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JulijaS [17]
2 years ago
9

Suppose the total monetary value of all final goods and services produced in a particular country in 2015 is $500 billion and th

e total monetary value of final goods and services sold is $450 billion.
We can conclude that:

A. GDP in 2015 is $450 billion
B. NDP in 2015 is $450 billion.
C. GDP in 2015 is $500 billion.
D. Inventories in 2015 fell by $50 billion.
Business
1 answer:
skelet666 [1.2K]2 years ago
8 0

Answer:

C. GDP in 2015 is $500 billion.

Explanation:GDP(GROSS DOMESTIC PRODUCT) is a macroeconomic measure that is used to describe the total monetary value of the goods and services rendered within an economy in a given period of time usually annually.

IT IS GENERALLY BELIEVED THAT THE HIGHER THE GROSS DOMESTIC PRODUCT (GDP) IN AN ECONOMY SIGNIFIES THAT THE ECONOMY IS EFFICIENT IN MANAGING ITS PRODUCTIVE RESOURCES AND THE PRODUCTIVITY OF THE ECONOMY IS HIGH.

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In an effort to encourage its employees to develop new ideas for the firm, w.l. gore has a 'dabble time policy' that allows empl
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Answer: Intrapreneurs

W.l. Gore is developing Intrapreneurs within the company. They train their employees to become Intrapreneurs by assigning them to work on a special idea or project within the company, and they are instructed to develop the project like an entrepreneur would.  They are allowed to devote 10% of their time at work and  the company even provide employees with funds to use for these projects

4 0
3 years ago
A company has $90,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts.
Kaylis [27]

Answer:

A. $2,800

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Amount assessed to be uncollectible

= 4% × $90,000

= $3,600

Additional Amount to be allowed for

= $3,600 - $800

= $2,800

This will be posted as debit to bad debt and a credit to allowance for doubtful debts account.

4 0
3 years ago
Read 2 more answers
In order to make a decision utilizing a decision tree, you must:___________.a. start at the most distant point in time and work
jarptica [38.1K]

Answer:

In order to make a decision utilizing a decision tree, you must:___________

b. begin at Time 0 and work towards the most distant point in time.

Explanation:

Decision trees are built up by starting from the present with the overarching objective (goal) in mind.  Then, one classifies the information along various branches and leaf nodes, with each branch representing the outcome of an alternative route or a question answered based on the likelihood of the event happening.  Each leaf node represents a class label (decision taken after computing all attributes). This structure can be used to predict likely values of data attributes.

8 0
3 years ago
According to the U.S. Department of Labor Statistics, in 2009 high school graduates made approximately _____ more a year than th
iragen [17]
<span>According to the U.S. Department of Labor Statistics, in 2009 high school graduates made approximately $ 32,544/Year, <span>whereas</span>,</span><span> those who did not complete high school </span>made approximately $23,664.
Which mean the ones who graduated the high school earned around $10,000 more than the ones without a high school degree.

3 0
3 years ago
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A company's beginning Equipment account is $100,000. It purchased $10,000 of new equipment and sold $4,000 of its equipment duri
tankabanditka [31]

The company's ending Equipment balance equals a $106,000 balance.

<h3>Ending Equipment balance</h3>

Using this formula

Ending Equipment balance= Beginning Equipment balance+New equipment- Ending Equipment balance

Where:

Beginning Equipment balance=$100,000

New equipment=$10,000

Ending Equipment balance=$4,000

Let plug in the formula

Ending Equipment balance=$100,000+$10,000-$4,000

Ending Equipment balance=$106,000

Inconclusion the company's ending Equipment balance equals a $106,000 balance.

Learn more about ending Equipment balance here:brainly.com/question/24401217

8 0
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