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2 years ago

1.Why is GDP / Capita a more accurate way of determining the well-being of a people?

Business

1 answer:

Vesnalui [34]2 years ago

5 0

Answer:

1. GDP is an indicator of a society's standard of living, but it is only a rough indicator because it does not directly account for leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology. 2. Real GDP is accurate to hundreds of dollars; nominal GDP is accurate to thousands of dollars. 3. Nominal GDP is an assessment of economic production in an economy that includes current prices in its calculation. 4. The four stages of the cycle are expansion, peak, contraction, and trough. Factors such as GDP, interest rates, total employment, and consumer spending, can help determine the current stage of the economic cycle. Insight into economic cycles can be very useful for businesses and investors.

Explanation:

I hope this can help :)

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If the economy is falling below potential real GDP, which of the following would be an appropriate fiscal policy to bring the e

IceJOKER [234]

Answer:

Government spending

Explanation:

Expanded government spending is probably going to cause an ascent in aggregate demand (AD). This can prompt higher development momentarily. It can likewise increase the overall GDP. Higher government spending will likewise affect the supply side of the economy. Likewise, increase in government spending centres to apply fiscal policy is a way which could improve the economic situation of the country, it can also improve efficiency and a development over the long-run.

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3 years ago

It is estimated that the average cost of an outbound telemarketing sales calls on a business customer is about __________, versu

4vir4ik [10]

Answer:

Around $35

Explanation:

Telemarketing sales calls offers lots of advantages like boosting sales in most organizations. You will have to sign a contract where you agree to pay for a minimum number of hours.

Another advantage is that If you need to do some research in advance of product development or product launches, there is some value in having those research calls made by the same telemarketing team that will ultimately be selling the product.

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3 years ago

Why should a team leader refer any serious conflicts to Human Resources or

vovikov84 [41]

Answer:

Explanation:

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3 years ago

At the beginning of the year, Monroe Company estimates annual overhead costs to be $800,000 and that 200,000 machine hours will

lora16 [44]

Answer:

$600,000

Explanation:

For computing the overhead applied first we have to find out the predetermined overhead rate

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)

= $800,000 ÷ 200,000 hours

= $4

Now the overhead applied is

= Actual direct labor-hours × predetermined overhead rate

= 150,000 hours × $4

= $600,000

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2 years ago

The part of the balance of payments account that lists all long-term flows of payments is called the: A. financial and capital a

Sauron [17]

C I think is the answer look it up

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3 years ago