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Alina [70]
3 years ago
7

Which of the following is considered a service in the calculation of gdp?

Business
1 answer:
Alik [6]3 years ago
7 0

Answer:

A)Tax preparation

Explanation:

Gross domestic product is the sum total of all goods and services produced by a country within a given period.

Goods are tangible products that are produced by the country and in this scenario includes photographs, reclining chairs, and photographs.

Services on the other hand are those intangible actions that produce value to the end user. An example of service is tax preparation.

If an individual requires his taxes to be prepared but does not have the skill to do it. They will hire someone to do it and pay for the service.

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How did the k-abc differ from the stanford-binet and wechsler tests?
Paraphin [41]
The K-ABC is different from the wechsler test and  stanford-binet because it was designed to measure several distinct aspects of intelligence. The K-ABC test is just designed to measure several distinct aspects of intelligence of human or students who are taking the test. So the answer in this question is, it was designed to measure several distinct aspects of intelligence.
3 0
3 years ago
The money supply is $6,000,000, currency held by the public is $2,000,000 and the reserve-deposits ratio is 0.25. Find deposits,
Elenna [48]

Answer:

Please find the detailed answer below.

Explanation:

PART 1:.

a. Deposit = money supply - currency held

$6,000,000 - $2,000,000

= $4,000,000

b. Bank reserve is reserve-deposit ratio x deposit

0.25 x $4,000,000

=$1,000,000

c. Monetary base = currency held + bank reserve

$2,000,000 + $1,000,000

=$3,000,000

d. Money multiplier= money supply/monetary base

$6,000,000/$3,000,000

=2

PART 2.

a. Bank reserve

$4,000,000 + $1,000,000

=$5,000,000

b. Money supply= currency held + bank deposit

Currency held= base - reserve

$10,000,000 - $5,000,000

= $5,000,000

Therefore money supply is

$5,000,000 + $20,000,000

=$25,000,000

c. Money multiplier= money supply/monetary base

$25,000,000/$10,000,000

=2.5

6 0
3 years ago
In most cases, markets are considered more efficent and better off when monopolies are broken up. Why is it hard for governments
Alexus [3.1K]

Answer:

In simple words, it is hard for governments to break he monopolies as generally as these entities are generally protected by some kind of legal or social convention. A monopoly of an entity that has strategic importance for the nation could be harmful in long run. Also if an individual owns a monopoly due to some patent right etc. then breaking that up will be seen as social injustice.

6 0
3 years ago
Finish the lyrics lol<br><br> "let it gooo, let it gooo_________________''
xxTIMURxx [149]

Answer:

XDD aint it like "can't hold it back anymore" XDD i think it is from frozen

Explanation:

^-^ have a nice day

5 0
3 years ago
Read 2 more answers
Pharoah Company sells merchandise on account for $3600 to with credit terms of 2/14, n/30. Blue Spruce Corp. returns $600 of mer
aleksandr82 [10.1K]

Answer:

The journal entry to record the merchandise return and the payment should be:

Dr Cash 2,940

Dr Sales discount 60

Dr  Sales returns and allowances 600

    Cr Accounts receivable 3,000

The second entry must be made to record the increase in inventory:

Dr Merchandise inventory 600

    Cr Sales returns and allowances 600

Explanation:

The sales returns and allowances account is used to record returned merchandise, while the sales discount account is used to record discounts for early payments or other types of sales discounts.

3 0
3 years ago
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