To Avoid Counting the Same Output More Than Once,the Calculation

question 150

Multiple Choice

To avoid counting the same output more than once,the calculation of GDP includes

• A)Intermediate goods plus final goods.
• B)Only the value of final goods.
• C)The value added at each stage of production plus intermediate goods.
• D)Only the output produced by U.S.factors of production.

Recognize effective social media strategies for responding to rumors or misinformation.

Interpret how companies measure engagement with online stakeholders through tools like sentiment analysis.

Recognize the importance of effective internal communications and the role of email in business settings.

Identify the characteristics, benefits, and limitations of email as a communication tool.

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Definitions:

Indirect Materials Cost

The cost of materials used in the production process that cannot be directly traced to the product, such as lubricants and cleaning supplies.

Machine-Hours

A measure of production output or used capacity based on the number of hours machines are operated.

Spending Variance

The difference between the actual amount spent and the budgeted amount for a particular period, used in budget control and analysis.

Patient-Visits

The number of times patients visit a healthcare provider or facility for treatment or consultation.