%. a simple interest
    5·1 answer
  • What guidelines will you develop for supervisors to successfully respond to employee questions about unionization? What can your
    15·1 answer
  • Do It! Review 1-3 Classify the following items as issuance of stock, dividends, revenues, or expenses. Then indicate whether eac
    9·1 answer
  • Mcniff Corporation makes a range of products. The company's predetermined overhead rate is $19 per direct labor-hour, which was
    8·1 answer
  • compare and contrast corporate social responsibility (csr) and socially responsible business (bsr). provide an example that diff
    11·1 answer
  • Rosalie is a sales consultant for Avon Cosmetics. This illustrates
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!