The gross domestic product<span> (</span>GDP<span>) is one of the primary indicators used to gauge the health of a country's economy. It </span>represents<span> the total dollar value of all goods and services produced over a specific time period; you </span>can<span> think of it as the size of the economy</span>
Answer: Discount rates are used to determine today's value of money paid or received at some future time.
This calculation is used in the cost-benefit analysis in order to place all economic flows of a project that occur at different points in time into a single year currency so that costs and benefits can be compared.
The rates used are typically around 10%, but try to analyze them with other rates between 5% and 15% to determine if the viability of the project is sensitive to the discount rate. It is defined by World Bank or the government of the country concerned.
Price support will be beneficial to producers but costly to consumers.
Price support refers to efforts by a government to keep the price of a commodity higher than it should be were it priced based on supply and demand.
Ways the government can do this include:
- Subsidies
- Production quotas - limiting the quantity produced
- Price controls
Price supports make prices higher than they should be which would give producers more profit therefore tennis racket producers benefit.
On the other hand, they make things more expensive for consumers who will be forced to spend more than they usually do on tennis rackets thereby making it costly to them.
In conclusion, price controls help producers but are costly to consumers.
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Answer:
you should wash your hands immediately after blowing your nose, coughing, sneezing, using the bathroom or touching surfaces in a public space. Wash your hands before eating or preparing food and before touching your face.
Explanation:
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If people are unaware of the potential dangers of a disaster, they will be less prepared for it because they do not know about it. Thus, they will be affected more. Poverty affects individuals more because they will not be able to rebuild or recover as easily due to a lack of money or resources.
