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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.

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According to the AD-AS model, if the economy is initially at its long-run potential growth rate, then a temporary increase in th

ivann1987 [24]

Answer:

C:an increase in both the inflation and real growth rates in the short run.

Explanation:

According to the AD-AS model, if the economy is initially at its long-run potential growth rate, then a temporary increase in the growth rate of investment spending will cause an increase in both the inflation and real growth rates in the short run.

8 0

3 years ago

Fern invested $6400 into a continuously compounded account with an interest rate of 1.5%. After 10 years, how much is the accoun

777dan777 [17]

Answer:

FV= $7,435.74

Explanation:

Giving the following information:

Initial investment= $6,400

Interest rate= 1.5%

Number of periods= 10 years

<u>To calculate the value of the account in ten years, we need to use the following formula:</u>

FV= PV*e^(i*n)

FV= 6,400*e^(0.015*10)

FV= $7,435.74

6 0

3 years ago

Brett owns investment land located in Tucson, AZ. He exchanges it for other investment land. In which of the following locations

andriy [413]

Answer:

F. None of The Above

Explanation:

Real property located in the United States exchanged for foreign real property (and vice versa) does not qualify as like-kind property.

4 0

2 years ago

When __________ funds are set aside (idling the excess) and government does not spend the money nor apply it to past debt, this

finlep [7]

When surplus <span>funds are set aside (idling the excess) and the government does not spend the money nor apply it to past debt, this action does not cause expansion or contraction.
That statement is true. Expansion or contraction happens when the amount of Government budget is accumulated or decreased as the result of last year's operations</span>

7 0

3 years ago

In terms of commonly traded organizational currencies, sharing tasks that increase someone's skills and abilities and letting ot

saveliy_v [14]

Answer:

Personal

Explanation:

Personal related currencies refers to the currencies that deals with the insipitration and the morality, vision, strength. It basically shows the needs of the person nd the value that actually what person could do

Since in the question it is mentioned that the if the tasks are shared that rise the skills and ablities of the person than this would represent the personal related currencies and hence the same is to be considered

3 0

3 years ago