An extended period of little or no growth in GDP, wages, and prices is a period of stagnation.
When real economic growth is less than 2% annually it is considered stagnation. Stagnation is a prolonged period of little or no growth in an economy. This no growth economic period affects various sectors of the economy such as GDP, wages, prices etc.
Stagnation can occur as a temporary condition, such as a growth recession or temporary economic shock. Stagnation is a situation which occurs within an economy when total output is either flat, declining, or growing slowly.
Hence, stagnation in economy can occur due to a number of causes.
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Answer:
The correct answer is letter "C": average person in the economy.
Explanation:
The Gross Domestic Product (GDP) measures the level of output of a country given a certain period -by quarter and year, usually. It considers <em>government expenditures, private investments, consumer spending, </em>and <em>net exports </em>(exports minus imports).
The GDP per capita represents the GDP per person and is calculated by dividing the GDP by the population of a country. GDP per capita represents an approximate of the expenses of an individual. Smaller richer countries such as Luxembourg or Switzerland tend to have higher GDP per capita.
Answer:
Classical
Explanation
Classical view point in management is very essential because it brings about increase in productivity, it involves making use of scientific method as well as job specialization among the employee to achieve common goal of the organization.
It should be noted that Classical viewpoint regards the organization as arrangements of interrelated parts that operate together to achieve a common
Answer:
If closed the operating income will decrease by 50,000
Is a better scenario to continue with the residential sercives
Explanation:
<em><u>current scenario:</u></em>
contribution margin 450,000
Fixed Cost 480,000
net loss 30,000
<em><u>drop scenario:</u></em>
contribution margin = 0
fixed cost 450,000-370,000 = 80,000
net loss (80,000)
Answer:
The Answer is B. Quantitative data
Explanation:
The testing on the golf club, determined a improvement in the driving distance and this was measured numerically and showed in form of a percentage in comparison with average measurements.
When the information is presented with numerical data support, we can say its a quantitative data, because it tells us "how much?".
When the information is presented just with adjetives, telling us about the performance its a qualitative data, because it tell us "how things happened?"
A control variable is the data that is going to modified in order to see changes is the independent variable. In this case, the control variable could be the weight of the club (assumption), and the independent variable the driving distance data(not percentage).
