Select which part of the expenditures approach of calculating the GDP is being described:
All private consumption in a nation's economy is part of this expenditures approach for calculating the GDP.
O gross exports
O gross imports
O consumer spending
O sum of all the country's businesses spending on capital
O sum of government spending
Answers: 2
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Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital
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Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)
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Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
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Select which part of the expenditures approach of calculating the GDP is being described:
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