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Artist 52 [7]
3 years ago
8

Although GDP is likely the best measure of economic activity in the economy, one reason why GDP is considered to be an imperfect

measure is because: multiple choice GDP does not include the purchase of illegal goods. GDP does not include the purchase of intermediate goods. GDP does not include the purchase of foreign goods. GDP does not include the purchase of used goods.
Business
1 answer:
otez555 [7]3 years ago
6 0
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Because of the substitution problem, the cpi tends to overstate the true change in the price of the typical basket of consumer g
butalik [34]

It is true that because of the substitution problem, the CPI tends to overstate the true change in the price of the typical basket of consumer goods.

<h3>What is CPI?</h3>
  • A consumer price index measures a market basket of goods and services that households have purchased at a weighted average price.
  • The measured CPI fluctuates to reflect changes in prices over time.
  • One of the most popular methods for determining inflation and deflation is the CPI.
  • An essential gauge of an economy's health is inflation. The CPI and other indexes are used by governments and central banks when making economic decisions.
  • The decision to raise or cut interest rates is crucial among these.
  • If the CPI increases, it indicates that the average rate of change in price over time has increased. The cost of living and income are eventually changed as a result of this.

Learn more about CPI here:

brainly.com/question/14453270

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7 0
1 year ago
When making a payment of FUTA taxes, the employer must make the payment by the: a.10th of the month after the quarter. b.end of
Murljashka [212]

Answer:

Correct option is D.

<u>End of the month after the quarter.</u>

Explanation:

FUTA taxes must be paid quarterly by the last day of the month following the end of the calendar quarter.

  • April 30th
  • July 31st
  • October 31st
  • January 31st
5 0
3 years ago
many electronics sold in the United states are imported from Taiwan because Taiwan can produce more efficiently than companies i
kondaur [170]
This may be incorrect, but importation?
6 0
4 years ago
Read 2 more answers
Charity organisation has asked you to raise money for it by running a fete The organiser has given you a maximum amount to spend
Ahat [919]

Answer:

Charity fund should be handled with care as it is donor's money which should be handled with care. The amount of charity should be spent for the actual cause.

Explanation:

Charity fund is the money which should be handled with great care. The major fund of the charity should be attribute to the main cause and there should be proper record maintenance for every penny spent. The charity fund is the responsibility of the management and any donor can ask anytime about the money spent.

5 0
3 years ago
Why is it important to know the interest rate on your credit card?
Korolek [52]

The reason as to why it is important to know the interest rate on your credit care because if there is interest is a way of having additional payment and when it is higher, the more money the person will be paying back. So the answer will be letter a, the higher the interest rate, the more money you will be paying back.

5 0
4 years ago
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