1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
enyata [817]
3 years ago
8

Household​ production, such as baking bread at​ home, is not included in GDP because it

Business
1 answer:
Mariulka [41]3 years ago
6 0

Answer:

The correct answer is option D.

Explanation:

GDP can be defined as a measure to calculate the economic growth of a nation. It includes the production of final goods and services in the geographical boundaries of a nation.

It does not include home production of goods and services, this is because such goods and services do not involve a market transaction. For instance, if a person is baking bread at home he/she is not being paid for it by anyone.

You might be interested in
You are a manager of a soft drinks company that is planning to go head to head with Coca-Cola to increase market share. Your str
madam [21]

Answer:

Explanation:

Organizational structure is what is best for

1. lowering cost:

what would be most suitable here is the product based division structure. this is because the main goal is the launching of new product lines and also getting ranges that are in existence to be bigger. the divisions are smaller here, which is given to each single product line which may have their own R&D and response divisions. Efficiency is increased, product development cycle is reduced and so also is cost lowered.

2. increasing responsiveness:

what is best here is region/geographic based structure. this is as divisions that are smaller are given to distinct areas. this increases region specificness as well as the fact that it takes care of any grievances. the team here have good knowledge of the needs of the specific region and their socio cultural background.

3. both

the matrix structure is best when their is a goal to lower cost and at the same time increase responsiveness. the divisions are of two dimensions, primary and secondary. this therefore increases sharing of resources and also cost reduction. it uses both if these goals to enhance efficiency.

8 0
3 years ago
A law firm received $1600 cash for legal services to be rendered in the future. The full amount was credited to the liability ac
Viefleur [7K]

Answer and Explanation:

In the first situation, the journal entry is

Cash Dr $1,600

      To Unearned revenue $1,600

(Being the unearned revenue is recorded)

For this we debited the cash as it increased the assets and credited the unearned revenue as it also increased the liabilities

The adjusting entry is

Unearned Service Revenue XXXXX

          To Service Revenue XXXXX

(Being the adjusting entry is recorded)

If this entry is not recorded than it would leads to understated of revenue and overstated of liabilities

4 0
3 years ago
During the last few decades in the United States, health officials have argued that eating too much beef might be harmful to hum
Lyrx [107]

Answer:

d. Individual consumers, concerned about their own health, decreased their demand for beef, which lowered the equilibrium price of beef, making it less attractive to produce.

Explanation:

One of the factors that affect change in demand is change in consumer preference. The health concern of beef will affect bring about this change in consumer preference and consequently results in less demand for beef. When there is less demand for beef, the price will go down. And as the price goes down, producers will have less incentive to supply more. This behavior is in consonance with law of supply that says the lower the price, the lower the quantity supplied, all things being equal.

7 0
3 years ago
Describe one thing that an agricultural engineer does
Harman [31]

Agricultural engineers design agricultural machinery components and equipment, using computer-aided design technology.

5 0
3 years ago
Most people in the United States were not expecting the stock market to crash.
aleksley [76]

True.  They took a gamble at the stocks and many borrowed money that could not returned as a result, the market crashed and that led to the Great Depression where many Americans began to struggle as jobs were cut and business were closed.

7 0
2 years ago
Other questions:
  • Ava and her husband, Leo, file a joint return and are in the 24% Federal income tax bracket. Ava’s salary is $75,000. Her employ
    12·1 answer
  • _____ is a cost that relates to all errors not detected and not corrected before delivery to the customer.
    12·1 answer
  • 3) Drew receives an inheritance that pays him $54,000 every three months for the next two years. Which of the following is close
    6·1 answer
  • A $7,500 face value, 20-year bond has a nominal annual coupon rate of 7.4%, paid semiannually. The yield to maturity is 5.3% con
    12·1 answer
  • With respect to competitive advantages, many see __________ as the most important asset that an organization can possess, as it
    6·1 answer
  • Multiple Choice Question The following selected information pertains to Wilson Company. Current liabilities: $100; long-term lia
    8·1 answer
  • On November 15, Meier Company received $3,000 cash from a customer for services that were performed on November 1. According to
    10·1 answer
  • Haroldsen Corporation is considering a capital budgeting project that would require an initial investment of $350,000. The inves
    14·2 answers
  • What is the expected return on a portfolio comprised of $9,750 of Stock X and $4,520 of Stock Y if the economy enjoys a boom per
    15·1 answer
  • . You use the utility company’s budget plan for paying your home heating bills. You pay $75 per month for 9 months. Your actual
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!