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
Ede4ka [16]
3 years ago
10

How useful is GDP as an economic indicator? Answer in 4-6 sentences.

Business
1 answer:
kherson [118]3 years ago
4 0

Answer:

it represents the value of all goods and services produced over a specific time period within a country's borders.

Economists can use GDP to determine whether an economy is growing or experiencing a recession.

Investors can use GDP to make investments decisions

a bad economy means lower earnings and lower stock prices.

Explanation:

good luck

You might be interested in
You are trying to decide which of two automobiles to buy. The first is American-made, costs $3.0500 x 104, and travels 28.0 mile
siniylev [52]

Answer:

Both cars(American and European) must travel 8,060 kilo metres each during their lifetime for the total cost(purchase cost + fuel equivalent) to be equivalent

Explanation:

With regards to the above, the cost equation for both cars will be equated together.

Furthermore, we will convert gallons into litres while also converting miles into kilometers.

Since 1 gallon has 3.785 litres; 1 mile also has 1.609 kilo metre, hence milage of the first car in kilo metre per litre would be ;

Milage American made = [ 28 miles × 1.609 ] / 3.785

= 11.90 kilo meter per litres.

Cost of Gas per litre = $3 per gallon / 3.785

= 0.79 per litre

Gas cost per kilo metre(American made) = 0.79 per litre / 11.90

= 0.066 per km

Gas cost per kilo metre(European made) = 0.79 per litre / 19.0

= 0.042 per km

We can sum up the equation of first car which is American made( Purchase price + Fuel cost)

We can make a be the number of kilo metres where total cost for both cars would be equal.

Total cost = 317.2 + 0.066a

Also, the total cost equation - purchase price + fuel cost of European car is represented as;

Total cost = 510.64 + 0.042a

317.2 + 0.066a = 510.64 + 0.042a

Collect like terms

0.066a - 0.042a = 510.64 - 317.2

0.024a = 193.44

a = 8,060 kilo metres

Therefore, both cars(American and European) must travel each 8,060 kilo metres in their life time for the total costs( purchase cost + fuel cost) to be equivalent.

5 0
4 years ago
Would the cash be a credit?
Ghella [55]

Answer:

no cash would not be a credit

Explanation:

3 0
3 years ago
What is the purpose of jim lentz’s series of presentations to toyota employees in california?.
Serggg [28]
<h3>Answer</h3>

To address employees concerns and provide details about relocation.

<h3></h3>

Explanation

CEO Jim Lent addressed the employees at Toyota to their concerns and to inform them about the relocation that is planned at a board level and then it is to be implemented.

CEO of Toyota is therefore addressing the employees to provide them details about relocation and to address their concerns.

<h3>Conclusion</h3>

Jim Lent CEO of Toyota, addressed the employees to provide them details about relocation and to address their concerns.

Learn more about Business at brainly.com/question/26562433

6 0
3 years ago
The accounting equation can be stated as
Alexxx [7]

Answer:

a

Explanation:

a

4 0
4 years ago
Why do cell phone service firms charge more on prepaid<br>​
lubasha [3.4K]

I will give you a link from quizlet. Just wait..

4 0
3 years ago
Other questions:
  • Company had inventory on November 1 of 5 units at a cost of $17 each. On November 2, they purchased 12 units at $19 each. On Nov
    9·1 answer
  • Why does a business need a vision statement, a mission statement, and goals? explain
    12·2 answers
  • The final paragraph of a letter of application explains why you are writing the letter
    12·1 answer
  • e-Shop, Inc. has net sales on account of​ $1,500,000. The average net accounts receivable are​ $610,000. Calculate the​ days' sa
    8·1 answer
  • Zona pharmaceuticals is a global pharmaceutical firm based out of Texas. It employs 3200 people who work all over the United Sta
    13·1 answer
  • PLEASE HELP ME????
    10·2 answers
  • n May 1, 2009 Giltus Advertising Company received $1,500 from Julie Bee for advertising services to be completed April 30, 2010.
    9·1 answer
  • . For this project, assume that an organization has five servers. Server 1 has a TCO of $25,000, Server 2 and 3 have a TCO of $3
    7·2 answers
  • Choose the statement that is incorrect.
    11·1 answer
  • Colin told the management team that their Ohio-based company should produce the textiles for the new line of jackets in China be
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!