What is GDP? What is the current GDP of the United States? What is the current GDP of China? When do you think China will surpass the US in GDP or will they ever?

Answers

Answer 1

Answer:

1. The GDP is the total of all value added created in an economy. The value added means the value of goods and services that have been produced minus the value of the goods and services needed to produce them, the so called intermediate consumption.

2. 20.94 trillion USD (2020)

3. 14.72 trillion USD (2020)


Related Questions

The country of Cedarland does not trade with any other country. Its GDP is $17 billion. Its government purchases $4 billion worth of goods and services each year, collects $6 billion in taxes, and provides $1 billion in transfer payments to households. Private saving in Cedarland is $4 billion. For Cedarland, Select one: a. investment is $5 billion and consumption is $8 billion. b. investment is $6 billion and consumption is $8 billion. c. investment is $6 billion and consumption is $9 billion. d. investment is $5 billion and consumption is $7 billion. Clear my choice Previous page

Answers

Answer:

its A

Explanation:

stan straykids

The performance of a bank that continually concentrates in short-term deposits in euros and adjustable rate dollar loans with equal-rate sensitivity is:___________
a) unaffected if euro interest rates increase and US rates decrease
b) unaffected is US interest rates increase and euro interest rates decrease
c) adversely affected if European interest rates increase and US rates decrease
d) adversely affect if US interest rates increase and euro rates decrease
e) A and B

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Answer:

Search it for the best answer

Answer:

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Describe at least four ways you can take money out of a checking account. (1-4 sentences. 2.0 points)

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Answer:

write a check, use an ATM, fill out a withdrawal slip and take it into the bank

what is the advantage of paying your credit card balance in full each month?

Answers

Answer:

No interest will accrue. This is what is recommended of people. If you are unable to, it is suggested you make two payments a month to help avoid it.

In this section you will name the functions of the Machine. Function: Winds on bobbin, for lower thread. Function: Holds the spool of Function: Controls the stitch Function: Controls the stitch Function: Controls of the upper thread. Function: Guides function takes up Function: the thread. Function: Assists in the needle. Function: Sets the in place. Function: Creates a surface. Function: Holds in place. Function: Stitches Function: Select the type of

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Answer:

thread---upper_thread----handle----needle----saw----engine----footspa----machine----

Choosing which types of assets you will invest in is known as
O A. a long-term strategy
O B. diversification
O C. cash investment
O D. asset allocation
SUBMIT

Answers

Answer:

Asset allocation

Explanation:

2. An increase in demand is an increase in consumer willingness to

Answers

Answer:

An increase in demand is an increase in consumer willingness to. purchase moe of the good at any price.

Explanation:

_____ is a pattern of shared basic assumptions that a group learns as it solves its problems of external adaptation and internal integration, and that has worked well enough to be considered valid and, therefore, is taught to new members as the correct way to perceive, think, and feel in relation to these problems.
A. Organizational change
B. Organizational culture
C. Organizational structure
D. Organizational learning

Answers

Answer:

What is B. Organizational culture

Explanation:

Organizational culture is a pattern of shared basic assumptions that a group learns as it solves its problems of external adaptation and internal integration, and that has worked well enough to be considered valid and, therefore, is taught to new members as the correct way to perceive, think, and feel in relation to these problems.

Organizational culture is a pattern of shared basic assumptions that a group learns as it solves its problems of external adaptation and internal integration, and that has worked well enough to be considered valid. Hence, option B is correct.

What is Organizational culture?

The general definition of organizational culture is all of a company's beliefs, values, and attitudes, and how these affect how its people behave. What it's like for a customer to purchase from a business or for a supplier to cooperate with it is influenced by culture.

The definition of organizational culture pertains to the structure, values, sociology, and psychology of an organization, such as a business or non-profit. Philosophy, beliefs, expectations, and experiences are a few examples of organizational culture.

Your company's culture establishes standards for how employees should act, collaborate, and perform as a team. In this manner, siloed teams' barriers may be dismantled, decision-making can be guided, and workflow can be improved.

Thus, option B is correct.

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if you are submitting the fafsa this year, you will need tax forms from which year?

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Answer:

The FAFSA form asks for financial information, including information from tax forms and balances of savings and checking accounts. The 2022–23 FAFSA form asks for 2020 tax information. The 2021–22 FAFSA form asks for 2019 tax information.

Mitski supervises the returns desk in a department store. Mitski has set a goal for the rest of the year of finishing her daily office work quicker so she can assist at the returns desk earlier in the morning. She knows this will improve customer service and also help decrease theft which will assist the company in achieving its goal of decreasing costs. Finishing her office work quicker represents a(n) ________ for Mitski.

Answers

The answer is a problem based off the question

Finishing her office work quicker represents a(n) operational goal.

The following information should be considered related to the operational goal is:

Operational goals are specific to the daily tasks and requirements to run a business. Efficient operations make it easy for employees to function and to excel within their working environment.

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when an enterprising individual pursues a lucrative opportunity, it is known as:

Answers

Answer:

When an enterprising individual pursues a lucrative opportunity, it is known as entrepreneurship

Explanation:

PLEASE HELP ASAP!! amcnkwjdcmkencjdjej

Answers

My Answuh:

$530/month

So not-alright explanation:

dude, I've been trying to solve this for the past 15 minutes and only $530 comes.

what concept does the balance sheet really explain, based on the information contained in it?

Answers

The concept that is been explained by balance sheet as regards the information in it is that it provide the summary of all of the firm business assets.

Balance sheets can be regarded as business tools that gives all the rates of return for investors as well as evaluation of a firms capital structure.

It can be explained as financial statement  which gives that snapshot of what is been owed and owned by a company, also the total funds that the shareholders invested.

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When does a conflict of interest occur for an employee?

Answers

Answer:

For an employee, a conflict of interest occurs when the employee could personally benefit by taking unfair advantage of his or her position in the company.

Explanation:

If there were no rules prohibiting employees from stealing from the cash register, it could be enticing for them to do so. Employees, on the other hand, are considerably less inclined to steal money if they fear being fired or going to jail. Because of the penalty, taking the money would not be beneficial to the employee.

_______________________

___ are costs that don't show up as part of the market price for a product.

Answers

Externalities are costs that don’t show up as part of the market price for a product

A disadvantage of a short-term contract as an alternative on the make-or-buy continuum is that ______. Multiple choice question. the supplying firm has a shorter planning period than it has for individual transactions the supplying firm has little reason to perform transaction-specific investments the buying firm can get a lower price for the work because of the competitive bidding process the supplying firm has a longer planning period in comparison to individual market trans

Answers

A disadvantage of a short-term contract as an alternative on the make-or-buy continuum is that: B. the supplying firm has little reason to perform transaction-specific investments.

A short-term contract can be defined as a fixed term contractual agreement between two or more parties that has a definite duration of not more than one year or 24 months.

Hence, a short-term contract is characterized by a specific and limited amount of time.

A make-or-buy continuum can be defined as an act of making a strategic choice between manufacturing (making) a product internally (in-house) or buying the product from an external supplier.

Basically, one of the disadvantages of using a short-term contract as an alternative to the make-or-buy continuum is that, the supplying firm has little or no reason to perform transaction-specific investments i.e a non-transferable investment that has a unique utility.

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if china provides cash assistance to its companies in the steel industry, china is using which type of trade instrument?

Answers

Answer:

belt and road initiative

The following information is available for Birch Company at December 31: Cash in registers $ 2,910 Investment maturing in 9 years $ 16,200 Accounts receivable $ 1,775 Cash in bank account $ 23,631 Accounts payable $ 770 Cash in petty cash fund $ 320 Inventory of postage stamps $ 30 U.S. Treasury bill maturing in 15 days $ 11,200 Based on this information, Birch Company should report Cash and Cash Equivalents on December 31 of:

Answers

Based on the various account balances that Birch Company has, they should report a total of $38,061 for Cash and Cash equivalents.

Cash and Cash Equivalents are the actual cash that a company holds as well as those that can readily be converted to cash.

They include:

Actual cash Cash in bank Cash in petty cash U.S. Treasury bills Money market funds

The total of cash and cash equivalent here are:

= Cash in registers + Cash in bank + Cash in petty cash + U.S. Treasury bills

= 2,910 + 23,631 + 320 + 11,200

= $38,061

In conclusion, Birch Company has Cash and Cash Equivalents of $38,061.

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Nico likes to take 15-minute breaks to play a game on his phone while he is studying. Sometimes, his breaks goes past 15 minutes because he loses track of time. What should he do to study more effectively?

Choose a game that has shorter levels.
Put his phone away even during study breaks.
Take fewer breaks but for 30 minutes.
Text a friend instead of playing games during study breaks.

Answers

Answer:

I think he should text a friend instead of playing games so his friend can help him with studies too.

Explanation:

This is just based on my opinion. Hope it helps though

Answer: B - Put his phone away even during study breaks.

Explanation:

I took the test and I got it right.

If the price index was 90 in Year 1, 100 in Year 2, and 95 in Year 3, then the economy experienced a. 10 percent inflation between Years 1 and 2, and 5 percent deflation between Years 2 and 3. b. 11.1 percent inflation between Years 1 and 2, and 5 percent inflation between Years 2 and 3. c. 10 percent inflation between Years 1 and 2, and 5 percent inflation between Years 2 and 3. d. 11.1 percent inflation between Years 1 and 2, and 5 percent deflation between Years 2 and 3.

Answers

Answer:

d. 11.1 percent inflation between Years 1 and 2, and 5 percent deflation between Years 2 and 3.

Explanation:

Inflation Rate between Current Year and Previous Year = ((Price Index in Current Year - Price Index in Previous Year) / Price Index in Previous Year) * 100

Inflation Rate between Year 2 and Year 1 = ((Price Index in Year 2 - Price Index in Year 1) / Price Index in Year 1) * 100 = ((100 - 90) / 90) * 100 = +11.1111%

Inflation Rate between Year 3 and Year 2 = ((Price Index in Year 3 - Price Index in Year 2) / Price Index in Year 2) * 100 = ((90 - 100) / 100) * 100 = -5%

*Negative value = Deflation

11.1 percent inflation between Years 1 and 2, and 5 percent deflation between Years 2 and 3.

What is the Inflation?

Inflation is a unit of measurement used to determine how much a group of goods and services have increased in cost over a given period of time, usually a year. Possibly one of the most well-known terms in economics. Because of inflation, nations have gone through protracted periods of instability.

((Price Index in Current Year - Price Index in Previous Year) / Price Index in Prior Year) * 100 is the inflation rate between the current year and the year before.

The price Index in Year 2 minus the Price Index in Year 1 divided by Price Index in Year 1 equals the inflation rate between Years 2 and 1. * 100 = ((100 - 90) / 90) * 100 = +11.1111%

Price Index in Year 3 minus the Price Index in Year 2 divided by Price Index in Year 2 equals the inflation rate between Years 3 and 2. * 100 = ((90 - 100) / 100) * 100 = -5%

Deflation is a negative value.

The inflation surprise is calculated as the realized inflation rate from the end of period t to the end of period t, expressed as t, less the cohort s' expectation in period t 1, written as t|t1,s.

Therefore, Thus, option (D) is correct

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suppose the canadian government has decided to place an excise tax of $20 per tire on producers of automobile tires. excise taxes are also called sales or commodity taxes. previously, there was no excise tax on automobile tires. as a result of the excise tax, producers of tires, such as bridgestone and michelin, are going to alter their tire prices. the graph illustrates the demand and supply curves for automobile tires before the excise tax. please shift the appropriate curve or curves on the graph to demonstrate the new equilibrium.

Answers

In order to determine the effect of the tax on the demand and supply graph, please check the attached image.

A tax is a form of transfer to wealth from businesses to the government. Taxes increase the price of goods and services. As a result of the tax levied on the producers of automobile tires, the cost of making tires would increase. This would make producing tires more expensive.

As a result of the increase in the cost of making tires, the production of tires would fall. As a result, there would be a leftward shift of the supply curve. This would lead to a rise in equilibrium price and a decrease in equilibrium quantity.

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I need help with ideas for Yearbook fundraisers. If you have any ideas please let me know.

Answers

As a student, i should say that you need to make others aware of your fundraiser. A lot of times i barely know about such fundraiser or I don’t have enough information.

Question 10 of 10 Which is an advantage of tax-deferred retirement savings?

A. The tax burden on your savings is partly paid at the time you invest

B. You pay all the tax when you invest so you don't owe tax when you withdraw it.

C. You earn extra interest on your savings.

D. You don't pay tax on your investment until you withdraw it.​

Answers

Answer:

d

Explanation:

because if you pay the tax on your investment then when you withdraw it your gonna owe some

Answer:

D You don't pay tax on your investment until you withdraw it

Explanation:

Brainly

When a golfing club manager says, "I am concerned that our club members will find that the low center of gravity in the Taylor clubs mess up their golf swings," the Taylor salesperson responds, "I understand how you feel about the clubs. Another buyer felt the same way as you do until he tried the clubs for a month. He found them easy to use and that they actually improved his average score." Which method of dealing with objections is the Taylor salesperson using? Multiple Choice submissive direct denial compensation indirect denial referral

Answers

The Taylor salesperson is using the referral method to deal with objections.

A referral is a way of dealing with objections in which the speaker refers to a previous experience to object to what another person has told him about a topic.

In the case presented, the manager of the golf club was expressing his concern about the opinion of golfers about Taylor clubs that had a special characteristic on their center of gravity.

To counter this argument, the seller refers to a real case of a buyer who was left with very good impressions of the Taylor stick.

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Lena is a salesperson. As part of negotiation with her prospect during the sales process, Lena finds out what other competitors' products or services the prospect is considering. Thus, she gains insight into what the prospect is looking for and willing to pay. In this scenario, Lena is most likely in the _____ phase of negotiation.

Answers

Lena is most likely in the Investigative phase of negotiation.

In business, negotiation refers to the strategic discussion that takes place between the potential buyer and sellers who are trying to reach an agreement which favors both party.

The phase of Negotiation includes;

The investigation phase is the phase whereby both party are deciding the best price for themselves.The phase of determining the Best Alternative to a Negotiated Agreement (BANA)The presentation phaseThe bargaining phase is the phase of stating price from both partyThe closure phase.is the phase where conclusion have been reached.

Therefore, in this case, Lena is most likely in the Investigative phase of negotiation.

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distinguish between capitalist and socialist economy. will give brainlest answer to the first person​

Answers

Answer:

Capitalism is based on individual initiative and favors market mechanisms over government intervention, while socialism is based on government planning and limitations on private control of resources.

Socialism includes private individuals or businesses, rather than the government, own and control the factors of production: entrepreneurship, capital goods, natural resources, and labor. Capitalism's success is dependent on a free-market economy, driven by supply and demand. With socialism, all legal production and distribution decisions are made by the government, with individuals dependent on the state for food, employment, healthcare, and everything else. The government, rather than the free market, determines the amount of output (or supply) and the pricing levels of these goods and services.

I would definitely sum this up before answering!

The fast-food chain wants its ads to show the size difference between its "Big Beefy" burger and another chain's "Deluxe Beef" burger.

A- pioneering advertising

B- reminder advertising

C- comparative advertising

D- institutional advertising

Answers

Answer:

B

Explanation:

Select the statement below that explains how to use the Income Summary account. Multiple choice question. The Income Summary account is credited during the adjusting process, as it is a contra asset account. The Income Summary account is used during the closing process to facilitate the closing of revenue and expense accounts. The Income Summary account is used during the closing process to facilitate the closing of all permanent accounts. The Income Summary account is debited for the sum of all revenue accounts during the closing process.

Answers

Answer:

Facilitate closing of revenue

In accounting, the Income Summary account is used during the closing process to facilitate the closing of revenue and expense accounts.

What is an Income Summary account?

This is an account that records all the temporary accounts of a business after they have been closed at the end of every accounting period.

Therefore, the Option B is correct.

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What are the advantages of working for a salary? Check all that apply.

In general, you will earn more than an hourly wage worker.
Whether you work 35 or 40 hours in a given week, your paycheck will be the same.
If you work more than 40 hours for several weeks in a row, your paycheck will increase.
Your employer must pay you the federal or state minimum wage.
You can easily budget your earnings for the year, knowing that your pay will be steady.

Answers

Explanation:

all of the above except if you work more than 40 hours for several weeks your paycheck will increase .This is False

Answer: its a,b, e

Explanation:

-In general, you will earn more than an hourly wage worker.

-Whether you work 35 or 40 hours in a given week, your paycheck will be the same.

-You can easily budget your earnings for the year, knowing that your pay will be steady.

the primary difference between the periodic and perpetual inventory systems is that a

Answers

Answer:

In a periodic inventory system, things are updated periodically. With a perpetual inventory system, it's recorded at the time of sale.

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