All categories

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.

You might be interested in

The Presidential Cabinet consists of _____.

valkas [14]

The vice president and some other people i think<span />

7 0

3 years ago

On March 31, 2021, Chow Brothers, Inc., bought 8% of KT Manufacturing’s capital stock for $51.5 million. KT’s net income for the

In-s [12.5K]

Answer and Explanation:

a. The Journal entries are shown below:-

Investment - Capital stock Dr, $51.5 million

To Cash $51.5 million

(Being investment is recorded)

Unrealized holding gain or loss Dr, $15.5 million ($51.5 - $36.0)

To Fair value adjustment $15.5 million

(Being fair value adjustment is recorded)

b. Unrealized holding gain or loss Dr, $5.5 million ($51.5 - $30.5 - $15.5)

To Fair value adjustment $5.5 million

(Being fair value adjustment before sale is recorded)

Cash Dr, $30.5 million

Unrealized holding gain or loss Dr, $21 million

To Investment - Capital stock $51.5 million

(Being sale of investment is recorded)

4 0

3 years ago

On January 1, Ramirez Supply leased a car for a four-year period, at which time possession of the car will revert back to the le

ohaa [14]

Based on the amount that Ramirez guaranteed the lessor and the estimated residual value, the amount to be added to the right-of-use asset is $1,434.33.

<h3>What amount should be added to the right-of-use asset?</h3>

This would be the present value of the difference between the guaranteed amount and the estimated residual value.

= 42,300 - 40,200

= $2,100

Present value:

= 2,100 / (1 + 10%)⁴

= 1,434.328

= $1,434.33

In conclusion, the right-of-use asset amount to be added is $1,434.33.

Find out more on present value at brainly.com/question/20813161.

#SPJ1

5 0

2 years ago

What market structure has many relatively small buyers and sellers, a standardized product, good information to both buyers and

Ganezh [65]

Answer:

Perfect Competition

Explanation:

Perfect competition is a market characterized by many buyers and sellers that have full information and faces no barrier in entry and exit of the markets. It is the ideal form of market structure where competition is at is greatest possible value. The numerous buyers and sellers are engaged in trade of a homogeneous good in the market. It is also characterized by no long run economic profit and no control over prices.

5 0

3 years ago

Read 2 more answers

Frictional unemployment occurs because in a world of imperfect information, it takes ________ for people to find jobs.

deff fn [24]

Because it takes<u> time</u> for people to find work in a society with poor information, frictional unemployment happens.

The unemployment that results from regular labor turnover, such as persons joining and leaving the labor force, as well as the continuous creation and destruction of jobs, is known as frictional unemployment. It comprises employees who are either looking for employment or holding out for a job soon.

Frictional unemployment has the following examples: employees looking for new jobs after quitting their existing ones, employees want to shift careers. Those looking for their first job after graduating from college or those starting their first career in the workforce.

To learn more about frictional unemployment

brainly.com/question/27108843

#SPJ4

6 0

1 year ago