All categories

3 years ago

Why is it important to compute real GDP?

Business

1 answer:

levacccp [35]3 years ago

3 0

Answer:

C. To find out if there is a change in the actual number of goods, services, and structures produced from one year to the next

Explanation:

Real GDP calculates the monetary value of all goods and services that a country produce within one year after adjusting it to inflation or deflation.

Knowing Real GDP often used as a measurement to find out the economic growth of a country. If the Real GDP is increased, it indicates that the people in that country become more productive and it is most likely that their disposable income is also increased.

You might be interested in

The price of one country currency expressed in another country currency definition

Salsk061 [2.6K]

The price of one country's currency expressed in terms of another country's currency is: A. by definition, one unit of currency. ... A. exchange rate between the U.S. dollar and another currency. B. exchange rate between two currencies, neither of which is generally the U.S. dollar.21

8 0

4 years ago

How to delete a car from your state farm insurance

s2008m [1.1K]

Answer:

hack

Explanation:

hack into the system and move it off your perminate recorder you won't be able to delete it

7 0

3 years ago

Read 2 more answers

Christine has obtalned a job pltching a product at a local state fair. Her job is to demonstrate cookware, highlighting Its feat

TEA [102]

Answer:

Explanation:

In marketing , it is believed that the values a product offers go a long way to influence the customer's decision about the product.

One aspect of customers value proposition (CVP) that Christine based her selling approach on is all benefits approach

All benefits approach is an aspect of CVP where the seller attempts to reveal every benefit attached to the product being sold . This explains why Christine had to go as far as cooking to prove the benefits of the cookware to customers.

Moreover , this particular approach needs less or little information about the customers and even competitors.

4 0

3 years ago

Direct Materials Purchases Budget Pasadena Candle Inc. budgeted production of 775,000 candles for the January. Wax is required t

andrezito [222]

Answer:

952,583

Explanation:

Note: The desired December 31 wax inventory is 14,300 pounds. If candle wax costs $1.80 per pound, determine the direct materials purchases budget for January is the correct words

Pasadena Candle Inc.

Direct Materials Purchases Budget

For the Year Ending December 31

Pounds of wax required for production:

Candles (775,000*11/16) 532,813

Add: Desired ending inventory, 14,300

December 31

Total units available 547113

Less :Estimated beginning inventory, 17,900

January 1

Total pounds to be purchased 529,213

Total direct materials to be purchased = Total pounds to be purchased * Unit price

Total direct materials to be purchased = 529,213 * $1.80

Total direct materials to be purchased = 952,583

3 0

3 years ago

the state transferred ownership of property to roger and pauline. which transfer document would the state agency use?

elena55 [62]

The state transferred ownership of property to Roger and Pauline, the transfer document that the state agency will use us a deed of assignment.

<h3>What is a deed of assignment?</h3>

It should be noted that the deed of assignment simply means an instrument that's used to illustrate that a transfer has taken place.

Any property transaction needs a deed of assignment because it serves as the primary record between the seller and the buyer proving that all negotiations, inquiries, and other required due diligence have been made, the purchase price has been paid, and all other prerequisites have been met.

In this case, the state transferred ownership of property to Roger and Pauline, the transfer document that the state agency will use us a deed of assignment.

Learn more about assignment on:

brainly.com/question/13858252

#SPJ1

7 0

2 years ago