1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sever21 [200]
3 years ago
15

ou have just read an explanation of the figures you studying as the total dollar value of final goods and services produced with

in a country in one year after adjustment for inflation. What is this statement describing?
Business
1 answer:
Shalnov [3]3 years ago
7 0

Answer:

REAL GDP

Explanation:

GDP typically used as a variable to measure a nation's economic strength within a certain time period. But often time, the value of GDP is a little bit jaded. If the inflation is high, an increase in GDP doesn't really mean that the country become more productive.

This is why there are many experts prefers to use REAL GDP as a more accurate unit to measure the economic strength.

You might be interested in
19th century how successful were labor organizations in improving the working conditions for, and advancing the interests of ind
Alex Ar [27]

Answer:

19th century,labor organizations were not very  successful in improving the working conditions and advancing the interest of industrial workers in united states.

<u>Explanation:</u>

Workers formed union.These unions give them immense power.These unions have a leader selected from among the workers only.Leader act as a representative of whole union.These unions can bargain on behalf of all the workers for providing them better working conditions,more wages,bonus.

They used strikes to force the employers to increase wages and provide better working conditions.These unions worked hard to stop child labor,give health benefits and help those workers who  got injured .In 19th century trade unions were formed by skilled workers.

Knights of labor was a  trade union formed in 1869.It attracted large number of workers and hoped to improve their working conditions.In 1880 skilled labor left Knight of labor and joined American federation of labor.It provides better working conditions.It had 500000 members by 1900.

Despite the efforts unions made less progress in this Era .

8 0
3 years ago
Economic growth is __________.
Mila [183]

<span>Economic growth is an increase amount of services or/ and goods produced by head of population over a period of time</span>

4 0
3 years ago
Commodity futures contracts can be bought and sold on the open market for which reason
timama [110]

Answer:

Futures contracts are derivatives. Their price is derived from one or more underlying assets. Due to their nature as commodities, a buyer can agree to purchase at a predetermined price; and a seller can agree to sell that quantity at the agreed-upon price.

7 0
3 years ago
Government is lobbied to institute price controls because: Multiple Choice
trapecia [35]

Answer:

people care more about their own surplus than they do about total surplus. 

Explanation:

Price control can either be a price ceiling or a price floor.

A price ceiling is when the government or an agency of the government sets the maximum price for a good or service. It is usually set below equilibrium price.

Price ceiling increase consumer surplus and reduce producer surplus.

A price floor is when the government or an agency of the government sets the least price a good or service can be sold. It is usually set above equilibrium price.

Price floor increases producer surplus and reduces consumer surplus.

Producers would be advocating for a price floor because it increases their surplus, while, consumers would advocate for a price ceiling.

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.

Producer surplus is the difference between the price of a product and the least price the seller is willing to sell the product.

I hope my answer helps you

7 0
3 years ago
An example of a societal ___________ is Germans' lack of interest in using credit cards like Visa and MasterCard, perhaps in par
Sidana [21]

Answer: values

Explanation:

Societal values can simply be defined as the moral principles defined by the traditions, society dynamics, and cultural beliefs.

These values impact on the behavior of the people. An example is Germans' lack of interest in using credit cards like Visa and MasterCard, because the German word for 'debt' is the same as the word guilt. This hae to do with their belief and values.

5 0
3 years ago
Other questions:
  • The management fee for most mutual funds ranges between ______ percent.
    9·1 answer
  • Why does an economist create a market demand curve? to predict how people will change their buying habits when prices change to
    10·1 answer
  • How can technology interfere with good study habits? Students can use technology to search for answers to challenging questions.
    14·1 answer
  • You must carefully watch for bicycles in traffic lanes because they:
    12·1 answer
  • Which of the following is an example of a realistic job preview (RJP)? Check all that apply. a) When Mary has her first intervie
    15·1 answer
  • Tater and Pepper Corp. reported sales for 2018 of $43 million. Tater and Pepper listed $7.6 million of inventory on its balance
    10·1 answer
  • The ________ is the fraction of earnings reinvested in the firm.
    14·1 answer
  • The following items could appear on a bank reconciliation:
    15·1 answer
  • Congress votes to substantially increase the minimum wage. The determinant causing the shift in this scenario is:___________.
    9·1 answer
  • An increase in personal income tax will ________ the amount of money consumers have to spend for food. a. increase c. replace b.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!