Answer:
C) $57,000
Explanation:
The gross domestic product is the total production of final and legal goods and services in an economy.
total production of final goods = (20 couches x $2,600 per couch) + (5 leather sets x $1,000 per set) = $52,000 + $5,000 = $57,000
the leather sets are considered final products since they are part of the ending inventory of Cowhide, Inc.
Answer:
real GDP.
Explanation:
GDP is defined as the monetary value of all goods and services produced in an economy within a give time period. It is a measure of how productive an economy is.
Real GDP considers market prices of commodities in relation to a base year.
For example if 2012 is considered to be the base year for real GDP this year, all goods and services are multiplied by the prices as at 2012 to get the monetary value of goods and services for the present year.
Base year prices are referred to as constant prices when calculating real GDP.
The answer & explanation for this question is given in the attachment below.
Answer:
A) Broker
Explanation:
she is a Broker if she recieves compensation directly from either buyers or seller.
moreover, she conducts brokerage activities.
hope it helps .
Answer:
10.29%
Explanation:
Rule of 72 can be defined as a metric used to determine the time it will take to double an investment based on its growth rate.
To find the interest rate Kari must receive for her investment to double in 7 years, we would use the Rule of 72;
Rule of 72 = 72/7
Rule of 72 = 10.29%
Therefore, Kari must receive an interest rate of 10.29% for her investment to double in 7 years.
