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4 years ago

We use wood to make tables, we we calculate GDP we include the sales of the wood to the table manufacturer.

Business

1 answer:

pickupchik [31]4 years ago

3 0

The GDP is calculated when the sales of the wood to the table manufacturer is True.

Explanation:

The wood is used to manufacture tables, the GDP is calculated when we include the sales of wood to the manufacturer table is true.
The sales of the product that are product outside the country or domestic border is not considered as the Gross Domestic product.
As the names GDP itself implies about the confinement within the domestic borders.
Where as, the illegal sales of good are known as the black market.
GDP also shows that what a country is good at producing a product to uplift economy.
The GDP is accountable for the country's total economic output each year.
All the households, durable and non-durable items, basic necessities all these expenditures are included as GDP is the monetary value of all final products and services provided.

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Carol's biology class was given the task of determining the average thickness of birch leaves. they were given no instructions f

Lemur [1.5K]

<span>An indirect measure would give Carol's biology class the most accurate measurement. If she finds the total thickness of 25 leaves and then divides the amount by 25, that should give her the thickness of an average birch leaf in the group.</span>

5 0

3 years ago

The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.

dmitriy555 [2]

Answer:

P = $ 45833.33

Explanation:

Given data:

interest amount = $11,000

time = 4 year

interest rate = 6%

we know that

simple interest = PRT

$11000 = P\times 0.06\times 4$

solving for Principal amount P,

P = $ 45833.33

7 0

4 years ago

your investment has a 20% chance of earning 30% rate of return, a 50% chance of earning a 10% rate of return, and a 30% chance o

emmainna [20.7K]

Answer:

8.9%

Explanation:

From the question above

- The investment has 20% chance of earning 30% rate of return

= 20/100

Number or chances= 0.2

- The investment has a 50% chance of earning 10% rate of return

= 50/100

Number of chances = 0.5

- The investment has 30% chance of losing 7%

= 30/100

Number of chances= 0.3

Therefore, the expected return on investment can be calculated as follows

=0.2(30) + 0.5(10) + 0.3(-7)

=6 + 5 - 2.1

= 11-2.1

= 8.9%

Hence the expected return on investment is 8.9%

7 0

3 years ago

If government revenues in 2011 were $2.2 trillion and government outlays were $3.8 trillion, the federal: Choose one:

olasank [31]

Answer:

The correct answer is A) Debt increased by $1.6 trillion

Explanation:

To find whether the government has a surplus or a deficit, we use this simple formula:

Govt surplus/deficit = G-T

where G = government outlays, and T= government revenue or taxes.

If G > T Government has a deficit
if G = T Government has a balanced budget
if G < T Government has a budget surplus

Now, we simply replace the terms

Govt surplus/deficit = $3.8 billion - $2.2 trillion = $1.6 billion

Because in this equation G > T, the government is in deficit, the deficit equals $1.6 billion, and will have to be financed by issuing debt. Hence, debt will increase by the same amount.

4 0

4 years ago

Accounts receivable arising from sales to customers amounted to $84,000 and $74,000 at the beginning and end of the year, respec

solmaris [256]

Answer:

$330,000

Explanation:

Change in WC = Opening receivables - Closing receivables

Change in WC = $84,000 - $74,000

Change in WC = $10,000

The decrease in working capital is $10,000

Cash from operating activities = Net income + Decrease in Working Capital

Cash from operating activities = $320,000 + $10,000

Cash from operating activities = $330,000

Thus, the cash from operating activities is $330,000

4 0

3 years ago