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Mariulka [41]
3 years ago
13

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

Business
1 answer:
NISA [10]3 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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Jerry needs some quick cash and decides to pawn his diamond ring, which is appraised at $750. The pawnbroker agrees to give Jerr
GarryVolchara [31]

Answer:

the amount of the loan the pawnbroker made to Jerry is $112.50

Explanation:

In order to find 15% of $750, one method is dividing 750 into 100 to find the value of 1%.

750 ÷ 100 = 7.5

Now we know the value of 1% is $7.50, so all we have to do is multiply that by 15.

7.5 × 15 = 112.5

Therefore, the amount of the loan the pawnbroker made to Jerry is $112.50

5 0
3 years ago
Read 2 more answers
In terms of innovation streams, what ____ occurred when customers purchased flat-screen computer monitors to replace the older,
Novay_Z [31]

Answer:

Technological substitution.

Explanation:

Technological substitution is basically the substitute to another option product of technology.

4 0
3 years ago
Calculate the defects per million opportunities (DPMO) given the following: Blake, owner of Blakester's T-shirt Shoppe, keeps tr
pantera1 [17]

Answer:

His firm's DPMO is 12,083

Explanation:

The computation of the DPMO is shown below:

= (Total complaints ÷ total number of defects opportunity) × 1 million

where,

Total complaints = Shrinkage complaints + poor quality complaints + wear off complaints + fitting issue complaints

= 22 + 16 + 12 + 8

= 58 customers defects

And, the total number of defects opportunity would be equal to

= Number of t-shirts sold × number of possible complaints

= 1,200 × 4

= 4,800

Now put these values to the above formula

So, the value would be equal to

= (58 ÷ 4,800) × 1,000,000

=  12,083

4 0
4 years ago
(Scenario: Assets and Liabilities of the Banking System) According to the Scenario: Assets and Liabilities of the Banking System
Phantasy [73]

If the banking system does NOT want to hold any excess reserves,  $250,000 will be <u>added </u>to the money supply.

<h3>What is an excess reserves?</h3>

Excess reserves is known to be the capital reserves that is said to be held by a bank or financial institution and it is one that is too much or is in excess of what is needed by regulators, creditors, or others.

Since there is  $25,000 worth of U.S. Treasury bills, one will multiply it times 10 = $250,000

Therefore,  If the banking system does NOT want to hold any excess reserves,  $250,000 will be <u>added </u>to the money supply.

Learn more about excess reserves from

brainly.com/question/17099821

#SPJ12

7 0
2 years ago
The local furniture store will purchase outdoor furniture only during the winter months because the manufacturer offers a better
xz_007 [3.2K]

Answer:

The correct answer is: seasonal discount.

Explanation:

Seasonal discounts are store offerings by which their products are sold at a lower price during specific periods due to changes in seasons. For instance, winter clothing tends to be cheaper during the spring or summer because most people do not purchase them during those seasons. Then, retailers lower the prices to boosts sales.

4 0
3 years ago
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