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3 years ago

If a surfboard is produced this year, but not sold until next year, how is it counted in this year's gdp and not next year's?

1 answer:

6 0

The value of the goods produced is recorded for the the current year GDP. The year of production not the year of the sale is where the product being produced needs to be recorded within. If it is sold the following year, the sale will then be recorded in the year it is sold in.

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Lostsunrise [7]

Answer: ok

Explanation:

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3 years ago

Read 2 more answers

Bramble, Inc. buys 1,000 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot i

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Answer:

determine the cost per CD for each group using tsv method

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3 years ago

2. Zach filed his individual federal tax return for the year ending December 31, 2018 on April 15, 2019 and he owed $25,000. As

jeyben [28]

Answer:

$26,125

Explanation:

[($25,000 x 0.005) x 9 + $25,000]

=$26,125

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4 years ago

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olganol [36]

Answer:

$4,500

Explanation:

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Total Installment payment = Annual Installment x Numbers of annual

Where

Annual Installment = $10,500 per year

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Interest payment = Installment Payment - Fair value of contract

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3 years ago

The best way to limit competition is to: Choose one: A. control a resource that is essential in the production process. B. lobby

zloy xaker [14]

Answer:

A. control a resource that is essential in the production process.

Explanation:

When the crucial resource is required to make a product, then the restrictions on such resource would not allow, many people to enter in such business.

Also that the resources will be restricted in some or other manner, its price will increase accordingly the cost of producing such article would also increase.

As the cost of production will increase only producers with a high budget and resources in terms of finance will chose it.

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3 years ago