Answer:
the underground economy
Explanation:
Gross domestic product is defined as the monetary value of all goods and services that a country produces within a given period.
It is estimated by using income, expenditure, and production in markets.
However GDP does not consider the underground economy.
The underground economy is made up of transactions that are considered illegal or that do not meet up to the reporting requirements of the government.
In effect these are not reported in GDP so GDP is understated.
Answer:
B) discretionary income
Explanation:
Consumer discretionary income is defined as the income that consumers have after paying all their essential needs, e.g. food, rent or mortgage, utilities, etc.
Discretionary income is not equal to disposable income, since disposable income = gross income - taxes
Personal income = gross income, or total income before paying taxes
Answer:
A. Personal help and interaction wider.
Explanation:
Due to the physical contact and getting to physically recognise each other, the familiarity increase the level of personal relationship.
Answer:
Letter A is correct. <u>True.</u>
Explanation:
India and China are two emerging countries in the world economy, with significant annual economic growth, these countries have stood out on the world stage of international investment.
This has occurred because these countries are constantly expanding and because they have the two largest populations in the world.
Economic growth generates greater purchasing power for citizens and this attracts international companies. Another relevant issue is the reduction of bureaucracy in India and China for the establishment of companies in that country, as well as government incentives and cheap labor.
A Stock investment typically has a greater long-term rate of return than a savings account.
<h3>What is a Stock?</h3>
A stock is basically a financial investment that represents fractional ownership of a company or business. In other words, holding a company stock implies you own a percentage share of the business's potential success.
Hence, since there are many guiding factors that could make a once small company into a big company in the future, such as experiencing increased investor interests, etc, it thus makes a stock investment have a greater long-term rate of return than a savings account.
You can learn more about the investment types here brainly.com/question/3729664
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