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2 years ago

Per capita GDP is the most practical way to:

Business

1 answer:

leva [86]2 years ago

7 0

Answer:

b) Measure how much output is potentially available to the average person.

Explanation:

GDP is the total value of goods & services produced by an economy, during a period of time.

By Expenditure method :

GDP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Gross Domestic Capital Formation + Net Exports

Per Capita GDP is the average GDP per person in population.

Per Capita GDP = GDP / Number of population.

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Pickwick Production offered employees a defined-benefit retirement plan, in which retirees received benefits calculated on the b

julsineya [31]

Even though the company is no longer able to pay the retirees, they are still protected because The Pension Benefit Guarantee Corporation will pay a basic benefit. 

The Pension Benefit Guarantee Corporation:

Was created to protect the pensions of millions of Americans
Provides a basic benefit to pensioners who need pension payments when their companies no longer pay them

The basic benefit is a percentage of the benefits the retirees receive from their normal plan so it is not much. Retirees will often have to supplement this option.

In conclusion, The Pension Benefit Guarantee Corporation will pay out something to the retirees.

Find out more at brainly.com/question/7331178.

4 0

1 year ago

The country of Alaine produces 1,000 tons of corn during a year. It is valued at $500 per ton. A lobbyist for the corn industr

Debora [2.8K]

Answer:

D. Corn is not used in the production of other goods.

Explanation:

D is the only option that can be an argument for the total value of the corn produced to be included as corn for the same year in the GDP.

This is due to the fact that only the final production is recorded in the GDP, this means that no goods are registered that are going to be part of other productive processes (generally raw materials) since double accounting would be incurred.

If for example, corn were part of another productive process and this productive process begins next year, that part of the corn used to produce that good would be included in the GDP of the year in which the product will be produced (the one that corn is used in the production).

This means that the lobbyist can only rely on option D (include all the value of corn for the year in which it was produced) if in this country the corn is not part of another productive process.

5 0

3 years ago

With an in-kind donation, donors donate time cash nothing goods or services

sattari [20]

Goods and services

Hope I helped

6 0

2 years ago

Part U16 is used by Mcvean Corporation to make one of its products. A total of 14,000 units of this part are produced and used e

Rus_ich [418]

Answer:

$13400

Explanation:

Workings

Unit of of production

Direct materials - 3.10

Direct labor - 7.70

Variable manufacturing overhead - 8.2

Supervisor's salary - 3.6

Depreciation - 2.00

Allocated general overhead 7.20

Total cost - 31.8

Cost per year = 31.8*14000

445,200

Cost of buying = 25.50

Allocated general overhead - 7.20

Total cost =32.7

Annual cost 32.7*14000 = 457800

Annual opportunity cost of internal production = 26,000

The overall advantage of buying = 26000 - (457800-445200)

= 13,400

6 0

3 years ago

Attitudes are a person's lasting evaluations of objects True false

kkurt [141]

Answer:

False

Explanation:

7 0

1 year ago