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avanturin [10]
3 years ago
12

Why is it important for economists to determine factors influencing real GDP ?

Business
1 answer:
olga2289 [7]3 years ago
8 0

Answer:

It is a key indicator of the overall health and growth of the economy, and it is used to determine economic policy going forward. For example, the Federal Reserve factors real GDP as well as the rate of inflation into its decisions on influencing the money supply.

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To create the best design concept for your client, it is generally best to only consider the culture in which the interior desig
Komok [63]

I say false because you would need to know what they like or dislike

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4 years ago
Based on the following information, what is the balance on the financial account? Exports of goods and services = $5 billion Imp
Olegator [25]

Answer:

3 billion

Explanation:

the financial account will be the cash inflow less the cash outflow:

Increase in foreign holdings of assets in the United States = $4 billion Increase in U.S. holdings of assets in foreign countries = -$1 billion

4 billion of dollar enter the US from aboard while 1 billion left the country with destination aboard in total the financial account will be:

4 billion - 1 billion = 3 billion

4 0
4 years ago
as the ot consultant on a corporation’s ergonomics team, you notice an increased incidence of work-related musculoskeletal disor
belka [17]

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Pursuing a career in consulting may be difficult. however, for MBA graduates with the proper skillset, consulting provides an amazing and beneficial professional course and a variety of globally renowned companies to paint for.

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3 0
2 years ago
The interest rate does not affect the intertemporal budget constraint.<br> a. True<br> b. False
Kruka [31]

Answer:

False

Explanation:

The correct answer is false because the interest rate does affect the intertemporal budget constraint.

A higher interest rate, will cause the budget line to pivot upwards while a lower rate will make the budget line to pivot downward.

The intertemporal budget constraint can used to show a decision on how to save. It refers to the constraint which an individual encounters when making choices for the present and for the future. It reflects a consumer's decision on the amount to consume in the present and the amount to save in the future.

6 0
4 years ago
The following costs are included in a recent summary of data for a company: advertising expense, $99,500; depreciation expense -
Lyrx [107]

Answer:

Total overhead= $267,000

Explanation:

Giving the following information:

advertising expense, $99,500

depreciation expense - factory building, $147,500

direct labor, $264,500

direct material used, $314,500

factory utilities, $119,500

sales salaries expense, $164,500.

The overhead costs are all costs incurred involved in the production, but can't be directly assigned to a single product line.

Total overhead= depreciation of factory + factory utilities

Total overhead= 147,500 + 119,500= $267,000

Depreciation is not a cash disbursement.

3 0
3 years ago
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