Answer:
Explanation:
If the Boskin Commission's estimate was right and consumer price index overstated inflation by 1.1% every year, this is what we can derive about REAL GDP PER CAPITA and GENERAL LIVING STANDARDS IN THE UNITED STATES:
(A) Real Gross Domestic Product per Capita is the total (gross) production per head or per person (per capita) within (domestic) an economy; after accounting or adjusting for inflation. Before adjusting for inflation, we have the Nominal GDP. So the term "real" shows that the value has accounted for inflation. If inflation is positive in the economy, then Real GDP figure will be less than Nominal GDP figure. I hope you understand this background information.
So if consumer price index is overstating inflation, real GDP per capita will be higher than it is perceived/calculated to be, in those years
(B) The general standard of living (which is affected by consumer price index) would also be higher than perceived or calculated.
Note here that the 'general' standard of living is a measure that sums up living standard 'per capita'.
In business, the Theory of Constraints is a methodology or set of principles to improve possible constraints or bottlenecks and maximize results (Option B).
In companies, it is common goals or projects are limited by factors such as:
- Time.
- Communication problems.
- Limited resources.
- Leadership issues.
- Among others.
These limitations are known as constraints or bottlenecks. Moreover, the Theory of Constraints proposes these factors can help companies achieve a goal or maximize results if the company focuses on improving these limiting aspects.
This means this theory states the process and results can be increased if the bottleneck activities are also maximized (option B).
Learn more in: brainly.com/question/20040228
Answer:
The programmer can get $20,250
Explanation:
Take the amount of 300,000 multiple by the point the programmer is worth then divide by the total points for the employees.
300000*27/400= 20250
Answer:
b. the goal of marketing is to set the price
Explanation:
6 fundamentals of marketing includes: satisfaction of customers needs or demands, continuous nature of marketing, sequential steps in marketing, key role of marketing research, interdependence of hospitality and travel organizations, organization-wide and multi department effort.
The goal of marketing has to to be the satisfaction of customers and the captured value from customers and business relationship.
Plan about price has to be set, adjusted based on the changes and requirements of customers' needs and wants.
