Answer:
True
Explanation:
The work of software developers is quite tough and confusing that is why the system of language was created to help them in their work. The system of language is known as a unified modelling language, it uses various diagrams to help them in solving various complex problems. This language provides a standard way to visualise the concepts that is why it is a logical structure of a database system.
Answer:
The value produced by doing your own laundry
The costs of overfishing and other overly intensive uses of resources
The leisure time enjoyed by households
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP calculated using the income approach sums up all the income earned by factors of production.
GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government Spending + Net Export
Government spending on building is measured in the calculation of GDP as part of government spending.
Services rendered to ones self is not included in the calculation of GDP. So, the value produced by doing your own laundry is not included in GDP.
The effects of externality and pollution aren't included in the calculation luation of GDP. So, the costs of overfishing and other overly intensive uses of resources.
Enjoyment isn't added in the calculation of GDP.
Other items and activties not included in the calculation of GDP include:
A. Illegal activities
B. Transfer payment by government
C. Intermediate goods
I hope my answer helps you
Answer:
The correct answer is the option: True.
Explanation:
To begin with, the GDP per capita is a monetary measure that establishes the value of the final goods and services produced in an economy divided by the total amount of citizens within that particular economy, therefore that it measures the amount of production that an individual inside that country produces.
Secondly, the living standards refers to the combination of factors that determinates the quality of life inside a certain economy, therefore that with higer level of living standards the life inside a country is better for most of the individuals within and lower living standards determinates that the life in a country is not so good as others. Moreover, <u><em>this type of measure is affected by the GDPs per capita</em></u> of the economy and therefore that a low GDPs per capita impacts in a low living standard and a high GDPs per capita determinates a high living standard.
