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
A savings account is useful for all of the following purposes EXCEPT…
Dimas [21]

Answer:

The correct answer is letter "A": Putting aside money for retirement.

Explanation:

Savings accounts are those where individuals' can deposit money to profit from the annual interest banks and financial institutions provide. Retirement accounts, on the other hand, are those funded with money discounted from employees' paychecks and do not allow withdrawals unless there is a major qualifying event -<em>if the type of retirement account allows it</em>.

8 0
3 years ago
Read 2 more answers
Susan had to go buy school supplies. While she was out, she decided to buy some new items for her bedroom as well. her credit li
Vsevolod [243]

Answer: Over the limit fee

Explanation: This is because since she did not pay the 75 dollars the previous month it rolls over to this month in which she has already spent 180 dollars and her limit is 200 dollars so adding 75 to that 180 dollars would be over the limit, so she would have to pay a fee.

4 0
2 years ago
Clear Waters Snorkeling Equipment Company has had major losses for the last few years. U.S. Representative Snow has introduced a
Maslowich

Answer:

C. II only

Explanation:

8 0
3 years ago
If a company has advance ticket sales totaling $2,000,000 for the upcoming football season, the receipt of cash would be journal
Paraphin [41]

Answer:

(C) Debit Cash, credit Unearned Revenue.

Explanation:

The journal entry is shown below:

Cash A/c Dr $2,000,000

   To Unearned revenue A/c $2,000,000

(Being the receipt of cash is recorded)

Since the cash is received so we debited the cash account as it increases the current assets and credited the unearned revenue account as it is a current liability account so the same is to be credited

3 0
3 years ago
Income taxes are taxes that are paid on any financial gain. Purchased goods. Homes, land, or property. Special goods and activit
serious [3.7K]

Income taxes are those taxes that are paid on any financial gain.

Income taxes are a progressive type of tax system. Them are taxes that are paid on all forms of income.

This type of tax , taxes those that have more income that those that have lower income.

The government uses the income tax to fund several public services and also use it for the provision of goods to the citizens in the country.

Read more on brainly.com/question/8739827?referrer=searchResults

5 0
3 years ago
Other questions:
  • The contrast error is committed when the rates rate people:
    12·1 answer
  • IP Company has a preliminary cash balance of $25,000 and an agreement with the bank that it will keep a minimum balance of $20,0
    6·1 answer
  • On May 27, Buzz Off Inc. reacquired 5,500 shares of its common stock at $23 per share. On August 3, Buzz Off sold 3,200 of the r
    6·1 answer
  • Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives.
    7·1 answer
  • What types of serches and seizures are protected against under the fourth amendment to the u.S. Constitution
    11·2 answers
  • Explain the difference between primary and secondary industries ​
    15·1 answer
  • A sudden increase in inflation, ceteris paribus, a. Raises the real income of lenders relative to borrowers. b. Raises the CPI a
    7·1 answer
  • How much will a company's net operating income change if it undertakes an advertising campaign given the following data: Cost of
    9·1 answer
  • Why were consumer protection laws created
    8·1 answer
  • This week you’re learning some of the characteristics that will help you practice your relationship building skill (trust, mutua
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!