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
18,418,140 questions answered
Popular Conversations
It rained yesterday and is supposed to be sunny today. This is an ...
Weegy: It is an example of B) climate. User: In Hawaii, you can almost always expect 80°F temperatures and daily ...
11/23/2014 3:21:11 AM| 3 Answers
United by common purpose with the majority power residing in the ...
Weegy: United by a common purpose, with the majority of power residing in the states is descriptive of Confederate ...
11/23/2014 12:33:41 AM| 2 Answers
Well, you see, I am accepting the Nobel Prize in literature. a. ...
Weegy: Well, you see, I am accepting the Nobel Prize in literature. The word well is an interjection. User: The ...
11/23/2014 1:40:22 AM| 2 Answers
Minorities and women found employment opportunities mainly a. in ...
Weegy: During World War I minorities and women found employment opportunities mainly in war-related industries. ...
11/23/2014 6:48:35 AM| 2 Answers
In addition to replacing the president if necessary, it's the duty ...
Weegy: In addition to replacing the president if necessary, it's the duty of the vice president to preside over the ...
11/23/2014 7:20:50 AM| 2 Answers
how do I get points
11/23/2014 9:19:57 AM| 2 Answers
Select the product of (5x - 4)(5x + 9). 25x2 - 25x - 36 50x - ...
Weegy: (5x + 1)? User: Select the product of (5x - 4)(5x + 9). a. 25x2 - 25x - 36 b. 50x - 36 c. 25x2 + 25x - ...
11/23/2014 2:08:28 PM| 2 Answers
what does the expression 22n means?
11/23/2014 3:05:20 PM| 2 Answers
__________ is an up-front, one-time cost of home ownership. (Points : ...
Weegy: a and b - down payment and closing costs is an up-front, one-time cost of home ownership.
11/23/2014 7:03:06 PM| 2 Answers
An interjection is always A. intended to show feeling. B. ...
Weegy: An interjection is always intended to show feeling. User: Which sentence contains a prepositional phrase? ...
11/23/2014 7:17:13 PM| 2 Answers
Weegy Stuff
S
L
1
L
P
C
1
P
C
1
L
P
C
1
Points 2405 [Total 14116]| Ratings 10| Comments 2305| Invitations 0|Offline
S
L
Points 1311 [Total 3597]| Ratings 0| Comments 1311| Invitations 0|Offline
S
L
Points 731 [Total 1252]| Ratings 6| Comments 671| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
Points 718 [Total 14092]| Ratings 0| Comments 718| Invitations 0|Offline
S
Points 538 [Total 570]| Ratings 1| Comments 528| Invitations 0|Offline
S
1
L
L
Points 222 [Total 6616]| Ratings 0| Comments 222| Invitations 0|Offline
S
L
Points 150 [Total 1446]| Ratings 3| Comments 120| Invitations 0|Offline
S
Points 50 [Total 50]| Ratings 0| Comments 0| Invitations 5|Offline
S
Points 46 [Total 46]| Ratings 3| Comments 6| Invitations 1|Offline
S
Points 40 [Total 40]| Ratings 4| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.