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Question 1: Real GDP
A. is actual GDP as opposed to the estimate made by the BEA.
B. is also called current-dollar GDP.
C. is GDP adjusted for price changes.
D. is not calculated for the United States.
E. and are both correct.
Question 2: Which of the following events has no effect on GDP?
A. You buy a 1957 Chevy from a friend.
B. The Department of Transportation repaves a road.
C. Your friends make a music CD that doesn't sell any copies.
D. A college buys computers.
E. You buy a bottle of French wine.
Compute What is the cost of equity of a company whose shares are trading at 30.2 and which pays a dividend of 5 over five years and 6 after five years?
A company has 500,000 shares authorized, 100,000 shares issued, and 10,000 shares in Treasury Stock. How many shares are outstanding?
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What is the related journal entries for the Whilshire Branch of Watt Corporation: the branch uses the perpetual inventory system.
Tim is a single, cash method taxpayer with one personal exemption. In April of this year Tim paid $1,000 with his state income tax return for the previous year. During the year, Tim had $4,850 of state income tax and $17,250 of federal income tax wit..
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