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Furkat [3]
3 years ago
13

What is GDP of a country

Business
1 answer:
Arlecino [84]3 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.

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Lowest amount of interest would be annual compounding.
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In 2012, hurricane sandy caused massive destruction to the northeast united states. tens of thousands of people lost their homes
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In this case, the economy had been suffering from a recession leading to lower output, aggregate demand and real GDP. The government can boost the economy by engaging in expansionary fiscal policy.

Government can implement expansionary fiscal policy by increasing government spending on goods and services, which will directly increase aggregate demand, thus boosting income and real GDP. Alternatively the government can lower tax rate. When individual tax rate falls, personal disposable income rises, increasing consumption demand and aggregate demand. When business tax rate falls, corporate net profits rise, which encourages firms to invest more in expanding their output. Higher investment by corporate firms increase aggregate demand.

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3 years ago
What factor reflects the 'cost of money'?
abruzzese [7]

Answer:

Production opportunities, time preferences for consumption, risk, inflation. Explanation: The cost of money is the interest rate that lenders charge borrowers, and is determined by the supply and demand of funds.

5 0
3 years ago
Prepare the journal entry to record autumn company’s issuance of 63,000 shares of no-par value common stock assuming the shares:
mojhsa [17]

The entry for this transaction would be this: 

Land                                1,827,000 

Ordinary shares                       1,827,000 

# 

<span>The market value of the shares on </span>this transaction<span> does not affect the recording of this transaction. If the share has no par value, the stated value should be used. Stated value is a value assigned by the company to its stock for the purpose of accounting and it does not have any relation with the market value of the shares. Since stated value is not given in this problem, we should record the entire amount of the land exchanged in this transaction to the "Ordinary shares" account.</span>

7 0
3 years ago
Alvin Hughes has selected a selling technique in which he has more control over the amount of the conversation between buyer and
trasher [3.6K]

Answer:

The sales presentation technique which Hughes is using is Memorized.

Explanation:

Here, it is given that Hughes has selected  a technique in which he has a control over the conversation between the buyer and seller.

So, this type of sales presentation is known as memorized sales presentation.

Sales presentation are of different types:

  • Webinars
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Sales conversation: This term is commonly used inside sales.

      It is also referred as call conversation between two or more people in an organisation.

Memorized sales presentation: In this type of sales presentation we can approach to our customers by memorizing all of the terms we have to speak about our product to the customers.

It is also known as problem-solution selling.

6 0
3 years ago
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