An Increase in Nominal GDP Could Result from an Increase

question 159

Multiple Choice

An increase in nominal GDP could result from an increase in
I.production.
Ii.prices.
Iii.subsidies.

• A)i only
• B)ii only
• C)i and ii
• D)i and iii
• E)i,ii,and iii

Identify the main factors contributing to the severity of an earthquake's impact.

Understand the role of subduction zones and mid-ocean ridges in earthquake activity.

Understand the formation and identification of fault scarps.

Recognize the various causes of earthquakes including natural and human-induced factors.

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Definitions:

Gain on Sale

Gain on sale refers to the profit made from selling an asset for more than its book value.

Indirect Method

A method for creating the cash flow statement by modifying net income according to non-cash activities and fluctuations in working capital.

Operating Activities

Activities directly related to the principal revenue-producing activities of an entity, detailed in the cash flow statement.

Amortization

The process of gradually writing off the initial cost of an intangible asset over its useful life, reflecting its consumption, expiration, or obsolescence.