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STatiana [176]
3 years ago
8

How does a country's GDP help you determine if its economy is strong or weak?

Business
2 answers:
IceJOKER [234]3 years ago
8 0
The GDP means gross domestic product. When it increases then it means the economy is getting stronger or is already strong. If it decreases then it becomes weaker or is already weak.
Nonamiya [84]3 years ago
7 0

:

The gross domestic product (GDP) is one of the primary indicators used to gauge the health of a country's economy. It represents the total dollar value of all goods and services produced over a specific time period, often referred to as the size of the economy. Usually, GDP is expressed as a comparison to the previous quarter or year. For example, if the Q3 2017 GDP of a country is up 3%, the economy of that country has grown by 3% over the third quarter. While quarterly growth rates are a periodic measure of how the economy is faring, annual GDP figures are often considered the benchmark for the size of the economy.

Read more: What is GDP and why is it so important to economists and investors? | Investopedia https://www.investopedia.com/ask/answers/what-is-gdp-why-its-important-to-economists-investors/#ixzz5Q9HNoybf  



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If the banking system does NOT want to hold any excess reserves,  $250,000 will be <u>added </u>to the money supply.

<h3>What is an excess reserves?</h3>

Excess reserves is known to be the capital reserves that is said to be held by a bank or financial institution and it is one that is too much or is in excess of what is needed by regulators, creditors, or others.

Since there is  $25,000 worth of U.S. Treasury bills, one will multiply it times 10 = $250,000

Therefore,  If the banking system does NOT want to hold any excess reserves,  $250,000 will be <u>added </u>to the money supply.

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brainly.com/question/17099821

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2 years ago
Suppose the price of hot wings is $10, the price of beer is $1, and the consumer’s income is $50. In addition, suppose the consu
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a. budget constraint intersects the vertical axis at 25 beers.

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A budget constraint shows all the combinations that a consumer might purchase of two given products or services. The total consumption can be represented by a consumption possibilities frontier curve:

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If some activity creates external benefits as well as private benefits, then economic theory suggests that the activity ought to
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Sue's total deductions = $25 + $6 + $400 + $370 = $801

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Which days can be selected as the first day of the week for a calendar?
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Sunday or Monday, depending on what loacation.
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