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diamong [38]
3 years ago
11

Suppose the total monetary value of all final goods and services produced in a particular country in 2010 is $500 billion and th

e total monetary value of final goods and services sold is $450 billion. We can conclude that:
Business
1 answer:
Nastasia [14]3 years ago
3 0

Answer:

) GDP in 2010 is $500 billion.

Explanation:

Here are the options to this question :

GDP in 2010 is $450 billion.

b) NDP in 2010 is $450 billion.

c) GDP in 2010 is $500 billion.

d) inventories in 2010 fell by $50 billion.

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

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4 0
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To adequately evaluate an investment​ center's financial​ performance, summary performance measures should include both the​ div
aleksklad [387]

Answer:

True

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6 0
3 years ago
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BigorU [14]
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8 0
3 years ago
Louie discovered that when he dropped the price of his paintings, more people were interested in buying. Louie is experiencing _
vampirchik [111]

Answer:

. the law of demand

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4 0
3 years ago
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Answer:

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3 0
3 years ago
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