All categories

4 years ago

Which example BEST illustrates that GDP (gross domestic product) is not always a good indicator of economic health?

2 answers:

6 0

Which example BEST illustrates that GDP (gross domestic product) is not always a good indicator of economic health? A)The GDP falls when consumer spending declines.
B)Money spent repairing hurricane damage helps raise the GDP.
C)Goods produced for infrastructure projects help raise the GDP.
D)The GDP falls because scarcity of materials slows the rate of production.

Andru [333]4 years ago

6 0

C.The country relies on agriculture for most of its export revenues.

You might be interested in

The ____ act requires banks and financial institutions to alert customers of their policies and practices in disclosing customer

maw [93]

The Gramm-leach-Bliley Act requires banks and financial institutions to alert customers of their policies and practices in disclosing customer information. The act was created in 1999. If the customer did not like the policies and practices of the financial institutions they could opt out. A major concern was how financial institutions used customer's private information and what third parties the institutions sold the info to. This act helped customers avoid this.

3 0

3 years ago

You have been offered a project paying $300 at the beginning of each year for the next 20 years. What is the maximum amount of

Vitek1552 [10]

Answer:

The project is worth $2,738.57.

Explanation:

Giving the following information:

You have been offered a project paying $300 at the beginning of each year for the next 20 years. The rate of return is 9%.

To calculate the present value, first, we need to calculate the final value:

FV= {A*[(1+i)^n-1]}/i

A= annual pay= 300

n= 20

i= 0.09

FV= {300*[(1.09^20)-1]}/0.09

FV= $15,348.06

Now, we can calculate the present value:

PV= FV/(1+i)^n

PV= 15,348.06/1.09^20= $2,738.57

8 0

4 years ago

One criticism of servant leadership is question 6 options: researchers have been unable to reach a consensus on a common definit

kati45 [8]

One criticism of servant leadership is that RESEARCHERS HAVE BEEN UNABLE TO REACH A CONSENSUS ON A COMMON DEFINITION. The servant leadership hypothesis is of the opinion that servant leadership consist of various abilities, traits and behaviors. Up to date, researchers have not agree on a common definition or theoretical frame work for servant leadership.

4 0

3 years ago

Suppose the Japanese economy has been experiencing slow growth. As a result, the Prime Minister, who thinks John Maynard Keynes

snow_tiger [21]

Answer: The recessionary gap will be equal to 1 trillion yen divided by 2.5 or 0.4 trillion yen

Explanation:

From the question, we are informed that GDP gap of 1 trillion yen and the marginal propensity to consume (MPC) is 0.60. Also, to close the GDP gap, the prime minister has decided to increase government spending. This means that there will be a recessionary gap because the actual GDP will be less than the potential GDP.

Fir the economy to be brought to its potential GDP, the spending of the government will give a stimulus to the economy. Since MPC is 0.6, the multiplier will be:

= 1/1-MPC

= 1/1 - 0.6

= 1/0.4

= 2.5

The government spending will then increase in order to close the recessionary gap as:

∆Y = ∆G × Multiplier

100 = ∆G × 2.5

∆G = 100/2.5

∆G = 40

Therefore, the recessionary gap will be equal to 1 trillion yen divided by 2.5 or 0.4 trillion yen.

4 0

4 years ago

FIFO Perpetual Inventory The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period ending Ju

Zinaida [17]

Answer:

$32,864.00

Explanation:

check the file attached below for full explanation

Download docx

4 0

3 years ago