Answer: GDP is a measure of the value of goods and services that the country produces in a period, in agriculture, industry and services. Measuring the economic activity and wealth level of a region. The more you produce, the more you are consuming, investing, and selling.
CPI are the consumer price indices calculated by the US Bureau of Labor Statistics. Calculate different CPI, which are used for different things.
Unemployment measure the unemployment rate of a country, for example. It is doing dividing the number of unemployed individuals by the number of currently employed people.
Answer: A: variable cost
A cost that rises or falls depending on how much is produced is variable cost.
Explanation:
Variable cost refers to cost that change in proportion to the amount of goods produced. It increases or decreases depending on the volume of production. It rises as a result of increase in production and fall as a result of decrease in production. Examples are: cost of raw materials, packaging, labour involved in direct manufacturing process and so on.
Answer:
B.
Explanation:
Though they did write many letters to the king, at the time of the Stamp Act they boycotted
