Answer:
1. C
2. B
3. D
Explanation:
Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.
Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).
The various factors that have an effect on the GDP of a country's economy are;
1. The Interest Rate Effect: As prices rise, the cost for businesses to finance new equipment increases, causing a drop in quantity demanded of real GDP.
2. The Wealth Effect: The purchasing power of money held in savings accounts falls as prices rise.
3. The Export Effect: As prices rise in the United States, foreigners purchase fewer U.S. goods.
<u>A. </u><u>Planning</u> is setting objectives and identifying methods to achieve those objectives.
<h3>How is planning linked to decision-making?</h3>
Planning occurs when future activities are considered in light of an entity's goals.
At the planning stage, the available and required resources are explored. It is the bedrock of management actions.
The purpose of planning is to arrive at the best decisions, which have factored into consideration all aspects of a project.
Thus, planning is intrinsically linked to decision-making because it aids decisions.
Learn more about planning at brainly.com/question/25453419
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<h3>Question Completion:</h3>
A. planning.
B. controlling.
C. performance evaluation.
d. decision-making.
Answer:
Certificate signing request
Explanation:
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Answer:
b. Bob listens to the radio station several hours per day but never donates since he suspects that other people will donate enough to keep the station on the air.
. Jim is working on a group project for a class in which he wants a high grade. However, since the grades are assigned to the group as a whole and he knows that the other group members will pick up most of the extra work, Jim calls in sick and plays video games on his Dream Station 64.
Explanation:
Free riding is when a person enjoys the benefit of a good or service but doesn't pay for it. This is a form of market failure.
Bob listens to the radio but doesn't donate and Jim would benefit from the grade given to the group but doesn't participate. These are instances of free riding.
Karl doesn't drive at night and so doesn't enjoy the benefits of the street light and doesn't pay. This is not an instance of free riding.
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