Gross domestic product is calculated by summing up
a. the total quantity of goods and service...
Business, 26.12.2019 03:31 adrianawalker16
Gross domestic product is calculated by summing up
a. the total quantity of goods and services in the economy.
b. the total quantity of goods and services produced in the economy during a period of time.
c. the total market value of goods and services in the economy.
d. the total market value of final goods and services produced in the economy during a period of time.
Answers: 1
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Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f
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University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.
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Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.
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Business, 22.06.2019 22:30
When the price is the equilibrium price, we would expect there to be a causing the market to put pressure on the price until it went back to the equilibrium price. a. above; surplus; upward b. above; shortage; downward c. below; surplus; upward d. below; shortage; downward e. above; surplus; downward?
Answers: 2
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