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KatRina [158]
3 years ago
12

Explain using examples the three measures of measuring GDP​

Business
1 answer:
Nina [5.8K]3 years ago
3 0

Answer: See explanation

Explanation:

The gross domestic product means the value in terms of money of the goods that a nation produces. The three measures of measuring the gross domestic product are:

1. Expenditure approach: This approach has to do with the addition of all the expenses that was incurred in a particular economy on the final goods and services. This can be calculated using C+I+G+(X-M)

where,

C = consumption.

I = investment

G = government expenditure

X = export

M = import

2. Income approach: This involves the addition of all the income that is earned in a particular country for the year. In this case, one will need to add the wages, salaries, interest, profit and rent.

3. Value added approach: This has to do with the addition of the value added which is down at every production level.

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What strategy did president roosevelt use to restore america's confidence in government and the private banking system?
Klio2033 [76]

The strategy used by president Roosevelt to restore America's confidence in government and the private banking system was that, he reassured fireside talks on the radio.

Roosevelt fought to expand the role of the federal government in the nation's economy, and also embraced Keynesian economic policies. He also implemented a series of projects and programs called the New Deal to stabilize the economy.

Roosevelt called his radio talks about issues of public concern as fireside talks. These talks made Americans feel as if President Roosevelt was talking directly to them. He continued to use fireside talks throughout his presidency to address the fears and concerns of the Americans

Hence, these talks gave confidence to the American people to overcome their fears.

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2 years ago
MC Qu. 166 Joe Jackson opened Jackson's... Joe Jackson opened Jackson's Repairs, Inc. on March 1 of the current year. During Mar
____ [38]

Answer:

D. $ 10,300

Choice D is correct:  Net income = $ 10,300

Explanation:

Cash Received =                                 $ 16000

Less Rent Paid=                                    ( $ 2000)

Add income =                                          $ 3000

Less Salaries for the month of March = ($ 6200)

Less utilities paid                                       ($ <u>500)</u>

<u>Net income=</u>                                               $ 10,300

Treatments.

Net income is found by deducting expenses from revenues earned

$ 100,000 is the retained earnings so it is not accounted for net income.

Equipment is an asset so it is not accounted for net income.

Cash received is the revenue so it is accounted.

Rent is an expense account so it is subtracted.

Income for service $ 3000 provided is also taken into account on matching principle basis.

Advance received will be adjusted when the services will be rendered on matching principle.

6 0
3 years ago
You are an occupational health nurse in a large ceramic manufacturing company. how would you intervene to prevent occupational l
Ira Lisetskai [31]

As a health nurse here are some prevention methods for lung diseases for the people that work in ceramic industry that everyone should be aware of:

  • Make sure to use a ceramic mask when you are working or mixing the clay to make sure you do not inhale any fine particles.
  • At all costs unnecessary exposure to the dust should be avoided as these dust particles when inhaled decrease the lung capacity.
  • Do not eat or drink at your working place as these will again go through your system leading to any damages.
  • Always be aware of the ingredients that are using if they are harmful the management should be made aware so that it doesn't harm when working with them.
  • Good and clean working environment with a flow of fresh air should be insured.

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3 0
2 years ago
Like many other marketing strategy specialists, mark fritz relies heavily on creativity and originality. members of his team are
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Democratic Leadership or perhaps Meritocracy
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4 years ago
Balloon manufacturer is trying to grow its sales by better addressing the needs of its customers. besides party stores, the comp
IgorLugansk [536]
There are lots of ways in which the balloon manufacturer will be able to know who are their other customers apart from those who purchase as stock in the party stores. They could do some research as to what other occasions are balloons useful for. This could be for the school fair as decors or used in the experiment, and many others.

They could also do surveys and other stuffs. By knowing what other purposes the balloons may have, they can design and manufacture the balloons accordingly with the proper material. 
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