Why are sales of previously existing inventories of hula hoops not included in the current years GDP?
Question:
Why are sales of previously existing inventories of hula hoops not included in the current year’s GDP?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
Previously existing inventories of a...View the full answer
Answered By
Ishrat Khan
Previously, I have worked as an accounting scholar at acemyhomework, and have been tutoring busines students in various subjects, mostly accounting. More specifically I'm very knowledgeable in accounting subjects for college and university level. I have done master in commerce specialising in accounting and finance as well as other business subjects.
5.00+
134+ Reviews
426+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
In the current year Clay reports income and losses from the following activities: Activity X ..$28,000 Activity Y ..(10,000) Activity Z ..(20,000) Salary 100,000 Activities X, Y, and Z are all...
-
In the current year SPL Ltd. paid tax-free automobile allowances of 53 per kilometre to two of its employees. Employee #1 drove 15,000 km and Employee #2 drove 6,000 km in carrying out their duties...
-
Not included in the table below is a diamond with a weight of 1.50 carats. Find the best predicted price for this diamond. Is the result close to the actual price of $16,097? What is wrong with...
-
Consider a dynamic array where the capacity doubles when additional space is needed and shrinks by 50% when the size falls below 1/4 capacity. What will be the amortized big-O of an append()...
-
A study of emergency service facilities investigated the relationship between the number of facilities and the average distance traveled to provide the emergency service. The following table gives...
-
Refer to M10-20. Welton Corp. established the note on the first day of its fiscal year and will fully repay the note by the end of year 3 on its December 31 fiscal year-end. Prepare Welton Corp.s...
-
Last year, Token Corporation reported \($1,230,000\) in sales with a cost of goods sold of \($520,000,\) and operating expenses of \($440,000.\) The increase in the firms retained earnings was...
-
To-Go produces milk and sour cream from a joint process. During June, the company produced 240,000 quarts of milk and 190,000 pints of sour cream (there are two pints in a quart). Sales value at...
-
A 45-year-old man presents to the Emergency Department with a fever, widespread rash, and confusion. His only past history of note was Sydenham's chorea and a number of recent dental extractions....
-
Why does the investment component of GDP include purchases of new capital goods but not purchases of company stock?
-
Why are durable goods purchases more unstable than nondurable goods purchases?
-
City Cabs charges a $1.75 pickup fee and $1.50 per mile traveled. Diego's fare for a cross-town cab ride is $19.75. How far did he travel in the cab?
-
12. 3 8 Suppose f(x)dx = 4, [ f(x)dx = -7, and g(x)dx = 5. Evaluate the integrals in parts a - d. 0 3 3 3 a ste [5f(x) dx = [ (Type an integer or a decimal.) 8 b. -2g(x) dx = [ (Type an integer or a...
-
Rating Below is an interval plot from Minitab. How would you interpret this plot? What does it tell you about the effect of age restrictive labeling? (8 points) 8 Interval Plot of 7+, 12+, ... 95% CI...
-
I A 2 B 4 Investment A 5 Investment B 5 Investment C 7 B 3 _0 _1 2 3 Investment A B _0 1 2 Investment A 3 Investment B 4 Investment C 5 6 Formulas 7 Growth Rate (Expected) Year 0 11% $3,000 6%...
-
If the probability distribution for an investment project during the next three years is as follows Years, yield, likelihood 2021 20% 30% 2022 15% 40% 2023 10% 30% Required: What is the risk of this...
-
For the topology shown A B5 E G B4 B1 B7 B6 D B3 B8 B2 B B9 H F a) (10 pts).Fill in the configuration message (Root ID, Cost, Transmitter ID) for each bridge and each LAN segment at the steady state...
-
Enron and Andersen suffered severe consequences because of their perceived lack of integrity and damaged reputations. In fact, some people believe the fall of Enron occurred because of a form of "run...
-
APC16550D UART has a clock running at18.432 MHz and its baud rate is set to 2000.Determine the HEX contents of its DLM and DLL registers. Please can you explain step by step and in detail how you get...
-
a. Verbally describe what an RfD of 0.002 for some pollutant Z means. b. Graphically sketch a dose-response function for pollutant Z , assuming that the dose-response relationship increases at a...
-
Suppose a dose-response function has been estimated to be R = 0.2 + 1.6D, where D is emissions of sulfur dioxide in parts per million (ppm), and R is the response measured as percent of agricultural...
-
What is a hazard quotient, and how is it used in risk assessment?
-
1) A loan of $8,600 is charged interest at 6.70% compounded semi-annually for the first 3.5 years, and then 5.20% compounded monthly thereafter. How much is owed at the end of 8 years? 2) A loan of...
-
8. The Bennet family consists of both parents, Tom and Jane, and the three children Rachel, Melissa, and Rob. When making major decisions like whether to go to Cape Cod again this year for vacation...
-
You can use a calculator for these questions. Show your calculations. (a) Approximate the root of g(x) = 2 + x e^x between 1 and 2 to within 0.05 of the exact value using the bisection method. (b)...
Study smarter with the SolutionInn App