GDP measures the value of all the final products and services in terms of money. Option C) explains the behavior of GDP.
<h3 /><h3>What is GDP?</h3>
Gross domestic product (GDP) measures the value of all the final products and services in terms of money, produced by countries over a given time period usually a year.
The behavior of real GDP over time changes but follows a downward sloping trend line if a country is sustaining a healthy rate of growth.
Therefore option C) describe the behavior of GDP.
Learn more about GDP here:
brainly.com/question/15899184
<span>asset turnover ratio is the ratio of the value of a company's sales or revenues generated relative to the value of its assets. The Asset Turnover ratio can often be used as an indicator of the efficiency with which a company is deploying its assets in generating revenue.
Given that the sales is 60k and the value of the asset is 370k, the ratio is simply the sales / value of assets which is 60/(370-88).</span>
Answer:
Not 100% sure what the question is but this is a true statement :)
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Answer:
fair market value
Explanation:
The current estate tax (2020) only applies for estates worth over $11.58 million. For taxation purposes, estates are taxed at fair market value. E.g. Rudy bought a building 10 years ago at $10 million, but it is now worth $15 million, the current market value ($15 million) will be used to determine any applicable estate taxes.
