Answer:
does not necessarily mean either absolute or per capita real economic growth.
Explanation:
Nominal GDP can increase due to high inflation, and that is not real growth since the purchasing power of individuals, businesses and the government doesn't grow. Real GDP growth would mean absolute economic growth.
The GDP per capita measures the GDP divided by the total population of a country, so the nominal GDP or real GDP could grow, but if that growth is less than the population's growth, then the nominal and real GDP per capita will still decrease.
Answer: See explanation
Explanation:
The gross domestic product is the value of an economy's final goods which the economy produces. The reasons why Domestic Product may not be the most accurate measure of an economy's health include:
• It doesn't take into account the value of the works of housewives, volunteers etc.
• The gross domestic product doesn't measure the quality of education that is offered, the children's health, happiness etc.
• GDP takes into consideration the market prices and therefore, activities that are outside the market are left out and not measured.
Answer:
I used an excel spreadsheet since there is not enough room here.
The company might want to have a minimum cash balance of $5,000 at the end of each month, but only has a cash surplus during May. The company has cash deficits for both June and July, which means that they will probably need to take a loan to keep operating.
Answer:
Terms. Procedural law is the set of rules by which courts in the United States decide the outcomes of all criminal, civil, and administrative cases. Substantive law describes how people are expected to behave according to accepted social norms.
Hope this helped you compare & contrast
Explanation:
Answer: the purge
Explanation: ur welcome