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irina1246 [14]
3 years ago
11

An example of consumer spending when calculating the GDP using the expenditures approach is _____.

Business
1 answer:
alexira [117]3 years ago
4 0

Answer:

a) food

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period.

The expenditure approach to calculating GDP = Consumption spending + Investment spending + Government Spending + Net Export

Consumption spending includes all final private consumption in an economy. Spending on food is an example of consumption spending.

Government spending is all the money spent by the government. Payment of salaries of public employees is an example of government spending.

Investment spending is all the amount spent by businesses in buying equipment. construction of a new mine is an example of investment spending.

Net Export is export less import.

I hope my answer helps you.

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Changes in the GDP deflator reflect a. neither changes in prices nor changes in the amounts being produced. b. only changes in t
Anna11 [10]

Answer:

c. only changes in prices

Explanation:

GDP deflator is used to calculate changes in price level or changes in inflation.

GDP deflator = (Nominal GDP / Real GDP) × 100

Nominal GDP is GDP calculated at current year prices.

Real GDP is GDP calculated at base year prices.

GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.

I hope my answer helps you

3 0
4 years ago
Tina is overseeing a new building construction. She was told there was a problem with the cement mixer and that the new uprights
drek231 [11]

Tina is most likely the  <u>"Construction Manager".</u>


A construction manager, otherwise called a site manager, is required to oversee and coordinate different activities inside a building venture.  

A Construction Manager must guarantee a task is finished securely, ensuring the venture keeps running on time and inside the designated spending remittance. They regularly come into the procedure very at an opportune time in the undertaking so they can assist the customer with primer arranging. They additionally help with angles, for example, choosing a draftsman and contractual worker.

6 0
3 years ago
Read 2 more answers
Match the following characteristics with their relevant project team organizational structures. The project is housed within a f
Rasek [7]

Answer:

A. Pure project A project manager leads personnel from different functional areas = Team members can work on several projects. Duplication of resources is minimized.

B. Functional project Personnel work on a dedicated project team = Team pride, motivation, and commitment are high.

C. Matrix project A team member reports to two bosses = The project is housed within a functional division of the firm.

Explanation:

For A answer, this kind of project management conducts the people, to work on a multitasking way, because they have to accomplish the responsibilities on their functional area as the same that they must accomplished their responsibilities on the project areas. This can minimized the resources for the project but could impact negatively on the compliment of responsibilities because is the same person for two work fronts.  

For B answer, if the people can focus their efforts only in the project, that creates more interest on reach the goals efficiently than if the team were distributed on functional and projects departments

For C answer, when the project is developed in a functional division of the firm, you, as a team project member, must report to the project manager and your functional area boss.

5 0
3 years ago
To assist ________ decision making, information systems are used to obtain aggregate summaries of trends and projections of the
Zinaida [17]

Answer: Executive level.

Explanation:

The Executive level decision making are decisions made concerning a company by the management or owners of the company. When making decisions at the highest level in a company there is a high reliance on accurate information sources to enable accurate decisions to be made.

8 0
3 years ago
If you saw an advertisement for an electric car that boasted 500 miles between battery charges, what form of non-price competiti
Step2247 [10]

Non-price competition is a marketing strategy in which one firm tries to distinguish its product or service from competing products on the basis of attributes like design and workmanship. Consequently, the answer is:

  • advertisement- physical characteristics

<h3>Advertising</h3>

The most common or basic form of non-price competition is advertising. Non-price competition in economics consists of expenditures that are promotional such as sales promotion, coupons, advertising, and others. It also consists of the development of the new products, marketing research, and costs of brand management.

Therefore, the correct answer is given above.

Learn more about Non-price competition from here: brainly.com/question/6429008

8 0
3 years ago
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