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evablogger [386]
3 years ago
8

How does gross domestic product (GDP) differ from gross national income (GNI)?

Business
2 answers:
bazaltina [42]3 years ago
6 0
The correct answer for the question that is being presented above is this one: "C.GDP is used by NASA to measure eroding coastlines, while GNI is used by the FBI to monitor criminal activity across borders." The gross domestic product (GDP) differ from gross national income (GNI) is that <span>C.GDP is used by NASA to measure eroding coastlines, while GNI is used by the FBI to monitor criminal activity across borders. </span>
FinnZ [79.3K]3 years ago
6 0

Answer:

The correct answer is option D.

Explanation:

Gross domestic product measures the value of final goods and services produced within the borders of an economy in a given period. It includes consumption expenditure, investment expenditure, government expenditure, and net exports.

While the gross national income measures the value of final goods and services produced within the borders of an economy in a given period and the net factor income from abroad.

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Total assets were $78,000 and total liabilities were $42,000 at the beginning of the year. Net income for the year was $15,500,
Vaselesa [24]

Answer:

$46,500

Explanation:

Accounting equation is stated as :

Assets = Equity + Liabilities

therefore,

Equity = Assets - Liabilities

Equity at Beginning of the Period :

Equity = Assets - Liabilities

           = $78,000 - $42,000

           = $36,000

Equity at end of the Period

Closing Equity Balance = Opening Balance + Net Income - Dividends

                                       = $36,000 + $15,500 - $5,000

                                       = $46,500

6 0
3 years ago
The direct labor standards for a particular product are 4 hours of direct labor at $12.00 per direct labor-hour = $48.00. During
Firlakuza [10]

Answer:

B) $ 1,614

Explanation:

Given the information

  • Actual:

Production= 3,350 units

Direct labor cost= $159,786

Direct labor hours= 13,450

=> rate per hour = $159,786 / 13,450 = $11.88

  • Standard

4 direct labor-hours for 1 unit

$12.00 per direct labor-hour

Budgeted production : 3,350 + 150 = 3500 units

=> The labor rate variance for the month was:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

= ($12.00 - $11.88 )*13,450

= 1614

We choose B

7 0
3 years ago
Miley's business of gift items is earning her good profits. She is the sole proprietor of the business and wishes to expand it.
Advocard [28]
I think B idk for sure
5 0
3 years ago
Read 2 more answers
If merchandise costing $500 is sold on account for $620, how is this transaction recorded when using a perpetual inventory syste
kipiarov [429]

Answer:

Explanation:

Debit Accounts Receivable and credit Sales Revenue for $620;

DEBIT: Cost of Goods Sold CREDIT: Inventory for $500

5 0
2 years ago
If you are interested in working for a specific company, what type of job site should you look at for opening?
lutik1710 [3]

Answer:

the correct answer is C. Company site

Explanation:

since you are interested in working for a specific company, the best way to see what sort of jobs are available and all other related information will be their own websites. most companies have a dedicated web page for careers in their company.

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3 years ago
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