A. because The United States and other countries import and export goods for the need of there country.
Answer: c. not included in GDP because they are not payments for currently produced goods or services.
Explanation: Transfer payments are usually not included in the GDP because they do not represent payments made for recently produced goods or services.
The Gross Domestic Product (GDP) is the monetary value attached to all finished goods and services produced within a country during a time period.
Answer:
Yes, it is very much important to understand diversity for any kind of business all over the world particularly in the United States today, because it is very much true that we all are not the same in many ways. But managers, many times forget, bypass or surpass this fact. Managers should take individual differences into account, they definitely are required to consider them to get the most and maximum from their workforce. There are many reasons which should be kept in mind while understanding the diversity. Managing diversity definitely needs a certain atmosphere where people from different cultures, social background, and different in many others aspects like age, education, gender and race etc. can work together effectively with full coordination and cooperation. It enables people to attain their full potential at the workplace. It eliminates and removes all kind of discrimination among workers, moreover, it helps organisation to achieve their aims and goals. Managers need to manage diversity effectively if they want an increased access to the widest range of abilities, skills and ideas in the today's world. They should also know that the differences among workforce can surely and definitely lead towards misunderstanding, miscommunication and conflict.
Answer: Option C
Explanation: As per the leader- member exchange model, the relationship between the senior and subordinate is based on the honesty and truth and extends beyond the employment relations.
This model is often used by the organisations that gives high importance to the employees and tries to maintain healthy relationships and positive environment within the workplace.
Hence from the above we can conclude that the correct option is C .
Answer:
Interest
Explanation:
Opportunity cost of the money is the Interest that could have been earned on that money has the borrower saved it in the bank. Thus, the missing word here is Interest.
