1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Klio2033 [76]
3 years ago
7

An economy produces final goods and services with a market value of $10,000 billion in a given year, but only $8,500 billion wor

th of goods and services is sold to domestic or foreign buyers. Is this nation’ s GDP $5,000 billion or $4,500 billion?
Business
1 answer:
Ghella [55]3 years ago
3 0

$5000 is the GDP

Explanation:

GDP calculates the value of final goods and services produced in a given year. The value of goods and services produced is included in GDP measurement and not the value of goods and services sold.

GDP is the largest quantitative measure in the overall economic output of any country.In fact, GDP measures the monetary value of all goods and services produced over a given period within a country's geographical boundaries.

The GDP per capita ratio to the entire region's population is the average standard of living.

You might be interested in
The truck was the only asset purchased during the year. Which of the following statements is correct regarding the depreciation
quester [9]

The following statements is correct regarding the depreciation that can be taken on the truck is the business will deduct one-half of a full year's depreciation on the truck in the current year.

Depreciation is the system of deducting the fee of a enterprise asset over a protracted length of time, in place of over the direction of 1 year. There are 4 principal techniques of depreciation: immediately line, double declining, sum of the years' digits and gadgets of production.

An enterprise is described as an enterprise or enterprising entity engaged in commercial, industrial, or expert activities. Businesses may be for-earnings entities or non-earnings organizations. Business sorts variety from restrained legal responsibility groups to sole proprietorships, corporations, and partnerships.

Learn more about Depreciation here:

brainly.com/question/29524602

#SPJ4

4 0
1 year ago
Which of the following events would unambiguously cause a decrease in the equilibrium price of cotton shirts? a. a decrease in t
ella [17]

Answer:

a. a decrease in the price of wool shirts and a decrease in the price of raw cotton

Explanation:

A decrease in the price of wool shirts would lead to an increase in demand for wool shirts and a decrease in demand for cotton shirt. Cotton and wool shirts are substitutes goods. Price would fall and quantity would fall. A decrease in the price of raw cotton would increase production of cotton shirts and the supply of shirts would increase. This would lead to a rightward shift in the supply curve. Quantity would increase and price would fall. The combined effect of this would lead to an unambiguous decrease in price.

I hope my answer helps you

3 0
3 years ago
A limit buy order is an order to buy if the stock price goes ___ a specified level; a stop buy is an order to buy if the stock p
Lelechka [254]

Answer:

YES

Explanation:

8 0
3 years ago
A class of stock for which there is no minimum legal capital is called?
Ann [662]
The answer would be D noncumulative stock.
6 0
3 years ago
Free cash flow describes the net cash provided by operating activities after adjusting for A : current liabilities. B : both cap
Nikolay [14]

Answer:

The answer is B, both capital expenditure and dividends paid.

Explanation:

In the Statement os Cash Flow, cash provided by operating activities fails to take into account that a company must invest in a new property, plant, and equipment and must maintain dividends at current levels to satisfy investors.

Free cash flow describer the net cash provided by operating activities after adjusting for capital expenditures and dividens paid.

7 0
3 years ago
Other questions:
  • Leslie Porter is planning a trip to Europe upon graduation in two years. She anticipates that her trip will cost $14,000. She wo
    9·1 answer
  • You’ve just graduated from Berkeley College with a major in accounting and have landed your first accounting job. Your assignmen
    5·1 answer
  • Greger Peterson is a senior manager at a public accounting firm making a base salary of $180,000 a year ($15,000 per month). Emp
    10·1 answer
  • Why don't government planners try to end seasonal unemployment?
    6·2 answers
  • Linaweaver Inc. has $2.80 per unit in variable costs and $5.50 per unit in fixed costs and a production volume of 100,000 units
    12·1 answer
  • Tara purchased a machine for $40,000 to be used in her business. The cost recovery allowed and allowable for the three years the
    15·1 answer
  • Marginal revenue product is the
    13·2 answers
  • The following information is available for Chap Company.Sales: 350,000Cost of goods sold: 120,000Total fixed expenses: 60,000Tot
    15·1 answer
  • On March 1 a dressmaker starts work on three custom-designed wedding dresses. The company uses job order costing and applies ove
    10·1 answer
  • The aicpa has assigned responsibility for issuing official pronouncements on auditing matters to the
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!