All categories

3 years ago

When trying to assess your economic well-being you should:

Business

1 answer:

Alex_Xolod [135]3 years ago

5 0

Answer:

The correct answer is A

Explanation:

Economic well being is described or states as having the future as well as the present financial security. It involves the ability to make the choices of the economic and have a sense of satisfaction, security and the personal fulfillment with the one's employment pursuit and the personal finances.

So, in order to assess or evaluate the economic well being, one should compare the situation of his or her economic well being with that of most of the people who are alive today.

You might be interested in

The difference between nominal GDP and real GDP is that:

Elenna [48]

Answer:

a. real GDP adjusts the value of goods for changes in the price level and nominal GDP does not.

Explanation:

The nominal GDP is calculated by using current prices without adjusting the inflation factor int the prices of goods that are accounted for in the total GDP value. On the other hand the real GDP is calculated by adjusting inflation int he pricesof the goods which included in total GDP value. So the correct option is a. real GDP adjusts the value of goods for changes in the price level and nominal GDP does not.

4 0

3 years ago

The restaurant's total cost is a mixed cost that depends on customers served. The restaurant's management uses the high-low meth

harina [27]

Answer:

$29,390

Explanation:

For computing the total cost first we have to determine the variable cost per customer and the fixed cost which is shown below:

Variable cost Per Customer is

= (High total cost - low total cost) ÷ (high number of customer served - low cost of customer served)

= ($28,934 - $28,241) ÷ (14,100 - 11,214)

= $0.24

Now

Fixed cost is

= High cost - (high number of customer served × variable cost per customer)

= 28,934 - (14,100 × 0.24)

= $25,550

So, the total cost for 16,000 customers is

= Fixed cost + variable cost

= $25,550 + (16,000 × $0.24)

= $29,390

7 0

4 years ago

What country first began to dismantle its welfare state? What was put in its place?

ANTONII [103]

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

What country first began to dismantle its welfare state? Chili. Democracy was restored.

What was put in its place? A pension plan replaced welfare.

5 0

4 years ago

What is liberal humanism??

lisov135 [29]

Liberal humanism is a philosophical stance that highlights the agency and value of human beings, both individually and collectively.

3 0

3 years ago

Bob has a loan that he does not think he can afford and wants to make sure his credit score is not affected. Which of the follow

Simora [160]

A. making at least the minimum payment, even if they are late

6 0

3 years ago