Potential GDP is defined as the maximum quantity that an economy can produce given its existing levels of labor, physical capital, and technology, in the context of its existing market and legal institutions. Potential GDP is also called

Answers

Answer 1

Answer:

potential output or natural GDP

Explanation:

Potential gross domestic product (GDP) is the level of output which any economy can produce at a constant inflation rate.

When GDP falls short of that natural limit, it means the country is failing to live up to its economic potential. When GDP exceeds that natural limit, inflation is likely to follow. This is why potential GDP is sometimes referred to as potential output or natural GDP.


Related Questions

The Solow model demonstrates that A) in the absence of productivity growth, economic growth will turn negative in the long run. B) in the absence of productivity growth, economic growth will reach a steady state of zero per-capita growth in the long run. C) productivity growth will inevitably decline due to diminishing marginal productivity. D) productivity growth must exceed the rate of growth in the population to avoid a steady state in the long run

Answers

Answer:

Option B: In the absence of productivity growth, economic growth will reach a steady state of zero per-capita growth in the long run

Explanation:

The Solow model

This is the production function that gives people enough free hand or rooms to consider the accumulation of capital as a useful tool of long-run economic growth it is a dynamic model. Even if it can only mathematically solve for the endogenous variables in steady state, they are subscripted by time because the model holds at all points in time. And its addition to the production model includes capital stock is therefore not exogenous and the accumulation of capital is a possible tool of long-run economic growth.

Solow Model Strengths includes;

1. It gives a theory that shows how rich a country is in the long run( e.g. steady state)

2. It helps to understand differences in growth rates by using the principle of transition dynamics

Solow Model Weaknesses includes.

1. If the main tool studied in the model is investment in physical capital, that explains only a small fraction of the differences in income across countries

2. The model do not clearly explain differences in investment rates etc.

Hey! I need definitions to the following.
Temperance -
Justice -
Courage -
Perseverance -
Loyalty -
Commitment -
Pride -
Conviction -
Responsibility -
Self-Discipline
Compassion
Humility
Vitality
Dedication
Assertiveness
Fidelity
Forgiveness
Integrity
Respect for Authority
Etiquette
Work
Appreciating Cultural Diversity

Thank you so much

Answers

Answer:

Temperance - moderation or voluntary self-restraint

Justice - just behavior or treatment

Courage - the ability to do something that frightens one

Perseverance - persistence in doing something despite difficulty or delay in achieving success

Loyalty - a devotion and faithfulness to a nation, cause, philosophy, country, group, or person

Commitment - the state or quality of being dedicated to a cause, activity, etc.

Pride - a feeling of deep pleasure or satisfaction derived from one's own achievements

Conviction - the verdict that usually results when a court of law finds a defendant guilty of a crime

Responsibility - the state or fact of having a duty to deal with something or of having control over someone

Self-Discipline - the ability to control one's feelings and overcome one's weaknesses

Compassion - sympathetic pity and concern for the sufferings or misfortunes of others

Humility - the quality of being humble

Vitality - the state of being strong and active; energy

Dedication - the quality of being dedicated or committed to a task or purpose

Assertiveness - confident and forceful behavior

Fidelity - faithfulness to a person, cause, or belief, demonstrated by continuing loyalty and support

Forgiveness - the action or process of forgiving or being forgiven

Integrity - the quality of being honest and having strong moral principles; moral uprightness

Respect for Authority - to feel or show esteem, honor, and appreciation for

Etiquette - the customary code of polite behavior in society or among members of a particular profession or group

Work - activity involving mental or physical effort done in order to achieve a purpose or result

Appreciating Cultural Diversity - It is, well, appreciating cultural diversity! :D

Explanation:

I mean, you could have just searched it up :D

Explain in brief about market development​

Answers

Answer:

Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market. The company looks for new buyers to pitch the product to a different segment of consumers in an effort to increase sales.

Answer:

Definition: Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market. The company looks for new buyers to pitch the product to a different segment of consumers in an effort to increase sales

Explanation:

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School-aged children are regularly asked to fundraise for their school. Typically, they are required to sell a minimum amount. This mandate results in most students selling that minimum, with some exceptional children selling far larger quantities. The minimum sales constraint that likely causes positively skewed data is consistent with a: Group of answer choices

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Ceiling effect.

b) Floor Effect.

And the correct answer is B: Floor effect.

Explanation:

To begin with, in the field of statistics the term known as "Floor Effect" refers to the situation in where the gathering of data regarding an statistic instrument about a subject turns out to have a lower limit to the data values it can reliably specify. And the floor is understood to be as that lower limit in the chart or graphic created in the study of the subject. Moreover, this term is also used in the field of psychology when test are done to subjects in study as well.

Which of the following is the definition of customer experience?
A. The product of an interaction between an organization and a customer.
B. The product of upselling a customer.
C. The product of an interaction between the organization's employees.
D. The product of customer referrals

Answers

Answer:

a

Explanation:

five examples of capital​

Answers

Answer:

Capital can include funds held in deposit accounts, tangible machinery like production equipment, machinery, storage buildings, and more.

company cars.

patents.

software.

brand names.

bank accounts.

stock.

Answer:

Capital can include funds held in deposit accounts, tangible machinery like production equipment, machinery, storage buildings, and more.  

company cars

patents

software

brand names

bank accounts

stock

Rosa, an entrepreneur, wants to measure the overall health of her small business by using a form of ratio analysis. Her chosen method requires her to measure how often she must restock her firm's inventory, examine how quickly her firm can turn credit sales into cash, and measure the productivity of her firm's fixed assets. In this scenario, the ratio analysis method chosen by Rosa requires the measurement of her firm's _____.

Answers

Answer:

activity ratios

Explanation:

Activity ratios are various metrics that are used to see how efficient the operations of a business are in using their capital and assets.

Activity ratios include: stock turnover, debtors turnover ratio, working capital turnover ratio, investment turnover ratio, and so on.

In the given scenario where Rosa wants to measure how often she must restock her firm's inventory, examine how quickly her firm can turn credit sales into cash, and measure the productivity of her firm's fixed assets.

She needs to measure her activity ratios

Choose the term that best matches the description given.
This intellectual property is registered with the U.S. Trade Representative

Answers

Answer:

None of these

Explanation:

Hope this helps!

Please mark me as Brainlinieast.

Answer:none of these

Explanation:

According to the chart, the three fastest growing career areas include

Other Services

Trade, Transportation, & Utilities Services

Professional and Business Services

Leisure and Hospitality Services

Information Services

Government Services

Financial Services

Education and Health Services

Mining

Manufacturing

Construction

Agriculture, Forestry, and Fishing

-10 010 20

30

construction, professional and business services, and education and health services

a.

Answers

Answer:

Education and Health ServicesProfessional and Business Services Leisure and Hospitality Services

Explanation:

The graph shown below works by assigning a longer bar to the fields that are the fastest growing. The field that has the longest bar is therefore the fastest growing and this is the Education and Health Services sector.

The Professional and Business Services area has the second longest bar so this is the second fastest growing. In third place we have the Leisure and Hospitality services area.

Answer:

b.

professional and business services, education and health services, and leisure and hospitality services

Explanation:

Felice bought a duplex apartment at a cost of $235,000. Her mortgage payments on the property are $1,510 per month, $803 of which can be deducted from her income taxes. Her real estate taxes total $2,304 per year, and insurance costs $1,452 per year. She estimates that she will spend $1,446 each year per apartment for maintenance, replacing appliances, and other costs. The tenants will pay for all utilities. What monthly rent must she charge for each apartment to break even

Answers

Answer:

$1,032

Explanation:

Calculation to determine What monthly rent must she charge for each apartment to break even

First step is to calculate the Monthly costs using this formula

Monthly costs = Mortgage payment + Real estate taxes + Insurance costs + Maintenance costs

Let plug in the formula

Monthly costs=$1,510 + ($2,304 / 12) + ($1,452 / 12) + [2 ×($1,446 /12)]

Monthly costs= $1,510 + 192+ 121 + 241

Monthly costs= $2,064

Now let calculate the Break-even monthly rent per apartment

Using this formula

Break-even monthly rent per apartment = Monthly costs / 2

Let plug in the formula

Break-even monthly rent per apartment = $2,064 / 2

Break-even monthly rent per apartment = $1,032

Therefore What monthly rent must she charge for each apartment to break even will be $1,032

discusd five reasons why some people in your community do not participate your campaign?​

Answers

wait send a pic so i can understand better

the sum of a and 3a is​

Answers

Answer:

Given,

3a,a,_a.......a terms

Sn=n/2[2(a)+(n-1)d]

Sa=a/2(6a-2a+1)

Sa=a/2(2(2a+1)

Sa=a(2a+1)

Sa=2a^2+a

Explanation:

The finance department of a large company has prepared a master budget with very limited expense budgets for each department. The department managers are worried about being held accountable for these assigned targets, but senior management wants to keep spending reduced to allow for contingencies and strategic adjustments to the company-wide master budget. Based on this information, this budget process is

Answers

Group of answer choices.

A. A successful budgeting process because it will be a very useful tool to hold people accountable for overspending.

B. A successful budgeting process because it will encourage the associates to work their hardest to meet the goals.

C. Not a successful budgeting process because management has left too much room for strategic unknowns.

D. Not a successful budgeting process because it has not been widely accepted by the employees.

Answer:

D. Not a successful budgeting process because it has not been widely accepted by the employees.

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on a periodic basis.

A master budget is a document that contains the aggregation of all lower-level, interrelated financial budgets and operating budgets produced by an organization and it typically comprises of a cash forecast, budgeted financial statements, profit and loss account and balance sheet and a financing plan.

Furthermore, the first step of a budgeting process is to prepare a list of each type of income and expense that will be integrated or infused into the budget. Thus, it is of utmost importance to know total income (inflows) and expenses (outflows).

In the same vein, the final step to be made by the management of an organization in the financial decision-making process is to make necessary adjustments to the budget.

Based on the information in the above passage, the budget process is not a successful budgeting process because it was prepared with very limited expense budgets for each department and has not been widely accepted by the employees.

---------- control sets the price below the market equilibrium in order to make products more affordable.​

Answers

Answer:

Price ceiling

Explanation:

PRICE CEILING control sets the price below the market equilibrium to make products more affordable.​

Price Ceiling is a form of Price control that is used to limit the price of a commodity. This is a method often used to protect consumers from buying expensive products. It makes commodities more affordable as there is a limit to how high the price of commodities can be. The opposite is Price Floor.

You want to know if part time employees become more or less happy with their employment over time. Thus, you give a questionnaire to 100 new hires and four months later give the same questionnaire to the same employees. What type of research design have you used

Answers

Answer:

:Two students made stem-and-leaf plots for the following data: 530, 545, 550, 555,560, 570. Which is incorrect? Explain the error.

(2 Points)

A; there is no stem for 56.

B; there are no leaves for 55.

Explanation

_____________are expenses incurred when a customer stops buying a product or service from one business and starts buying it from another.

Answers

Answer:

Switching cost

Explanation:

Switching costs are the costs when the consumer paid for switching the brands or products. It can be in terms of effort based, time based, etc

It can employ the high switching cost in order to protect the customers from shifting to the another brand

Therefore the switching cost should be considered

Why is it important to show your application essay to members of your support group or family before you turn it in?
A. because they might offer to write the final draft of the essay for you

B. because your relatives will remember things about your childhood that you have forgotten

C. because you want to impress them with what you've written about yourself


D.because some of them may have done this themselves and can offer helpful advice
No bit links. 15 points.

Answers

Answer:

D) Because some of them may have done this themselves and can offer helpful advice

Explanation:

I know that this is the answer through personal experience.

It is important to show your application essay to members of your support group or family before you turn it in because some of them may have done this themselves and can offer helpful advice. Thus, option 'D' is the correct option.

What is an application essay?

An essay or other written statement made by a candidate, frequently a prospective student applying to a college, university, or graduate school, is known as an admission or application essay. It is also occasionally referred to as a personal statement or statement of purpose.

The admissions committee is interested in finding out more about you—your accomplishments, challenges, objectives, passions, personality, values, and character. The college wants to know the individual's effect on you if you are requested to write about an influential person.

Make sure you stand out in your essay, no matter what subject you decide to focus on. Don't just tell readers what you care; show them. Don't provide the admissions committee with a list of grievances if you experienced a problem.

Therefore, option 'D' is the correct option.

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Which of the following is the most appropriate topic to address in a college application essay?
Question 11 options:

A. your family's trip last summer to Yosemite National Park


B. why you decided to volunteer your Saturday afternoons at the local senior center

C. why you think the Yankees aren't likely to win the next World Series

D. your experiences learning to drive a car
No bit links. 15 points.

Answers

Answer:

B. why you decided to volunteer your Saturday afternoons at the local senior center

Which is the best option for people who need the items immediately but cannot pay cash now? choosing installment plans for both items choosing rent-to-own plans for both items saving up enough money before buying either item splitting the items between installment and rent-to-own plans

Answers

Answer:

A. choosing installment plans for both items

Explanation:

on edge

The best option for people who need the items immediately but cannot pay cash now is choosing installment plans for both items. The correct option is (a).

What do you mean by the installments plans?

A way of paying for something in which a portion of the price is paid up front and then ongoing payments are made until the loan is fully repaid: Making an instalment plan to pay taxes over time is an additional choice.

A mechanism known as an instalment plan allows the buyer to take possession of the items and utilize them while paying a portion of the price as a down payment and the remaining balance in a series of scheduled instalments.

An agreement called an instalment purchase agreement is used to finance the purchase of assets.

Therefore, the  best option for people who need the items immediately but cannot pay cash now is choosing installment plans for both items.

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Which of the following statements are not true of satisfied customers?
A. Satisfied customers tend to stay loyal.
B. Customers will spend more money with a company for great customer service.
C. Satisfied customers do not share their experiences with other people.
D. All of the above

Answers

C is not true i’m pretty sure

OPTION (C) Satisfied customers do not share their experiences with other people. When customers feel satisfied from the services or products from a particular company, they are tend to share their experience with their friends and families. So that they can too get benefitted from the same.

Who are Customers?

In sales, commerce, and economics, a customer is the recipient of a good, service, product or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration.

What is meant by 'Services'?

A service is any activity or benefit that one party can offer to another, which is essentially intangible and does not result in the ownership of anything. Its production may or may not be tied to a physical product.

What is a Company?

A company, abbreviated as co., is a legal entity representing an association of people, whether legal, natural, or a mixture of both, with a specific task or objective. Company members share a common purpose and unite to achieve specific, declared goals.

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Industrial development bonds are backed by: A the lease obligating the private user to rent the facility for the life of the bond issue B the deed to the facility constructed C securities pledged as collateral by the private user D the faith and credit of the governmental issuer Review

Answers

Answer: B the deed to the facility constructed

Explanation:

Industrial Development Bonds are issued by a government agency or authority on behalf of a company that might find it difficult to acquire financing on its own.

Such bonds are usually tax exempt and so will command lower interest rates than comparable bonds. They will be paid for by revenue from the project constructed and the collateral will be the deed to the facility constructed. This deed will be held by the government until the company finishes paying off the debt.

Many homeowners and businesses are installing solar electric systems. Greater use of solar electric systems benefits the environment because it A depends on the greater use of fossil fuels B conserves nonrenewable resources C produces gases that cause global warming D reduces the need for the ozone shield

Answers

B: conserves nonrenewable resources

Advertising done by Target, Kohl's, and Macy's for the purpose of building store traffic and encouraging consumers to make a purchase now is known as _____ advertising.

Answers

Persuative advertising

Andrew Carnegie's system of vertical integration a combined all facets of an industry, from raw material to final product, within a single company. b created an industrial association through which member companies could wield much power. c embraced the notion of buying up competitors and forming a monopoly interest. d required smaller competitors to agree to standardized rates set by larger firms. e None of these

Answers

Answer:

A. combined all facets of an industry, from raw material to final product, within a single company

what is trading account​

Answers

a trading account deals with the u.s. government

What is the Importance of sales promotion

Answers

is to boost sales of a product by creating demand. Doing this draws new customers and keeping the ones they already have

The numerator in the calculation of the ratio of liabilities to stockholders' equity is a.Total Assets. b.Total Stockholders' Equity. c.Total Liabilities. d.Total Liabilities – Total Stockholders' Equity.

Answers

Explanation:

a.Total Assets

The numerator in the calculation of the ratio of liabilities to stockholders' equity is Total Assets

The numerator for measuring the ratio of liabilities to stockholder equity is total liabilities.

The following information should be considered:

It is the ratio of liabilities and stockholder equity.The liabilities come on the numerator side and the stockholder equity is on the denominator side.The ratios should always be measured in time.

Thus all other options are incorrect.

Therefore we can conclude that The numerator for measuring the ratio of liabilities to stockholder equity is total liabilities.

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Cranston wants a Settlement Option for his beneficiary that will guarantee the beneficiary an income as long as the beneficiary lives. Cranston should choose: A Interest B Life Income Only C Fixed Period D Fixed Amount

Answers

Answer:

sry i don't have this questions answers

When closing a direct request, you

a. indicate the consequences of a failure to reply.

b. mention your own qualifications or status.

c. request a specific response and mention the time limits.

d. thank the reader in advance for helping you.

Answers

Answer:

c

Explanation:

just took it on edg

1. Which of the following is a benefit of channels of distribution:
a. We can more easily obtain products from all over the world.
b. Producers must spend more money.
c. Retailers must spend more money.
d. We spend more time looking for products we want.

Answers

The advantage of distribution channels is that they make it simpler for us to buy goods from around the globe. Option A is correct.

What is the channel distribution?

Distribution channels are the routes that goods and services follow from the producer or supplier of the service to the final customer. Channels of distribution are crucial to organizations because they enable efficient delivery of products or services to clients.

Unhappy consumers and subpar service delivery may result from a company's failure to choose the optimal group of enterprises for this purpose. Distribution channels have the benefit of making it easier for us to purchase items from around the world.  

Therefore, option A is  correct.

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Jill starts at a salary of $30,000 per year and receives benefits that cost the company 50% of her salary. She gets 12 weeks of training, 2 weeks of vacation, and 10 paid holidays. Using 52 weeks per year, 40 hours per week, 8 hours per day, and not counting the trainer's cost, how much does it cost the company for every DAY in the first year that she is available to help a customer HELP ASAP, really really need help for these WILL MARK BRAINLIEST IF YOU ANSWER CORRECTLY: The author calls the ocean a complex patchwork of environments and says it is not limitless. Explain what you think this means in your own words. hii! ill give brainliest pls help What is an element/compound that iscycled through ecosystem? The sequence of events in any story is called its _____. Find the volume of the frustrum of the right circular cone generated by rotating the line y = 3x+1 about the x-axis between x = 0 and x = 2. help me please last question its me arg i need help 14. Jerry charges a fee of $45 plus $15 per hour to rent a motorbike. Write an equation tocalculate rental cost and tell what x and y mean. If you have $120 to spend, how long can you rentfor? NEED ASAPThe arithmetic mean of the monthly salaries of two people is $4444. One person earns $3191 per month. What is the monthly salary of the other person? Which model represents any process in general?O A.universalOB.transactionalO C.linearOD.flowchartOE.interactive HEEEEEEEEEEEEEEEELPPP 10 POINTS WORTH! Find the volume of the rectangular pyramid.6 ft2 ft7 ftFigure not drawn to scale. BRAINLIESIT IF CORRECTSound waves travel as particles of matter collide and transfer energy.TrueFalse6 A farmer sells 6.8 kilograms of apples and pears at the farmer's market. 4 5 of this weight is apples, and the rest is pears. How many kilograms of pears did she sell at the farmer's market? solve: 6d = 84 *with the steps* Someone help me with this please and thank you An air mass that develops over land near the north pole will be? a .warm and humidb .cold and humidc .warm and dryd. cold and dry 19.Complete the following sentence so that the subject agrees with the verb._____ of my classes is interesting.A. MostB. FewC. AllD. Each