Economists normally talk about GDP even though they know NDP is a better measure of economic activity.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (8 reviews)
NDP is preferable to GDP as the expression of a countrys domes...View the full answer
Answered By
Vijesh J
My passion to become a tutor is a lifetime milestone. Being a finance and marketing professional with hands-on experience in wealth management, portfolio management, team handling and actively contributing in promoting the company. Highly talented in managing and educating students in most attractive ways were students get involved. I will always give perfection to my works. Time is the most important for the works and I provide every answer on time without a delay. I will proofread each and every work and will deliver a with more perfection.
4.70+
5+ Reviews
15+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
People at buffets put more on their plates and eat more the greater the variety of items they have to select from. How does this relate to the idea that diminishing marginal utility must be...
-
A client of yours is considering investing in a partnership and has been analyzing the financial statements of the partnership. Their analysis has resulted in the following observations that that...
-
Why do users refuse to use strong passwords even though they know how dangerous weak passwords are?
-
Differentiate the function. f(x) = ln(x 2 + 10)
-
Equity Financing Life Insurance Company is headquartered in Miami, Florida. The company is very large, so it operates an enormous mainframe computer system. Recently, a group of political radicals...
-
A file named MAINTENANCE06-01.txt is included with your downloadable student files. Assume that this program is a working program in your organization and that it needs modifications as described in...
-
Consider a boundary layer with no external pressure gradient (a flat plate). Then, from the Prandtl boundary-layer equation, deduce that \[\mu \frac{d^{2} v_{x}}{d y^{2}}=0 \text { at } y=0\] Now...
-
On January 1, 2014, Plains Power Company overhauled four turbine engines that generate power for customers. The overhaul resulted in a slight increase in the capacity of the engines to produce power....
-
The function g is defined by g(x, y)=3+x-x - y on the domain D given by points in the xy-plane satisfying x+ y1 and x0. (a) Find the stationary points of the function g, and classify them. (b) Find...
-
Describe the potential advantages and disadvantages associated with rotating engineers through the racing teams. Explain how the experience on the racing teams could be used to develop GM employees...
-
There are three firms in an economy: A, B, and C. Firm A buys $250 worth of goods from firm B and $200 worth of goods from firm C, and produces 200 units of output, which it sells at $5 per unit....
-
Which will be larger, gross domestic product or gross national product?
-
A, B and C are partners sharing profits and losses in the ratio 2 : 2 : 1. The balance sheet of the partnership as at 30 September 2020 was as follows: The partners agreed to dispose of the business...
-
Explain the cause of demand deficient unemployment.
-
Explain the imposition of a quota.
-
Explain three consequences of inflation.
-
Explain two methods of protectionism.
-
How might government spending on infrastructure be seen as both a demand-side policy and a supply-side policy?
-
Solve the triangles with the given parts. A = 43.12, a = 7.893, b = 4.113
-
Write a paper about medication error system 2016.
-
Why does the existence of an externality prevent the market from working properly?
-
A debate about dairy products concerns the labeling of milk produced from cows that have been injected with the hormone BST, which significantly increases milk production. Since the FDA has...
-
Would a high tax on oil significantly reduce the total amount of pollution in the environment?
-
Include your strategies for capitalizing on your strengths and overcoming your weaknesses in order to become successful in your work related goals
-
when Recognizing and Identifying Child Abuse and Neglect, Include some strategies for capitalizing on strengths and overcoming weaknesses in order to become successful in your work-related goals?
-
What can be the most beneficial when learning about Recognizing and Identifying Child Abuse and Neglect? How can Recognizing and Identifying Child Abuse and Neglect will assist you in achieving...
Study smarter with the SolutionInn App