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3 years ago

GDP is not a perfect measure of well-being because_________.

Business

1 answer:

ValentinkaMS [17]3 years ago

7 0

Answer:

GDP is not a perfect measure of well-being because

D. GDP is not adjusted for pollution

Explanation:

If two countries have equal GDPs but one has cleaner natural resources than the other. Then, the country with the clean environment will have better well-being.

This calculation is not included in the GDP. Only the total production of goods and services are included.

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Suppose that the banking system in Canada has a required reserve ratio of 10 percent while the banking system in the United Stat

Mariulka [41]

I understand here the "money creation" to mean that the money would enter the circulation. Then the bigger amount of money creation is when less money needs to be retained by the banks!
and if the bank has to keep 10%, this is less than when it needs to keep 20% - so more money would enter the market in Canada!

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3 years ago

The term protectionism, when applied to international trade, refers to governmental restrictions and incentives to affect trade

SVETLANKA909090 [29]

Answer:

True

Explanation:

Protectionism refers to barrier on import products by restricting products from the foreign market. it can be achieved by putting heavy taxes on imports or implying strict regulation on import products.

it is not a fixed approach it is done when a country decides to go strong in the manufacturing field or want to strengthen its domestic industries by giving subsidy for setting up industries.

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3 years ago

Which of the following statements successfully conveys the meaning of dollar votes? a concept that explains inflation and its ef

PSYCHO15rus [73]

Answer:

a concept that explains how a customer’s choices affect which products a business should continue to supply in the market

Explanation:

In simple words, Dollar voting relates to the example used only to relate to the effect of consumer demand on the behavior of suppliers via the stream of consumer purchases for their commodities to the suppliers.

In the potential, goods which people purchase will continue to be made. Throughout the future, product lines which are not selling as well as anticipated will probably have fewer productive assets. Efficiently, customers vote for "finalists" as well as "whiners" with their transactions as per this metaphor.

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3 years ago

Read 2 more answers

Benefits Offered "Must-Haves":

Bumek [7]

Answer: Extended Health and Dental, Life Insurance and Critical Illness Coverage and Wellness. (Hope this helps!)

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3 years ago

The ABC Corporation has purchased 50 pieces of a specially designed electronic component at $2,000 per unit. In the $2,000 selli

snow_lady [41]

Answer:

cumulative learning factor for 85% and 400 units = 127.6

cumulative learning factor for 90% and 400 units = 189.3

total labor costs for producing the next 350 units = labor cost for producing 400 units - labor cost for producing 50 units

85% learning curve:

total labor costs for producing 400 units = $1,000 x 127.6 = $127,600

total labor costs for producing 50 units = $1,000 x 50 = $50,000

total labor costs for producing the next 350 units = $127,600 - $50,000 = $77,600

labor cost per unit = $77,600 / 350 = $221.71

90% learning curve:

total labor costs for producing 400 units = $1,000 x 189.3 = $189,300

total labor costs for producing 50 units = $1,000 x 50 = $50,000

total labor costs for producing the next 350 units = $189,300 - $50,000 = $139,300

labor cost per unit = $139,300 / 350 = $398

6 0

3 years ago