Ask Question
BusinessBusiness
1 June, 07:37

Kiersten decided to invite her friends to a cookout at her house. She made a delicious fruit salad from fruits she grew in her yard. The fruits are:

+1
Answers (1)
  1. 1 June, 09:57
    0
    The correct answer is letter "D": not counted in GDP because they are a non-market activity.

    Explanation:

    The Gross Domestic Product or GDP represents the overall market value of all the goods and services a country produces. It measures the size of the economy and how much it has grown. It is calculates using expenses, level of output, or revenues of the country.

    In Kiersten's case, the fruits she grows in her yard are not part of the GDP since she is not involved in any economic transaction.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Kiersten decided to invite her friends to a cookout at her house. She made a delicious fruit salad from fruits she grew in her yard. The ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Gonzales Corporation generated free cash flow of $ 85 million this year. For the next two years, the company's free cash flow is expected to grow at a rate of 8 %.
Answers (1)
X2 issued callable bonds on January 1, 2018. The bonds pay interest annually on December 31 each year.
Answers (1)
What is an insurance contract that identifies individuals by relationship to a specific organization?
Answers (1)
reducto co. pays a weekly payroll of $97,000 that includes federal taxes withheld of 12,700 fica taxes withheld of 7260, and retirement withholdings of 6,000. what is the effect on assets and liabilities from this transaction
Answers (1)
In three to four sentences, explain why you are willing to supply the most bicycles at the highest price.
Answers (1)
New Questions in Business
Heather's interest and gains on investments for the current year are as follows:Interest on Madison County school bonds $600Interest on U. S.
Answers (1)
The 2016 financial statements of CVS Health Corporation reported the following information (in millions) : 2016 2015 Net sales $177,526 $153,290 Cost of sales 148,669 126,762 Inventories, net 14,760 14,001 The inventory turnover ratio for 2016 is:
Answers (1)
When manufactured goods are used to produce other goods and services, they are called capital goods. True or False
Answers (1)
Q 8.2: On June 15th, Buehler Company sells merchandise on account to Chaz Co. for $1,000, terms 2/10, n/30. On June 20th, Chaz Co. returns merchandise worth $300 to Buehler Company. On June 24th, payment is received from Chaz Co. for the balance due.
Answers (1)
For the year, B&K United increased current liabilities by $1,400, decreased cash by $1,200, increased net fixed assets by $340, increased accounts receivable by $200, and decreased inventory by $150. What is the annual change in net working capital
Answers (1)
Home » Business » Kiersten decided to invite her friends to a cookout at her house. She made a delicious fruit salad from fruits she grew in her yard. The fruits are:
Sign Up Forgot Password?