Answer:
True
Explanation:
Gross Domestic Product (GDP) can be described as the monetary value of commodities produced within a country over a specified period of time.
For an economy as a whole, income must equal expenditure because there must a buyer and a seller for every transactions.
GDP is therefore a measures total expenditures on goods and services produced within a country, and the total income everyone got from the production of these goods and services.
Answer:
Fixed costs that can be avoided by discontinuing the line.
Explanation:
Avoidable costs are those costs which can be eliminated by closing or rejecting a decision under evaluation. These costs are mostly variable coasts which vary with the change in activities. More activity more cost, less activity less cost and no activity no cost.
So fixed costs that can be avoidable by discontinuing the project is the only irrelevant cost between the given options.
Answer:
Taxes can be either direct or indirect. A direct tax is one that the taxpayer pays directly to the government. These taxes cannot be shifted to any other person or group. An indirect tax is one that can be passed on-or shifted-to another person or group by the person or business that owes it.
Explanation:
Answer:
d) higher than the market rate of interest
Explanation:
Hope this helps you :)
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