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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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________ provide(s) a methodology and tools for dealing with the organization's ongoing need to revise and optimize its numerous

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The answer : Business process management

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2 years ago

Marci Luner is going over the finances of her clothing boutique firm. If her firm has a net income of $131,000 and net sales of

MaRussiya [10]

Answer: The profit margin is 22.35 %

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3 years ago

Extra (unbudgeted) income left at the end of the month should be

Elina [12.6K]

Extra (unbudgeted) income left at the end of the month should be A) Saved for emergencies. Saving your extra money that you have not spent should be placed in a savings account and can help you later on in the future and provide for emergency funds if needed.

The answer is: A

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3 years ago

Were you to have information about the salaries of various levels of employees in each company, what would you use (mean, median

Usimov [2.4K]

We will use median to calculate various level of salaries of different employees.

Every individual has incomes and expenditures and some savings for the purpose of preparation of budget. Calculation of wealth can differ accordingly as wealth of the different employees would be different as per their earning.

There would be different employees in each company and taking out calculations on the basis of mean would not give any final result. Mode is the result of expected outcomes and will not give exact results. Hence, median would not be affected by small or large numbers so median would give exact results.

To learn more about median here,

brainly.com/question/21396105

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2 years ago

A parent sold land costing $400,000 to its subsidiary for $450,000 in 2017. The subsidiary still holds the land at the end of 20

nadezda [96]

Answer:

correct option is a. Land

Explanation:

given data

land costing = $400,000

subsidiary 2017 = $450,000

land credit = $50,000

solution

While when we consolidating land that will appear in the group asset at the amount of 450,000.

so here the appreciation in the value of land is not realized gain .

so that there will be credit to land with 50,000

so correct option is a. Land

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3 years ago