How do economists measure a nation's standard of living

1 answer:

6 0

One of the main ways that economists measure a nation's standard of living is by looking at their GDP (Gross Domestic Product). Specifically they look at the GDP per capita because it shows how much the country is producing (in dollar figures) per individual. This can show both the wealth and standard of living for a country in an easily comparable form.

You might be interested in

Make x the subject of the formula if a/b-x=b/a+x

Alenkinab [10]

Answer:

s the question like that?

Step-by-step explanation:

a- x = b + x .

b. a

6 0

2 years ago

If f(x) = 4x2 - 5x + 7 and g(x) = 3x2 - 2x + 8, find f(x) + g(x). A) 7x2 - 7x + 15 B) 7x4 - 7x2 + 15 C) 7x2 + 15 D) 12x4 - 8x3 +

lutik1710 [3]

Answer:

A) 7x^2-7x+15

Step-by-step explanation:

f(x) = 4x2 - 5x + 7,

g(x) = 3x2 - 2x + 8

f(x) +g(x) =

4x^2 - 5x + 7 + 3x^2 - 2x + 8=

7x^2-7x+15

8 0

3 years ago

the diagram below has a cake is divided at a cake sale, if all the slices are sold at a total of $2500 would be collected. how m

Anarel [89]

Answer:

I am pretty sure $750

Step-by-step explanation:

Since there are 10 slices of cake, you would have to divded the cost ($2,500) by 10 to find out the cost per slice (you would get $250). Since we are finding the cost of 3 slices, you would mulitply 250 by 3, then you get your answer

4 0

2 years ago

PLEASE HELP?!

Anon25 [30]

The middle point of BC is (0,2), the midpoint of CD is (1,0)
to prove two lines are parallel, prove their slopes are the same.
slope of BD: m=rise/run=4/-2=-2 (the run is negative because to get to B from D on the grid, you have to move from right to left, then upward. If the horizontal move is from left to right, the run is positive)
slope of EG: m=rise/run=2/-1=-2
EG and BD have the same slope, so they are parallel.

3 0

3 years ago

What is the volume of this figure? Enter your answer in the box. yd³

tia_tia [17]

Answer:

4095

Step-by-step explanation:

This Is for the 4.07 K-12 Quiz! <3

6 0

2 years ago