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3 years ago

Which of the following statements about GDP (gross domestic product) is TRUE?

Business

1 answer:

nasty-shy [4]3 years ago

3 0

Answer:

a) GDP measures the market value of final goods and services produced within a country.

Explanation:

Gross Domestic Product{ GDP} is the total market value of all the finished goods produced within the boundaries of a country at a specific time. GDP takes into account all products and services regardless of who produces them, be it locals or foreigners. In short, GDP is a measure of all domestic productions.

Economist uses GDP as a scorecard of a country's economic status. They use it to determine the growth rate of an economy and its size.

Investors and business people will use GDP in the decision-making process. They will want to invest in industries or countries that are growing. A steady rise in GDP signifies that the economy is doing well and growing. A decrease in GDP will indicate a recession.

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Which of the following is included in the consumption component of U.S. GDP? Question 12 options:

frosja888 [35]

Answer:

Answer is option b, i.e. purchase of natural gas by U.S. households.

Explanation:

Consumption component of U.S. GDP includes purchase of various durable goods, non-durable goods, and also various intangible services. But anything that is purchased as a means of investment rather than for personal consumption is not regarded as consumption component in GDP. Here, purchase of newly constructed houses is an asset and thus, is not included in these components. Similarly, purchase made for business purposes is also excluded from the list of consumption components.

8 0

3 years ago

Transferring responsibility of operations to another authority (such as, un observers, multinational peacekeeping forces, or nat

Helen [10]

I believe the answer is: Enable phase

During the enable phase, a company would evaluate the progess and determine additional planing necessary to ensure that the operation run smoothly. Often times, transferring responsibilities to another organization that had larger jurisdiction would be seen as a more appropriate decision.

8 0

3 years ago

Consider a business that can be run using a make-to-stock or make-to-order process. Further suppose that your demand is 10000 pe

Scorpion4ik [409]

The best choice would be Choose Make-to-Order Process.

Option b

<u>Explanation:</u>

Make to order (MTO) also known as made to order, is a type of business production strategy which allows the customers to buy the products that are designed or customised based on their own specifications.

In simpler words, this process involves the production of customised goods after the consent of the consumers.

Here it has been mentioned that the demand is 10,000 units per month and the capacity of the company production is 15,000 units. So, it can be inferred that the company would have enough time to produce the goods based on the desirability of the customers. (customised products).

Therefore, the best choice would be Choose make-to-order process.

6 0

3 years ago

An activity that is unique to government

vodomira [7]

<span>Please add answer options.</span>

7 0

3 years ago

Dave Docket, the installation manager at Kleen Waterproofing, receives a high number of customer complaints that several crewmem

Lunna [17]

Answer:

Option b:. have lower job performance due to poor role perceptions.

Explanation:

Perception is the process by which individuals viee, organize and interpret their impression logically or sensory so as know or understand meaning to their environment.

Poor perception of Job in the workplace is simply known as employee do not understand what their role should be in that environment. So, they tend to not give their best or have a reduce performance. The best the is to educate the employee more. List out their role for easy understanding. They should ask questions on what their role entails.

3 0

3 years ago