Answer:
$20,000
Explanation:
GDP is the market value of <u>all final goods and
</u>
<u>services</u> produced within a country in a given period of time.
The GDP includes only the value of final goods, <em>the value of manufactured automobile in this question</em>, not the value of intermediate goods used in it, <em>the windshield, tires, and others.</em>
Reason: The price of intermediate goods (windshield, tires, CD player) is already included in the final price of $20,000.
Hence, GDP discourage to include these intermediate goods value as it will lead to double counting given that they're already included in final price of $20,000.
Answer:
A. $125
(Supplies + Electricity)
B. $10,300
(Salary lost + Rent amount lost)
C. $10,425
(Add them together)
1) They are young and not so smart o( just a saying), 2) They think they will be rich forever and forever be on top of the world, 3) Ignorance or following the wrong financial advice, 4) Instead of them wisely taking care of their finances, they put it in other people's hands, who of course abuse it as well or take advantage. :)
Answer:
The correct answer is (C) only frictional unemployment exists.
Explanation:
The unemployment rate is considered natural and refers to this term in a certain way because there are workers who change jobs for professional aspirations or for the improvement of the quality of life, due to its proximity to the new workplace and the remoteness of the previous one. Even when there is full employment there are certain unemployed people, it is what is known as frictional unemployment, since workers need time to find the right job.
Answer:
The more you sell the more you will earn :)
Explanation: