1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bogdan [553]
3 years ago
11

1.If GDP is a good measure of well-being, why is Switzerland’s GDP so much lower than India’s GDP or China’s GDP?

Business
1 answer:
Greeley [361]3 years ago
3 0

<u>Solution and Explanation:</u>

The national salary itself tells practically nothing; Switzerland's Gross Domestic Product is a lot of lower than that of India or China, yet Swiss residents have one of the most elevated expectations for everyday comforts on the planet. The distinction, obviously, is the populace. Switzerland is a little nation, so national pay is generally little, in spite of its riches. The proper examination is per capita GDP.  

Prosperity can be estimated straightforwardly in an assortment of ways: Health care, Security, Freedom of decision Food Education. These are absolutely preferable measures over cash salary, however, they can be hard to gather and decipher.  

While per capita GDP doesn't legitimately gauge prosperity, it very well may be utilized as an intermediary for direct measures. The wealthiest nations have per capita earnings more than multiple times higher than the least fortunate.  

<u> The following measures can be utilized to analyze the prosperity of various nations.  </u>

Wellbeing Care: Measures, for example, populace per doctor can give a general thought of the degree of human services accessible in a nation. Rich nations regularly have from 400-600 individuals for each specialist. The most unfortunate nations frequently have in excess of 5,000 individuals for every specialist.  

Life Expectancy: Life hope measurements basically condense the normal adequacy of social insurance. In rich nations, the normal future is about eighty years. In poor nations, it's a little more than fifty.  

Food: Using everyday calorie supply per individual legitimately gauges the general measure of nourishment accessible. In rich nations, 3,000 calories (or higher) is a run of the mill figure. A considerable lot of most unfortunate nations have just 2,000 calories accessible. The World Health Organization appraises that 2,600 calories for each day are required for fundamental nourishment.  

Education: Literacy rates show the most fundamental degree of training. In well off nations, proficiency paces of 99% are normal. In the most unfortunate nations, education rates run structure 35-65%.

You might be interested in
Which of the following is something you can do to protect yourself from being pinned?
solmaris [256]

the answer is B, hope this helps.

7 0
3 years ago
Read 2 more answers
If the credit balance of the Allowance for Doubtful Accounts account exceeds the amount of a bad debt being written off, the ent
Firlakuza [10]

Answer:

d.No effect on the expenses of the current period.

Explanation:

In the case when the credit balance of the allowance for doubtful debt more than the bad debt amount i.e. written off

So the entry for writing off against the allowance would result in no effect on the expense for the present period

As the bad debt expense is debited and the allowance for doubtful debt would be credited therefore the option d is correct

4 0
3 years ago
You are trying to save up for a spa package that costs $300. After looking at your paycheck, you decide that you will be able to
OlgaM077 [116]

Answer:

Short term

Explanation:

A short term goal is a mission that one wishes to accomplish in the immediate future. In general, short goals are achieved within one year. Plans or objectives that are set to be fulfilled within one year or less are short-term goals.  Another example of a short term goal is the purchase of household furniture.

The spa package budget will be achieved in six weeks, thereby qualifying as a short term goal. Long-term goals contrast short term goals as they take longer than one year to achieve.

4 0
3 years ago
Read 2 more answers
Roselawn Company reported net sales of $90,000 and net income of $18,000 for the previous year ended December 31. The company re
gregori [183]

Answer:

The company’s profit margin for the current year ended December 31 (rounded to the nearest decimal point) is 20%

Explanation:

Use the following formula to calculate the Profit Margin

Profit Margin = \frac{Net Income}{Net Sales} X 100

Where

Net Income = $20,000

Net Sales = $100,000

Placing values in the formula

Profit Margin = \frac{20000}{100000} X 100

Profit Margin = 0.2 x 100

Profit Margin = 20%

5 0
3 years ago
Why would anyone select a bank that has unfavorable overdraft policies
OlgaM077 [116]

Answer:

The person may not have options due to age and distance and disabilities.

Explanation

6 0
2 years ago
Other questions:
  • The use of communication technologies such as videoconferencing and networks has enabled increased
    14·2 answers
  • Tracy's is a chain of hair dressing salons for women. they use television, magazines, radio, and newspapers to advertise their s
    9·1 answer
  • Explain how incentives and the limited role of government function in a free enterprise system.
    5·1 answer
  • When a perfectly competitive firm finds that its market price is below its minimum average variable cost, it will sell A) the ou
    10·1 answer
  • An advantage of obtaining long-term funds by issuing additional stock, instead of issuing bonds is? Multiple Choice 01:22:21 - O
    7·1 answer
  • When writing a ____________________ one could state how often a supplier will provide a service or how quickly a firm will respo
    7·1 answer
  • Below is a list of prices for zero-coupon bonds of various maturities. Maturity (Years) Price of $1,000 Par Bond (Zero-Coupon) 1
    13·1 answer
  • PLEASE HELP ASAP::::
    15·1 answer
  • When you don't take time to plan how you will spend what you earn each month, you
    10·1 answer
  • Firms consider pursuing various ______ as part of their overall growth strategies.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!