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ololo11 [35]
3 years ago
11

Which of the following statements regarding GDP is correct?

Business
1 answer:
nirvana33 [79]3 years ago
3 0

Answer:

Correct option is (a)

Explanation:

GDP or Gross domestic product includes monetary value of all goods and services produced within a country. It includes all private and public investments and exports less taxes and imports.

Option b, c and d are incorrect as GDP accounts for only domestic production and not foreign activities. Details about how income is distributed is not given by GDP. GDP provides details about economic condition of the nation. GDP does not indicate wholesome well being of the nation like human development, infant mortality and standard of living.

GDP accounts for factory production but does not account for any production carried out at the cost of environmental degradation.

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Employee factors observed that may warrant further reporting and review by managers and other institutional officials include?
Salsk061 [2.6K]

Employee factors observed that may warrant further reporting and review by managers and other institutional officials includes:

  • Attrition reduction
  • improved productivity
  • General improved quality of life.

<h3>What factors affect employee performance?</h3>

The efficiency of workers in the workplace is known to be affected by:

  • The issue of raw talent and skill
  • Cognitive Biases.
  • Environment Design, etc.

Therefore, Employee factors observed that may warrant further reporting and review by managers and other institutional officials include attrition reduction, improved productivity, and general improved quality of life.

Learn more about Employee factors from

brainly.com/question/10826903

#SPJ1

6 0
2 years ago
An ad on the NewsNow Web site asks viewers to “send us your story and we might share it with the world.” Ollie submits a manuscr
evablogger [386]

There is no contract here. There was never an offer to publish the stories. Just because Ollie said "I accept" does not qualify this interaction as a contract since the post specifically says "we might share it". There should be no reasonable assumption that the website will publish EVERY story submitted.

4 0
4 years ago
Using the gross method, purchase discounts lost are:
Alla [95]

Answer:

A. Included in purchases.

Explanation:

The adjustment of the purchase discount lost under the gross method is included in the purchase amount. If the payment is made within the discount period, then the discount is applicable otherwise not, if the payment is not made within the discount period.

The journal entry is shown below:

Purchase A/c Dr XXXXX

      To Account payable A/c XXXXX

(Being the goods are purchased on credit)

7 0
4 years ago
Nations will be able to produce a larger joint output and realize mutual gains when each specializes in the production of those
Dmitry [639]

Answer:

law of comparative advantage.

Explanation:

Nations will be able to produce a larger joint output and realize mutual gains when each specializes in the production of those items for which it is a low-opportunity cost producer and trades for those things that it could produce only at a high cost. This statement best describes the law of comparative advantage.

Comparative advantage can be defined as ability of a country or business entity to produce goods and services at a lower opportunity cost than others such as their trade partners. Hence, the most important benefit of the comparative advantage is that, it gives a country or business entity the ability to sell their finished goods and services at a lower price in comparison with its close competitors and consequently, resulting in a stronger sales margins.

4 0
3 years ago
For simplicity we hold the price level fixed at 1 and assume that inflationary expectations are fixed at 2%. y is also held cons
Anastasy [175]

Equilibrium interest rates refers to the point where the demand for particular amount of money is equal to the money's supply.
In this case, we just need to do a complete substitution and calculation

4000= 1 X[1200+0.5(6,000) - 200 (i)
]4,000=4,200- 200 (
i)I=<span>1%</span>
6 0
3 years ago
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