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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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Griffin goat far inc has sales of 666000, depreciation expense of 72000, interest expense of 46000, nad a tax rate of 24 percent

Helen [10]

In a condition where Griffin Goat Far Inc., has sales of 666000, depreciation expense of 72000, interest expense of 46000, and a tax rate of 24 percent, the net income of this firm will be $416,480.

<h3>What is the significance of net income?</h3>

The net income can be referred to or considered as the surplus difference between the gross income and the expenses plus taxes of an organization for a given period.

Using the given information, it can be interpreted that,

Net Income = 666,000 – (72,000 + 46,000) – 24%

Net Income = 666,000 – 118,000 – 24%

Net Income = 548,000 – 24%

Net Income = $416,480

Therefore, the significance regarding the net income has been aforementioned.

Learn more about net income here:

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1 year ago

Rohit, an Indian, is a marketing executive in an American company. He graduated from a top Ivy League university in the United S

Bogdan [553]

Answer: <u><em>The company prefers to have white Americans at top positions</em></u>, is most likely the reason why Rohit was not promoted.

In this particular case, Rohit a marketing executive who has graduated from a top Ivy League university in the United States and has been known for his outstanding performance, positive attitude, and innovative ideas yet somehow Ryan, a white male with lesser experience and average performance, is promoted to the position of marketing manager.

This states that there is discrimination in this organization and they tend to hire white people over people of color.

<em><u>Therefore, the correct option is (b). </u></em>

3 0

3 years ago

Which statement(s) is (are) TRUE? I. Technological knowledge refers to the physical capital that is used to make goods and servi

uranmaximum [27]

Answer:

Option 2 is only correct.

Explanation:

The reason is that the physical capital is the physical assets used for production of goods and services whereas the Technological knowledge refers to the knowledge of increasing the productivity by utilizing physical capital. So these two statements were incorrect.

The second statement is correct because the better tools or technology we have the better we can produce. This means these technological tools helps workers to produce more so the statement is correct.

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3 years ago

Which is the best answer

Ipatiy [6.2K]

The answer would be between A and D.

3 0

2 years ago

What type of conflict management style does Doug have?

stiv31 [10]

Answer:

competing

Explanation:

because his cooperativeness is low and his assertiveness is high.

8 0

3 years ago