FREE Trial

Is it possible for an economy to experience economic growth as measured by total GNP without a commensurate rise in

Question:

Is it possible for an economy to experience economic growth as measured by total GNP without a commensurate rise in the standard of living? Discuss fully.

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!

Step by Step Answer:

Answer rating: 68% (19 reviews)

A countrys gross national product is the total of its economic o…View the full answer


answer-question
Answered By
tutor-profile-image
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options. I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others. I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career. I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance. I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy. I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others. I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001. I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately. I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me. I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+ 2+ Reviews 10+ Question Solved
Related Book For  answer-question
International marketing

International marketing

ISBN: 978-0077446956

15th Edition

Authors: Philip R. Cateora, Mary C. Gilly, John L. Graham

See More Books
View Solution
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes. * Average response time.
Question Posted: March 01, 2012 06:35:02
See More Questions

Students also viewed these Marketing questions

Q:
Is it possible for an economy to be based entirely on services?
A:
Economies based on services only are exceptions and rare ones at that......
Q:
Define potential output. Is it possible for an economy to produce an amount greater than potential output? Explain
A:
Potential output or potential GDP is the maximum sustainable amount of o......
Q:
Is it ever possible for an economy to operate above the full-employment level in the short term? Explain.
A:
Yes an economy may operate above full employment in the short run by using......
Q:
If a currency reform has no effects on the economys real variables, why do governments typically institute currency reforms in connection with broader programs aimed at halting runaway inflation?...
A:
Currency reforms are often instituted in conjunction......
Q:
Discuss how technology is affecting marketing.
A:
The explosive growth in digital technology has fundamentally changed the way we live x how we co......
Q:
Fill in the gaps in the table below. Quantity of Variable Input Total Outp of Variable Input ofVariable Input Marginal Product Average Product 225 300 300 1140 225 225
A:
Quantity of Variable Input 0 1 2 3 4 5......
Q:
Sun Pharmaceutical Limited is a leading pharmaceutical company of India engaged in research and manufacturing of drugs. It has over over 40 stateoftheart manufacturing sites spanning 6 continents....
A:
Click to View...
Q:
The following information was taken from the CAFRs of two cities of approximately the same size in the same state. 1. Compare the nancial condition of the two cities based on the following...
A:
all dollar amounts not per capita amounts in thousands 1 Financial statement indicators Riverside Lakeview a Total operating expenditures 112 000 174......
Q:
Describe the current Chinese economy. Where do you think it will go from here?
A:
Second only to the US China had the world s largest economy Its economy grew rapidly for decades due......
Q:
The results below are based on data collected as part of a student project for an introductory statistics class at UF. If there is more than one group/treatment, the first group mentioned is group 1....
A:
This problem is about two independent means The sign of the alternative hypothesis should be......
Q:
The foreign market researcher must possess three essential capabilities to generate meaningful marketing information. What are they? Discuss.
A:
The foreign market researcher must possess three essential capabilities in order to generate meaning......
Q:
Why do technical assistance programs by more affluent nations typically ignore the distribution problem or relegate it to a minor role in development planning? Explain.
A:
If an underdeveloped country cannot produce a certain product it does no......
Q:
Describe a situation where the functional/sequential approach to product development might be more appropriate than the integrated/concurrent engineering approach.
A:
If a new product development effort is mainly incremental in nature th......
Q:
Enable Resource Metering and therefore, execute the following command: Get-VM *| Enable-VM Resource Metering What will be the outcome of this command?
A:
Executing the PowerShell command Get VM Enable VMResourceMetering on a......
Q:
The Supreme Court of the United States 439 U.S. 522, January 16, 1979 was a landmark case dealing with, among other things, the accrual basis of accounting. What exactly did it decide?
A:
The case you re referring to is United States v General Dynamics Corp 439 U S 522 1979 This case primarily dealt with the accrual basis of accounting......
Q:
Elizabeth Maxwell, a medical assistant for Dr. Casey, often works at the front desk. One of Dr. Casey's patients, Stephanie Cross, has arrived for a scheduled appointment. On her way in, Stephanie...
A:
1 Elizabeth should tell Stephanie Cross that she cannot disclose any information about her neighbor s medical record without their consent This is because patient confidentiality is a legal and ethica......
Q:
1. Write a program that implements the following system. MARK RANGE GRADE [85, 100] A A- [80,84] [75,79] [70,74] [65, 69] [60, 64] [55,59] [50,54] [45,49] [40,44] [0,39] B+ B B- C+ C C- D+ D F
A:
include using namespace std int main declare variab......
Q:
Write a matlab code to evaluate the following expression. [7pt] f(x) = |xeax - cos(bx)]. For a=3, b=2, and x = [1 3 5 7 9] I
A:
You can use the following MATLAB code to evaluate the expression f x xe ax cos bx for th......
Q:
What are likely to be the main problems in establishing cap-and-trade programs for water pollution control?
A:
Establishing cap and trade programs for water pollution control can be complex and challenging due to the unique characteristics of water pollution and the intricacies of managing a market based appro......
Q:
The May 2014 revenue and cost information for Houston Outfitters, Inc. follow: Sales Revenue (at standard).............. $ 540,000 Cost of Goods Sold (at standard) ..........341,000 Direct Materials...
A:
HOUSTON OUTFITTERS INC Standard Cost Income Statement For the Month Ended May 31 2014 Sales Revenue at standard 540 000 Cost of Goods Sold at standard 341 000 Manufacturing Cost Variances Direct Mater......
Q:
Define new product development and name the different types.
A:
a New product development is the process of creating a new product b New to the world products are t......
Q:
How can adopters of new products be categorized?
A:
a Innovators b......
Q:
Define diffusion and explain the factors influence the speed of diffusion.
A:
a Diffusion is process by which an innovation slowly spreads through a culture or group b The inn......
Clever Soap 3 Percent Sulphur Face Wash Exfoliating Blemish Control Cleanser - ISBN: B0B63GYQ59 - Free Book