The unreported or illegal production of goods and services in the economy that is not counted in gdp is termed:

1 answer:

5 0

It is the underground economy. The underground economy alludes to illicit financial action. Exchanges in the underground economy are illicit either in light of the fact that the great or administration being exchanged is itself unlawful or in light of the fact that a generally licit exchange does not agree to government revealing necessities. The main class incorporates medications and prostitution in many wards.

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Malcolm has decided that he wants to open up his own law practice. The time has come to establish prices for his services. Due t

AnnyKZ [126]

Answer:

After Malcolm has chosen the pricing strategy he wants to use, the next step would be c. determining the final price.

Explanation:

Malcom would have to determine a specific price for cases, and this final price is not dependant on the amount of time spent on each cases or the magnitude of the case.

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3 years ago

Competition affects prices, but does not have any other effects.<br> True<br> False

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2 years ago

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Does being unemployed apply to someone who has never been employed

Temka [501]

Yes, because the definiton of unemployed is doesn't have job but is ready to work

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2 years ago

If you started your own company selling iphone applications, what organizational structure would you create? why?

Sladkaya [172]

I will create a combination of functional and project-based organizational structures. I have selected the combination due to the following rationale.

There are different types and categories of iPhone applications. So, the development of each application is a project. Accordingly, competent professionals will be used and they will move from one project to another project.
Selling of applications as well as taking care of HR operational aspects of the business will require people with expertise in these functional areas also. So, getting good sales as well as HR retention is the top priority for the business.
A combination of these two structures will create a mix of back end and front end without any departmental inclination. So, the company will succeed.

Opting for other structures will either focus on applications or sales. But, it will be ineffective as sales will not happen without applications and applications alone cannot generate good sales without proper marketing.

Besides, there can be role confusion and conflict of interest with other organizational structure such as line only or staff only structures. Even, the selection of project-only or functional-only organizational structures will create problems and employee turnover will also increase.

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1 year ago

Which one of the following is not a function of money? A. Medium of exchange. B. Store of value. C. Open market operation. D. U

Lisa [10]

Answer:

The correct answer is C

Explanation:

Money is the term which is described as something which serves as exchange medium, store of value and a unit of accounting. It is a exchange medium in the terms, that the person will agree to receive it by making a transaction.

In short, when depositing the money into any financial institution like banks, then this states the store of value function of the money.

Therefore, the one which is not the function of money is that it has the operations in the open market.

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2 years ago