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Paying at a future date for the present use of goods and services or money is what?
Wiki User
∙ 11y ago
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Wiki User
∙ 11y ago
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Why final goods and services are included in the calculation of gross domestic product and intermediate are not?
Final goods and services are included in GDP because they are only going to be sold once. Intermediate goods aren't included because they are goods that contribute to present or future consumer welfare but are not direct sources of utility themselves. hope it helps a little.
The present choice between investing in capital goods and producing consumer goods now affects the ability of an economy to produce in the future. Explain?
AnswerConsumer goods are only available for present use and will not produce wealth. Capital goods, though not providing an immediate benefit, will produce wealth for future use (for more consumer goods and/or more capital goods).
The present choice between investing in capital goods and producing consumer goods now affects the ability of an economy to produce in the future. Explain.?
AnswerConsumer goods are only available for present use and will not produce wealth. Capital goods, though not providing an immediate benefit, will produce wealth for future use (for more consumer goods and/or more capital goods).
What allows the user to obtain goods and services or money in return for future payments?
credit
What is money used for?
money is used for buying and selling goods, services and repayment of debts HI
Why final goods and services are included in the calculation of gross domestic product and intermediate are not?
Final goods and services are included in GDP because they are only going to be sold once. Intermediate goods aren't included because they are goods that contribute to present or future consumer welfare but are not direct sources of utility themselves. hope it helps a little.
If the government paying a contractor for goods and services would be an example of public administration?
yes
Receiving money to buy goods and services with the promise to repay in the future?
Credit
The present choice between investing in capital goods and producing consumer goods now affects the ability of an economy to produce in the future. Explain?
AnswerConsumer goods are only available for present use and will not produce wealth. Capital goods, though not providing an immediate benefit, will produce wealth for future use (for more consumer goods and/or more capital goods).
The present choice between investing in capital goods and producing consumer goods now affects the ability of an economy to produce in the future. Explain.?
AnswerConsumer goods are only available for present use and will not produce wealth. Capital goods, though not providing an immediate benefit, will produce wealth for future use (for more consumer goods and/or more capital goods).
What allows the user to obtain goods and services or money in return for future payments?
credit
What is a facilitating products?
Goods and services that must be present in order to use core product
Why is money useful to us?
Money is useful to people because it is a convenient tool for exchange and paying for goods and services.
What is money used for?
money is used for buying and selling goods, services and repayment of debts HI
Is not paying your bar tab illegal?
Not paying your bar tab is considered breach of contract, as you agreed to pay for the services provided. It may result in civil action by the bar to recover the debt but is generally not considered a criminal offense unless there is evidence of fraud or intent to deceive.
What is the proper accounting entry for accrued liability?
WHICH IS PAYABLE...Under accrual method of accounting, goods or services are received today and payment is made in the future. The transaction is recorded in the books when the goods and services are receive.
Date of receip of appplication?
Date of receipt application is the date that a given receipt is given to a person after paying for certain goods or services.
