Answer:
The correct answer is: monetary value of all final goods and services produced within the borders of a nation in a particular year.
Explanation:
GDP of a nation can be defined as the monetary value of all the goods and services that are produced within the geographical boundaries of the nation in a year.
The GDP does not include intermediate goods and services as it may lead to double counting. The reselling of objects is also not included.
It is used to measure the health of a nation's economy. It shows the level of economic activities in a nation. An increase in GDP means economic growth.
She should put this into a chart or graph. This is a
graphical illustration of data, in which "the data is characterized by
symbols.” By organizing data, it can be more effortlessly understand what has
been perceived. Subsequently, most of the data is quantitative, data tables
and charts are typically used to consolidate
the information. Graphs are shaped from those data tables.
Answer: $1,750
Explanation:
Incurring a health insurance cost of $5,000 or increasing salaries by $5,000 will have the same effect on the taxes because they will both be removed from the income before the taxes are calculated.
The reduction in tax in either case is:
= Expense * Tax rate
= 5,000 * 35%
= $1,750
Answer:
No, the second car shouldn't be purchased.
Explanation:
After buying the first car, when second car is to be brought the marginal benefit is lower than marginal cost. So, only one car should be brought.
Answer:
false
Explanation:
a differentiator will always benefit when products have become commoditized