Answer:
it does not measure quality-of-life factors ; it does not account for distribution of wealth ; it fails to measure non monetary (home production) activities
Explanation:
Real GDP is the total value of goods & services produced in an economy, during a period of time. But it is not correct measure of welfare level.
- It does not measure non monetary production, like hobby production eg kitchen gardening, self made paintings, music. But, they increase welfare
- It does not take into consideration the qualitative factors affecting welfare like pollution, crime & literacy. Externalities cause extra benefit or harm to welfare level, but are excluded from GDP.
- Inequitable distribution of per capita (average) GDP increases rich poor standard of living divide. So, the distribution effect ignored make GDP an inapt measure of average welfare level.
Real GDP adjusts the value of goods & services for price change (Inflation), it is a correct measure of increase in real flow of goods & services. GDP & health positive correlation is a favouring point for GDP as a measure of welfare. So, these options are incorrect.
Answer:
B) C and D
- C. Whole life insurance
- D. Annuities
Explanation:
Anti-Money Laundering (AML) regulations identified the following insurance products as covered products:
- Permanent life insurance policy, other than a group and term life insurance policy
- An annuity contract, other than a group annuity contract
- Any other insurance product with features of cash value or investment.
The AML's main goal is detect and stop terrorist financing.
Answer: marketing is a product is held in stores. Advertising or ad is to persude some to try somthing or buy it.
Explanation:
The correct answer is C.
For the equations to be balanced, the coefficients must make the number of atoms of the reactants and products the same across the equation. The other answer options leave the reactants having too many atoms and the product lacking. So the only properly balanced option is answer choice C.
So the completed balanced equation is:
4I2 + 9O2 -> 2I4O9
I hope this helps! :)
