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Crazy boy [7]
3 years ago
8

Gross domestic product is equal to the market value of all goods and services Group of answer choices 1. exchanged during a peri

od. 2. produced domestically during a period. 3. produced by the citizens of a nation during a period. 4. produced domestically during a period minus the depreciation of productive assets.
Business
1 answer:
Reika [66]3 years ago
4 0

Answer:

2. Produced domestically during a period

Explanation:

Gross domestic product (GDP) is defined as the total monetary or market value of all final goods produced within a country's border in a specific period of time. It is the total value of goods produced by residents of a given country during a period.

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At the end of WWII, the US took charge to reshape Japan’s government and economy. The Allies punished Japan for its past militar
VARVARA [1.3K]

Answer:

Inclusive economic institutions

Explanation:

Daron Acemoglu explains on his book titled 'Why Nations Fail' the roots and causes of economic development. For this author the most important component of progress is the stablishment of economic institutions which permits the integration and cooperation of society, defined by inslusive economic instituions instead of extractive ones.

In this particular case, the US autorities implemented a free market economy which correspond to an inclusive institution and replacing the old economy.

6 0
3 years ago
On February 1, 2020, Nelson Corporation purchased a parcel of land as a factory site for $320,000. An old building on the proper
Sergeu [11.5K]

Answer:

$335,000; $1,425,000

Explanation:

Record cost of the land as follows:

= Cost of purchasing parcel of land + Demolition of old building + Legal fees - value of Salvaged materials sold

= 320,000 + 20,000 + 5,000 - 10,000

= $335,000

Record cost of the new building as follows:

= Architect's fees + Construction costs

= 35,000 + 1,390,000

= $1,425,000

4 0
3 years ago
Gage buys from fishing guide corporation the exclusive right to sell fishing guide rods and reels in a certain area. their franc
Vinvika [58]
The answer is advertising costs. Advertising fee implies a periodical expense paid by the franchisee to the franchisor for the use caused in corporate promoting. Corporate publicizing costs incorporate promoting and other showcasing programs for the diversified business. 
A class incorporated into money related bookkeeping to speak to costs related to advancing an industry, substance, mark, item name, or particular items or administrations keeping in mind the end goal to animate a want to purchase the element's items or administrations.
5 0
3 years ago
George Bennet wants to give his son $20,000 upon completion of his college education. If he invests $5,500 now in an account ear
Dmitry_Shevchenko [17]

Answer:

It will take 16.09 years.

Explanation:

Giving the following information:

Future value= $20,000

Present value= $5,000

Interest rate= 9%

<u>To calculate the number of years required to reach the objective, we need to use the following formula:</u>

n= ln(FV/PV) / ln(1+i)  

n= ln(20,000 / 5,000) / ln(1.09)

n= 16.09

It will take 16.09 years.

6 0
3 years ago
In the 1980s, the U.S. government forced Japanese automakers to limit their exports to the United States. The union representing
never [62]

Answer:

A) save domestic jobs

Explanation:

Domestic jobs: These are the categories of jobs that are available in the national country of the company or within the boundary of the country, which has a preference for the local population and has more responsibility toward national´s resources, however, foreign companies have less responsibility toward national´s resources and their sole motive is to earn profit at a lesser cost.  

In the given case, Japanese company´s export to the U.S have affected the domestic jobs as their motive is to maximize profit, which leads to an argument for protection of domestic job in U.S auto industry, therefore, US government have limited the export of Japanese automaker.

7 0
3 years ago
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