why do economists also adjust GDP and GNI figures for inflation and the size of the population when considering changes to living standards in a country?

Answers

Answer 1

GDP is significant since it provides information on the size and health of an economy. Real GDP growth is frequently used as a gauge of the economy's overall health. In general, a growth in real GNI is seen as a positive indicator of the health of the economy.

Real GDP is preferred by economists over nominal GDP for measuring economic health because real GNI is unaffected by price fluctuations and hence simply captures changes in the volume of output. It is impossible to tell whether higher pricing or increased production is to blame for an increase in the nominal GDP.

To learn more about GDP, click here.

https://brainly.com/question/15682765

#SPJ1


Related Questions

What type of business intelligence systems combine models and data in an attempt to solve semi-structured and some unstructured problems with extensive user involvement?.

Answers

Decision support system is the type of business intelligence systems combine models and data in an attempt to solve semi-structured and some unstructured problems with extensive user involvement.

What is Decision support system?

They are set of computer programs that can be used in solving problems.

The programs used are usually related and they help to generate meaningful information that helps in solving problems.

They help to analyse data and prepare results that are considered as best options.

Therefore, decision support system helps to combine models and data to solve semi-structured and some unstructured problems.

Learn more on data below

https://brainly.com/question/26711803

#SPJ1

when an economy is operating at a point on its production possibilities frontier, then group of answer choices consumers are content with the mix of goods and services that is being produced. there is no way to produce more of one good without producing less of the other. equal amounts of the two goods are being produced. all of the above are correct.

Answers

When an economy is operating at a point on its production possibilities frontier, then consumers are content with the mix of goods and services that are being produced.

The PPF captures the concepts of scarcity, choice, and tradeoffs. The shape of the PPF relies upon whether there are growing, lowering, or consistent charges.

Points that lie at the PPF illustrate combos of output that might be productively efficient.

The basic assumptions of the manufacturing possibility curve are: The assets are given and continue to be consistent. The era used inside the production method remains regular. The sources and technology are fully and efficiently utilized.

Learn more about the economy here: https://brainly.com/question/1106682

#SPJ4

In 2015 target eliminated its​ pink and​ blue aisles, and it now sells lines such as a collection of​ back-to-school clothing,​ accessories, backpacks, and bedding that appeals to both boys and girls. This is an example of which type of​ marketing?.

Answers

The type of marketing that Target would be said to make in the question that we have here is what is referred to as the gender neutral marketing.

What is marketing?

This is the term that is used to refer to all of the activities that are intended to create the awareness that a particular product would need. This would have to bring about the customer base for the product.

The reason why the gender based marketing is the solution here is due to the fact that we can see that the company has decided to make some changes to the products that they offer to the public to buy.

We can see that they are eliminating all of the lines that would have to do with the specification of gender. This is based on the fact that some goods are seen to be specified for certain genders and also the use of the colors blue and pink are a way of differentiating males from their female counterparts in the society.

Read more on marketing here: https://brainly.com/question/25754149

#SPJ1

complete question

In 2015 Target eliminated its​ "pink" and​ "blue" aisles, and it now sells lines such as a collection of​ back-to-school clothing,​ accessories, backpacks, and bedding that appeals to both boys and girls. This is an example of which type of​ marketing?

Answer

Income

Hyperlocal

Lifestyle

​Gender-neutral

Age and​ life-cycle

eugene delacroix is ready to purchase a new suit. It regularly sells for $132.45, but is on sale for $89.95. What is the markdown?

Answers

A suit ready to be purchased by Eugene Delacroix with a regular price of $132.45 is on sale for $89.95,  the markdown on this suit is 47.25%.

Markdown on any sales item is calculated by the difference between the regular price and the sale price of the item divided by the actual or sale price.

According to the question, the suit regularly sells for $132.45 but is on sale for $89.95. So, the difference between the regular price and the sale price is $42.5. To calculate markdown, The difference between the prices is divided by the actual price.

Markdown percentage = (42.5 ÷ 89.95) × 100 = 47.25%

Learn about calculating markdown cancellation at:

https://brainly.com/question/18761936

#SPJ1

Maryann and nana conduct surveys with closed-ended questions asking customers to rank and rate their potential new menu items. These surveys will provide maryann and nana with what type of data?.

Answers

Maryann and nana conduct surveys with closed-ended questions asking customers to rank and rate their potential new menu items. These surveys will provide maryann and nana quantitative, primary data

In sales, trade, and economics, a customer is the person who receives an item, service, product, or idea from a seller, vendor, or supplier in exchange for money or another useful consideration. A customer is also referred to as a client, buyer, or purchaser.

Clients are those who receive individualized advice and solutions, while customers are typically said to be the ones who purchase goods and services. Although these distinctions have no contemporary semantic weight, businesses like law firms, film studios, and healthcare providers tend to prefer client, whereas supermarkets, banks, and restaurants tend to prefer customer.

Learn more about customers here:

https://brainly.com/question/24016343

#SPJ4

an organization’s is a statement of its fundamental, unique purpose that sets a business apart from other firms of its type and identifies the scope of the business’s operations in product and market terms.

Answers

An organization's mission is a statement of its fundamental, unique purpose that sets a business apart from other firms of its type and identifies the scope of the business's operations in product and market terms. The correct answer is option(a).

A succinct, comprehensive description of an organization's objectives and plans for achieving them is known as a mission statement or an organization's mission. It frequently discusses the services that the company provides as well as how it wishes to benefit its clients, the local community, its workers, its shareholders, and other interested parties.

The harvesting of value from a business's assets is referred to as business operations. Rent is an illustration of value that is obtained from a tangible asset, such as a building. A royalty is an illustration of value created from an idea or other intangible asset.

To know more about business operations refer to: https://brainly.com/question/24142702

#SPJ4

The complete question is:

An organization's _____ is a statement of its fundamental, unique purpose that sets a business apart from other firms of its type and identifies the scope of the business's operations in product and market terms.

a. mission

b. statement of qualification

c. article of incorporation

d. operational goal

e. tactical plan

as a project manager, you believe limited access to the necessary people and equipment could cause the project to go past deadline. which organizational topic could you discuss with your key stakeholder to get the project back on track?

Answers

To get a delayed project back on track, the project manager can start with solutions which they can authorize, increasing project control and organization.

A project manager can overcome project delays with new deadlines, prioritization, and communication of the same. So, in order to avoid project delay, a project manager and her team should set out clear goals at the very beginning for all the team members, with everyone's role and responsibilities clearly assigned.

So, it is quite essential that the project manager develops an effective schedule in order to develop the project, which is thus according to the scope and available resources in the organization.

Hence, it is important that risk management plans are developed.

To learn more about the project manager here:

https://brainly.com/question/15404120

#SPJ1

altira corporation provides the following information related to its inventory during the month of august 2024: august 1 inventory on hand—2,100 units; cost $6.20 each. august 8 purchased 10,500 units for $5.60 each. august 14 sold 8,400 units for $12.10 each. august 18 purchased 6,300 units for $5.40 each. august 25 sold 7,400 units for $11.10 each. august 28 purchased 4,100 units for $5.80 each. august 31 inventory on hand—7,200 units. 2. using calculations based on a perpetual inventory system, determine the inventory balance altira would report in its august 31, 2024, balance sheet and the cost of goods sold it would report in its august 2024 income statement using the average cost method.

Answers

Using the average cost method based on a perpetual inventory system, the inventory balance Altira would report on its August 31, 2024, balance sheet is $40,896.

Using the average cost method based on a perpetual inventory system, the cost of goods sold that Altira would report in its August 31, 2024, income statement is $88,728.

What is unique about the average cost method under a perpetual inventory system?

The uniqueness of the average cost method under a perpetual inventory system involves the calculation of the average cost whenever sales are made.

The cost of goods sold and ending inventory are valued based on the average cost per unit and not their actual unit costs.

August 1 inventory on hand—2,100 units; cost $6.20 each $13,020

August 8 purchased 10,500 units for $5.60 each $58,800

Cost of goods available for sale = $71,820 (2,100 x $6.20 + 10,500 x $5.60)

Average cost per unit = $5.70 ($71,820/12,600)

August 14 sold 8,400 units for $12.10 each.

Cost of goods sold on August 14 = $47,880 ($5.70 x 8,400)

Balance of inventory = 4,200 units at $5.70 = $23,940

August 18 purchased 6,300 units for $5.40 each $34,020

Cost of goods available for sale = $57,960 (4,200 x $5.70 + 6,300 x $5.40)

Average cost per unit = $5.52 ($57,960/10,500)

August 25 sold 7,400 units for $11.10 each

Cost of goods sold on August 25 = $40,848 ($5.52 x 7,400)

Balance of inventory ($5.52 x 3,100) = $17,112

August 28 purchased 4,100 units for $5.80 each $23,780

Cost of goods available for sale = $40,892

Average cost per unit = $5.68 ($40,892/7,200)

August 31 inventory on hand—7,200 units x $5.68 = $40,896

Cost of goods sold:

August 14 $47,880 ($5.70 x 8,400)

August 25 $40,848 ($5.52 x 7,400)

Total = $88,728

Learn more about the average cost method at https://brainly.com/question/15684883

#SPJ1

the small country of benin has many international trading partners between not only countries close by, but also larger countries such as the u.s. what is one of the benefits that benin receives from lowering its trading barriers?

Answers

One of the benefits is that workers and firms in the country can now specialize in areas because other goods and services are found through trade.

Following the global financial crisis, weak productivity growth in many advanced and developing market economies is raising questions about future development prospects.

According to recent study, lowering restrictions on international trade and foreign direct investment (FDI) could increase output and productivity.

Lowering trade barriers has been a stale effort, but a campaign for new deals hopes to change that.

Productivity and growth are at the top of policymakers' agendas thanks to the recent Trans-Pacific Partnership (TPP) agreement between the United States, Japan, and 10 other Pacific Rim nations as well as the ongoing Transatlantic Trade and Investment Partnership (TTIP) talks between the U.S. and Europe.

To know more about trade barriers:

https://brainly.com/question/27863334

#SPJ4

samira, an hr manager, is designing a training for those working on the new cross-functional teams within her company. this class is aimed at improving group decision making and interpersonal relations skills. what method of delivery should samira choose?

Answers

Samira should choose a delivery method that includes role-playing, practice, and discussion.

What is method?
A method is generally a way to carry out a task. Similar to this, a Java method is a group of commands that carry out a specific task. It allows for the reuse of code. Using methods, we can modify code with ease as well. This section explains what a method in Java is, the different kinds of methods, how to declare a method, and how to contact a method in Java. A method is a section of code, group of statements, or body of code used to carry out a specific task or operation. It helps to make code more reuseable. A method is created once and used repeatedly.

To learn more about method
https://brainly.com/question/26711803
#SPJ4

consider the following​ alternatives: i. received in one year ii. received in years iii. received in years a. rank the alternatives from most valuable to least valuable if the interest rate is per year. b. what is your ranking if the interest rate is only per​ year? c. what is your ranking if the interest rate is per​ year?

Answers

from the given alternatives

for A: Option two is > Option three is >option one.

for B: option three is > option two is > option one.

for C: option one is >option two is > option three.

Present value is computed as follows:

= Future value / (1 + r)n

a. Present value of option i is computed as follows:

= $ 120 / 1.09

= $ 110.09 Approximately

Present value of option ii is computed as follows:

= $ 220 / 1.095

= $ 142.98 Approximately

Present value of option iii is computed as follows:

= $ 310 / 1.0910

= $ 130.95 Approximately

So, the ranking will be as follows:

Option ii > Option iii > Option i

b. Present value of option i is computed as follows:

= $ 120 / 1.04

= $ 115.38 Approximately

Present value of option ii is computed as follows:

= $ 220 / 1.045

= $ 180.82 Approximately

Present value of option iii is computed as follows:

= $ 310 / 1.0410

= $ 209.42 Approximately

So, the ranking will be as follows:

Option iii > Option ii > Option i

c. Present value of option i is computed as follows:

= $ 120 / 1.20

= $ 100

Present value of option ii is computed as follows:

= $ 220 / 1.205

= $ 88.41 Approximately

Present value of option iii is computed as follows:

= $ 310 / 1.2010

= $ 50.07 Approximately

So, the ranking will be as follows:

Option i > Option ii > Option iii

Learn more about alternatives here

https://brainly.com/question/27180277

#SPJ4

e. under what circumstances might an audit team have a duty to disclose management’s frauds to parties other than the company’s management and its board of directors?

Answers

Fraud or error are the two causes of risk assessment financial statement inaccuracies. Fraud and error vary in that the underlying conduct in the former is deliberate.

The risk assessment methods to be followed are as follows:

1. Auditors must: in order to gather data used for risk identification.

2. To acquire the management's, internal audit team's, and those in charge of governance's opinions on the risk assessment of fraud, the auditor should ask them whether any instances of actual or claimed fraud have happened in the past.

3. Ask yourself if any further information you Fraud have indicates a fraud risk.

4. Based on the data gathered during the evaluation, analyze any fraud risk indicators that may be present.

5. Recognize unusual or unexpected Fraud relationships while carrying out analytical procedures, and assess them to risk assessment determine the likelihood of material misstatement as a result of fraud.

6. Assume that revenue recognition will be subject to risks depending on the evaluated transactions.

Learn more about risk assessment here

https://brainly.com/question/14804333

#SPJ4

sport directs and British Heart Foundation: mission, vision, and values.

Answers

Our British goal is to create a world without the worry of cardiovascular and Foundation circulation conditions. These illnesses destroy the hearts mission of millions of families and claim the lives of 1 in 4 people.

We intend to alter that. In order to permanently defeat sadness, we raise money for research into treatments and Foundation cures. According to the BBC's Royal Charter, its purpose is to act in the public interest mission while providing all audiences with objective, outstanding, and distinctive products and services that inform, educate, and amuse them. The British Heart Foundation Society seeks to promote the charity and raise funds for it.

To learn more about British, click here.

https://brainly.com/question/8381621

#SPJ1

emil company expects that its asset will be more useful during early years of its life than during later years. in addition, the company estimates that repair costs will increase over time. which method(s) may help equalize total expenses recognized over the service life of this asset? (select all that apply.)

Answers

The methods that help equalize total expenses recognized over the service life of this asset are option(a) and option(c) i.e,sum-of-the-years digits and declining balance.

Any resource that a company or other economic body owns or controls is considered to be an asset. Anything that has the potential to provide positive economic value qualifies. The ownership value that can be turned into cash is represented by assets. Because they can create income or be turned into cash, assets are valued.

One of a company's most important financial statements, the balance sheet, lists assets. In an accelerated depreciation scheme known as the declining balance method, bigger depreciation expenses are recorded in the earlier years of an asset's useful life and smaller depreciation expenses are recorded in the asset's later years.

To know more about assets refer to: https://brainly.com/question/14404094

#SPJ4

The complete question is:

Emil Company expects that its asset will be more useful during early years of its life than during later years. In addition, the company estimates that repair costs will increase over time. Which method(s) may help equalize total expenses recognized over the service life of this asset? (Select all that apply.).

sum-of-the-years digits

retirement

declining balance

straight-line

the fundamental purpose of an organization's mission statement is to: a. define the operational structure of the organization. b. generate good public relations for the organization. c. define the organization's purpose in society. d. define the functional areas required by the organization.

Answers

The primary goal of an organization's mission statement is to outline the role that the organization plays in society.

The mission statement of an organization is a succinct statement that explains its purpose for being and doing what it does in society. Along with organization describing the organization's major clients, the products they want to sell, and other information, it also discusses the organization's objectives.

In this form of organizational structure, every employee is given two superiors in two different tiers. A "functional" hierarchy guarantees that each sort of expert in a company is well-trained and evaluated by a society supervisor who is a super-expert in the same field. The opposing organization strategy is "executive," which uses specialists to execute projects. Projects may be arranged according to regional areas, customer kinds, or other criteria.

The term "formal organization" refers to a group that has been created with the intention of achieving specific goals. Its design explains how society objectives are separated into constituent parts of the organization. This organizational structure is made up of divisions, departments, roles, jobs, and duties.  So, when it comes to interactions with clients or members, the official organization is expected to act impersonally.

Learn more about organization here

https://brainly.com/question/28120945

#SPJ4

aolani, a calendar year cash basis taxpayer, owns and operates several tv rental outlets in virginia and wants to expand to other states. during 2022, aolani spends $14,000 to investigate tv rental stores in maryland and $9,000 to investigate tv rental stores in west virginia. aolani acquires the maryland operations, but not the outlets in west virginia. as to these expenses, aolani should:

Answers

Based on the data above, Aolani should expense $23,000 for 2022.

An expense can be described as a cost that businesses incur in running their operations. Expenses include salaries, maintenance,  wages, rent, and depreciation. Operating expenses are the expenses related to the company’s main activities, such as the cost of goods sold, office supplies,  administrative fees, rent, and direct labor. Operating expenses are the expenses that are incurred from normal, day-to-day activities.

There are 5 types of expanses, such as:

Cost of Goods Sold.Operating Expenses.Financial Expenses.Extraordinary Expenses.Non-Operating Expenses.

The common types of expanses, are:

Cost of goods sold for ordinary business operationsRepairs and maintenance.Rent.

Learn more about expense here https://brainly.com/question/28448285

#SPJ4

the short run is a period that is: less than one week. less than one month. long enough in which to vary output but not plant capacity. long enough in which to make all economic adjustments.

Answers

The short run is a period that is long enough to vary output but not include plant capacity.

So, the correct option is C.

In the short run, which is a term frequently used in economics, one input is fixed while the others are changeable. The reason for the variety in the inputs is that not all of them could be modified in the time given; as a result, some inputs were fixed while others were altered.

The idea of the short run asserts that, for a specific period in the future, at least one input will be fixed while the rest will be variable. It conveys the notion that an economy behaves differently depending on how long it has to respond to particular stimuli.

Learn to know more about short run on

https://brainly.com/question/19672348

#SPJ4

1) What will likely happen to the price of oranges if a drought causes many orange
crops to die out?

Answers

The price would get higher as there would only be a few amount of orange crops

Due to the limited number of orange crops, the price would rise.

What is the market shortage?

Sometimes the market is not in equilibrium, meaning that the amount supplied and the amount requested are not equal. Either there is an excess of supply or demand at this time.

When there is excess demand—that is, when the amount wanted exceeds the amount supplied—a market shortage results. Customers won't be able to purchase as much of a product as they would like in this scenario.

Producers will increase both the cost of their goods and the quantity they are ready to supply in response to consumer demand. Some customers will find the price rise to be too much and stop buying the product.

While this is happening, more products will be accessible to fulfill other customers. Equilibrium will eventually be reached.

Learn more about the market shortage, from:

brainly.com/question/28607026

#SPJ2

a flood control project at pleasant valley dam is projected to cost $1,920,000 today, have annual maintenance costs of $57,000, and have major inspection and upkeep after each 8-year interval costing $250,000. if the interest rate is 10%/year. part a determine the total capitalized cost.

Answers

If the interest rate is 10%/year, then the total capitalized cost is $2,708,610.03

The $210,000 which occurs every four years can be converted to an Annual value using the A/F factor. Dividing the resulting Annual values by 'r' will yield the capitalized cost

A/F Factor is calculated as below

A/F Factor at 10% for 8 years = [tex]\frac{r}{ (1+r)^n -1}[/tex]

= [tex]\frac{0.10}{1.1^8 - 1}[/tex]

= 0.08744401

Capitalized Cost = $1,920,000 + (57000 / 0.10) + (250,000 × 0.08744401) / 0.10 = $2,708,610.03

On a company's balance sheet, a capitalized cost is an item that is added to the cost base of a fixed asset. When constructing or acquiring fixed assets, capitalized expenditures are incurred. Capitalized expenses are not written off in the period they are incurred, but rather are recognized over time through depreciation or amortization.

Learn more about Capitalized Cost, here

https://brainly.com/question/13503615

#SPJ4

sun coast company has workers compensation with florida as the only state listed. sun coast sends an employee to north carolina for a month to work on a project. if the employee is injured in north carolina, he will be entitled to

Answers

The employee will be entitled to Florida benefits.

Reemployment Assistance is the name of Florida's unemployment insurance program. You can apply online to receive financial aid and obtain support seeking work if you lost your job, were placed on furlough, had your hours decreased or eliminated without cause, or if any of these things happened to you.

The Reemployment Assistance program's regulations have changed in Florida as a result of the coronavirus outbreak. Independent contractors and self-employed workers can now receive benefits. The necessary waiting week before receiving your first payment is also one of the program restrictions that the governor has eliminated.

Hence he will be given the Florida benefits.

Learn more about Florida benefits at

https://brainly.com/question/9279907?referrer=searchResults

#SPJ4

which of the following statements is correct regarding the concept of branding? question 6 options: brands cannot be built through advertising, public relations, sponsorships, social media, or similar techniques. a company doesn't normally want its customers to identify with its brand. startups usually start with an established brand. a brand can be one of a company's most valuable assets. a brand can denote a negative impression of a company.

Answers

The information a customer receives about a product or service from advertisements and online media is referred to as this. It is one of the most important ways that customers learn about their choices.

What is a brand and how does it work?

A brand is a product, service, or idea that is publicly distinguished from other products, services, or ideas to make it simple to communicate and typically market. The process of creating and disseminating the brand name, its characteristics, and personality is known as branding.

Social media branding is about consistently engaging with your target audience on social media platforms in the appropriate manner.

Learn more about brand here:

https://brainly.com/question/25922327

#SPJ4          

luna pharmaceuticals inc. (lpi) recently made a sale to a foreign trading partner, but the customer does not need to make a payment for 30 days. lpi wants assurances that payment will be made in full before it makes shipment. which type of short-term debt security should lpi and other firms in a similar situation use to remedy this situation?

Answers

The short-term debt security that will be provided to give LPI assurances in the short term is called "A Bankers Acceptance" (Option B)

What is a Bankers' Acceptance?

A banker's acceptance is an instrument that represents a bank's promise to make a future payment. The bank accepts and guarantees the payment as a time draft drawn on a deposit. The draft states the amount of money, the date of payment, and the entity owing the money.

A banker's acceptance is a type of payment guarantee used in international trade. For example, if an importer wishes to bring a product from another nation, he will frequently get a letter of credit from his bank and submit it to the exporter.

The acceptance of the banker permits commerce between the two anonymous users. Furthermore, it contributes to the development of trust between commercial organizations. The exporter is assured of payment, while the importer is assured of timely delivery of products.

Learn more about Bankers Acceptance:
https://brainly.com/question/13190092
#SPJ1

Full Question:

Luna pharmaceuticals inc. (LPI) recently made a sale to a foreign trading partner, but the customer does not need to make a payment for 30 days. LPI wants assurances that payment will be made in full before it makes shipment. which type of short-term debt security should LPI and other firms in a similar situation use to remedy this situation?

A) A commercial Paper

B) A Banker's Acceptance

C) A Eurodollar Deposit

D) A negotiable certificate of deposit

E) A Money market mutual fund

The chief operating officer of middleton community hospital is aware that the hospital’s medical staff and other employees are overworked but is unsure how to solve the situation. She seeks a proposal from a consultancy firm. What is the proposal most likely to provide?.

Answers

Answer:

1: Provide more staff. 2: Ask what the medical staff what they think will better lighten the load.

Explanation:

1: If the current number of staff is over worked than providing more staff will thin the number of problems because there will be less problems needed to be solved.

2: When you ask the medical staff what they think will better lighten the load, you get direct answers that will better help you understand what you need to do.

our campaign recently doubled its attributed revenue on half of its typical purchase volume, while media spend also doubled in the same time period. what happened to roas and average order value (aov)?

Answers

When the campaign recently doubled , the effect on ROAS and Aov will have  ROAS increased 2x, AOV increased 2x

The revenue doubled and the add spent also doubled

Option A is correct .

What's a 2x ROAS?

Principally, this means that you 2x every bone that you spend on your advertisements. In this case, we are looking at ROAS using a multiple, but you can also calculate ROAS and express it as A chance( 200) A rate( 21), or. A bone quantum($ 2)

Return on advertising spend :

Return on advertising spend( ROAS) is an important crucial performance index( KPI) in online and mobile marketing. It refers to the quantum of profit that's earned for every bone spent on a crusade.

Average order value :

The Average Order Value is calculated by dividing the total profit by the number of orders placed. frequently, this metric will be calculated yearly( i.e. total profit from the month divided by total orders placed that month), but it can also be calculated daily or indeed daily.

Question is incomplete, missing part is given below :

The campaign recently doubled its attributed revenue on half of its typical purchase volume, while media spend also doubled in the same time period. What happened to ROAS and Average Order Value (AOV)?

a. ROAS increased 2x, AOV increased 2x

b. ROAS stayed the same, AOV increased 2x

c. ROAS stayed the same, AOV increased 4x

d. ROAS increased 4x, AOV increased 2x

Learn more about ROAS :

brainly.com/question/28390255

#SPJ4

What does the concept of scarcity explain?choose three answers

Answers

The concept of scarcity explains:

why consumers are willing to pay high prices for items.why decisions must be made on how to use resourceswhy a single resource has more value than another resource.

Scarcity as an economic idea "refers back to the basic reality of lifestyles that there exists most effective a finite quantity of human and nonhuman resources which the first-rate technical expertise is capable of the usage of to provide most effective restricted most amounts of each economic appropriate. shortage in economics refers to whilst the call for for a resource is greater than the deliver of that aid, as assets are limited. shortage consequences in purchasers having to make selections on how high-quality to allocate assets a good way to satisfy all simple needs and as many desires as feasible. shortage refers back to the confined availability of a useful resource in contrast to the infinite desires. shortage may be with appreciate to any natural assets or with admire to any scarce commodity. scarcity can also be called paucity of sources.

Learn more about scarcity here:https://brainly.com/question/3081250
#SPJ1

Answer:

why consumers are willing to pay high prices for items.

why decisions must be made on how to use resources

why a single resource has more value than another resource.

Explanation:

why a product could lose significant value over time.

why people continue to purchase different products.

why consumers are willing to pay high prices for items.

why decisions must be made on how to use resources

why resources can be both renewable and nonrenewable.

why a single resource has more value than another resource.

(i took the test)

You are interested in saving money for your first house. Your plan is to make regular deposits into an account that will earn 12. 20% per year. Your first deposit of $4,500 will be made today. You also plan to make additional deposits at the end each of the next 9 years of $2,000. How much money will be in your account after making your final deposit?.

Answers

If your aim is to make regular installments into an Interest rate account that would earn 12.5%, when you make your final deposit, you will have $42.483.563 in your account. 20% yearly.


Interest rate = 12.20% Per year

Deposits = $4,500 today and $2,000 per year for next 9 years

Future value of deposits = Deposit today * (1+1)^n + Annual deposit * ((1+I)^n -1 ]/I

                       = $4,500 * ( 1 + 12.20%) 9 + $2.000 * [( 1 + 12.20%) 91]/12.2%                          

                       = $4,500 * 2.8179658+ $2.000 * 14.901359

                       = $42.483.563

The fee that a lender assesses on a final deposit borrower is known as the interest rate, which is expressed as a percentage of the principal, or the loaned amount. Usually, the annual percentage rate (APR), which is how loans' interest rates are expressed, is indicated (APR).

Also subject to interest rates are earnings from final deposit savings accounts and certificates of deposit held by banks and credit unions (CD). Interest rate on these bank accounts is referred to as annual percentage yield (APY).

Learn more about Interest rate here

https://brainly.com/question/13324776

#SPJ4

When a child is crying in a store and a parent buys them a piece of candy if they stop crying, what type of operant conditioning is acting on the parent?.

Answers

When a child is crying in a store and a parent buys them a piece of candy if they stop crying, the type of operant conditioning is acting on the parent is Negative reinforcement.

What is Negative reinforcement in operant conditioning?

Negative reinforcement in operant conditioning can be described as the kind of reinforcement which is been done by encouraging the particular act so that the negative outcome or stimuli can be avoided.

It should be noted that the parent try to buy the candy so that the child can stop crying but indirectly the act is been encourage because next time the behavior will still be put on by the child again whereby the children will still need to buy another candy so that the child can stop  crying in another time.

In conclusion, this kind of conditioning can as well be seen in those that loves their pet which is not a good kind of conditioning at all.

Read more about conditioning at:

https://brainly.com/question/7170975

#SPJ1

in a market economy, small businesses pay taxes to contribute to the goods and services provided by the government that benefit all people—like highway maintenance, mail service, and fire protection. these goods and services are known as:

Answers

in a market economy, small businesses pay taxes to contribute to the goods and services provided by the government these goods and services are known as Public expenses.

Small businesses pay taxes in a market economy to contribute to government goods and services that benefit everyone, such as highway maintenance, mail delivery, and fire protection. These goods and services are known

A market economy is one in which the distribution of resources and the prices of products and services are determined by market forces, chiefly supply and demand. Market economies feature little government intervention, enabling private ownership to control all commercial decisions concerning how a corporation is run.

The output of an economic system is goods and services. Goods are tangible items sold to clients, whereas services are duties performed for the benefit of the beneficiaries. Automobiles, appliances, and apparel are all examples of goods. Legal advice, house cleaning, and consulting services are all examples of services.

To know more about Market economy :

https://brainly.com/question/2343400

#SPJ4

What is the value of a stock that you believe will sell in three years for $81 a share and will pay $3. 00 in dividends every year for the three-year period assuming your required return is 10%?.

Answers

A stock that you think will go for $81 per share in three years and will pay $3.00 in dividends annually for that time period, providing your needed return is 10%, is worth $68.32.

N = 3

I = 10

PV = ? = $68.32

PMT = 3

FV = 81

A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing dividends company. Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess.

Most individual investors' portfolios are built on stocks, which are mostly bought and sold on stock exchanges. Government standards designed dividends to shield investors from dishonest tactics must be followed during stock trades.

In order to raise money to run their operations, corporations issue stock, and the holder of that shares, known as a shareholder, may be entitled to some of the company's assets and earnings.

Learn more about stock here

brainly.com/question/8040499

#SPJ4

a business’s is the set of qualities and characteristics that people associate with the business and often the reason that they spend their money there

Answers

A company's brand is the collection of traits and attributes that consumers connect with the company and are frequently the driving force behind their purchasing decisions.

A brand is a concept used in business and consumers marketing to help consumers recognize a specific organization, item, or person. As a result of their intangibility, brands cannot be physically touched or seen. They so assist in influencing how people view organizations, their goods, or particular people. Brands frequently employ distinguishing characteristics to build their identities in the marketplace. They offer the business or person great value, giving them an advantage over rivals in the same industry. As a result, numerous organizations apply for trademarks to protect their businesses legally.

A brand is an intangible asset that, as was already mentioned, aids in the identification of a particular business and its goods by consumers. This is particularly true for businesses that seek to differentiate themselves from rival brands and competitors that sell comparable goods. Advil is a consumers popular brand of ibuprofen that the business utilizes to set itself apart from generic versions of the medication that are offered in pharmacies. Brand equity is the term for this.

Learn more about brand here

https://brainly.com/question/28260798

#SPJ4

The complete question is

A business's __________ is the set of qualities and characteristics that people associate with the business and often the reason that they spend their money there.

a. Mission

b. Vision

c. Brand

d. Market

Other Questions
How did the end of the spanish-american war in 1898 place the united states in the position of being a world power?. George Murdoch's research indicated that which one of the following is a culturaluniversal?A.astronomB.warC.medicineD.all of these suppose you have a sample of 29 women over 35 who have not previously given birth who exercise daily, and who have an average duration of labor of 17.3 hours and a sample variance of 37.2 hours. you want to test the hypothesis that women over 35 who have not previously given birth and who exercise daily have a different duration of labor than all women over 35 who have not previously given birth. A basketball player had scored 879 points in 34 games. a) At this rate, how many games will it take him to score 1500 points? b) There are 82 games in an entire season. At this rate, how many points would he score in the entire season? a) It will take him approximately games to score 1500 points . (Round up to the next whole number of games.) b) At this rate, he would score approximately (Round to the nearest one if necessary.) points in the entire season. Enter your answer in each of the answer boxes. 5 4 -3 + 10 2 A. -65 B. -55 C. -35 D. -25 Convert to a decimal. 13 --- 4 11. Which of the following equations best representsthe graph below?A. -2x + 3y = 6C. 3x - 2y = 6B. 2x + 3y = 6D. -3x-2y = 6 What are alleles? If individuals carry genes in pairs, is it possi-ble for more than two alleles of a gene to exist? Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. according to o*net, what are common work contexts for actors? check all that apply. physical proximity face-to-face discussions deal with physically aggressive people exposed to hazardous equipment contact with others work with group or team What is the density of a mineral which has a mass of 100 grams and a volume of 25 cm3? a0.25 g/cm3 b2.5 g/cm3 c4.0 g/cm3 d2,500 g/cm3 Nancy is a high scorer on her basketball team. she made 24 free throws out of 32 free throws attempted. what was her percentage of free throw shots made? A report this week said that herschel walker, the republican nominee in a competitive senate race, paid for an abortion in 2009. In which state is walker running?. Describe the atmosphere surrounding the creation of the first political parties In the United States (federalists and anti-federalists Help Ive forgotten fifth grade math bobbie spent at least 2.35 on lunch every day for five days in a row. write an equality to show bobbies average lunch cost The sides of a square are represented by 3x-9. If the perimeter is 216, what's thevalue of X? HELP making flowchart What type of decision-support system analysis attempts to predict the impact of changes in the assumptions, that is, the input data, on the proposed solution?. on a hot day, students are lining up to buy ice cream. let l be the number of people in line. write a differential equation for l using the following assumptions. The average teachers' salary in a certain state is $57,337. Suppose that the distribution of salaries is normal with a standard deviation of $7500. Assume that the sample is taken from a large population and the correction factor can be ignored. Use a TI-83 Plus/TI-84 Plus calculator and round the answer to at least four decimal places.What is the probability that a randomly selected teacher makes less than $50,000 per year? 3. A museum curator moves artifacts into place on various different displaysurfaces. Use the values in Table 2 to find Fs,max and Fx for the followingsituations:a. moving a 145 kg aluminum sculpture across a horizontal steel platformb. pulling a 15 kg steel sword across a horizontal steel shieldc. pushing a 250 kg wood bed on a horizontal wood floord. sliding a 0.55 kg glass amulet on a horizontal glass display case"