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fenix001 [56]
2 years ago
14

Which of the following factors are considered when calculating GDP? I. Goods produced within a country by citizens of that count

ry II. Goods produced within a country by residents who are not citizens III. Goods produced within a country for use in production of other goods IV. Goods produced by a country’s citizens outside of its borders a. II and III b. I only c. I and II d. I, II, III, and IV.
Business
1 answer:
Alchen [17]2 years ago
5 0

GDP refers to the total value of goods and services produced by resident and non-resident during a year in a country.

<h3>What is GDP?</h3>

Gross Domestic Product refer to the gross value (in terms of money) of finished goods and services produced in a country within a year by resident and non-resident in domestic territory of the country.

The above option I and II describes the factors considered for calculation of GDP, i.e. Goods produced  by citizens as well as non-resident within a country.

Therefore, option c aptly describes the factors considered for calculating GDP.

Learn more about GDP here:

brainly.com/question/4131508

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Octavio wants to compare the gross national product for six different countries for the year 2016. the best way for him to displ
Ierofanga [76]

<span>If Octavio wants to compare the gross national product for six different countries for the year 2016,  he can best show his information by combination charts.</span><span> For example, you can combine a line chart or a bar chart that shows the gross national product (GNP) range with a column chart that shows GNP per country. The two variables are set as Y and X axis respectively.</span>

6 0
3 years ago
An employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day. True or false?.
padilas [110]

It is true that an employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day.

A time ticket is used to track the hours for which an employee will be paid in the upcoming payroll. Employees' time tickets are reviewed and approved by a supervisor at the closing of each pay period. After which the payroll team use them to calculate the hours worked by an employee. This serves as a basis for calculating gross pay.

When an employee clocks in or out, they generally put a time ticket into a time clock that are printed in an oblong, thick paper shape. Usually time tickets are physical cards that are stamped with beginning and ending times of employees work days. The payroll accountant or bookkeeper creates time tickets after the pay month has ended.

To learn more about employee time ticket here

brainly.com/question/14338603

#SPJ4

7 0
2 years ago
Who's better?<br> Chris Brown or Lil Tjay?
TEA [102]

Answer:

Lil Tjay and the song F.N or Mood Swings

Explanation:

8 0
3 years ago
Radar Company sells bikes for $480 each. The company currently sells 4,000 bikes per year and could make as many as 4,370 bikes
Hatshy [7]

Answer:

$65,000

Explanation:

The total cost of the additional order will be $46,000 of fixed costs and an additional $160 of variable costs for each of the 370 bikes. The additional production cost is:

C=\$46,000+370*\$160\\C=\$105,200

If each bike is going to be sold for $460, then the additional income (excluding taxes) from accepting this order is:

I=(price*units)-cost\\I=(\$460*370)-\$105,200\\I=\$65,000

Radar's additional income is $65,000.

6 0
3 years ago
Trade credit and discounts are important strategies used by firms in the daily operations of their business. Calculate the cost
Olegator [25]

Answer:

When a discount is given as 2/12, Net 32, it means that the customer is allowed a 2% discount if they pay off their purchase in 12 days. If they don't, they would have to pay off the full amount in 32 days.

The Cost of a firm's credit is calculated by the formula:

= Discount %/ ( 100% - Discount %) * (360/Allowed payment days - Discount days)

a. 2 / 12, Net 32

= (2%/ (100 - 2% )) * (360 / (32 - 12))

= 36.73%

b) 3/15, Net 36

= (3%/ (100 - 3% )) * (360 / (36 - 15))

= 53.02%

c) 2.5/18, Net 35

= (2.5%/ (100 - 2.5% )) * (360 / (35 - 18))

= 54.30%

d) 2.25/20, Net 38

= (2.25%/ (100 - 2.25% )) * (360 / (38 - 20))

= 46.04%

5 0
3 years ago
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