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saw5 [17]
3 years ago
14

Which of these states had the LOWEST increase in Real GDP in 2014? A) Idaho B) Georgia C) Nevada D) Hawaii

Social Studies
2 answers:
gulaghasi [49]3 years ago
6 0

Answer:  <em> D) Hawaii</em>

<em />

Explanation: <em>Of the states listed as choices, Hawaii had the lowest increase in Real GDP in 2014. Hawaii's increase was 0.6 percent. Out of the answers listed, Idaho had the largest increase, at 2.7 percent.</em>

aleksklad [387]3 years ago
4 0

The correct answer is D. Hawaii had the lowest increase in real GDP in 2014.

In 2013, Idaho had a GDP of 60,854 million dollars; in 2014 it increased to 63,309 million. It increased 2,455 million dollars.

Georgia had in 2013 a 454,238 million dollars GDP; but in 2014 it went to 479,138 million dollars. It had an increase of 24,900 million dollars.

Nevada produced 128,205 million dollars in 2013; its production was increased to 133,071 million in 2014. It increased 4,866 million dollars.

Hawaii had a 74,630 million dollars GDP in 2013; it increased to 77,035 million dollars in 2014. It increased 2,405 million dollars.

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The correct answer is negative

Explanation: Negative reinforcement is a term described by BF Skinner operant conditioning theory. In negative reinforcement, a response or behavior is reinforced by stopping, removing or avoiding a negative result or aversive stimulus.

<em> Aversive stimuli</em> tend to involve some kind of discomfort, whether physical or psychological. Behaviors are negatively reinforced when they allow you to escape aversive stimuli that are already present or allow you to avoid aversive stimuli completely before they happen.

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Answer:

  1. Gains from trade
  2. Consumer Satisfaction
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Explanation:

According to Investopedia, specialization is a method of production where an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency.

A country can specialize on the production of a particular commodity or service that is peculiar to their part of the world giving them the opportunity to become very efficient and have more opportunities for growth. Some of the benefits of specialization in a country include;

  1. Economies of scale/ greater efficiency: A country that is involved in specialized production will have very efficient production because the more focus they have on one task, the more efficient they become at this task which reduces the time and money involved in producing a good.
  2. Gains from trade: Two countries that both have comparative advantages on different products will benefits greatly if they continue in their specialized products and trade. For example country X produces fabric at a very cheap rate and country Y produces rice at a very cheap rate. It will cost country X a greater amount to start rice production than to just trade and get rice from country Y and vice versa. So both countries benefit from specializing and trading.
  3. Growth Opportunities: A country can gain access to the world market which allows them to grow bigger and in turn increase their efficiency.
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