Transactions involving items produced in the past, such as the sale of a 5-year-old automobile by a used car dealership or the purchase of an antique rocking chair by a person at a yard sale, are
a. included in current gdp because gdp measures the value of all goods and services sold in the current year.
b. included in current gdp but valued at their original prices.
c. not included in current gdp because it is difficult to determine their value.
d. not included in current gdp because gdp only measures the value of goods and services produced in the current year.

Roi analysis using dupont model. charlie? s furniture store has been in business for several years. the firm? s owners have described the store as a ? high-price, highservice? operation that provides lots of assistance to its customers. margin has averaged a relatively high 32% per year for several years, but turnover has been a relatively low 0.4 based on average total assets of $800,000. a discount furniture store is about to open in the area served by charlie? s, and management is considering lowering prices in order to compete effectively. required: a. calculate current sales and roi for charlie? s furniture store. b. assuming that the new strategy would reduce margin to 20%, and assuming that average total assets would stay the same, calculate the sales that would be required to have the same roi as they currently earned. c. suppose that you presented the results of your analysis in parts a and b of this problem to charlie, and he replied, ? what

How do communism and socialism differ in terms of the role that government plays in the economy ?

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.