Answer:
Real GDP is not the direct indication of happiness, because happiness is dependent on a number of other factors, which when combined can result in a happy life.
Explanation:
Real GDP is defined as the measure of the value of the output of the economy, in the macroeconomics, which reflects the money value of all goods and services produced in a given year. Here the output of the economy is also adjusted for the changes in prices occurring in the year.
According the referred application 3 of the book, it is true that the people of United States have become less happy despite the real GDP rise over the last 30 years. This is because the growth of real GDP is not able to cope up simultaneously with the increased workplace stress, jeopardized married life, traffic congestion, health problems and deterioration of environment.
In conclusion, it can be stated that Money does play an important role in increasing the happiness. However the factor alone is not able to cope up with all the problems and this is true only when all the other factors such as a conducive working environment, happy married life, healthy life are also accompanying more money.
Attracting and retaining employees with the skills, abilities, and experience is a key component of a<u> human resource</u> management system.
<h3>What is
human resource management system?</h3>
Human resource management system has to do with carrying out specific function such as effectively managing everything that has to do with human resource.
Human resource management system is important for companies as it enables them to choose employees that has the best skills and experience to move the company forward so as to enable the company achieve their goals.
Therefore attracting and retaining employees is a key component of a<u> human resource</u> management system.
Learn more about Human resource management system here:brainly.com/question/21976973
Answer:
B. the cash that a firm generates from its normal business activities using its existing assets
Explanation:
It represent the cash from the main activity. It is a good indicator wether the company needs external financing or it can sustain his grow with own funds.
It is stated in the cash flow statement. along with investing and financing activities.
Answer:
Would unregulated markets produce too much or too little of Good X and Good Y, compared to the efficient output levels for these products?
Explanation:
Good X: Too Little
Good Y: Too Much
Answer:
The most accurate answer is *They fear that if they give a positive reference for someone who doesn't work out in a new job, they may be sued by that person's new employer.
Explanation:
Giving a reference of an employees character, professional and ethical behavior, productivity and integrity is a great responsibility and not just a mere simple act.
this is mainly because the references are a main way to assess the suitability of hiring an employee and if we give an incorrect reference, the other firm might rely on it and hire an ineffective employee.
