Answer:
4) GDP will tend to increasingly understate the level of output through time.
Explanation:
The GDP includes all the final and legal goods and services produced within a country during a year, and underground economies usually involve illegal activities. Since the GDP does not include underground activities (e.g. unreported income, illegal drugs, prostitution, gambling, etc.), it will understate the true level of economic activity.
The GDP only includes activities that are subject to taxes, but some economists estimate that the size of the US underground economy is between $2.25 trillion to $2.46 trillion.
Answer:
NOV 1
Inventory 1,600
Account Payable 1,600
Nov 5
Account Payable 1,600
Discount received 32
Cash 1,568
Nov 7
Cash 100
Inventory 100
Nov 10
Freight In 80
Cash 80
Nov 13
Account receivable 1,728
Sales Revenues 1,728
Nov 13
COGS 864
Inventory 864
Nov 16
Sales Revenue 200
Account receivable 200
Nov 16
Inventory 100
COGS 100
Explanation:
The changes in inventory valuation must be done imediatly under perpetual inventory system.
Gas exchange and water balance are what these guard cells opt to maintain in the plant's structure for homeostasis. Moreover, these two factors are what regulate the action of the guard cells. Thank you for your question. Please don't hesitate to ask in Brainly your queries.
<span>Critics of Ansoff's matrix say that it does not take into account all the factors that can impact the market, like the factors outside the market, in the environment, that can still have an effect on the market. These factors influence the market and may make the Ansoff's matrix too simple to use in certain cases.</span>
