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4 years ago

7

Explain why intermediate goods and services usually are not included directly in gdp. are there any circumstances under which th

ey would be included directly?

1 answer:

sashaice [31]4 years ago

3 0

GDP include the value of final goods , to avoid double counting intermediate goods are not included in GDP

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Fill in the blanks with the word(s) from the drop-down list that would best complete the passage. Free trade has not produced al

iragen [17]

Answer:

Lowered, improved, increased, choice

Explanation:

Free trade has not produced all of the economic impacts that were originally predicted. At the same time, it is known that global shifts in production and trade have generally lowered consumer cost, improved company profits, and increased product choice.

3 0

3 years ago

What is the key difference between the Consumer Price Index (CPI) and the GDP deflator? A. The GDP deflator includes imports,

stellarik [79]

Answer:

<h2>The correct answer in this case is option D. or The two indexes measure price changes for different "baskets" of products.</h2>

Explanation:

Both GDP deflator and Consumer Price Index(CPI) measure the variation or fluctuation in the price level of goods and services in the economy.GDP deflator is measured based on the variable baskets of goods and services produced by any country or economy.In other words,GDP deflator is estimated based on the costs or market value of a specific basket of goods and services produced by the country or economy which is compared with the cost or market value of the same set of goods and service in any previous base year.Under GDP deflator,this basket of goods and services varies periodically.CPI also uses the same concept but the specific basket of goods and services used to calculate CPI is fixed and does not vary over time or periodically,unlike GDP deflator.

7 0

3 years ago

Help me figure out some ideas for a dream vacation

iren2701 [21]

Answer:

country: France

Location: Europe

Resturant: Boutary

Hotel: Holiday inn

Attractions: Eiffel Tower, The Cathedral, Musee du lourve

Reason: Beutriful and popular place with good food

Transportation: Plane, Boat

Weather: Clear skys warm summer

Cultural: Speak french, pay in Euros, normal clothes and food

Additional facts: Paris is the capital of France, You ca go to the Top of the eiffel tower, The tower lights up at night.

Enjoy: :)

Explanation: Enjoy

3 0

3 years ago

Read 2 more answers

12. One of the benefits of developing a business plan for a new start-up is:

wlad13 [49]

Answer:

it assists in organising the resources needed for the new business

Explanation:

A business plan details the mission and objectives of an entity. It explains the nature of business the entity will engage in, the target market, the resources it requires, and the projected revenues and expenses.

A business plan is useful when soliciting resources. Although a business plan does not guarantee a hundred percent financing, It shows how much resources will be required and how they shall be used. This helps the founders to know what is required at what stage and make the necessary arrangements.

5 0

3 years ago

Mills Corporation acquired as a long-term investment $290 million of 8% bonds, dated July 1, on July 1, 2021. Company management

kow [346]

Answer:

Journal Entries are given below

Explanation:

Mills Corporation-journal Entries

Date Particulars Debit (In Miln) Credit (in Mln)

01-Jul-21 Bond Investment $290.00

Investment premium $50.00

Cash $340.00

Investment recorded

31-Dec-21 Cash ($290 * 8% * 6/12) $11.60

Premium bond investment $1.40

Interest revenue ($340*6%*6/12) $10.20

Revenue recognized for bond interest and amortization of discount.

31-Dec-21 Unrealized holding gain or loss $8.60

Fair value adjustment ($340 - $330 - $1.40) $8.60

investment recorded at fair value.

02-Jan-19 Fair value adjustment Dr $8.60

Reclassification adjustment - $8.60

Fair value adjustment at the time of sale

02-Jan-19 Cash $290.00

Loss on sale of investment $48.60

bond investment premium $48.60

Investment in Bond $290.00

Sale of investment.

3 0

3 years ago