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kipiarov [429]
3 years ago
10

Using real GDP to compare the level of economic well-being in two countries may be misleading because the value of ______ contri

butes to economic well-being, but is excluded from real GDP.
a. capital goods
b. services
c. leisure
d. formal education
Business
1 answer:
julsineya [31]3 years ago
7 0

Answer:

The correct answer is letter "C": leisure.

Explanation:

In Business, leisure can be defined as the time people spend when they are not working or engaged in economic activities. With no doubt, the time people spend off work determines how they can perceive their well-being. Though, as the Gross Domestic Product (<em>GDP</em>) of a country is considered to measure people's well being but as the GDP does not include leisure, the GDP source might not be the most accurate for that purpose.

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The flow of money received on a sometimes a weekly, monthly, or yearly basis is known as __________.
morpeh [17]
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Salary is the compensation employees received from their employers. It can be weekly, monthly, or yearly basis depending on the contract agreement between the two parties.
4 0
3 years ago
The table below lists the insurance options offered by AA Auto Insurance. Calculate the monthly payment for an insurance plan in
Gala2k [10]

The selection of the best answer from the choices provided for an insurance premium offered by the AA Auto Insurance is <em>a. $50. 04</em>.

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8 0
2 years ago
Read 2 more answers
Which form of business ownership is the most complex and difficult to form, and why?
Finger [1]
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Hope this helped though! 
6 0
4 years ago
Are presentational aids and visual aids the same thing? Support your answer.
Anastasy [175]

Answer:

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Explanation:

7 0
3 years ago
When President Obama was president he had discussed raising income taxes for individuals earning over $250,000 in income. Explai
Allisa [31]

Answer:

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B)

i) Change in input price

ii) Change in production cost

iii) Increase in labor supply or increase in capital stocks

Explanation:

A) Effects of higher income taxes on aggregate demand curve

i) Higher income taxes will cause a decrease in disposable income and this will affect personal expenditure which will cause the aggregate demand curve to shift leftwards ( decrease in price level and real GDP )

B) The factors that will cause the short-run aggregate supply curve to shift

a) Change in input price

b) Change in production cost

c) Increase in labor supply or increase in capital stocks

7 0
3 years ago
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