The total amount of final goods and service produced in a country that people, businesses, governments, and foreigners plan to buy is Gross domestic product (GDP).
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What is Gross domestic product (GDP)?</h3>
- GDP is a metric for a country's economic output. GDP is a measure of the overall economic output of new products and services in a particular year.
- The circular flow diagram can be used to illustrate GDP as a flow of income moving in one direction and expenditures on resources, products, and services moving in the opposite way.
- According to this model, households purchase goods and services from businesses, and vice versa.
- The circular flow figure shows how the national income calculation methods of using income and expenditures are equivalent.
- Money (revenue from the sale of the commodities, services, and resources) travels counterclockwise in this picture while goods, services, and resources go clockwise.
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Answer:
Beta of a security is the covariance of the security return with the return on the market portfolio divided by variance of the market return.
The correct answer is C
Explanation:
Beta of a security is calculated as covariance (Ri,Rm) divided by Variance of the market return. Beta is used for measuring the systematic risk of a security.
The term that is being referred to the description is CORE CUSTOMER VALUE. The core customer value is a marketing term that describes the fundamental benefits of problem solving that consumers are looking for. The customer value are classified into two and these are the perceived and the desired value.
The practice that sees the contractor using outside suppliers to build homes is known as <u>Importing</u>.
<h3>What is importing?</h3>
This refers to when goods are acquired from outside the nation for reasons such as the goods being cheaper and more available.
Truss Above is engaged in importing when it buys goods from outside suppliers and then uses it in the United States.
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GATT is a very common term in business. One of the global institutions that emerged over the past 75 years is GATT which stands for the General Agreement on Tariffs and Trade.
<h3>What is the meaning of GATT?</h3>
The word simply means General Agreement on Tariffs and Trade. This General Agreement is known to covers international trade in goods.
They are involved in Trade negotiations. The WTO is regarded as the successor to the General Agreement on Tariffs and Trade (GATT) set up after the Second World War.
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