The gross domestic product (GDP) includes output produced within households.
Answer the following statement true (T) or false (F)
False
Real GDP measures the total value of all final goods and services produced within a nation's physical boundaries over a given period of time, adjusted for inflation. The GDP ignores legal goods that are not reported to avoid taxation, plus output produced within households. See 2-6: Evaluating Economic Performance: What's Working?
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Which of the following statements concerning nonqualified deferred compensation plans is true?
A. Distributions are taxed at the same tax rate as long-term capital gains. B. These plans can be an important tax planning tool for employers if they expect their marginal tax rate to decrease over time. C. If an employer doesn't have the funds to pay the employee, the employee becomes an unsecured creditor of the employer. D. These plans can be an important tax planning tool for employees who expect their marginal tax rate to increase over time.
Usually specific authorization is required for all of the following except
a. sales on account which exceed the credit limit b. sales of goods at the list price c. a cash refund for goods returned without a receipt d. write off of an uncollectible account receivable
What can an organization expect from investment and contributions to the community?
a. higher creative thinking among employees b. greater retention of baby boomer employees c. lower market share in the community d. faster takeover of less ethical rivals
After reading the ________ of your proposal, your audience should understand your main ideas without having to read the entire proposal
A) analysis B) introduction C) overview D) context E) requirements