Deng Xiaoping
would most likely agree that free enterprise can boost a nation's economy. The
correct answer between all the choices given is the first choice. I am hoping
that this answer has satisfied your query and it will be able to help you, and
if you would like, feel free to ask another question.
Answer:
GDP is an imperfect measure of Economic well being because of : Production of - Non Monetary Exchange goods , Positive & Negative Externalities goods, Negative Impact goods.
Explanation:
GDP is the total value of goods & services produced by an economy during a period of time.
Although reflecting flow of goods & services in an economy, GDP is still not a perfect measure of well being because :
- Non Monetary Exchange Goods : Services of family members (housewives), leisure production (eg painting) are non monetary.
- Positive & Negative Externalities Goods: Benefit or harm to un-involved party, without any monetary exchange. Eg - Education, Pollution.
- Negative Impact Goods : Goods consumption leading to well being loss rather than well being gain. Eg- Addiction (Alcohol / Smoking).
All these goods change well being : Non Monetary Exchange Goods increase well being , Positive Externalities increase welfare , Negative Externalities decrease welfare , Negative Impact goods decrease welfare.
But, these are still not included in GDP evaluation. So, all these make GDP an imperfect measure of well being.
Complete Question:
check the first three files attached
Answer:
The fourth file gives a breakdown of the answers
The type of care that Bill is receiving is hospice care. It is a care of which they focus on patients or individual who are ill, either chronically or terminally. They tend to provide the care that the patients need in regards to their needs of both spiritually and even emotionally. It could be seen above as Bill is being cared for as he is ill and is being provided by the care he needs.
