A statistical discrepancy a. insures that GDP will approximately equal GNP. b. explains the close association between GDP and quality of life measures such as literacy and life expectancy. c. explains the inadequacy of GDP in capturing the value of leisure and the value of a clean environment. d. exists because data sources are not perfect, so measures of expenditures and income are not equal.

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.

Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be: