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3 years ago

Discuss two shortcomings of using Gross Domestic Product as the primary measure of a country’s economic performance.

1 answer:

6 0

The exclusion of non-market transactions. The failure to account for or represent the degree of income inequality in society. The failure to indicate whether the nation's rate of growth is sustainable or not.

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Why is investing important in an economy?

zheka24 [161]

Investing is important to make the cash flow of the economy.

Explanation:

The most vital component of a growing economy is the cash flow.

If the cash is not flowing from one business and one hand to another the economy is bogged down and then a slowdown occurs all across with a ripple effect.

Investments constantly bring capital in for the companies that are then able to spend that investment and to bring more and more money into the cash flow of the economy thus strengthening the circulation and creating growth.

This growth is what ultimately results in the growth of the whole economy.

8 0

3 years ago

Instead of only meeting the goals of upper management, Malcolm also could have tried to meet the goals of his team members. This

Usimov [2.4K]

Answer:

servant leadership

Explanation:

Definition:

A servant leader focuses primarily on the growth and well being of people and communities to which they belong. The leader shares power, puts the needs of others first and helps people develop to their fullest potential.

How Malcolm could have demonstrated servant leadership:

Focus on serving employees’ needs .
Develop employees to unleash potential in them .
Coach and encourage others to participate in organizational activities .
Create enabling work environment for personal growth and maximum participation by all.
Move away from self –serving, domineering leadership to respect, value and motivate subordinates .

5 0

3 years ago

Read 2 more answers

. Department C is the first stage of Cohen Corporation's production cycle. The following equivalent unit information is availabl

allsm [11]

Answer:

1,657,000 units

Explanation:

The FIFO method is concerned with the work done in the current production period.

<u>Equivalent Units of Production - Conversion Costs</u>

To finish Opening Work In Process ( 85,000 x 80%) 68,000

Started and Completed [(1,430,000 - 85,000) x 100%] 1,345,000

Ending Work In Process 305,000 x 80% 244,000

Total Equivalent Units of Production - Conversion Costs 1,657,000

therefore,

the equivalent units for the conversion cost calculation are: 1,657,000 units

6 0

3 years ago

What will happen to the demand curve if government regulations require that all households have at least 2 carbon monoxide alarm

balandron [24]

It's B

hopefully that helped someone

5 0

3 years ago

NeNe is an accountant and a U.S. citizen who has accepted a permanent position in Madrid, Spain, for a Spanish financial service

s2008m [1.1K]

Question options:

a) NeNe can exclude all of the housing payment because she worked more than 330 days overseas

b) 16,128

c) 23,872

d) 14,112

e) None of her salary can be excluded from gross income

Answer:

a) NeNe can exclude all of the housing payment because she worked more than 330 days overseas

Explanation:

US citizens working and living abroad would still have to remit taxes to the US, albeit with exclusions.

Under US tax law, IRS states that US citizens may deduct/exclude the value of meal and lodging expenses granted to them by the employer. Under the foreign housing exclusion, Nene qualifies for the benefits of housing exclusion because she has a foreign earned income and has lived at least 330 days within a period of 12 consecutive months in the foreign country.

4 0

3 years ago