Answer:
Understates
Explanation:
The difference between the real GDP per capita in 1890 and the real GDP per capita today understates the difference in the population's economic well-being because although it is a given that the higher the GDP is higher the standard of well-being of the population, <u>however the understatement comes from the fact that GDP has a short-coming of failing to include the value of leisure time.</u>
<u>GDP includes exchanges of value. for example if you employ a maid to take care of house chores and pay the maid, that is an exchange of value and will be captured by GDP but will not be captured if you do it yourself, and there are a lot more people doing things themselves today and the population is far more than in 1890</u>
Your answer is A)increase the money supply and encourage economic growth.
Answer: True.
Explanation:
It has been shown that employees with a broad skill set can make a company more efficient than employees that focus on a single task.
This is because it is believed that they can integrate those skills to create better solutions and opportunities.
Relating this to job descriptions, companies have found then that giving employees a broad definition of job requirements enabled them to think outside the box and give more complete solutions which are innovative and full of quality.
For example, Financial Analysts might just trade normal stocks and bonds as they are supposed to but then if the company gives a broader definition of products required, you see these same analysts moving into Computerized Quantitative Analysis, Derivatives and the like.