Answer:
GDP per capita
Explanation:
GDP per capita of a nation represents the standard of living of an individual of that nation. Most of the bigger economies have largely focused on the GDP per capita rather than overall GDP of a nation.
GDP per capital is calculated as total GDP of a nation divided by the total population of that country.
If there is an increase in the GDP per capita of a country, this indicates that standard of living of each resident of that nation is improving which is a good indication for a country as a whole.
Answer:
C. Movement to the left along a given aggregate demand curve
Explanation:
Demand is the quantity of a good or service consumers are willing to buy at a given price over a given period of time. Price and demand tend to have a negative relationship. As price of a product increases, demand decreases as it is now more expensive and less affordable. On the other hand, when price decreases, demand increases as it is now cheaper than before.
To answer the question, as the price of a product increases, the quantity demanded falls, hence causing the leftward movement along the demand curve. A fall in price on the other hand, will cause a rightward movement along the demand curve.
Any other factor other than price such as a change in population, availability of substitutes and price of complementary products can cause a shift in the demand curve. If the factor is favorable, it causes a right-hand shift and if it is unfavorable, it causes a left-hand shift.
Answer:
a) Cash basis - 2017
b) Accrual basis - 2016
Explanation:
Requirement a)
The wage expense would be reported in 2017 on the income statement under the cash basis. According to the cash basis accounting, the expenses have occurred only when the cash is paid. Therefore, whatever the employees did in 2016 would not be reported as an expense if they did not get the payment in 2016. Managers cannot apply the matching principle in Cash basis accounting.
Requirement b)
The wage expense would be reported in 2016 on the income statement under the cash basis. It matches with the matching principle. It is a matching concept example. According to the accrual basis accounting, the expenses would be reported whenever the employees performed for the company regardless of getting paid on that year or not.
Explaining the upward trend in the inventory turnover ratio requires more examination into the factor responsible for the cause of the increase in inventory turnover. Inventory turnover could be as a result of declining inventory or increasing sales.
<h3>Description of inventory turnover.</h3>
Inventory turnover is an example of an activity ratio Activity ratios measure a firm's efficiency in performing daily tasks.
Inventory turnover is cost of goods sold divided by average inventory.
The higher inventory turnover is, the better. But it should be noted that a higher inventory turnover could be a s result of declining inventory or increasing sales.
To learn more about financial ratios, please check: brainly.com/question/26092288
Answer:
Medical Occupations provides an introduction and broad exploration into several careers within the medical field including: Medical Assisting, Emergency Medicine, Veterinary Medicine, Dental Assisting/Hygienist, Geriatric Assistant, Pharmacy Technician, Physical Therapy, Surgical Technician and Nursing.
Explanation:
its importance are: The main focus of occupational health include promotion and maintenance of working capacity and employee health; improvement of working environment; development of work cultures and organizations to support health and safety; promotion of positive social climate and smooth operation; enhanced productivity of the ..
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