Answer:
The correct answer is option b.
Explanation:
The nominal GDP is a measure of economic growth. It shows the quantity of final goods produced in an economy at the current market prices. It is not inflation adjusted and thus includes fluctuations in price level.
The real GDP on the other hand is exclusive of inflation. IT is a inflation adjusted measure and measures the growth in economic output at constant prices.
So, the basic difference between the two is that nominal GDP is based on current prices, while real GDP is based on constant prices.
Answer:
Option A seems to be the correct approach.
Explanation:
- A financial lease seems to be a contractual contract in which: the lessee requires a property. Consider buying the commodity from the lessor. Mostly during the rental agreement, the lessee seems to be using that income stream.
- The obligation to pay a sequence of installments or leases and the use of the commodity. Although a finance lease becomes capitalized, the financial statement raises when both capital as well as the responsibilities.
The other alternatives in question aren't relevant to something like a particular circumstance. Then the above will have to be a viable substitute.
Answer:
See the pictures for detailed answer.
Explanation:
See the pictures for explanation.
Answer:
B) 1
Explanation:
The only idea that can actually help a poor country's economy to grow, is to:
- 3. Work to promote political stability in poor countries
Politically stable countries and specially democracies tend to achieve higher growth rates.
the other arguments were wrong because:
1. Prevent U.S. corporations from investing in poor countries because they take profits that the poor countries should have; <u>FALSE</u>, because foreign investment and trade benefits both rich and poor countries.
2. Not import goods from poor countries that use child labor; <u>FALSE</u>, unless economic conditions improve in countries that use child labor, not buying goods from them will only hurt them more.
4. Reduce poor countries’ reliance on market forces in their economies. <u>FALSE</u>, market economies tend to grow and develop faster than command economies.