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2 years ago

Gross Domestic Product is a measurement of standard of living because .

Business

1 answer:

NISA [10]2 years ago

8 0

Answer: A. imperfect; not all important determinants of standard of living are incorporated.

Explanation:

The gross domestic product refers to the monetary value of the goods and the services which are produced in a nation.

Gross Domestic Product is an imperfect measurement as it excludes non-market transactions such as the activities of mothers etc. Also, it doesn't account for income inequality in the society. Therefore, not all the important determinants of standard of living are incorporated.

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If the price level is 100 for 1996 and the price level is 103.3 in 1998, a nominal GDP in 1998 of $8,800 billion would mean that

ella [17]

Answer: b. $8,518.9 billion.

Explanation:

Nominal GDP is calculated with current prices which means that the effects of inflation are present.

Real GDP removes this effect by basing the GDP calculation on the prices of a previous period:

Real GDP = Nominal GDP * 100/ Price level

= 8,800 * 100/ 103.3

= $8,518.877

= $8,518.9 billion

4 0

3 years ago

Whole number less than 20

bearhunter [10]

Answer:

Explanation:

The first 100 whole numbers are 0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25,26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 73, 74

7 0

3 years ago

What is the model called that determines the present value of a stock based on its next annual dividend, the dividend growth rat

kotykmax [81]

Answer:

The correct answer is letter "B": dividend growth.

Explanation:

A dividend is a cash distributed by a company to its shareholders. The dividend growth is the rate that measures the increase in a dividend given a certain period, typically calculated in the term of one year. The dividend growth is also considered a gauge that may predict the future continuation of the behavior of profits within a company. In that sense, it can influence the current price of a stock and the discount rate as well.

5 0

3 years ago

If the expected rate of inflation was 3% and the actual rate was 6.2%; the systematic response coefficient from inflation, would

Semenov [28]

The systematic response coefficient from inflation, would result in a change in any security return of 3.2 βI.

Explanation:

Given:

Expected rate of inflation = 3%

Actual rate of inflation = 6.2%

The change in security return can be calculated by obtaining the differences between actual and expected levels of inflation.

Change in security return= Actual rate of inflation- Expected rate of inflation

= 6.2%-3%

= 3.2%

Change in security return= 3.2 βI

7 0

3 years ago

The fact that businesspersons are expected not to harm customers, clients, and competitors knowingly through deception, misrepre

just olya [345]

Ethics.

Business ethics is a system of ethical principles for acting fairly and honestly in the workplace and with customers and companies.

4 0

3 years ago

Gross Domestic Product is a ________measurement of standard of living because ________.

Gross Domestic Product is a measurement of standard of living because .