<span>A few of the tools economists use to evaluate the macroeconomy are supply and demand graphs, unemployment charts, and inflation vs. deflation graphs. They measure this by Gross Domestic Product(GDP), a national pole of who is employed, and also consumer reports to see what is being purchased most versus least.</span>
Answer:
The correct answer is GDP would definitely increase because GDP excludes leisure.
Explanation:
The GDP does not measure the level of development of a country, nor does it measure the quality or level of its educational system or its health. Come on, that the quality of life in general is not measurable by GDP, although it is true that countries with a higher GDP per capita can afford better health or education services, as well as better infrastructure and services in general.
It does not measure the state of the environment or the damage caused to it or natural resources by the economic activity carried out. In other words, GDP does not report externalities, that is, it does not reflect the total social benefits and costs derived from economic activity.
GDP does not measure the quality of the goods and services produced. The GDP figures are only numbers that do not take into account exactly what is being produced or what is the quality of what is produced. This prevents, for example, comparing production between different eras. Does a computer add up to GDP now than in the 80s? The answer is no. Does a country of services add up to an oil exporter? The answer is also no.
It ignores the value of elements that contribute to maintaining the level of well-being of the population, such as leisure or freedom. In freer countries or in which its inhabitants have more leisure time and better options in which to invest it, well-being is much greater.
Answer:
It will take 27.56 years to gain $196,000.
Explanation:
Giving the following information:
Future value (FV)= $196,000
Present value (PV)= $46,000
Interest rate= 5.4% = 0.054
<u>To calculate the time required to reach the objective, we need to use the following formula:</u>
n= ln(FV/PV) / ln(1+i)
n= ln(196,000/46,000) / ln(1.054)
n= 27.56
It will take 27.56 years to gain $196,000.
Answer: Both Arianna and Alexander
Explanation: This is a general partnership. In a general partnership, all partners are personally liable for all business debts. They do not need to have any agreement to be partners or register their partnership formally to enter into a general partnership. The fact that they share an office, have a joint sign and an account is sufficient to establish this form of partnership.
Also, in a general partnership, each partner is held severally liable, that is if one of them is liable to pay a business debt and cannot afford to pay, the other partner has to.
Answer: Loan-able funds market
Explanation:
The loan-able funds market is one of the type of economics based market that helps in determining the various types of supply an the demand loan- able funds in the market.
The borrowing an the crediting are the process that comes under the loan-able funds market activities. In this process, the people are borrowing the funds for the investment purpose instead of using in the personal consumption.
Therefore, Loan-able funds market is the correct answer.
