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
irga5000 [103]
3 years ago
13

You find that real GDP per capita in Burundi is $800 while real GDP per capita in the United States is $50,000. What is misleadi

ng about these figures when comparing standards of living?
Business
1 answer:
AleksandrR [38]3 years ago
5 0

Answer: The amount of people live in the countries are different.

Explanation:

It is common for a country to use GDP as economic prosperity or living standards. When comparing the GDP of different countries for this purpose, two problems arise immediately.

1) The GDP of a country is measured in its own currency, for example, the US uses one US dollar; Most Western Europe countries use euros. Therefore, comparing GDP between the two countries requires its conversion into a common currency. However, currencies have already been changed (the Burundian franc was replaced by the US Dollar).

2) The countries have a very large number of people. For example, there are more than 250 million people in the United States and 12 million people in Burundi, so that will cause problems.

The problem is, while the exchange of currencies and comparisons is a good thing, we need to make sure we have a good comparison of demographic data and the number of people, so that we can analyze the GDP differences between these countries.

You might be interested in
Please answer this question correct answer will be marked brainliest
Veseljchak [2.6K]

Answer:

1.A

2.A

3.B

4.A

5.B

6.B

7.A

8.B

9.B

10.A

11.B

12.B

13.A

5 0
3 years ago
Venus Corp. operates in many countries. The company has a clearly written mandate for all its contractors abroad. According to t
seraphim [82]

Answer:

Code of ethics for its vendors

Explanation:

Code of ethics is the defined as the guide of principles that is designed or created in order to help the professionals in order to conduct the business with integrity as well as honesty.

The code of ethics also referred to as the ethical code, which might encompass the areas like employee code of conduct,  business ethics and code of professional practice.

So, the business who is operating in many countries, they mandate that all contractors need to ensure the safety measures as well as implement the same and the workers are made to work 9 hours only. Therefore, the company has set code of ethics for the vendors.

8 0
4 years ago
According to Sheryl Connelly, Ford's global consumer trends manager, millennial buyers are less interested in cars as a status s
Mariana [72]
<h2><u>Answer:</u></h2>

The correct option is C (technological)

<h3><u>Explanation:</u></h3>

Sheryl, she's an abundance of learning about self-driving vehicles, to moving gender role jobs, to how and why organizations need to deal with building trust with purchasers.  

Her activity includes assuming the job of contrarian. At Ford she invests energy getting some information about their very own suppositions around their work. What's more, this is the job of the futurist, to present potential outcomes and different situations around the future and what could be. Innovation has accelerated the rate of progress and this is the reason the job of the futurist could easily compare to ever.

8 0
4 years ago
Read 2 more answers
Paige deposited $200 into a bank that offers 3.3% interest rate, compounded daily. In how many years will her balance be $400?
weeeeeb [17]
C ~~~ APEX                                                    
APEXXXXX  

4 0
3 years ago
Read 2 more answers
Bill manages the quality department. His people check parts made by the production departments to assure all specifications are
densk [106]

Answer:

B. a staff manager

Explanation:

A staff manager is in charge of a revenue consuming department in an organization. He or she is in charge and supervises the employee in that department. Examples of revenue consuming departments include accounting, human resources, and customer service. The main role of staff managers is to keep employees motivated, well-informed, engaged,  and focused.

Staff managers form an important link between employees and top management. Even though they don't make operating decisions, they help in the decision-making process by providing information and guidance. Unlike the line managers, the staff managers do not have directs control of employees, neither are they engaged in managing the day to day business operations of the organization.

6 0
3 years ago
Other questions:
  • With a traditional savings account, you could be charged a fee if: a you deposit too much money at once b you withdraw money too
    14·1 answer
  • Mr. Smith, your client, has maintained about 80% of his portfolio in fixed income securities. Interest rates are expected to dec
    5·1 answer
  • The portion of bonds or notes payable that is due within one year is reported as a(n)
    11·1 answer
  • Neal does not recycle glass, metal, or plastic garbage because he thinks it is inconvenient and has minimal impact on the city's
    14·1 answer
  • Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of b
    9·1 answer
  • Magnolia Industries combines all manufacturing overhead into a single cost pool and allocates this overhead to products by using
    12·1 answer
  • The cartel of oil-producing nations (OPEC) once controlled about 80% of the world petroleum market, but OPEC's market share has
    12·1 answer
  • The new product development process has seven stages going from new product strategy development to commercialization. At which
    7·1 answer
  • It may be argued that Japan's explicit promotion of its microchip industry was an excellent example of successful industrial pol
    10·1 answer
  • Congratulations! You just won your state lottery and will be receiving a check for $1 million. You have always wanted to own you
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!