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
diamong [38]
2 years ago
15

What is GDP? What is the current GDP of the United States? What is the current GDP of China? When do you think China will surpas

s the US in GDP or will they ever?
Business
1 answer:
elena55 [62]2 years ago
6 0

Answer:

1. The GDP is the total of all value added created in an economy. The value added means the value of goods and services that have been produced minus the value of the goods and services needed to produce them, the so called intermediate consumption.

2. 20.94 trillion USD (2020)

3. 14.72 trillion USD (2020)

You might be interested in
What is a "social cost" of production?
alexgriva [62]
Sum of all costs to individuals in society, regardless of whether the costs are borne by those who produce the products or consume the product
6 0
3 years ago
Ten years ago, Ginny inherited $50,000 from her grandmother. She decided to invest all of this money in GE stock. Suppose she de
leva [86]

Answer:

$14,500

Explanation:

The size of Ginny's taxable capital gain = $64,500 - $50,000 = $14,500

Note: Capital gains tax is a tax on the profit realized on the sale of a non-inventory asset.

8 0
4 years ago
obinson Company had a net deferred tax liability of $34,000 at the beginning of the year, representing a net taxable temporary d
ZanzabumX [31]

Answer:

Robinson's deferred income tax expense or benefit for the current year would be $6,700

Explanation:

The computation of the deferred income tax expense or benefit for the current year is shown below:

= Deferred tax expense - adjustment of tax based on the tax rate

where,

Deferred tax expense = (Favorable temporary differences - unfavorable temporary differences) × corporate tax rate

= ($50,000 - $20,000) × 21%

= $6,300

And, the adjustment of tax equals to

= Net taxable temporary difference × (Tax rate - corporate tax rate)

= $100,000 × (34% - 21%)

= $13,000

Now put these values to the above formula  

So, the value would equal to

= $6,300 - $13,000

= $6,700

6 0
3 years ago
What does market analysis include
ki77a [65]

Answer:

A market analysis is a quantitative and qualitative assessment of a market. It looks into the size of the market both in volume and in value, the various customer segments and buying patterns, the competition, and the economic environment in terms of barriers to entry and regulation.

Explanation:

8 0
3 years ago
1. Do you think evidence-based management seems like common sense? If so, why wasn’t it advocated earlier? 2. Are there circumst
Tom [10]

1. Evidence-based management seems like common sense initially, but the reality is not that simple. Managers are often hired based on their experience. Therefore, people tend to believe their word more than they would believe some types of concrete evidence. Moreover, even when evidence does not change, it can be interpreted in various ways by different people, making objectivity impossible.

2. Sometimes, evidence-based management might not be the best approach. This would especially be the case in situations where a manager might be very experienced. It might be better to trust the manager's interpretation of events as opposed to what the evidence might suggest.

3. It is unlikely that automated evidence-based management could ever fully replace human decision-makers. This is because automated managers might not be sensitive enough to human matters that are important for a correct interpretation of evidence.

4. I would want to work under this system, as ultimately the system is most likely to lead to efficient outcomes. Moreover, under this system, all workers are treated in the same way.

5 0
3 years ago
Other questions:
  • Because all work ultimately entails some human interaction, effort, or involvement, Bossidy and Charan believe that focusing on
    15·1 answer
  • Don (67) and Carol (66) are married and file a joint return. Their gross income (including 1/2 of their social security) for 201
    6·1 answer
  • A broker enters into an Exclusive Right-to-Buy contract with a purchaser. The purchaser finds a satisfactory property and makes
    14·1 answer
  • Explain just in time(JIT) approach?
    6·1 answer
  • Which loan type requires you to make loan payments while you’re attending school?
    15·1 answer
  • A customers calls her broker to discuss her account. The broker recommends that the customer buy 500 shares of DEF stock. The cu
    8·1 answer
  • How will you save money by buying a franchise?
    13·1 answer
  • Amount 11,000 17 Number of units sold Selling price per unit Variable selling expense per unit Variable administrative expense p
    12·1 answer
  • Assuming a 360-day year, proceeds of $48,750 were received from discounting a $50,000, 90-day note at a bank. The discount rate
    14·1 answer
  • why it is so difficult to compare unemployment rates in the United States with unemployment rates in poorer countries?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!