GDP stands for gross domestic product. The GDP allows economist to measure the market value in terms of money. They are measuring the final good or service that is being offered to a customer over any given time.
Since the first bag of flour is being sold to a bakery to make bread from and sell for $4.00 the GDP of this item is $4.00 because that is the cost a customer is paying.
The second bag of flour is sold to a customer for $2.00 in a grocery store and is the final cost a they are paying.
In this scenario, the GDP for the two products being sold to a customer is $6.00.
Answer:a company's ability to utilize money and workforce when producing goods or offering a service.
Explanation:
Answer: d. inflation will increase.
Explanation:
The Natural rate of unemployment is the long term rate of unemployment which means that it is the rate associated with the Potential GDP.
If the Actual unemployment is less than this natural rate, it means that the Economy is performing better than the potential GDP. When this is happening, it means that the economy is overheating.
One of the symptoms of an overheated economy is increased inflation as more people can afford to buy goods and services. Inflation is therefore more probably rising in this economy.
You could put that you are still in high school and working towards your high school diploma.
Answer:
The answer is "2.45%".
Explanation:
The answer of option c:
Reduce power by 950 dollars:
In this question it will need to once again take the latest energy cost for analytical hierarchical productivity.
→ Total Input 
Consumer rates 
Initial efficiency multi-factor= 0.0245
