Ask Question
BusinessBusiness
11 October, 08:30

Are now the largest single component of the supply side of gdp, representing over half of gdp.

+5
Answers (2)
  1. 11 October, 08:58
    0
    Services are now the largest single component of the supply side of gdp, representing over half of GDP.

    Reason: In the 21st century which is called as the information age services has become the largest contributor to the supply side of the GDP replacing manufacturing which held the position earlier. Due to rapid growth of the internet, the global population is more focused on the services part which makes it a large component
  2. 11 October, 11:44
    0
    Services are now the largest single component of the supply side of gdp, representing over half of gdp.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Are now the largest single component of the supply side of gdp, representing over half of gdp. ...” 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
If the income elasticity of a good is 0.8, what do we know about the good? a. It is a normal goodb. It is an inelastic goodc. It is an inferior goodd. It is an elastic good
Answers (2)
The Ivanhoe Company has disclosed the following financial information in its annual reports for the period ending March 31, 2017: sales of $1.
Answers (1)
In table 10.1, what is the number of unemployed in year 1? a. 15 million. b. 75 million. c. 90 million. d. 105 million.
Answers (1)
In the month of May, Kijak Company Inc. wrote checks in the amount of $28,000. In June, checks in the amount of $38,000 were written. In May, $25,000 of these checks were presented to the bank for payment, and $33,000 in June.
Answers (1)
Warner Company's year-end unadjusted trial balance shows accounts receivable of $99,000, allowance for doubtful accounts of $600 (credit), and sales of $280,000. Uncollectibles are estimated to be 0.5% of sales.
Answers (1)
New Questions in Business
Production and sales estimates for June are as follows: Estimated inventory (units), June 1 18,500 Desired inventory (units), June 30 19,000 Expected sales volume (units): Area X 3,000 Area Y 4,000 Area Z 5,500 Unit sales price $20.
Answers (1)
Using the following information: 12/31/17 Accounts receivable $526000 Allowance (35700) Cash realizable value $490300 During 2018, sales on account were $145400 and collections on account were $100000.
Answers (1)
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June JulySales in Units 240 280 300 240 Each month's ending Finished Goods Inventory should be 40% of the next month's sales.
Answers (1)
Seth has a monthly income of $2,500. He has a $400 car payment and owes $225 on electronic equipment. What is the percentage of Seth's income he is paying out in debt payments
Answers (1)
In the product development process, what takes place between concept testing and market testing? Multiple Choice securing financial backing conducting marketing research brainstorming determining potential ROI performing product development
Answers (1)
Home » Business » Are now the largest single component of the supply side of gdp, representing over half of gdp.
Sign Up Forgot Password?