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2 years ago

Which indicators do economists use to determine the state of the economy?

Business

1 answer:

Alchen [17]2 years ago

3 0

Answer:

The three most important economic indicators are gross domestic product (including GDP per capita, consumer spending, investment, etc.), employment indicators (total employment and unemployment rate) and inflation rate.

There are other economic indicators that are also frequently used like poverty level, life expectancy, foreign trade balance, central bank minutes, etc.

You might be interested in

Why does excessive fishing occur?

Diano4ka-milaya [45]

Explanation:

Growth overfishing occurs when fish are harvested at an average size that is smaller than the size that would produce the maximum yield per recruit.

8 0

2 years ago

Ben attended a workshop hosted by SCORE, a SBA organization that counsels small-business owners on developing a good vision stat

Zielflug [23.3K]

Answer:

what the company wants to become, and its long-term direction and strategic intent

Explanation:

Vision statement is a long term road map of the direction a business needs to take in order to achieve its set goals and objectives. It usually undergoes little revision.

However the short term operational processes are constantly reviewed to make the business better align with long term goals as stated in the vision statement.

In this scenario where the vision statement of small businesses are being formulated the speakers will discuss what the company wants to become, and its long-term direction and strategic intent

8 0

3 years ago

You purchased five call option contracts with a strike price of $22.50 and an option premium of $.48. You held the option until

Wittaler [7]

Answer:

You lose your premium <em>$</em><em>240</em> down the drain.

Explanation:

-$240

Total Loss= 5*(100 x -$0.48)= -$240

Good luck mate! Options are very risky.

7 0

2 years ago

Standard Hours Allowed; Flexible Budgeting; Multiple Products (LO 11-1, 11-2) Evening Star, Inc. produces binoculars of two qual

Lady_Fox [76]

Answer:

8,100 hours

Explanation:

The computation of standard hours is shown below:-

Total standard hours allowed = (Field models × Field models hours) + (professional binoculars × Professional binoculars hours)

= (950 × 3) + (1,050 × 5)

= 2,850 + 5,250

= 8,100 hours

Therefore for computing the total standard hours allowed we simply applied the above formula.

6 0

2 years ago

The following December 31, 2021, fiscal year-end account balance information is available for the Stone Corporation:Cash and cas

blsea [12.9K]

Answer:

Total current assets = $112500

Short term investments = $2300

Retained earnings = $15500

Explanation:

The total current assets can be determined using the current ratio provided for 2021. The current ratio is calculated by dividing the value of total current assets by the value of the total current liabilities.

1.5 = Total current assets / (51000 + 23000 + 1000)

1.5 = Total current assets / 75000

1.5 * 75000 = Total current assets

Total current assets = $112500

Short term investments are a part of the current assets. The value of short term investments is,

112500 = 6200 + 32000 + 72000 + Short term investments

112500 = 110200 + Short term investments

112500 - 110200 = Short term investments

Short term investments = $2300

The basic accounting equation states that the total assets is always equal to the value of total liabilities plus total equity.

Total assets = Total Liabilities + Total Equity

(112500 + 180000) = [(51000 + 23000 + 1000) + 42000] + (160000 + Retained earnings)

292500 = 117000 + 160000 + Retained earnings

Retained earnings = 292500 - 277000

Retained earnings = $15500

6 0

3 years ago