GDP is the: national income minus all non-income charges against output. monetary value of all final goods and services produced within the borders of a nation in a particular year. monetary value of all economic resources used in producing a year's output. monetary value of all goods and services, final and intermediate, produced in a specific year.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “GDP is the: national income minus all non-income charges against output. monetary value of all final goods and services produced within the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Thirty-five percent of the students who enroll in a statistics course go to the statistics laboratory on a regular basis. Past data indicates that 40% of those students who use the lab on a regular basis make a grade of B or better.
Answers (1)
Identify the statement that accurately characterizes behavioral approaches to performance measurement. A. They link the company's goals to the specific behavior required to achieve those goals. B. They work well for complex jobs. C.
Answers (1)
When the price of a necessity increases, demand is likely to be - because consumers - that product to survive. However, when the price of a luxury good increases, consumers may - because the good is not crucial to survival.
Answers (1)
A futures contract on corn that matures exactly 6 months from now is trading at $3.32 per bushel. The spot price of corn is $3.20.
Answers (1)
The concept that motivation can be understood based on a hierarchy of human needs was first introduced by
Answers (1)
New Questions in Business
A $100 bond with semi-annual coupons, redeemable for $105 in 12 years, is purchased to yield 4% compounded semi-annually. If the amount for amortization of premium in the first coupon is $0.
Answers (2)
Wallace, who is single, had the following items for the current year: • Salary of $90,000. • Gain of $30,000 on the sale of § 1244 stock acquired two years earlier. • Loss of $75,000 on the sale of § 1244 stock acquired three years earlier.
Answers (1)
Suppose a farmer in Georgia begins to grow peaches. He uses $1,000,000 in savings to purchase land, he rents equipment for $70 comma 00070,000 a year, and he pays workers $120 comma 000120,000 in wages.
Answers (1)
In its Declaration of Secession, South Carolina uses the Declaration of Independence to establish: a) that South Carolina is an independent state, which is therefore free to secede from the Union if it so chooses b) that South Carolina is an
Answers (1)
Sheffield Company buys merchandise on account from Cheyenne Corp ... The selling price of the goods is $850, and the cost of the goods is $500. Both companies use perpetual inventory systems. Journalize the transaction on the books of both companies.
Answers (1)