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3 years ago

Real GDP per capita is NOT an adequate measure of

Business

1 answer:

mrs_skeptik [129]3 years ago

5 0

Answer:

The correct answer is the well-being of each person in an economy.

Explanation:

Also known as the "Standard of living", this is something that cannot be reflected from the per capital income, whether it's nominal or real. The reason is when you divide the GDP from the population, the assumption is all the GDP is distributed among the population equally.

But this is not the case in the real world and there are many variances, discrimination, discrepancies and inequalities when the wealth and resources are distributed.

You might be interested in

Which category would be the combination of employee benefits in payment for under

Bess [88]

The category would be,

1.) House Rent allowance

2.) Medical Allowance

3.) Conveyance Allowance

4.)Basic Salary

8 0

2 years ago

What term was coined by Goldman Sachs in 2001 to describe the fastest growing market economies?

julsineya [31]

BRICS is an acronym for the economies of Brazil, Russia, India, China, and South Africa combined, which in 2001 were the fastest growing major economies in the world.

3 0

3 years ago

After the accounts were adjusted at January 31, 2010, the end of the fiscal year, the following balances were taken from the led

Deffense [45]

Answer:

fees earned 116,400 debit

income summary 116,400 credit

--to close revenues account--

Income summary 81,050 debit

Wages Expense 29,000 credit

Rent Expense 43,000 credit

Supplies Expense 7,300 credit

Miscellaneous Expense 1,750 credit

-- to close expenses accounts--

Income summary 5,000 debit

Dividends 5,000 credit

-- to close dividends accounts--

Income summary 30,350 debit

Dividends 30,500 credit

-- to close income summary account--

Explanation:

on accounting we close the temporary accounts which are:
revenues
expenses
dividends

To do so, we will use an auxiliary account called income summary.

Once we close this we calculate the blaance of income summary using a T-account:

income summary

debit credit

81,050 116,400

5,000

Balance: 30.350‬

And close it as well against retained earnings

6 0

3 years ago

Alan's employer maintains a long-term disability income plan on which it pays all premiums. Last year, Alan received $40,000 in

Margarita [4]

Answer:

$40,000

Explanation:

If Alan had paid the disability insurance himself, then disability income would not be taxable. But since Alan's employer paid the disability insurance premiums, then any disability payments that Alan received must be included in his gross income and are taxable.

6 0

3 years ago

A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is rs = 10.5%, and the expect

kipiarov [429]

Answer:

$18.29

Explanation:

It is very simple as per the question to calculate the current stock price.

The formula for calculating the Stock price is,

P = D/(r-g)

Hence, we calculate as follows,

Price = 0.75/(0.105-0.064)

Price = 0.75/0.041

Price = $18.29

Good Luck.

5 0

3 years ago