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Bas_tet [7]
1 year ago
9

Should we continue to measure GDP as we do now? After all the current weight measurement has been used over time, so we can make

a historical comparison
Business
1 answer:
BartSMP [9]1 year ago
3 0

Yes the GDP of a nation can continue to be measured like the way that it is done now.

<h3>How is the GDP of an economy measured?</h3>

The GDP of a nation can be defined to be the final value of all of the goods and the services that are measured in that particular economy. We can continue to measure the GDP of a nation by checking the production of the country.

This would help to tell the way that the economy of the nation is doing especially in terms of production.

Read more on GDP here:brainly.com/question/1383956

#SPJ1

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Which of the following is an appropriate solution to an overspending allowance?
nika2105 [10]

Answer:

a

Explanation:

8 0
3 years ago
A fast-food restaurant has determined that the chance a customer will order a soft drink is 0.90. The proba- bility that a custo
azamat

Answer:

(a) The probability that the order will include a soft drink and no fries is 0.45.

(b) The probability that the order will include a hamburger and fries is 0.48.

Explanation:

Let the events be denoted as follows:

S = an order of soft drink

H = an order of hamburger

F = an order of french fries.

Given:

P (S) = 0.90

P (H) = 0.60

P (F) = 0.50

(a)

It is provided that the event of ordering a soft drink and fries are independent.

If events A and B are independent then the probability of event (A ∩ B) is:

P(A\cap B)=P(A)\times P(B)

Compute the probability that the order will include a soft drink and no fries as follows:

P(S\cap \bar F)=P(S)\times P(\bar F)\\=P(S)\times[1-P(F)]\\=0.90\times (1-0.50)\\=0.45

Thus, the probability that the order will include a soft drink and no fries is 0.45.

(b)

It is provided that the conditional probability that a customer will order fries given that he/she has already ordered a hamburger as, P (F|H) = 0.80.

The conditional probability of an event B given another event A has already occurred is:

P(B|A)=\frac{P(A\cap B}{P(A)}

Compute the probability that the order will include a hamburger and fries as follows:

P(F|H)=\frac{P(H\cap F)}{P(H)}\\P(H\cap F)=P(F|H)\times P(H)\\=0.80\times 0.60\\=0.48

Thus, the probability that the order will include a hamburger and fries is 0.48.

6 0
3 years ago
TP5. <br> LO 7.2How might service industries predict revenue?
dalvyx [7]

Answer:

Budgeting, forecasting and planning

Explanation:

Service industries uses budgeting, which includes expected sales  and operational cost, to forecast, plan and predict revenue. With regards to forecasting; historical or past company data are used to make sound prediction.

5 0
3 years ago
The agreement of the trial balance totals is an indication that all transactions have been properly recorded in the books of acc
Zina [86]

Answer:

No

Explanation:

The trial balance shows the totals of all transactions that have been recorded. It has no way of knowing if there are additional transactions that have not been recorded.

3 0
3 years ago
Supplemental liquidity providers (slps) trade securities on behalf of:
ivanzaharov [21]

SLPS trade securities on their own behalf (not for someone else).

5 0
3 years ago
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