What is one way that gross domestic product differs from gross national product? a. GDP does not account for depreciation and GNP doesb. GDP includes the pre-tax income paid to US households and GNP does notc. GDP does not include income earned outside the US by US firms and citizens and GNP doesd. GDP does not include the value of capital equipment and GNP does
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is one way that gross domestic product differs from gross national product? a. GDP does not account for depreciation and GNP doesb. ...” 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
Within the relevant range, variable costs can be expected to: a. increase on a per unit basis as the activity level decreases. b. remain constant in total as the activity level changes. c.
Answers (1)
What is markerting management
Answers (1)
Zinc Corp. purchases a truck at the beginning of Year 1 at a cost of $16,500. The truck is estimated to have a useful life of 6 years and a trade-in value of $1,500. Assuming that Zinc Corp.
Answers (1)
Lacy's Linen Mart uses the average cost retail method to estimate inventories. Data for the first six months of 2016 include: beginning inventory at cost and retail were $60,000 and $120,000, net purchases at cost and retail were $312,000 and
Answers (1)
A process cost accounting system is most appropriate when a. individual products are custom made to the specification of customers. b. similar products are mass-produced. c.
Answers (1)
New Questions in Business
Cindy is concerned because during the past four months her company has experienced difficulty in paying its bills on time. She knows if this continues, the firm will have difficulties in accomplishing its goals. Cindy is concerned with:A.
Answers (1)
Vang Corp.'s stock price at the end of last year was $38 and its earnings per share for the year were $2.30. What was its P/E ratio? Select the correct answer. a. 16.52 b. 16.82 c. 15.92 d. 16.22 e. 15.62
Answers (1)
Real GDP per capita: cannot grow more rapidly than real GDP. cannot decrease if Real GDP increases. necessarily grows more rapidly than real GDP. can increase or decrease when Real GDP increases.
Answers (1)
Which kind of insurance should you have if you live in an apartment? A-Liability B-Renters C-Long-Term Care D-Whole Life
Answers (1)
Flagler Corporation shows a total of $650,000 in its common stock account and $1,120,000 in its paid-in capital in excess of par value - common stock account. The par value of Flagler's common stock is $5.
Answers (1)