All categories

3 years ago

Does a rising GDP benefit everyone? Explain

1 answer:

3 0

Answer:When a country's GDP is high it means that the country is increasing the amount of production that is taking place in the economy and the citizens have a higher income and hence are spending more. However, increase in GDP does not necessarily increase the prosperity of each and every income class of the nation.

Explanation:

You might be interested in

All of the following factors combine to help determine whether a vehicle is a value except: Low price. High quality. Level of st

RUDIKE [14]

Answer:

Both low price and high quality.

Explanation:

The characteristics that make a product or service have a perceived value for the consumer, are the various functionalities and benefits that satisfy the needs and desires of the customer. Such benefits are independent of the price of the product or quality, since value is a set of rational or irrational attributes that the consumer perceives, such as the brand image, experience, functionality, product benefits, etc.

Value creation is variable for each consumer group, as each person perceives value as a set of specific attributes that satisfy their desires, so it is not possible to classify low price or high quality as value determinants, as these characteristics change according to the consumer's style.

Therefore, for a company to deliver value to the consumer, it is essential that it conducts segmentation studies and identification of its target audience and from there develop strategies aimed at creating value for its audience.

7 0

3 years ago

Jarrod receives a scholarship of $18,500 from Riggers University to be used to pursue a bachelor's degree. He spends $12,000 on

kodGreya [7K]

Answer:

Jarrod exclude from his gross income of $13,500

Explanation:

The following items which are excluded from the gross income are:

1. Tuition = $12,000

2. Books and supplies = $1,500

The total amount would be equal to

= $12,000 + $1,500

= $13,500

These items would be excluded because the deduction is allowed for these items. Whereas, the room and personal expenses are taxable. Hence, it would be included in the gross income

8 0

3 years ago

Dan is the President of a major corporation. He is hiring a new Vice President, and while he knows Lauren is the most qualified

aksik [14]

The fact that Dan picked George over Lauren even though Lauren was the most qualified shows homosocial reproduction.

<h3>What is homosocial reproduction?</h3>

This refers to when people employ or choose people for a position that they feel are more like them.

Dan selected George over Lauren because he felt that George was more like him and so could be trusted better.

Find out more on employment bias at brainly.com/question/17368438.

#SPJ1

5 0

2 years ago

What is the total account dept as of the statement date called?

madreJ [45]

The total account Dept as of the statement date is known as the balance.

3 0

3 years ago

gHenderson Ski Co. prepared a master budget that included $21,360 for direct materials, $33,600 for direct labor, $18,000 for va

Oksana_A [137]

Answer:

Total cost= $170,472

Explanation:

Giving the following information:

Direct material= $21,360

Direct labor= $33,600

Variable overhead= $18,000

FIxed overhead= $46,440

Henderson planned to sell 2,000 units during the period, but sold 3,400 units.

First, we need to calculate the unitary variable cost:

Unitary variable cost= total variable cost/number of units

Unitary variable cost= (72,960/2,000)= $36.48

Now, we can calculate the total cost for 3,400 units

Total cost= total fixed cost + total variable cost

Total cost= 46,440 + (36.48*3,400)= $170,472

8 0

3 years ago