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
zysi [14]
3 years ago
5

GDP is not a perfect measure of well-being; for example, a. GDP incorporates a large number of non-market goods and services tha

t are of little value to society. b. GDP places too much emphasis on the value of leisure. c. GDP fails to account for the quality of the environment. d. All of the above are correct.
Business
1 answer:
Anna007 [38]3 years ago
8 0

Answer:

c. GDP fails to account for the quality of the environment.

Explanation:

Gross domestic product is defined as the sum total of all goods and services produced in a country within a specific time.

It measures the level of wealth in the economy. However it is not a true reflection of personal well being of the citizens of a country because it does not consider the quality of the environment in which people live.

GDP only measures.activities in the market place but does not evaluate other factors like leisure, quality of the environment, health levels, and education.

You might be interested in
A U.S. business sells milk to consumers in France. Which situation would most likely cause demand for milk to rise in France?
lys-0071 [83]

A situation that would most likely cause demand for milk to rise in France is French consumers expect the price of milk to increase in the future.

<h3>What causes an increase in the demand for a product?</h3>

The demand for a product is affected by:

  • future expectations
  • change in the price of other goods
  • Change in the income of consumers

When it is expected that the price of a product would increase in the future. Consumers would want to buy the product now when it is cheaper so as to save money.

For more information about the change in demand, please check: brainly.com/question/25871620

6 0
2 years ago
The accounting equation is assets = liabilities + owner’s equity.
Anon25 [30]

Answer:

A. Why must this equation always balance?

It must balance because all the assets that firm controls have been acquired either by external funding (liabilities), or by internal funding (owner's equity).

This also explains the relationship between economic resources and claims to economic resources. Economic resources (assets) are either the claim of an external agent that has to be paid in the future (liability), or the claim of one of the company's owners who could in theory dissolve the company and take possession of the company's assets (equity).

B. What transactions increase or decrease owner’s equity?

Profits increase owner's equity, as well as capita contributions, whether in the form of stocks, equipment, or other financial instruments.

Costs and expenses are substracted from revenues, and therefore they reduce profits, and owner's equity.

C. How does net income or loss affect owner’s equity?

A net income profit increases owner's equity, while a net income loss decreases owner's equity.

D. Please give an example of a transaction, applied to the accounting equation.

ABC corporation issues 1,000 common stocks with par value of $5, and a price per stock of $7. The journal entry is:

Account                                    Debit                Credit

Cash                                        $7,000

Common Stock                                                 $5,000

Additional Paid-In Capital                                $2,000

In this transaction, cash is an asset and common stock and additional paid-in capital are part of the stockholder's equity. The corporation does not have any liabilities yet.

ABC Corp accounting equation = Assets = Liabilities + Stockholder's equity

                                                     = $7,000 = 0 + $7,000

As can be seen, the accounting equation is true even in the earliest stages of the corporation.

6 0
3 years ago
What percentage of greek students would participate in a hazing activity, even if it made them uncomfortable?
pogonyaev

Less than 10% is the percentage of Greek students that would participate in a hazing activity, even if it made them uncomfortable. This percentage is justifiable because student participation in hazing activities is prohibited and the accompanying danger to physical and mental health induced to a student is one factor that makes it more off-putting.

4 0
3 years ago
The PE ratio: Assuming Net Income for the year is $250,000, what is the net cash flows from operating activities given the follo
solmaris [256]

Answer:

Net operating cash flow = $189,250

Explanation:

Particulars                                    Amount$

Net income                                    250,000

Add:depreciation expense           9,500

Add:loss on sale of asset              1,250

Add:increase in salary payable    19,500

Less:increase in prepaid rent       (27,500)

Add:increase in AP                        29,500

Less:increase in inventory            <u>(93,000)</u>

Net operating cash flow              <u>$189,250</u>

4 0
3 years ago
Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been selected as the base year. In 20
Andrew [12]

Answer:

b. $102

Explanation:

Data provided as per the question below:-

Cost of basket in 2014 = $51

Cost of the basket in base year = $50

The calculation of the value of the CPI is shown below:-

Value of the CPI = (Cost of a basket in 2014 ÷ Cost of a basket in the base year) × 100

($51 ÷ $50) × 100

= $102

Therefore for computing the value of CPI we simply applied the above formula.

7 0
3 years ago
Other questions:
  • What are five ways of organizing a company?
    9·1 answer
  • Individual codes of conduct based on one's value structures regarding how one should live, how one should act, what one should d
    12·1 answer
  • Which group works to help members establish internal political stability?
    6·2 answers
  • Which of these sites would need additional investigation to check for reliability?
    11·1 answer
  • Inferior Company sells products that are poorly made. Jock, who has never bought an Inferior product, files a suit against Infer
    5·1 answer
  • The accountant at Coronado Company is figuring out the difference in income taxes the company will pay depending on the choice o
    8·1 answer
  • Some organizations rely upon a formal group authorized and responsible for reviewing, evaluating, approving, delaying, or reject
    7·1 answer
  • A typical point-of-sale display features products that are likely to be ___.
    5·1 answer
  • 2. The owner of a franchise benefits from brand name recognition, access to professional
    10·1 answer
  • In a(n) __________ organization, managers encourage employees to work more as teammates than as subordinates who take orders fro
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!