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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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If a retailer needed help with store design and training sales personnel, it would most likely use the services of a full-service wholesaler.

A service is "an act or use for which a consumer, commercial enterprise, or authorities is inclined to pay." Examples include paintings by way of hairdressers, medical doctors, lawyers, mechanics, banks, coverage organizations, and many others. Public offerings are paid for by society as a whole.

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6 0
2 years ago
What are the two most critical things you should do before you perform a job
dlinn [17]
Safety & knowledge of the job
8 0
4 years ago
Price serves as a a. rationing device. b. transmitter of information. c. means of determining who gets what of the available lim
enot [183]

Answer:

e. all of the above

Explanation:

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8 0
3 years ago
There are two parties in any lease contract—the lessee and the lessor. To a lessor, a lease analysis involves a capital budgetin
inn [45]

Answer:

a, b

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In order to be cost efficient, he might as well determine the net cash outlay of the lease agreement.

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Arlecino [84]

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