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2 years ago

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

Business

1 answer:

kherson [118]2 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

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Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on whic

Orlov [11]

Answer:

9644

Explanation:

cost of paper on which a card is printed = $0.40 per card

cost of printing = $0.10 per card

profit made per card sold = $3.75

number of areas where customers are located (n)= 4

mean of customers from each region = 2300

standard deviation for each region = 200

note : each region is independent

The optimal production quantity for the card can be calculated going through these steps

first we determine

the cost of card = $0.10 + $0.40 = $0.50

selling value = $3.75

salvage value = 0

next we calculate for the z value

= ( selling value - cost of card) / ( selling price - salvage value )

= ( 3.75 - 0.50 ) / 3.75 = 0.8667

Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV ( 0.8667 )

next we calculate

<em>u</em> = n * mean demand

= 4 * 2300 = 9200

б = $200\sqrt{n}$ = 200 * 2

= 400

Hence optimal production quantity for the card

= <em>u</em> + Z (0.8667 ) * б

= 9200 + 1.110926 * 400

= 9644.3704

≈ 9644

3 0

3 years ago

Which hipaa standard requires providers and their business associates to put in place policies and procedures that ensure privac

mel-nik [20]

HIPAA's Security Rule at §164.308 - Administrative safeguards starts with (a) "A covered entity or business associate must, in accordance with §164.306", and then continues to make various calls to "Implement policies and procedures" ...
Then, on the Privacy Rule, a BA is not directly required to comply with the Privacy Rule, except as specified within the Security Rule, but may be required to comply with those sections of the Privacy Rule that are specified in the contract or BAA (requirement) with its Covered Entity clients.

7 0

3 years ago

Ensuring that the organization meets goals, and working with employees to accomplish organizational goals are both classified as

attashe74 [19]

Answer: Management

Explanation:

Management ensures that organizational goals are met. The management plans, leads, control and organizes in order to ensure goals are achieved.

The function of accounting is to give financial information whihc are required by the business and its stakeholders.

The function of marketing is to ensure that products reach the consumers. It ensures delivery of products.

The human resource develops the workers. They train, revruit, discuss wages and salaries etc.

Based on the above, the answer is management.

7 0

3 years ago

Informal logic is __________.

Kobotan [32]

Its the study of formal validity without a focus on everyday usages of critical thinking

5 0

3 years ago

Zero Corp's total common equity at the end of last year was $350,000 and its net income was $70,000. What was its ROE

Arturiano [62]

Answer:

ROE = 20%

Explanation:

Given:

Common equity = $350,000

Net income = $70,000

Find:

ROE

Computation:

ROE = [Net income/Common equity]100

ROE = [$70,000/$350,000]100

ROE = 20%

5 0

3 years ago