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quester [9]
3 years ago
14

What are the limitations of gdp and gnp

Business
2 answers:
Ipatiy [6.2K]3 years ago
8 0

Limitation of Gross Domestic Products (GDP) Includes

GDP does not make any measures of welfare and only includes market transactions.GDP does not describe income distribution and what is being produced.

Failure to indicate whether the nation's rate of growth is sustainable or not and no degree of income inequality in society

Limitation of Gross National Products :

The same difficulty regarding economic and social costs arises because there is no identity between the economic costs of producing the current national output and the social costs of the output.

shutvik [7]3 years ago
7 0

The limitations of GDP. GDP is a useful indicator of a nation's economic performance, and it is the most commonly used measure of well-being. However, it has some important limitations, including: The exclusion of non-market transactions.

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as the industrial revolution came to the united states, most firms operated in a(n) orientation. a. evolutionary b. societal c.
mariarad [96]

As the industrial revolution came to the united states, most firms operated in a production orientation. The United States' transition to new industrial techniques between around 1760 and some time between 1820 and 1840 is known as the Industrial Revolution.

This transition encompassed the switch from manual to mechanical production methods, the invention of new ways for producing chemicals and iron, the expansion of steam and water power, the creation of machine tools, and the growth of the mechanized factory system. As a result of the significant increase in output, both the population and the pace of population growth saw previously unheard-of increases during industrial revolution.

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8 0
1 year ago
The property tax on a rental house owned by Mr. Janey increased by $1,200 this year. Mr. Janey increased the monthly rent charge
MAXImum [283]

Answer:

Both will bear

Explanation:

Both Mr. Janey and Ms. lacey will bear the incidence of the property tax increase because Mr. Janey has only shifted $540 ( $45 x 12) of the total $1200 by increasing the monthly rent charge of his tenant Ms. lacey by $45/month. Mr. Janey will pay only $660 of $1200 increase in tax and remaining will be paid by Mr Lacey.

6 0
3 years ago
The QuickBooks Online ecosystem gives you and your clients access to a wide range of (1.)__________ to help (2.)___________ thei
Debora [2.8K]

Answer:

Apps,streamline

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The QuickBooks EcoSystem can be regarded as a quick box software along with different apps that has connection with it. It brings about good functionality in Businesses, through QuickBooks EcoSystem, accountant of a company can easily connect with different apps that allows to manage client and improve productivity. It should be noted QuickBooks Online ecosystem gives you and your clients access to a wide range of apps to help streamline their business and increase efficiencies.

8 0
3 years ago
What is the difference between wacc and marginal cost of capital?
kvv77 [185]
<span>Marginal Cost of Capital may involve less calculation than WACC, however marginal cost may be calculated by incorporating tax rates, overhead, insurance or any other cost associated with acquiring the particular capital.</span>
4 0
3 years ago
An investor with no other positions buys 1 dwq jun 60 call at 3.50. if the investor exercises the call when the stock is trading
miskamm [114]
Answer: $450 profit  
The investor exercised the right to buy the stock for 60 and can sell the stock in the market for 68 for an $8 per-share gain.  
The gain of 8 minus the premium of 3.50 gives the investor a profit of 4.50
(4.50 Ă— 100 = $450).
6 0
3 years ago
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