You have new items in your feed. Click to view.
Question and answer
In computing GDP, market prices are used to value final goods and services because __________. A. if market prices are out of line with how people value goods, the government sets price ceilings
and price floors B. market prices do not change much over time, so it is easy to make comparisons between years C. market prices reflect the values of goods and services D. Market prices are not used in computing GDP
final goods and services because C. makret prices reflect the values of goods and services
Get an answer
Original conversation
User: Which of the following would be most likely to contribute to the breakdown of a cartel in a natural resource (e.g., bauxite) market? A. High compatibility of member interests B. Unequal member ownership of the natural resource C. Low price elasticity of demand D. High prices

User: In computing GDP, market prices are used to value final goods and services because __________. A. if market prices are out of line with how people value goods, the government sets price ceilings and price floors B. market prices do not change much over time, so it is easy to make comparisons between years C. market prices reflect the values of goods and services D. Market prices are not used in computing GDP

Weegy: final goods and services because C. makret prices reflect the values of goods and services
Expert answered|MrG|Points 1886|

Question
Asked 11/21/2012 3:22:08 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Managerial accounting __________. A. pertains to the entity as a whole and is highly aggregated B. is concerned with costing products C. is governed by generally accepted accounting principles D. places emphasis on special-purpose information
Weegy: D. is concerned with costing products User: Managerial accounting Weegy: This study focuses on the outcome of acculturation on the personal value system of managers. [ [ Specific focus is placed on Chinese managers across different countries, taking into consideration the moderating influence of cultural heritage and national environment. The influence of culture is controlled by taking sampled Chinese managers across three countries: the Peoples' Republic of China (PRC), the United States of America (USA), and Singapore. Following the approach of past studies, our measures of Chinese personal value systems include integration, Confucian work dynamism, human-heartedness, and moral discipline. Results from a mail survey of 462 Chinese managers indicated significant differences among the managers in the three nations in all the measures. In particular, Singaporean Chinese managers displayed most dissimilar values with their PRC counterparts, while showing more common values with the American Chinese managers. The findings support the cultural convergence theory, which stipulates that through imperatives of industrialization and modernization, personal value systems of managers are likely to become increasingly similar. ] ] User: he cost principle is the basis for preparing financial statements because it is __________. A. an international accounting standard B. a conservative value C. relevant and objectively measured, and verifiable D. the most accurate measure of purchasing power Weegy: The cost principle is the basis for preparing financial statements because it is relevant and objectively measured, and verifiable. User: Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March? A. ... (More)
Question
Expert Answered
Asked 11/21/2012 2:34:04 PM
0 Answers/Comments
26,557,088 questions answered
Popular Conversations
A student is comparing and contrasting two dramas and plans to write ...
Weegy: B. point to point. User: Which sentence is written with parallel structure? A. It was both a unique play ...
12/3/2016 10:02:47 AM| 3 Answers
a legislative body is a User: motif
Weegy: A motif is a narrative element with symbolic meaning that repeats throughout a work of literature. User: ...
12/2/2016 10:58:45 AM| 2 Answers
What is a flexible exchange rate based on
12/2/2016 12:22:25 AM| 1 Answers
The amount of water vapor in the air is known as the
Weegy: Water vapor is water in a vaporous form diffused in the atmosphere but below boiling temperature.
12/2/2016 1:46:03 AM| 1 Answers
Hindering Latin American development was the fact that Latin American ...
Weegy: Hindering Latin American development was the fact that Latin American countries was slow economic growth.
12/2/2016 3:13:04 AM| 1 Answers
Weegy Stuff
S
P
Points 147 [Total 419] Ratings 1 Comments 137 Invitations 0 Offline
S
Points 23 [Total 23] Ratings 0 Comments 23 Invitations 0 Offline
S
P
P
Points 21 [Total 700] Ratings 0 Comments 21 Invitations 0 Offline
S
P
Points 18 [Total 450] Ratings 0 Comments 18 Invitations 0 Offline
S
Points 16 [Total 292] Ratings 0 Comments 16 Invitations 0 Offline
S
Points 10 [Total 32] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 8 [Total 8] Ratings 0 Comments 8 Invitations 0 Offline
S
Points 0 [Total 0] Ratings 0 Comments 0 Invitations 0 Offline
S
Points 0 [Total 0] Ratings 0 Comments 0 Invitations 0 Offline
S
Points 0 [Total 0] Ratings 0 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.