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lina2011 [118]
3 years ago
7

One problem with using market values to measure GDP is that A. some useful goods and services are not sold in markets. B. you ca

nnot compare completely heterogeneous goods by using their dollar values. C. prices for some goods change every year. D. market values of exported goods are usually priced in foreign currencies.
Business
1 answer:
Elanso [62]3 years ago
7 0

Answer:

C. prices for some goods change every year.

Explanation:

The reason why the real GDP (GDP adjusted to inflation) is a much better economic index than nominal GDP is that prices change over time, even if the quantities produced do not. It is actually possible for nominal GDP to increase even if total production output decreases due solely to high inflation rates.

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You are a member of a team of eight individuals from the same department who meet for a few hours each week to discuss ways of i
Mumz [18]

Answer:

True

Explanation:

A team of eight individuals from the same department who meet for a few hours each week to discuss ways of improving quality, efficiency, and the work environment are most likely a self-managed work team.

A self-managed work team is a self-organized, semi-autonomous <u>small group of employees whose members determine, plan, and manage their day-to-day activities and duties under reduced or no supervision.</u>

A self-managed work team can also be referred to as a self directed team or self-managed natural work team.

5 0
3 years ago
Read 2 more answers
___ refer to the important factors that policy analysts will use to assess the proposed policy alternatives. They are also used
mr_godi [17]

Answer:

2. Evaluative criteria.

Explanation:

Evaluative criteria is the process by which choices are made between different alternatives on the basis of defined criteria. For example a policy analyst may decide to only select policies that allow for employee involvement in decision making of a company's processes.

Comparism are made between available alternatives and the best option that meets the criteria most closely is chosen.

Evaluative criteria is also used to analyse impact of the policy after implementation, and if the objective is not being met change of policy is considered.

4 0
3 years ago
Assume you are the president of Nuclear Company. At the end of the first year of operations (December 31), the following financi
Mademuasel [1]

Answer:

Ending retained earnings is     $ 16,370.00  

Explanation:

Before preparing the statement of retained earnings for the year ended December 31, the net income for the current year needs to be ascertained.

net income=sales revenue-operating expenses-other expenses

net income=$87,300-$61,700-$9000=$ 16,600.00  

Statement of Retained earnings for the year ended 31 December:

Beginning retained earnings     $0

net income                                  $16,600

dividends                                    ($230)

ending retained earnings         $ 16,370.00  

   

3 0
3 years ago
The valuation allowance account that is used in conjunction with deferred taxes relates: Multiple Choice Only to income taxes re
Snowcat [4.5K]

Answer:

The correct answer is D

Explanation:

Valuation allowance is the contra- account to the account of deferred tax asset and it shows the deferred tax asset amount with 50% probability (which is more than that) of not being used in future because the non- availability of future taxable income.

And the valuation allowance account in relation to the deferred tax relate only to deferred tax assets as it is an accounting term on the balance sheet of the firm which is used to state that firm has overpaid on taxes and some form of tax relief is due.

4 0
4 years ago
Outdoor Experiences, Inc. sells a tent that collapses down into a roll that is as big as a roll of toilet paper. The tent can be
Margarita [4]

Answer:

The answer is: Growth stage

Explanation:

A product´s life cycle is usually divided into four stages:

  1. introduction: the product enters the market, usually a substantial investment on marketing is needed
  2. growth: if the product "survived" and started to sell then actions are necessary to make its demand and production grow. Usually a lot of spending in advertising is required at this stage.
  3. maturity: Costs of marketing and production decline while the sales levels reach a maximum level.
  4. decline: product´s sales and market share start to decline

The collapsible tent would be entering stage two of the product cycle.

4 0
3 years ago
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