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skelet666 [1.2K]
3 years ago
7

Why do economists include only final goods in measuring GDP for a particular year? Why don’t they include the value of stocks an

d bonds sold? Why don’t they include the value of used furniture bought and sold?
Business
1 answer:
Mekhanik [1.2K]3 years ago
6 0

Answer:

Only final goods and services are included in the GDP because if intermediate goods were included, then overcounting would occur and the GDP would appear to be much larger than what it really is.

Simply because the money raised by issuing stocks and bonds is used to purchase production factors (capital, materials and labor), it follows the same logic as intermediate goods.

Used goods are not included simply because they were already included in a the GDP of a previous year, whenever they were original sold.

Explanation:

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Answer:

Nominal rate = 5%

Explanation:

Given:

Require rate = 3%

Inflation rate = 2%

Find:

Nominal rate = ?

Computation:

⇒ Nominal rate = Require rate + Inflation rate

⇒ Nominal rate = 3% +  2%

⇒ Nominal rate = 5%

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3 years ago
Units Unit Cost Inventory, Jan. 1 8,000 $11 Purchase, June 19 13,000 12 Purchase, Nov. 8 5,000 13 If 9,000 units are on hand at
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Answer:

The answer is: $100,000

Explanation:

Under LIFO (last in, first out) costing method, we use the oldest costs are used to determine the ending inventory:

We were given the following data:

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Ending inventory = $88,000 + $12,000 = $100,000

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4 years ago
Spokes sells high-quality bicycles and accessories. The store is known for a pleasant environment, friendly salespeople, and an
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Answer:

Total Product

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Total Product is the term which is defined as the overall quantity of the output that the organization or the firm produces or manufacture, mostly specified in the relation to the variable input.

So, spokes is the one who sells the accessories and the bicycles, have a pleasant, friendly environment. All the elements are the part of the total products which is offered by Spokes.

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to increase the level of employee satisfaction

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Redesigning a product or service does not necessarily have to do with improving employee satisfaction, but it would be great if it does it as a side effect.

Redesigning a product or service costs money, and usually a lot of money, so c company must perform a cost benefit analysis before doing so. The main reason why a company would carry out a redesign is simply to increase consumer demand and total sales. This is generally achieved by increasing the quality of the product or service, and therefore consumer satisfaction. It can also do it to lower production costs, which also increases profits.

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Answer:

periodt & daelin a pretty name

Explanation:

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