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marshall27 [118]
3 years ago
7

Choose the multiple choice answers which, when strung together, create an accurate definition of gdp. the u.s. nominal gross dom

estic product is:
Business
1 answer:
den301095 [7]3 years ago
3 0

The answer is:

-all final goods and services...

-legally produced

-within the territorial boundaries of the United States...  

-within a given time period  

- and valued at the prices at which the goods or services sold

The Gross Domestic Product of country counted all goods and services that produced by a country within one year. In order to count this, we need to add total market value of consumption, investments, government spending, and net export. This definition covers all the list above.

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1) Athena and Aries

2)Tamil/Sanskrit

3) Plato and Euclid

4) Solar energy Wind energy

5)Ruby, emerald

6)Python, Rattlesnake

7)8)9)i have no idea

Explanation:

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Which piece of information would you find on an income statement?
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The answer is cost of goods sold... brainliest plz

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4 years ago
What is the payment you receive for allowing a financial institution or corporation to use your
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Answer:C

Explanation: I have worked for 3 banks over the course of the last 10 years.

5 0
3 years ago
Likert company manufactures extremely accurate scales. They use a standard costing system. Last year the company projected that
sergij07 [2.7K]

Answer:

$ 2,504,000

Explanation:

Budgeted overhead= $2,375,000

FOH budget variance= $129,000

Actual amount of fixed overhead= $2,375,000+$129,000

=$ 2,504,000

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4 0
4 years ago
Suppose that Spain and Denmark both produce jeans and olives. Spain's opportunity cost of producing a crate of olives is 3 pairs
Lyrx [107]

Answer:

b. 6 pairs of jeans per crate of olives; and

c. 4 pairs of jeans per crate of olives

Explanation:

                 Olives       Jeans      Trade off Ratio (Olives:Jeans)

Spain            1               3            1:3 or 0.33:1       (1/3 = 0.33)

Denmark      1              11            1:11 or 0.09:1     (1/11= 0.09)

Spain & Denmark have less opportunity cost & hence comparative advantage than each other,  in Olive & Jeans respectively.

Spain will export Olives to Denmark (importer). Denmark will export Jeans to Spain (Importer). Trade will be gainful if they get exchange ratio better than domestic exchange ratio.

  • '2 jeans pairs per olive crate' not gainful trade ratio for Spain, as it is getting more i.e 3 jeans pair per olive crate at its own domestic ratio.
  • '13 jeans per olive' not gainful for Denmark, as 0.07 = (1/13) olive per jeans is worse than its own domestic ratio i.e 0.09 = (1/11) olive per jeans  

'4 jeans pairs per olive crate'  is gaining trade ratio for:

  • Spain: As it gets 4 i.e more than 3 pairs of jeans per olive crate
  • Denmark : As it gets 0.25 = (1/4) i.e more than 0.09 olive crates per pair of jeans

'6 jeans pairs per olive crate' is gaining trade ratio for:

  • Spain: As it gets 6 i.e more than 3 pairs of jeans per olive crate
  • Denmark : As it gets 0.16 = (1/6) i.e more than 0.09 olive crates per pair of jeans

Both of them are gainful trade ratios, but:

  • 1olive:4 jeans is more gainful for Denmark, as it is gaining relatively more than domestic exchange rate (0.25 is more > 0.09 than 4 > 3).  
  • 1olive:6jeans is more gainful for Spain as it is gaining relatively more than domestic exchange rate (6 is more > 3 than 0.16 > 0.09)  

3 0
4 years ago
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