1.Why is GDP / Capita a more accurate way of determining the well-being of a people?
2.What is the difference between nominal GDP and real GDP?
3.How is economic growth the same as GDP? How is it different from GDP?
4. Explain the four phases of the business cycle

Answers

Answer 1

Answer:

1. GDP is an indicator of a society's standard of living, but it is only a rough indicator because it does not directly account for leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology. 2. Real GDP is accurate to hundreds of dollars; nominal GDP is accurate to thousands of dollars. 3. Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. 4. The four stages of the cycle are expansion, peak, contraction, and trough. Factors such as GDP, interest rates, total employment, and consumer spending, can help determine the current stage of the economic cycle. Insight into economic cycles can be very useful for businesses and investors.

Explanation:

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Related Questions

Is a key management function because the success of the other functions depends on it.

Answers

Planning corresponds to a key management function, because from its effective implementation, other organizational functions can be successful.

What is organizational planning?

Corresponds to the process of structuring activities to achieve organizational goals and objectives. It is based on a prediction of how a company will use its resources to be well positioned in the market.

Therefore, the strategy planning is a key management function, through it there is the direction of the necessary actions for a company to provide value to the potential public and to be competitive.

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This agency is responsible, through its Division of Financial Institutions, for ensuring that each state-chartered financial institution is safe to use and for enforcing the state’s bank regulations

Answers

The FDIC is the body that is responsible for ensuring that the banks of the US are safe to use.

What is the FDIC?

This is the federal regulator of banks in the United states. This body helps to ensure that insured banks and savings associations are supervised.

It stands fully for Federal Deposit Insurance Corporation. It also helps to protect the customers of the banks.

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Suppose there are 500 stock market investors trying to predict whether the market will go up and down, and each year exactly half of them guess right. Approximately how many of these investors, on average, will be right two years in a row

Answers

Answer:

six

(200 x (0.5)^6 = 200 x 0.015625 = 3.125

Explanation:

In 2015, the price of peanuts was rising, which lead peanut butter buyers to expect the price of peanut butter would rise in the future. Consequently, in the current market for peanut butter there was ________ which resulted in ________ in the price of peanut butter and ________ in the quantity of peanut butter.

Answers

Answer:

In 2015, the price of peanuts was rising, which lead peanut butter buyers to expect the price of peanut butter would rise in the future. Consequently, in the current market for peanut butter there was a shortage which resulted in an increase in the price of peanut butter and a decrease in the quantity of peanut butter.

Explanation:

I have no idea what vocabulary you are learning, so these answers may not be correct.

Researchers assess the value of a project by comparing the Blank______ of answering some of their questions and the Blank______ associated with conducting the research.
a) benefits; costs
b) quality; difficulty
c) difficulty; costs
d) benefits; difficulty

Answers

It should be noted that Researchers assess the value of a project by comparing the benefits of answering some of their questions as well as the cost associated with conducting the research.

What is a project?

A project  can be regarded as an undertaking which is been carried out collaboratively and entail research or design, that is carefully planned to achieve a goal.

It is necessary for a Researchers to assess the value of a project by comparing the benefits of answering some of their questions .

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Several conditions must exist for market segmentation to be successful. These conditions include all of the following except Group of answer choices the company must be able to reach the chosen segment with a particular marketing mix. segments must be identifiable and divisible. the total market should be divided so that segments can be compared on sales potential, costs, and profits. customers' needs for the product must be homogeneous. at least one segment must have enough profit potential to justify developing and maintaining a special marketing mix for that segment.

Answers

A condition that is not needed for market segmentation is customers' needs for the product must be homogeneous.

What is market segmentation?

Segmentation is the division of people into certain groups based on shared characteristics. In demographic segmentation, people are placed into groups based on age, gender, ethnicity and other demographic factors.

If consumers needs are homogenous, segmentation would not be successful as there would be no need for segmentation.

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In the aftermath of a hurricane, clean water became scarce, and the price of bottled water skyrocketed. This is an example of the role of price in A. Serving as a signal to regulators. B. Creating a surplus of goods. C. Distributing scarce resources efficiently. D. Limiting the profit incentive

Answers

The scarcity of clean water and the price of bottled water skyrocketing is an example of price in C. Distributing scarce resources efficiently.

What is price?

It should be noted that price simply means the amount that's charged for a particular good.

In this case, the scarcity of clean water and the price of bottled water skyrocketing is an example of price in distributing scarce resources efficiently.

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100 percent of your income after you re tire will probably come from social security
and the companies that employed you.

Is it true or false?

Answers

Answer:

average, retirement beneficiaries receive 40% of their pre-retirement income from Social Security. As you make your retirement plan, knowing the approximate amount you will receive in Social Security benefits can help you determine how much other retirement income you'll need to reach your goals.

Explanation:

please mark me as brainlist itt is true

In order to compute operating cash flow you begin with EBIT and then add __________ and subtract __________.

Answers

Add depreciation and then subtract taxes

Which correctly lists the titles for this Venn diagram?
Title 1 should be Logistics and Inventory Control Pathway and Title 2 should be Maintenance, Installation, and
Repair Pathway.
O Title 1 should be Maintenance, Installation, and Repair Pathway and Title 2 should be Logistics and Inventory
Control Pathway.
Title 1 should be Quality Assurance Pathway and Title 2 should be Production Pathway.
Title 1 should be Production Pathway and Title 2 should be Quality Assurance Pathway.

Answers

The correct title for the Venn diagram should be

Title 1 should be Production Pathway and Title 2 should be Quality Assurance Pathway.

What is a production pathway?

This is the pathway that has to show all the process of manufacturing and assembling the products.

What is the quality assurance pathway?

This has to do with the inclusion of the workers that would help to ensure that quality standards are followed and the products meets their performance requirements.

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Answer:

D

Explanation:

The differences between the two are that ________ involve(s) both manufacturing and procurement with multiple manufacturers, suppliers, and retail companies. ________ refers to distribution activities in one company.

Answers

The differences between the two are that supply chain involve(s) both manufacturing and procurement with multiple manufacturers, suppliers, and retail companies. logistics refers to distribution activities in one company.

What is Supply chain and logistics?

Supply chain has to do with production or manufacturing and distribution of goods produce to suppliers, retailers or customers while logistics has to do transporting or distribution of goods or products.

Supply chain involve the following:

ManufacturerSupplier WarehousesDistributionRetailers

Logistics involve:

WarehouseDistribution

Inconclusion supply chain involve(s) both manufacturing and procurement with multiple manufacturers, suppliers, and retail companies. logistics refers to distribution activities in one company.

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Philippa is getting ready to start preparing the income statement for General Graders, a company that manufactures graders used by large mining companies. What financial document has Philippa already prepared?

Answers

The financial document that Philippa has already prepared is the cost of goods manufactured schedule.

What is a financial document?

It should be noted that a financial document simply means a document that's necessary in an organization to carry out transactions.

In this case, since Philippa is getting ready to start preparing the income statement for General Graders, the financial document that Philippa has already prepared is the cost of goods manufactured schedule.

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Which transaction fails to produce gains from trade for both buyers and sellers?.

Answers

Non- market transaction fails to produce gains from trade for both buyers and sellers.

What is non- market transaction?

This trade or transactions involves goods and services that are provided or given free or almost free by the producer.

If there are prices attached to the goods they often do not contributes to overall profit.

Therefore, Non- market transaction fails to produce gains from trade for both buyers and sellers.

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If you were advising Hoffmann-LaRoche, which set up Roche Partnering to manage more than 190 alliances in the health care industry, what might not be a reason why some of those alliances could prove to be unstable or break apart

Answers

The reason why an alliance of 190 people could prove to be unstable or break apart is because of the diversity of interests. In the long run, no group of persons no matter how similar their interest would want to give up the secrets that make them stand out or unique.

What is an Alliance?

An alliance is the decision to work together towards a common goal or interest which may be entered into by two or more parties.

In many cases, Business Alliances have broken up because common interests have a very short expiry date and mainly because of trust issues.

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Jim had a car accident in 2021 in which his car was completely destroyed. At the time of the accident, the car had a fair market value of $30,000 and an adjusted basis of $40,000. Jim used the car 100% of the time for business use. He received an insurance recovery of 70% of the value of the car at the time of the accident. If Jim's AGI for the year is $60,000, determine his deductible loss on the car.

Answers

Answer:

3000 dalers oost

Explanation:

A(n) _____ error occurs when the supervisor bases judgments on employee performance that is fresh in his or her mind.

Answers

A recency error occurs when the supervisor bases judgments on employee performance that is fresh in his or her mind.

Recency Error

Recency error is the rater's tendency to allow more recent incidents (either effective or ineffective) of employee behavior to carry too much weight in evaluation of performance over an entire rating period. This can be extreme on both ends of the spectrum.

Therefore, the recency error could make the supervisor judge as such.

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From the statements below, identify the way or ways in which making only minimum monthly payments on a long-term credit purchase can be a disadvantage. I. It is illegal to make only the minimum payments for more than one year. II. Repeatedly making minimum payments harms your credit score. III. The total cost is higher if the length of the debt is longer. A. I and II b. II only c. I and III d. II and III Please select the best answer from the choices provided A B C D.

Answers

If an interest-free period lasts between 12 and 14 months or longer, it is considered long-term. This is useful if you are making a major purchase and need extra time to pay it off without incurring interest.

what is the EMI process?

In the case of an EMI-based purchase or loan, the more you pay, the more times you pay.

If we make more payments or installments during the EMI process, we must pay more interest, which is a significant disadvantage of an EMI-based loan.

Similarly, if we consistently make minimal payments, our credit score would suffer as a result.

As a result, Option "D" is the correct answer.

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The long-term period is considered when an interest-free duration stays between 1 year and 14 months or more prolonged. This is useful if a person is making a major purchase through the EMI process.

What is the EMI process?

The EMI stated the equated monthly installments. It is a fixed payment created by a recipient to an investor on a stipulated date of every month.

This process is mainly used to require extra time to pay the full payment in installments without investment interest.

If the purchase is made through an EMI process, the borrower must pay overmuch interest, which is a considerable burden or disadvantage of a loan that is based on EMI.

Likewise, if a borrower always makes the tiniest payments, as a result, his credit score would suffer.

Therefore, option D is correct.

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Which international agreement requires its member countries to establish border procedures for searching international shipments of goods?

Answers

The International Convention on the Simplification and Harmonization of Customs Procedures requires its member countries to establish border procedures for searching international shipments of goods.

What is International Convention of Customs Procedures?

It is a convention that was created in 1973 an in other to help simplify custom proceduers.

They help with signatories and this has help to facilitate international trade.

Therefore, the International Convention on the Simplification and Harmonization of Customs Procedures requires its member countries to establish border procedures for searching international shipments of goods.

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Which is a sensory simulation strategy a laboring client can use as a nonpharmacological strategy for pain management

Answers

A sensory simulation strategy that a laboring client can use as a nonpharmacological strategy for pain management is Aromatherapy.

What is Aromatherapy?

Aromatherapy serves as an holistic healing treatment, which do make use of natural plant extracts.

This extracts are use to promote health and well-being and relieve pains.

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What are the business functions

Answers

Answer:

Business functions are the high level groupings of a company's capabilities and processes to describe its work. Sure as Human Resources, Finance, and also general management.

Explanation:

Municipal general obligation bonds are ____.
a. always subject to federal taxes; always exempt from state and local taxes.
b. supported by the municipal government's ability to tax; supported by the municipal government's ability to tax.
c. typically zero-coupon bonds; typically zero-coupon bonds.
d. supported by the municipal government's ability to tax; supported by revenue generated from the project.

Answers

The municipal obligation bond supported by the municipal government's ability to tax; supported by revenue generated from the project.

What is Municipal bond?

Municipal bond can be define as a form of debt or tax security which is normally issued by either a state or country and even municipality in order to provide financial assistance to it's capital expenditure including schools, bridges or highways.

General obligation bondsare municipal bonds which provide a way for state and local governments finance projects that may not generate a revenue .

Therefore, The municipal obligation bond supported by the municipal government's ability to tax; supported by revenue generated from the project.

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The price of sugar that prevails in international markets is called the:.

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The price of sugar that prevails in international markets is called the: Market futures price.

Market Futures price

The price of any commodity, sugar inclusive is usually quoted in two different ways.

The first of which is the market or the market futures price, which is the price reported in the news and regarded as the global trading price for such commodity. The spot price, on the other hand, is the cash price of commodities. This is what traders actually use for such commodity on the day of purchase.

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___________ is an investment strategy that mixes a wide variety of investments from different categories within a portfolio. everfi

Answers

the answer is…

diversificaiton

True or False. A scope management plan is used to develop, confirm, and control a common understanding of the project between customers, project team and management.

Answers

Answer:

True

Explanation:

the process of identifying and defining what actions are required to deliver a project's requirements

Now consider the long-run impact of the change in money growth and inflation. According to the Fisher effect, as expectations adjust to the new, higher inflation rate, the nominal interest rate will

Answers

Answer:

The Fisher effect and the cost of unexpected inflation Suppose the nominal interest rate on car loans is 11% per year. If borrowers and lenders expect an inflation rate of 2% per year, the expected real interest rate is _____per year. Suppose the Fed unexpectedly increases the growth rate of the money supply, causing the inflation rate to rise unexpectedly from 2% to 6% per year. In the short run, the real interest rate on car loans will ________to 5% per year. The unanticipated change in inflation arbitrarily benefits ____________. Now consider the long-run impact of the change in money growth and inflation. According to the Fisher effect, as expectations adjust to the new, higher inflation rate, the nominal interest rate will __________ to 9% per year.

Determine whether or not the Populist Movement was a success. Explain your reasoning.

Answers

The Populist Movement was a total success.

What was the Populist Movement?

The Populist Movement was an agrarian-based movement that championed the cause of the people versus the elite.

Based on what they were initially able to achieve, the Populist Movement was successful to a large extent as it created the opportunity to end the oppression of farmers and other agrarian workers, contributing to democratic norms.

Thus, the Populist Movement was a total success.

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The populist movement wanted an increase in circulating revenue in the economy, strengthening political democracy, and providing better conditions for farmers.

What was the Populist Movement?

The Populist Movement was an agricultural-based movement that supported the cause of the people against the elite.

Based on what they were able to achieve in the beginning, the Populist Movement was largely successful as it created an opportunity to end the oppression of farmers and other agricultural workers, which contributed to democratic laws.

They wanted to achieve (to be achieved with unlimited silverware), graduated income tax, state railway ownership, exclusive income tax, direct election of US senators, and other measures designed to strengthen it.

Thus, the Populist Movement was a complete success.

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The unemployment rate is: a. the number of people receiving unemployment benefits as a percent of the total labor force. b. the number of unemployed as a percent of the total labor force. c. the number of unemployed as a percent of the total population. d. the number of people receiving unemployment benefits as a percent of the total population.

Answers

B., because the unemployment rate is the people who were employed

The objectives when accounting for accounts receivable and bad debts are to ______. (Check all that apply.)

Answers

The objectives when accounting for account receivables and bed debts are to: Report Accounts receivables at the price the company expects to collect and for the company to be able to match the cost of bad debts in the accounting period in which the reasonable credit was actualized.

What is a Bad Debt?

Bad debts are uncollectible amount incurred by an organization. These can be loans, outstanding values owed that can no longer be redeemed or recovered by the company and they must write it off the account.

When accounting for bad debts, account receivables must be reported and the expect price the company must collect. Cost of bad debts should also be recorded and the credits should also be recorded.

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$50,000 in cash values more than $50,000 on a cheque.
True
False

Answers

True, a check can bounce so cash is more appealing

Match each Legal Services career with its description
Legal Secretary
Judge
Paralegal
handles correspondence for legal
organizations
helps people negotiate and overcome
conflicts
prepares paperwork and researches
information to help Lawyers
provides legal representation, advice,
and assistance
manages and oversees proceedings in a
court of law
Lawyer
Arbitrator

Answers

The correct matching of the Legal Services career with its description is:

handles correspondence for legal organizations- Legal Secretaryhelps people negotiate and overcome conflicts- Arbitratorprepares paperwork and researches information to help Lawyers- Paralegalprovides legal representation, advice, and assistance- Lawyermanages and oversees proceedings in a court of law- JudgeWhat is a Legal Service?

This refers to the numerous services which has to do with legal matters and may include representation in court to help a client in a legal case.

With this in mind, we can see that a paralegal is a professional who has to training to help lawyers when preparing a case and has more responsibility than a legal secretary.

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