Answer:
D- income statement accounts are temporary accounts and do not retain their balances from one period to the next.
Explanation:
quizlet
Answer:
The value produced by doing your own laundry
The costs of overfishing and other overly intensive uses of resources
The leisure time enjoyed by households
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP calculated using the income approach sums up all the income earned by factors of production.
GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government Spending + Net Export
Government spending on building is measured in the calculation of GDP as part of government spending.
Services rendered to ones self is not included in the calculation of GDP. So, the value produced by doing your own laundry is not included in GDP.
The effects of externality and pollution aren't included in the calculation luation of GDP. So, the costs of overfishing and other overly intensive uses of resources.
Enjoyment isn't added in the calculation of GDP.
Other items and activties not included in the calculation of GDP include:
A. Illegal activities
B. Transfer payment by government
C. Intermediate goods
I hope my answer helps you
In putting in so much effort to find out about his competition and the products they offer, Dakari is most likely a. evaluating opportunities
There are several ways to learn about new opportunities in the market and some of them include:
- Finding out what your customers want
- Finding out what the trends your industry is moving towards
- Finding out what your competitors are up to
Your competitors will constantly be trying to make better products in order to capture more market share. You can therefore look at what they are doing to find out what new thing you can be doing.
This is what Mr. Dakari is doing so we can conclude that he is evaluating opportunities.
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Answer: See explanation
Explanation:
Contraction: Contraction, is a phase of the business cycle that simply occurs gene there's decline in the economy. At this phase, the demand for goods and services reduces and there's decline in growth.
Business cycle: The business cycle shows the movement of the GDP which can either be upward or downward. It shows how the economy's doing.
Trough: The trough is a phase in the business cycle whereby the gross domestic product for a particular economy has stopped reducing and the economy has started to rise.
Disposable income: This is the income that is left with an individual after personal income tax has been removed from the personal income of such individual.
Net domestic product: Net domestic product is when depreciation is subtracted from the gross domestic product.