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iren [92.7K]
3 years ago
12

All of the following statements about GDP are false except Group of answer choices Higher GDP reflects more equal distribution i

n the economy. Higher the real GDP, happier is the economy. Higher GDP reflects higher economic growth of an economy. Higher GDP reflects better access to education.
Business
1 answer:
zheka24 [161]3 years ago
5 0

Answer:

Higher GDP reflects higher economic growth of an economy

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceeds import there is a trade deficit and when import exceeds import, there is a trade surplus.  

Items not included in the calculation off GDP includes:  

1. services not rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

6. Measures for calculating happiness. so higher GDP doesn't indicate higher happiness

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In marketing, advertisements or salespeople can activate a consumer's purchase decision process by _________.a. showing the shor
Natasha2012 [34]

Answer:

The correct answer is the option B: manipulating a customer's want into a need.

Explanation:

To begin with, in the field of marketing there are several instruments that can be used in order to obtain the customer's attention, such as the advertisements and the salespeople. Moreover, these two types of tools can generate in the client a shift in his behavior that makes him feel that his desire or want is now a new need that must be satisfy. Therefore that the advertisements tend to capture the people's attention with bright colors and wonderfull and desired situations. And the salespeople tend to push the clients into buy some items that may complement the primary product that they are buying.

7 0
3 years ago
Read 2 more answers
What makes the demand for u. s. dollars change? in world demand for u. s. exports ______ the demand for u. s. dollars. a in the
stich3 [128]

Increasing world demand for U.S. exports increases the demand for U.S. dollars. A rise in the U.S. interest rate differential​ increases the demand for U.S. dollars.

The official money of the United States of America is the USD (United States dollar). One hundred cents make up one dollar, often known as the U.S. dollar. It is distinguished from other currencies based on the dollar by the symbol $ or US$.

A country's currency will be in great demand if its exports exceed its imports since more people will want to buy its products. According to supply and demand economics, prices increase and the value of the currency increases when demand is high. Generally speaking, a country's currency will appreciate at higher interest rates. Higher interest rates frequently draw foreign investment, which raises both demand for and the value of the currency of the host nation.

To know more about U.S. dollars refer to:  brainly.com/question/26958108

#SPJ1

5 0
2 years ago
Jim wants to buy a car, but he’ll probably only need it for a couple of years. He has a short commute to work, so he won’t be pu
jolli1 [7]
I would say bike or bus.
5 0
3 years ago
Mill Company began operations on January 1, 20X1, and recognized income from construction-type contracts under different methods
Vinvika [58]

Answer:

Deferred tax asset balance on  December 31, 20X3 =   $115,500

Explanation:

The computation of the amount of deferred income taxes should Mill report is shown below:

<u>Year   Tax purpose   Book purpose   Difference   Deferred tax book </u>

20X1     $400,000          $0                $400,000        $84,000

20X2    $625,000     $375,000         $250,000        $52,500

20X3     $750,000     $850,000        ($100,000)        ($21,000)

Deferred tax asset balance on  December 31, 20X3 =   $115,500

5 0
3 years ago
A group of farmers agreed that if any farmer suffered a property loss, the loss would be spread over the entire group. In this w
mixas84 [53]

Answer:

pooling losses

Explanation:

This agreement embodies the concept of pooling losses. In this concept, each individual loss is spread over to the entire group. In order for this arrangement to be effective, a large number of farmers are required, so whenever a farmer suffers a loss, it will be mitigated due to the pooling over the large group.

8 0
3 years ago
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