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Alex Ar [27]
3 years ago
11

The most common method of evaluating the economic health of a country is to use metrics that measure the country's ______. Multi

ple choice question. trade balance economic output currency value consumption of goods and services
Business
1 answer:
guapka [62]3 years ago
6 0

Economic output is the most common metrics method of evaluating the economic health of a country.

<h3>What is economic output?</h3>

Economic output as the name implies, measures the value of all sales of goods and services produced in a country.  It indicates that the amount of output or income per person in an economy.

Economic output shows how much goods and services produced in a country are sold within a period of time.

Hence, economic output is the most common metrics method of evaluating the economic health of a country.

Learn more about economic output here: brainly.com/question/18633771

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When the economy is at its highest level of expansion, it is said to have reached its _____. trough contraction peak none of the
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3 years ago
An individual has utility function U(x)=x1/4U(x)=x1/4 for salary, and is considering new job offer which pays $80,000 with a bon
vladimir2022 [97]

Answer:

108,280.22

Explanation:

Certainty equivalent is solved by taking the inverse utility function from the expected utility of a random wealth variable

U(x) = x^1/4

U^-1(x) = x^4

U^-1(x) === x^4

CE(x) = x^4

Salary   Bonus   Total income   U(x)= x^(1/4)       P(x)        U(x)*P(x)

80000       0          80000               16.82                1/7             2.4

80000    10000     90000               17.32                1/7            2.47

80000    20000    100000              17.78                1/7            2.54

80000    30000    110000               18.21                 1/7            2.6

80000    40000    120000              18.61                 1/7            2.66

80000    50000    130000              18.99                1/7            2.71

80000    60000    140000              19.34                1/7             <u>2.76</u>

Sum                                                                                             <u>18.14</u>

CE(x) =  18.14^4

CE(x) = 108280.22

So therefore,  the certainty equivalent of this job offer is 108,280.22

5 0
3 years ago
Suppose that Eleanor receives higher pay at her workplace than her colleagues do, even though they perform essentially the same
Scrat [10]

Answer:

The answers are letters D and E

Explanation:

The effort and the human capital can explain this wage disparity.

5 0
3 years ago
Read 2 more answers
Candy Company had sales of $320,000 and cost of goods sold of $112,000. What is the gross profit margin (ratio of gross profit t
Strike441 [17]

Answer:

The gross profit margin of Candy Company is 65% (second option)

Explanation:

The gross profit margin is defined as:

Mg = (sales - costs) / price of sales  

If for Candy Company the cost are $112,000 and sales $320,000 then the gross profit margin is:

Mg = ($320,000- $112,000) * 100% / $320,000  =  

Mg = $208,000 * 100% / $320,000  =  0.65 * 100%

Mg  =  0.65 * 100%  

Mg  =  65%  

6 0
4 years ago
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