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BabaBlast [244]
4 years ago
9

What happens if we measure gdp by adding up the value of every good and service produced in the​ economy?

Business
1 answer:
slamgirl [31]4 years ago
5 0

Answer:

It will be a mistake as there are good and services which are intermediate or used in the process to produce another products therefore, there will be som wich are count twice or more.

The correct way to calcualte the Gross Domestic Product will be to measurethe<u> finishing goods and services </u>purchased to avoid this problem with intermediate goods.

Explanation:

You might be interested in
Select the true statement(s) about entrepreneurs. Entrepreneurs usually wind up making a lot of money. A small business owner ma
charle [14.2K]

Answer:

Answers B,C, and D are all correct.

Explanation:

An entrepreneur is anyone who organizes and operates a business and takes on great financial risks, usually when we envision an entrepreneur we see a business tycoon sitting on top of a mountain of money, but this is not the case the majority of the time. this means the only answer that doesn't fit the entrepreneurial criteria is that they make a lot of money.

6 0
4 years ago
If total assets increased $150,000 during the year and total liabilities decreased $60,000, what is the amount of owner’s equity
klasskru [66]

Answer:

$710,000

Explanation:

The computation of the owner’s equity at the end of the year is given below:

We know that

Accounting equation equals to

Total assets = Total liabilities + owners equity

where,

Total assets = $800,000 + $150,000 = $950,000

And, the total liabilities = $300,000 - $60,000 = $240,000

So, the owners equity at the end of the year would be

= $950,000 - $240,000

= $710,000

8 0
3 years ago
Johansen Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The
soldier1979 [14.2K]

Answer:

A) $2.50 per direct labor-hour

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

where,

Estimated manufacturing overhead = Rent on factory building  + Depreciation on factory equipment + Indirect labor + Production Supervisor's salary

= $15,000 + $8,000 + $12,000 + $15,000

= $50,000

And, the estimated direct labor hours is 20,000

So, the rate is

= $50,000 ÷ 20,000

= $2.5 per direct labor-hour

8 0
3 years ago
You plan to set up an endowment at your alma mater that will fund $205,000 of scholarships each year indefinitely. If the princi
o-na [289]

<u>Solution and Explanation:</u>

The present value of annuity = Annual cash flows/Discount rate

= 205000 divided by 4 percent

=$5125000.00

The future estimation of cash is determined by utilizing a rebate rate. The markdown rate alludes to a financing cost or an accepted pace of profit for different speculations. The littlest markdown rate utilized in these figurings is the hazard free pace of return. U.S. Treasury bonds are commonly viewed as the nearest thing to a hazard-free venture, so their arrival is regularly utilized for this reason.

5 0
3 years ago
everything else held constant, the interest rate on municipal bonds rises relative to the interest rate on treasury securities w
posledela

Interest rates would increase since the tax-exempt status of municipal bonds would lose some of its appeal and there would be less of a market for them as a result of the lower income tax rates.

When the income tax rate is reduced for municipal bonds, the value of the bonds will also decline because the tax-exempt status for the bonds will also be reduced as a result of the lower income tax rate. Additionally, it lessens the demand for municipal bonds.

To know more about the municipal bond visit here :

brainly.com/question/23962246

#SPJ4

6 0
1 year ago
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