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3 years ago

Value of all goods made within a county

Business

2 answers:

IgorLugansk [536]3 years ago

3 0

Answer:

GDP can be measured by adding either consumption and investment, the value of final goods or total income

Explanation:

True [87]3 years ago

3 0

Explanation:

Gross Domestic Product, or GDP, is the sum total of all the goods and services produced within a country. It's used to compare economic performance between countries. GDP can be measured by adding either consumption and investment, the value of final goods or total income.

Types of Gross Domestic Product (GDP)

Real Gross Domestic Product. Real GDP is the GDP after inflation has been taken into account.

Nominal Gross Domestic Product. Nominal GDP is the GDP at current prices (i.e. with inflation).

Gross National Product (GNP) ...

Net Gross Domestic Product.

GDP DEFINITION. Gross Domestic Product (GDP) measures the total market value of all final goods and services produced within a country in one year.

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Home produces two goods: computers and wheat. Capital is specific to computers, land is specific to wheat, and labor is mobile b

kaheart [24]

Answer:

The appropriate answer is "capital intensive, land intensive".

Explanation:

Throughout Home than anything in Abroad, the whole no-trade income of farmers would be significantly greater, even though Home has fewer land assets than International. Throughout Home, then it does in International, the whole no-trade rate of electronics would be smaller, as Home does have more capital resources than International.
If the market is established, the comparative commodity price throughout the home will be decreased through trade as well as rise throughout foreign trade. If an exchange is expanded, the capital demand would rise at home as well as the rent overland throughout foreign countries will rise.

This will take effect even though the international availability of land will increase but instead international demand for resources will keep increasing.

7 0

4 years ago

In a monopoly:_________.

MaRussiya [10]

Answer:

Explanation: This answer makes the most sense to me

5 0

3 years ago

At the beginning of the current period, Marin Corp. had balances in Accounts Receivable of $195,100 and in Allowance for Doubtfu

melamori03 [73]

Answer:

The journal entries are as follows:

(a) (i) Sales A/c Dr. $745,500

To Accounts receivable A/c $745,500

(To record the sales)

(ii) Cash A/c Dr. $835,120

To Accounts receivable A/c $835,120

(To record the collections)

(b) Allowance for doubtful accounts A/c Dr. $7,831

To Accounts receivable A/c $7,831

(To record the write-off of uncollectible accounts during the period)

To Allowance for doubtful accounts A/c $3,184

(To record the recovery of the uncollectible account)

Cash A/c Dr. $3,184

To Accounts receivable A/c $3,184

(To record the recovery)

(d) Bad debts expense A/c Dr. $19,397

To Allowance for doubtful accounts $19,397

(To record the bad debt expense for the period)

Workings:

Bad debts expense:

= $24,100 - (9,350 - 7,831 + 3,184)

= $19,397

7 0

4 years ago

Maurio inc., a publishing house, wants to invest in digital publishing. however, the company does not possess enough capital to

icang [17]

Answer:

A) Factoring

Explanation:

Factoring: This is a short term financial option which refers to financial transactions between a business firm and a financial institution. It is the selling of debt by a business firm at a discounted price to a financial institution.

Maurio inc. is involved in factoring by selling its accounts of credits to restube which is i financing firm at a discount in order to have enough capital to invest in digital publishing.

Factoring is the relationship between the financial institution and the business firm in which the fimancial institution purchases the business firms credit and pay about 80% to 90% immediately and pay the balance at a later date.

There are different types of factoring;

1) Domestic and export factoring

2) Recourse and non-recourse factoring

3) Advance and maturity factoring

4) Disclosed and undisclosed factoring

5 0

3 years ago

Read 2 more answers

A jeweler can potentially use two inputs in her handcrafted jewelry: copper or bronze. She finds that when she minimizes her cos

True [87]

Answer:

The isoquants will be straight parallel lines.

Explanation:

In the given secanrio copper or bronze may be used to produce jewellery. The utility derived from use of either one is the same. They are perfectly interchangeable. Therefore copper and bronze are perfect substitutes.

The isoquant curve shows all combinations of input that can be used to produce units of output.

For goods that have perfect substitution the isoquants are straight lines that are parallel to each other. The marginal rate of technical substitution is 1, and isoquant have slope angle of 45° with each axis.

Find attached an illustration of this. So copper is a perfect substitute for bronze.

6 0

3 years ago

Value of all goods made within a county​

Value of all goods made within a county