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The total market value of goods and services produced in a certain county during a specific period of time Which is a following best matched the definition above?

Gross domestic product


Matching concepts of depreciation?

basic matching concept of account is that all expenses of same fiscal years should be matched with revenues of that fiscal year and depreciation is also charged for that portion of asset which is used in specific fiscal year.


How did federal economic policy change between the 19Th century and the new deal?

The early years of the nation were marked by belief in laissez-faire doctrines; government stayed out of the economy. During the progressive Era, people began to look for government planning as a way to tame the buisiness cycle. During the New Deal, recovery efforts shifted from monetary to fiscal policy in a way that matched the theories of john Maynard Keynes.


Approaches to Pricing Services?

Cost - Based Pricing • Price = Direct costs + Overhead costs + Profit margin. • ( Direct costs involve materials and labour that are associated with delivering the service, overhead costs are a share of fixed costs, and the profit margin is a %age of full costs( direct + overhead) Problems with cost - based pricing • Costs are difficult to trace. • Labour is more difficult to price than materials. • Costs may not equal the value the customers perceive the services are worth • Cost - based pricing is used in construction, engineering, advertising. • Hourly fee usually charged for consultancy or by lawyers. Competition- based pricing Focuses on the prices charged by other firms in the same industry and market. This approach usually works where services are standard (eg dry- cleaning) or where there are oligopolies (a few large service providers, as in airlines) Problems • Small firms may charge too little and not make adequate margins. Many small establishments cannot deliver services charged by chain operators. • Heterogeneity of services across and within providers also makes it difficult for a firm to follow this approach. (eg different banks have different charges for making D.D.s. • Price signaling occurs in a market with a high concentration of sellers. Any price offered by one company will be matched by competitors to avoid giving a low- cost seller an advantage eg airlines. • Going - rate pricing involves charging the most prevalent rate in the market. ( eg Taxi operators in NCR). For years the rates set by Hertz for car rentals were matched by all others. Demand - based pricing This involves setting prices in accordance with customer perceptions of value. Price is based on what the customer will pay for the services provided. In this approach non - monetary costs and benefits must be factored into the calculation of perceived value. Problem • When services require time, inconvenience, psychological and search costs, the monetary price must be adjusted to compensate. • And when services save time, inconvenience psychological and search costs, the customer is willing to pay a higher monetary price. • The challenge is to correctly assess the value to customers of each of the non- monetary aspects involved.


In Limited Physical market?

Limited Physical Market - Salient FeaturesTrading is conducted in the Odd Lot market (market type 'O') with Book Type 'OL' and series 'BT'.Order quantities should not exceed 500 shares.The base price and price bands applicable in the Limited Physical Market are same as those applicable for the corresponding Normal Market on that day.Trading hours are the same as that of the normal market and order entry during the pre-open and post-close sessions are not allowed.Settlement for all trades would be done on a trade-for-trade basis and delivery obligations arise out of each trade.Orders get matched when both the price and the quantity match in the buy and sell order. Orders with the same price and quantity match on time priority i.e. orders which have come into the system before will get matched first.All Good-till-cancelled (GTC)/Good-till-date (GTD) orders placed and remaining as outstanding orders in this segment at the close of market hours shall remain available for next trading day. All orders in this segment, including GTC/GTD orders, will be purged on the last day of the settlement.Trading Members are required to ensure that shares are duly registered in the name of the investor(s) before entering orders on their behalf on a trade date.I found this information on NSE website. I think physical markets if any will have similar features around the world.Siddalingesh ZalakiEquity AnalystSanlam Equity Analytics India

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Which events and dates are correctly matched?

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Which cell part is correctly matched to its function?

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