Answer:
B
Explanation:
Real GDP measure total economic output by an economy in a specific geographical boundary regardless of ownership of factors of production, within a year, ceteris paribus.
Real GDP is a good indicator but is not a perfect indicator as underground economy (private tuition whereby taxes and consumption of goods and services) are not accounted for.
Real GDP does not measure Non-Material standard of living like leisure hours, health and life expectancy... It needs other indicators.
Both B and D is a bit effy as:
For D, GDP does not even measure such Non-Material SOL
For B, GDP is not 100 percent accurate on measuring household production (local production? I believe there is no such phrasing as household production as by economics, household is involved in household spending, Contributing to Consumption expenditure in Aggregate Demand.) as there are other factors like presence of underground economy that is not accounted for.
However, B seems like the most accurate ans as it still measures national output.
Answer:TRUE
Explanation: Standard deviation is the rate of spread of numbers or values around the Mean of the numbers or values, it can also be described as the square root of the variance of a set of numbers or values. In financial analysis, the rate of return is the amount net income of a business entity over a given period of time. A risk averse investor is an investor who will try as much as possible to avoid risk even with high profit investment.
So for a risk average person to take on the investment with higher standard deviation it means the rate of return will be Higher.
Answer:
a. 2017 ⇒ 1.50
2016 ⇒1.58
b. Deteriorate
Explanation:
a. Current ratio 2017
= Current Assets / Current liabilities
= 6,708,700 / 4,470,000
= 1.50
Current ratio 2016
= 5,848,000 / 3,700,000
= 1.58
b. The current ratio went from 1.58 in 2016 to 1.50 in 2017 which would mean that it deteriorated.
Answer:
Proofread for punctuation errors (it's a must!!), Jot down reasons that explain the bad news (I think), Organize your ideas (I think)
Explanation:
I think: Jotting down the reasoning helps/support the information (specifically) the bad news. Organizing your ideas helps to keep everything you write on track and ideas you want to mention always start from check-point A to check-point B and so forth.... (It's my thoughts of an answer)
