1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Furkat [3]
2 years ago
13

What is GDP of a country

Business
1 answer:
Arlecino [84]2 years ago
6 0

Answer:

Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Explanation:

GDP is an acronym for Gross Domestic Products (GDP) and it can be defined as a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

On a related note, Gross Domestic Products (GDP) is a measure of the production levels of any nation.

Basically, the four (4) major expenditure categories of GDP are;

I. Consumption (C).

II. Investment (I).

III. Government purchases (G).

IV. Net exports (N).

In conclusion, GDP is a measure of the total amount of finished goods and services produced by a country.

You might be interested in
Ben attended a workshop hosted by SCORE, a SBA organization that counsels small-business owners on developing a good vision stat
Zielflug [23.3K]

Answer:

what the company wants to become, and its long-term direction and strategic intent

Explanation:

Vision statement is a long term road map of the direction a business needs to take in order to achieve its set goals and objectives. It usually undergoes little revision.

However the short term operational processes are constantly reviewed to make the business better align with long term goals as stated in the vision statement.

In this scenario where the vision statement of small businesses are being formulated the speakers will discuss what the company wants to become, and its long-term direction and strategic intent

8 0
3 years ago
Under former CEO Kalanick, when Uber entered into a new market, it often disregarded local laws and allowed its drivers to begin
qaws [65]

Answer:

  Is the proposed action legal?

Explanation:

The very first step in the decision tree (below) was ignored. Disregarding local laws is ignoring the question of legality.

8 0
3 years ago
Which of the following statements about marketing is true? Multiple Choice A marketing exchange focuses on making a single trans
klemol [59]

Answer:

Marketing only occurs when two or more parties are willing to exchange one thing for another thing.

Explanation:

It is understood that marketing only occurs when two or more parties are willing to exchange one thing for another thing.

5 0
2 years ago
Dave is a salaried employee who works in a gas station. He only earns from his job and has no other source of income. He gets a
tigry1 [53]

Answer:

In my opinion the most suitable answer is E. increase his sources of income to show a rise in his income after taxes

Explanation:

The reason is he could lower his expenses too, but for how long? Inflation is going to eat his salary away anyway possibly in 5 to 10 years so what Daventry ustock do is to create another source of income so that he is safe. Possibly through investing in income generating assets, real estate and possibly a side hustle! (A small time business)

5 0
3 years ago
In 2019, Carson is claimed as a dependent on his parents' tax return. Carson's parents provided most of his support. What is Car
lana [24]

The tax laibility as calculated is $1036.

<u>Explanation:</u>

a.)  Carson earnings  $14000

Less: the Standard deduction  $12000

Taxable income  $2000  

Tax liability  $200

b.)  Carson earnings  $14000

Qualified dividend income  $5000

Gross income  $19000

less: Standard deduction  $12000

Taxable income  $7000

Taxable income taxed at carson rate  $2000

($7000 minus $5000)  

           Ordinary Tax  $200

Kiddie Tax is calculated as follows:  

Gross unearned income  

unearned income                             $5000

Kiddie tax up to 2600                          $260

Kiddie tax for over and above 2600  $576

                                                                     $836  

Total tax liability ($200 plus $836)           $1036

 

7 0
3 years ago
Other questions:
  • Gomez runs a small pottery firm. He hires one helper at $12,000 per year, pays annual rent of $5,000 for his shop, and spends $2
    15·1 answer
  • Were taxes are recorded on the income and expense statement ​
    12·1 answer
  • Juanita is deciding whether to buy a suit that she wants, as well as where to buy it. Three stores carry the same suit, but it i
    13·1 answer
  • Using a combination approach of your own words and research to define a project. What are five characteristics which help differ
    13·1 answer
  • Credit granted by retailers to consumers who purchase for personal or family use is referred to as answer
    11·1 answer
  • David borrows $230,000 to buy a house. The mortgage rate is 4.5 percent and the loan period is 25 years. Payments are made month
    6·1 answer
  • You're prepared to make monthly payments of $390, beginning at the end of this month, into an account that pays 7 percent intere
    6·1 answer
  • Canyon River, Inc. is looking for an individual who has a broad range of interests and is imaginative, creative, artistically se
    13·1 answer
  • Exotech Computers manufactures computer components such as chips, circuit boards, motherboards, keyboards, LCD panels, and the l
    6·1 answer
  • Allocating common fixed expenses to business segments: Multiple Choice may cause managers to erroneously keep business segments
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!