The more reliable measure for comparing changes in the standard of living over a series of years is increase in GDP per capital.
<h3>What is GDP per capita?</h3>
GDP per capita serves as the measures that is been used in economic output of a nation per person.
It helps in the determining the prosperity of a nation as regards the economic growth per person in that nation, hence, The more reliable measure for comparing changes in the standard of living over a series of years is increase in GDP per capital.
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<u>Answer:
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According to eNotes, over-processing is the organizational waste that refers to doing work that is unnecessary or undesired and is a waste of time and resources.
<u>Explanation:
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- When the financial gains that a particular work is going to dispense is not worth the time and resources that are being spent on it, the work can be deemed as over-processing waste.
- Hence, the term over-processing refers to the wastage of time, money, and other resources that are put in to get an output that is way too small as far as the input is concerned.
Answer:
a. If the overall unemployment rate is 6 percent, teenage unemployment rates will exceed 12 percent.
Explanation:
Positive economics refers to the description of facts and information related to the economic situation of a country or region. It simply means explaining the facts and reality that is proven by theoretical work as well. It highlights the cause and effect relationships between different economic phenomenon. Here, the statement that if the overall unemployment rate is 6 percent, teenage unemployment rates will exceed 12 percent fulfills this criteria as it presents a simple and well-known fact that teenage unemployment rates are usually higher than the overall unemployment rate and can be double. This is because of a lack of skill set and experience at the youth level as compared to older age groups.
Answer:
lovely.
Explanation:
is there a question supposed to be attached?
The conclusion of this is that death penalty should be abolished. nobody has the right to take life apart from the cycle of nature itself or God. Even the individual has no right to take out their life.
The main aim of sentencing a person is to offer correction measures and death is not one of them.
this is however contentious because some hardened criminals have their victims baying for revenge, and death is one of their desires.