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1.Why is GDP / Capita a more accurate way of determining the well-being of a people?

Vesnalui [34]

Answer:

1. GDP is an indicator of a society's standard of living, but it is only a rough indicator because it does not directly account for leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology. 2. Real GDP is accurate to hundreds of dollars; nominal GDP is accurate to thousands of dollars. 3. Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. 4. The four stages of the cycle are expansion, peak, contraction, and trough. Factors such as GDP, interest rates, total employment, and consumer spending, can help determine the current stage of the economic cycle. Insight into economic cycles can be very useful for businesses and investors.

Explanation:

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5 0

2 years ago

Match each security practice in electronic banking with the PCI standard that mandates it.

Schach [20]

1. Security system testing: tracking and monitoring access to the network, PCI 11
2. Access control measure: restricting physical access to customers' card data, PCI 7.
3. Information security policy: documenting software and network security requirements, PCI 12.
4. Network security practice: not using default password or settings, PCI 2.
PCI compliance is the data security standard which applies to all organizations which processes, store or transmit credit card information. The standards are 12 in number.

6 0

4 years ago

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If the internet makes it easier for sellers to find buyers and makes it easier for buyers to learn about the products that are a

IceJOKER [234]

If the internet makes it easier for sellers to find buyers and makes it easier for buyers to learn about the products that are available for sale, we would expect that the benefits of trade will rise.

<h3>How internet has helped buyers?</h3>

Everything is more convenient for the buyer when they have access to the internet.
They have the freedom to read and think at their own pace.
Customers are discovering a variety of methods to interact with brands and explore their goods and services because to the internet's nearly universal accessibility on a wide range of devices.
Prospects are now better informed, so sales representatives who can move rapidly can turn leads over more quickly.
Organizing sales teams has become simpler thanks to technology.
CRM systems simplify the sales process and enable information sharing among teams, building a stronger team and ultimately increasing sales.

Learn more about CRM systems here:

brainly.com/question/13100608

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8 0

2 years ago

You have $5,000 invested in a bank that pays 3.8% annually. How long will it take for your funds to triple?

TiliK225 [7]

Using compound interest
5000 x 1.035^32 gives me 15033 which is triple the original value, therefore it’s 32 years

3 0

3 years ago

An outdoor barbecue grill manufacturer uses a standard costing system in which standard machine-hours (MHs) is the measure of ac

Zina [86]

Answer:

Fixed overhead volume variance $ 2801.3

Explanation:

<em>The difference between budgeted Fixed Overheads and Applied Fixed Overheads gives the Fixed overhead volume variance.</em>

Given Data

(Planned )Denominator level of activity 4,600MHs

Fixed overhead cost$50,140

Actual hours 5,000MHs

Standard hours allowed for the actual output 4,743MHs

Actual total fixed manufacturing overhead cost$48,690

<em>We need Budgeted Fixed overhead and we can find it by dividing the fixed costs by the denominator level of activity and multiplying it with actual hours.</em>

<em>We also need to find Applied Fixed overhead by dividing the fixed costs by the denominator level of activity and multiplying it with standard hours for actual output.</em>

<u>Calculations</u>

Budgeted Fixed Overhead= ($50,140 /4,600MHs )* 5,000MHs

= $ 54,500

Applied Fixed overhead= ($50,140 /4,600MHs )* 4743MHs

= $ 51698.7

Formula

Fixed overhead volume variance=Budgeted Fixed overhead- Applied Fixed overhead

Fixed overhead volume variance= $ 54,500- $ 51698.7= $ 2801.3

5 0

3 years ago

My next photo How's it​

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