Which of the Following Is Not an Arithmetic Operator

question 7

Multiple Choice

Which of the following is not an arithmetic operator?

• A) +
• B) -
• C) .
• D) %

Distinguish between final and intermediate goods in the context of GDP calculation.

Comprehend the relationship between an economy's income and expenditure.

Identify what is included and excluded in the computation of GDP.

Understand the significance of macroeconomic statistics beyond GDP.

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Definitions:

LIFO Inventory

An inventory valuation method where the last items to enter inventory are the first ones to be used or sold.

Periodic Inventory

An inventory accounting system where the inventory is updated and the cost of goods sold is calculated at the end of a period instead of after each sale.

Inventory Balance

Refers to the total value of all inventory a business has in stock at a specific point in time, including raw materials, work-in-progress, and finished goods.

Replacement Cost

The amount required to replace an asset at current prices, ensuring similar functionality or capacity.