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3 years ago

true or false. GDP measures total expenditures on final goods and services during a given period of time

Business

1 answer:

Andreas93 [3]3 years ago

7 0

True.

Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a period of time, often annually GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore using a basis of GDP per capita at purchasing power parity (PPP) is arguably more useful when comparing differences in living standards between nations.

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2. Complete the table below by identifying the costs of retirement, including living expenses (the sum of rent/mortgage, utiliti

earnstyle [38]

Answer:

Estimated monthly total is: 24,974

Explanation:

Living expenses- $5,378

Healthcare expenses-$9,596

long-term care expenses- $10,000

Estimated monthly total is 24,974

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2 years ago

describe the efforts that local governments should make to increase local revenue from the tax sector!

Talja [164]

Answer:

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3 years ago

You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose truck for $25

JulijaS [17]

Answer:

Please find the complete solution in the attachment file.

Explanation:

Please find the attachment table for the 3 years of cash flow:

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3 years ago

If total revenue goes up when the price falls, demand is said to: be price unit-elastic. have positive price elasticity. be pric

Sholpan [36]

The answer to this item is letter <em>C. PRICE ELASTIC. </em>

The price elastic demand as stated in this given corresponds to the increase or rise in the total revenue when the price is brought down or decreased. This is indicated by the PED (price elasticity of demand).

The total revenue is calculated by multiplying the total items, good, or services sold by the unit price. For the demand which is price elastic, the decrease in the price will cause a higher raise in the number of customer vying for the products and services.

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3 years ago

Given the list of accounts below, identify which of them would appear on a balance sheet. (Check all that apply.)

aksik [14]

Answer:

(A) Accounts Payable - Liabilities

(D) Equipment - Assets

(E) Supplies - Assets

(F) Retained earning - Owner's Equity

(H) Cash - Assets

Explanation:

The major categories in a balance sheets are: Assets, Liabilities and Owner's Equity,

Assets are many things (as equipment, machinery, Receivables, etc) that belongs to the company, please see details in the answer.

Liabilities represent the obligations of the company with all kind of creditors.

And finally Owner's Equity it's the Capital that support part of the Assets along with the Liabilites.

4 0

2 years ago