subject
Business, 17.04.2020 03:18 Adones7621

Suppose a college student is texting while driving and gets into an accident that causes $2,000 worth of damage to her car. When the student repairs her car as a result of this accident, GDP will: be unchanged because the car has less value now, but car repairs are a service produced by the economy. rise by $2,000 since car repairs are a service produced by the economy. fall by $2,000 since the car has less value now. rise by the amount that the car originally cost minus the $2,000. This example suggests that using GDP as a measure of well-being is: standard and acceptable, even though the car repair, and not the car destruction, is included in the basic measure of GDP. imperfect because the car repair, and not the car destruction, is included in the basic measure of GDP. inadequate because the original value of the car is not considered in this example. standard and acceptable, even though the original value of the car is not considered in this example.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:30
Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.
Answers: 1
question
Business, 22.06.2019 17:40
Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)
Answers: 3
question
Business, 23.06.2019 00:00
The undress company produces a dress that women use to quickly and easily change in public. the company is just over a year old and has been successful through a kickstarter campaign. the undress company has identified a customer segment, but if it wants to reach a larger customer segment market outside of the kickstarter family, what question must it answer?
Answers: 1
question
Business, 23.06.2019 00:10
You are to receive five gold coins from your great uncle as an incentive to study hard. the coins were originally purchased in 1982. your great uncle will deliver the coins the week after finals (assuming your grades are "acceptable"). the amount your great uncle paid for the coins is a(n): indirect cost.overhead cost.opportunity cost.sunk cost.
Answers: 1
You know the right answer?
Suppose a college student is texting while driving and gets into an accident that causes $2,000 wort...
Questions
question
Mathematics, 16.11.2020 20:10
question
Physics, 16.11.2020 20:10
question
Chemistry, 16.11.2020 20:10
question
Mathematics, 16.11.2020 20:10
question
Arts, 16.11.2020 20:10
question
English, 16.11.2020 20:10
Questions on the website: 13722360