Answer:
A)Real GDP omits measures of political freedom.
Explanation:
The Real Gross Domestic Product is a measure of all the goods produced in an economy within a year but with changes in price levels triggered by inflation factored in. Political freedom does not affect economic freedom. People may be restricted politically but still, go about their normal economic activities.
Because the Real GDP basically focuses on transactions done in the markets, it might not accurately measure the growth rate because some people conduct illegal businesses underground that are not captured by the government, while some produce their goods at home. Also, leisure time is not factored and it is important because an increase in leisure time will affect time spent in activities that improve the economy.
Answer:
<em>1. Increase in literary rate b. Investing in human capital</em>
<em>2. Increase in foreign demand for goods c. Engaging in international trade</em>
<em>3. Increase in production speed and quality a. Investing in physical capital</em>
Explanation:
In order to increase in the literary rate there should be an investment in human capital. whereas to increase in demand for goods in foreign there should be more emphasis on the foreign trade or international trade.
In crease in production speed and quality will be possible with investment in physical capital.
Thomas Jefferson's decision to initiate the Louisiana Purchase in 1803 was an early example of the exercising of an inherent type of presidential power.
Inherent powers are the powers held by a sovereign state that is a nation or a state free from interference in it's political, financial and other aspects from foreign elements. In the United States of America, the President derives these powers from the words "the executive powers shall be vested in the President".
Hence, the President has the supreme power to determine how vehemently a law can be enforced, whether it is maximizing or minimizing it's results, it rests completely with the President.
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Answer 1:
B is the answer.
Computers where there are many competitors with slightly differentiated products.
Explanation:
A market is characterized as a Perfect Competition where there are many buyers, many sellers and the products are either homogenous or slightly differentiated. There is also perfect knowledge about all the products and the nonexistence of monopoly. That is, no player in the market has leverage over which they can manipulate prices in their favor.
Answer 2:
A is the correct answer.
Operational Risk.
Explanation:
When there is the possibility for a loss arising from a dysfunctional internal process(es), inefficient employee(s), or even from external events, with a link to the internal dynamics of a company, the business is said to be exposed to Operational Risks.
Answer 3:
When there is an increase in interest rate, the following takes place:
- Businesses shy way from borrowing from the bank
- (due to the loss of leverage or increased cost of borrowing when they do) Production Cost increases
- When production costs increase prices of finished goods increases
- the above leads to a decrease in demand for finished goods
- and ultimately Consumer spending goes down
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