1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mariulka [41]
2 years ago
13

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.

You might be interested in
The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 1
SOVA2 [1]

Answer:

$287.01

Explanation:

The 2 stage dividend discount model would be used to determine the current value of the stock.

first stage

Present value in year 1 = (1.6 x 1.16) / 1.071 = 1.73

Present value in year 2 = (1.6 x 1.16²) / 1.071² = 1.88

Present value in year 3 = (1.6 x 1.16³) / 1.071³ =2.03

Present value in year 4 = (1.6 x 1.16^4) / 1.071^4 = 2.20

second stage

[ (1.6 x 1.16^4) x (1.06) ] / (0.071 - 0.06) = 279.17

Value of the stock = 1.73 + 1.88 + 2.03 + 2.20 + 279.17 = $287.01

4 0
2 years ago
Many new restaurants have opened in Collegetown in recent years. Given this change in supply, what type of demand would result i
Karolina [17]

The answer is : Elastic Demand. The elasticity of demand shows the responsiveness of the quantity demanded to the change in price. An elastic demand means that the demand is affected by changes in price. While an inelastic demand means that the supply is not affected by changes in price at all.

8 0
3 years ago
Read 2 more answers
The top management of Wisniewski Automobile Parts Inc. has decided that the company's objective for the next two years will be t
Mkey [24]

Answer:

Strategic planning

Explanation:

Strategic planning is defined as the process by which a business outlines direction and strategy. It also involves decision on how the business will allocate it's resources to achieve its strategic goals.

Strategic plan involves formulation of mission, vision, and plan of action that will make the business achieve set goals.

In this scenario top management of Wisniewski Automobile Parts Inc. has decided that the company's objective for the next two years will be to expand the overall business internationally. This is the strategic plan of the business for the next two years

3 0
3 years ago
True or false the texas legislature is classified as highly professional, the highest level of institutionalization.
Phantasy [73]
<span>Your question lacks some context. So, I am going to assume that you are talking about relates to America as a whole. If my assumption is right, I'd have to say that the answer is false because they are at the state level and the federal level outranks it. For instance, if Texas passes a law abolishing a minimum wage, the law on federal minimum wage still must be followed.</span>
4 0
3 years ago
KaiLynn has total job benefits of $41,000 per year in her sales job. She pays $63 each month for a cell phone for work. She is a
alukav5142 [94]

Answer: a. $39,304

Explanation:

Let us begin by calculating the yearly phone bill.

$63 per month so that is

= 63*12

= $756

A total of $756 per year is spent on the company phone.

Kailynn buys 4 sample kits at $235 per kit.

= 235*4

= $940 in total for the kits last year.

Add the two figures to get her total expenditure from the company.

=940+756

= $1696

Subtract this from her total job benefits,

=$41,000 - $1696

= $39,304

$39,304 was her total employment compensation.

7 0
3 years ago
Other questions:
  • Mohave Corp. is considering outsourcing production of the umbrella tote bag included with some of its products. The company has
    10·1 answer
  • What is true about Title VII of the Civil Rights Act of 1964?
    15·1 answer
  • In two to three sentences, list the tree steps for effective decisions using marginal analysis
    6·1 answer
  • A stock brokerage firm is a licensed financial institution that select one:
    10·1 answer
  • When Congress passed the Sarbanes-Oxley Act of 2002, it imposed greater regulation on public companies and their auditors and re
    5·1 answer
  • Garcia Corporation purchased a truck by issuing an $80,000, 4-year, zero-interest-bearing note to Equinox Inc. The market rate o
    5·1 answer
  • Warp Manufacturing Corporation uses a standard cost system to collect costs related to the production of its ski lift chairs. Wa
    6·1 answer
  • Westfall Watches has two product lines: Luxury watches and Sporty watches. Income statement data for the most recent year follow
    15·1 answer
  • A private not-for-profit entity estimated its Allowance for Contractual Adjustment. During the next year, the hospital found tha
    6·1 answer
  • An increase in government spending shows up exclusively as a change in real gdp when?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!