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3 years ago

_____ is the most common way to measure the standard of living in different countries. GDP per capita Nominal GDP Real GDP

2 answers:

8 0

The answer is GDP per capita. The Gross Domestic Product just shows the wealth of a nation as a whole since GDP is the value measure of the all the final goods and services produced over a period of time by a country. GDP per capita shows the average wealth per person (hence involves dividing the GDP of a country by its population).

eduard3 years ago

8 0

Just using GDP because GDP per capita is counting by people

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Pureform, Inc., manufactures a product that passes through two departments. Data for a recent month for the first department fol

Helga [31]

The equivalent units for the month for the first department for material is 48,000 and for labor and overhead 46000.

What is the weighted average ?

One of three methods for valuing the stock in your company's inventory is the weighted average cost method, which establishes the average cost of all the products in your inventory based on their individual costs and the quantity of each item that is kept on hand.
The weighted average is used by businesses to calculate the amount that goes into inventory and the cost of products sold (COGS).
Due to the variety of inventory stock kinds or the same stock items being purchased at various times, a firm may pay varying costs when purchasing pieces of inventory.

Total units transferred = 42000

and, units of ending WIP = 6000(material), 4000(Labor), 4000(overhead)

So,

Equivalent units of production = 48000(material), 46000(Labor), 46000(overhead)

The equivalent units for the month for the first department for material is 48,000 and for labor and overhead 46000.

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1 year ago

WILL MARK BRAINLIST... I'm trying to think of an acronym for BOSS. I've already come up with one. The acronyms have to be extrem

azamat

Answer:

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Explanation:

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3 years ago

True or False: A tax cut that will last for only one year will have a greater impact on aggregate demand than a tax cut that is

gavmur [86]

A tax cut that will last for only a year will not have a huge effect on the aggregate demand as the aggregate demand increases only when the tax cut is permanent.

The given statement is false.

A tax is a liability imposed on the taxpayer to pay a specified sum to the government based on the income they have earned in the previous year.

When the cutting of taxes becomes permanent in the country, then the citizens can start to acquire more which will increase the spending. The families will expect that the tax cuts are for the longer term which now induces them to buy and spend more and also act as an addition to their incomes. This whole impact would eventually lead to rising in aggregate demand.

Therefore, the demand increases when the tax cuts are permanent rather than when tax cuts are for only one year.

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2 years ago

Does anybody know xxalvinaa

natita [175]

....................no

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3 years ago

Ben recently lost his job at a major U.S. auto plant in one of the rust belt states. After looking unsuccessfully for work in a

Alexandra [31]

Answer: <em>Option (d) is the correct answer.</em>

Ben view the investment by government as a way to jump start a weak economy, i.e. investment by government will allow industries to hire new employees or workforce in order to meet production demand. Thereby increasing government spending through investing in construction of road and bridge, Ben assumes that the state will intervene in market to help revive a weak economy.

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3 years ago