The real GDP will decrease by $500 billion.
<h3>
What is GDP?</h3>
A country's gross domestic product (GDP) is the sum of the market values of all the finished goods and services produced within its borders during a specific time period. As a general measure of all domestic production, it provides a comprehensive evaluation of the economic health of a specific nation. GDP is frequently calculated on an annual basis, although it is also occasionally approximated on a quarterly basis. For example, the US government generates an annualised GDP estimate for the entire year as well as each fiscal quarter. Each item of data in this report is supplied in actual terms, which allows for the calculation of the data to account for price changes. The result is data that is net of inflation.
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Option B, Company B uses just in time inventories and produces made to order products as and when customer demand rises.
<u>Explanation:</u>
A cost leader is the business unit that induces the cost increase. Cost driver is any factor that causes an operation price transition.
Examples of cost drivers are: direct work hours of labour.
The analysis of the value chain can assist companies in different ways.
This can create changes within a company, the goods, services and links it offers to other companies and customers. The US Postal Service (USPS) describes that the aim of the assessment of the value chain is to "make value that exceeds the cost and produces gross margin."
Answer:
The correct answer is D.
Explanation:
The term social responsibility can be defined as an ethical framework or idea where the individuals and organizations feel obligated to work for the benefit of society at large. They feel accountable to a larger society.
We know that a trade-off exists between economic growth and the welfare of society. The idea of social responsibility is to make an equilibrium between these two such that both economic growth and social welfare is achieved.
This idea is not only limited to organizations but to anyone whose actions affect the environment.
Infrastructure are buildings and facilities that support and serve the society. (Electric grids, sewer systems, roads, airports, railroads, etc.)
Answer:
The correct word for the blank space is: policy protection; corrections.
Explanation:
Policy protection is related to the regulation of individuals' reckless behavior such as <em>abuse or trafficking of drugs, theft, domestic violence, school safety, and juvenile misbehavior</em>. Local governments -counties and districts- have the power to enforce law over those matters until their jurisdiction allows it.
Criminal corrections involve all the penalties a state must impose on individuals who committed improper behavior and were against the law, thus, they must be punished.
