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:

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What is big data? How can it improve data science

Paladinen [302]

Big data is a field that treats ways to analyze, systematically extract information from, or otherwise deal with data sets that are too large or complex to be dealt with by traditional data-processing application software.

<h2>How can it improve data science</h2>

Big data analytics examines large amounts of data to uncover hidden patterns, correlations and other insights. With today's technology, it's possible to analyze your data and get answers from it almost immediately – an effort that's slower and less efficient with more traditional business intelligence solutions.

hopw it helps

#carry on learning

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3 years ago

Suppose that the U.S. government deficit decreases, causing interest rates in the United States to fall relative to those in th

snow_tiger [21]

Answer:

A) Demand would increase

Explanation:

Interest rates and demand are inversely related, that is to say, if interest rates rise, demand decreases, and if interest rates go down, demand goes up.

The reason for this is that a lower interest rate means that loans are cheaper. As loans are cheaper, investments increase, and more investment means more aggregate demand because investment is one of its components.

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During valentine's week, more people buy chocolates and chocolatiers offer their chocolates in special red boxes which cost mor

nasty-shy [4]

Very true people make more money when it gets closer to the date and it gets more expensive

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4 years ago

Andrew owns a popular, but expensive Chinese restaurant. In order to introduce more people to his brand, he offers a series of o

lana66690 [7]

Answer: customers' lack of money

Explanation:

Here, in this particular case we can state that the restaurateur Andrew who owns and run a popular contemporary but expensive Chinese restaurant is addressing the fact that customer's lack money. The fact in this particular case is that consumers are willing to pay a modest amounts for the small amount of food being served while in contrast not paying for the "atmosphere" of his restaurant.

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3 years ago

Answer the question on the basis of the following information for a private closed economy. Assume that for the entire business

Lady_Fox [76]

Answer:

$30

Explanation:

total investments in the economy are:

$0 that yield an expected rate of return of 25% or more
$15 that yield an expected rate of return of 20 - 25%
$15 that yield an expected rate of return of 15 - 20%
$15 that yield an expected rate of return of 10 - 15%
$15 that yield an expected rate of return of 5 - 10%
$15 that yield an expected rate of return of 0 - 5%

If the real interest rate is 15%, then only projects that will yield 15% or more will be carried out and those are worth $15 (yield expected rate of return of 20-25%) + $15 (yield expected rate of return of 15-20%) = $30

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3 years ago