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2 years ago

gdp is the best measurement of a country's economy. explain why you agree or disagree with this statement

1 answer:

3 0

GDP is designed to assess the production of goods in a market economy by output. However, it is not efficient in accounting for public and private services that without output that are easily countable by the number of units produced. GDP is not also well suited in measuring improvements in the diversity and quality of goods and services. It is also poor in estimating the depletion of resources. Finally, it doesn't also reflect the degradation of the environment involved in the production process.

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Wildcat Co. purchased, on open account, 4,000 pounds of direct materials at a total cost of $20,200. The standard cost of these

Pepsi [2]

Answer:

Explanation:

The pictures attached shows the full explanation

3 0

2 years ago

Which of the following tools is an example of monetary policy?

loris [4]

Answer:

Explanation:

B C and D have become tools that have been tried.

Deficit spending is a budget/government policy. Its use should be very limited.

Same with Increased Government Spending. FDR was the master at controlled government spending.

Reducing income taxes is another government policy.

So only A is an example of monetary policy. This is a regulation imposed on the Banks by the Federal Reserve.

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2 years ago

Read 2 more answers

Both Projects A and B are acceptable as independent projects. However, the selection of either one of these eliminates the optio

Slav-nsk [51]

Answer: Mutually exclusive

Explanation:

In probability theory and logic, two propositions or events are disjoint or mutually exclusive if both events cannot occur at the same time. An example is the outcomes derived from the single toss of a coin which either be head or tail

In the project example given, the theory used is called mutually exclusive since both projects can not be chosen at the same time and it is only one project at w time. Mutually exclusive events are also called independent events since they have no effect on the viability of the other options.

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2 years ago

Beginning January 1, Community Hospital had 150 inpatient beds. On July 1, the bed count was increased to 200. From January 1 to

Mamont248 [21]

Answer:

A=167.74

B 96.15%

C 95.43%

D 1.02 days

Explanation:

A)No of days in the year = 365

Total no of services days = 26106 + 35120 = 61226

Average daily census = 61226/365=167.74

B) Bed occupancy rate for January - June 3.

= Total number of inpatient days * 100/ Available beds * number of day

=26106*100/150*181=96.15%

C)Bed occupancy rate for July - December=

Total number of inpatient days * 100/ Available beds * number of day

35120*100/200*184 = 95.43%

ALOS (Average length of days)=Total inpatient days /Total Discharges

61226 + 9601/59788 + 9588= 1.02days

7 0

2 years ago

Which of the following are in accordance with IFRS? Cash basis accounting Both accrual basis and cash basis accounting Neither a

Anton [14]

Answer:

Accrual basis accounting

Explanation:

Under Accrual basis of accounting, income is recognized when it is earned and not when actual cash is paid or received.

Under cash basis of accounting, income is only recognized when actual cash is received.

Accrual basis of accounting ensures transactions pertaining to a period are recorded in that period and it depicts more accurate financial picture unlike in cash accounting wherein income for a period might be overstated or understated.

Following cash basis of accounting is not in accord with both US GAAPs (generally accepted accounting principles) and IFRS.

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2 years ago