Greg Mankiw: "GDP is the best single measure of the economic well-being of a society." Robert F. Kennedy: "Too much and for too long, we seem to have surrendered personal excellence and community value in the mere accumulation of material things. Our Gross Domestic Product counts air pollution and cigarette advertising and ambulances to clear our highways of carnage. It counts special locks for our doors and the jails for the people who break them. It counts the destruction of the redwoods and the loss of our natural wonder in chaotic sprawl. It counts napalm and it counts nuclear warheads, and armored cars for the police to fight riots in our cities. Yet the Gross Domestic Product does not allow for the health of our children, the quality of their education, or the joy of their play. It does not include the beauty of our poetry or the strength of our marriages, the intelligence of our public debate or the integrity of our public officials. It measures neither our wit nor our courage, neither our wisdom nor our learning, neither our compassion nor our devotion to our country; it measures everything, in short, except that which makes life worthwhile." Based on the lectures on GDP please comment on these two statements. (150 - 200 words)

Essential job functions refer to the core responsibilities and duties that are fundamental to a particular job.

These functions are the primary reason the job exists and are necessary for the job to be performed successfully. Essential job functions typically cannot be removed or altered without significantly changing the nature of the job. It is important to identify essential job functions in job analysis, as they provide the basis for determining job qualifications, performance standards, and reasonable accommodations for individuals with disabilities.

Essential job functions also serve as a basis for compliance with various employment laws and regulations, such as the Americans with Disabilities Act (ADA).

Learn more about Essential job

https://brainly.com/question/5811788

#SPJ4

When a purely competitive firm is in long-run equilibrium, the price equals the marginal cost. Option B is answer.

In long-run equilibrium, a purely competitive firm operates at a level where it maximizes its profits. At this point, the firm produces the quantity of output where the price equals the marginal cost. This means that the firm is selling its product at a price that exactly covers the cost of producing an additional unit. In other words, the firm is neither making excessive profits nor incurring losses in the long run.

Option B is answer.

You can learn more about marginal cost at

https://brainly.com/question/17230008

#SPJ11

Answer:

Merits

• limited liability

• Perpetual existence

Demerits

•Company mismanagement

•Lack of secrecy

Explanation:

Merits

° limited liability. The liabilities of the shareholders are limited to the value of investment they have in the company. This means that should the company becomes insolvent, the shareholders will only loose their investment in the firm and not their personal properties.

°Perpetual existence. This is based on the principle of separate legal entity , which means that the death of any shareholder or director would not in any way affect the existence of the company.

Demerits

° Company Mismanagement . One of the demerits of company is Mismanagement. The directors sometimes mismanage company's fund for their personal and selfish benefits which oftentimes throw the company into debt.

° Lack of secrecy. There is no secrecy in company as annual reports are given to the shareholders hence enable the competitors know it's performance and also provide company statements to registrar of companies.

Liquidity and risk are two crucial aspects to take into account when making investment decisions.

The ease with which an investment can be changed into cash without suffering a large loss in value is referred to as liquidity. The liquidity of various investment types varies in various ways.

The uncertainty and possibility of loss connected to investment are referred to as risk. Risk levels are different for various investment vehicles.

The potential for bigger profits on investments with a higher level of risk is also accompanied by a greater likelihood of loss. Although they could offer more consistency, lower-risk investments may also produce lower returns.

Learn more about investment, here:

https://brainly.com/question/15105766

#SPJ1

The book value per share decreases after the new investment, book value dilution does occur that is option B is correct.

To determine whether book value dilution occurs in this situation, we need to calculate the book value per share before and after the new investment. The book value per share is calculated by dividing the total assets minus total liabilities by the number of shares.

Before the new investment, the book value per share is calculated as follows:

Book value per share = (total assets - total liabilities) / number of shares

= ($9,800,000 - $4,700,000) / 30,000

= $2,550

After the new investment, the book value per share is calculated as follows:

Book value per share = (total assets - total liabilities) / number of shares

= ($9,800,000 - $4,700,000 + $640,000) / 30,000

= $2,533.33

Learn more about Book value at:

brainly.com/question/14504712

#SPJ4

Answer:

Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? Older, working couples saving for retirement. Older people living on fixed retirement income.

The correct statement is that the coupon rate is used as the interest rate when determining the value of a bond, not as the discount rate.

The coupon rate is the interest rate that a bond issuer pays to its bondholders. The discount rate, on the other hand, is the rate of return required by an investor to purchase a bond. It is used to discount the future cash flows of the bond to their present value.Bonds are financial instruments that enable organizations to raise funds from investors. They are sold at a face value, which is the amount of money that the bondholder will receive at the maturity of the bond. Bonds have a fixed interest rate that is paid to bondholders periodically, typically semi-annually or annually. This interest rate is known as the coupon rate and is determined at the time of issuance of the bond.

To know more about coupon rate  visit:

https://brainly.com/question/28528712

#SPJ11

Answer:

Option: writing an email to a coworker

Explanation:

Writing an email to a coworker is an example of nonverbal communication because there is no communication between people by speaking or listening. Writing an email to a coworker is a way of communicating with a person without listening to others converse or engage in one to one talk in person.

Answer:

B

Explanation:

An illustration of quantitative data is income.

Age, the number of children, and income are only a few examples of quantitative variables. Quantitative variables are sums or counts. Groupings are represented by categorical variables; examples include the sort of pet, agreement level, and shoe brand.

Data that can be quantified includes household income, ZIP code, and the number of children. These are commonly known as demographics.

Examples of numerical or quantitative data include height, weight, temperature, GPA, and annual income. Comparatively, categorical data are a sort of qualitative data. Examples include things like name, qualification, and hair color.

To Know more about quantitative data

https://brainly.com/question/14810759

#SPJ4

The name which is given to the situation where Lemuel has to  join the employee union at the company before he can be hired in a state that does not have right-to-work laws is:

According to the given question, we are asked to state the name which is given to the situation where Lemuel has to  join the employee union at the company before he can be hired in a state that does not have right-to-work laws.

As a result of this, we can see that Lemuel has to join an employee union before he can be hired, even though he s qualified, this is because the employer has a closed shop which employs only union members

Read more about closed shop here:

https://brainly.com/question/12797299

To calculate the number of monthly payments required to pay off a loan or meet an investment goal, use the nper function.

In finance, lending is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and usually has to pay interest on that debt until that debt is also repaid. to repay the principal borrowed.

The promissory note will typically state, among other things, the principal amount of the loan, the interest rate charged by the lender, and the date of repayment. A loan involves reallocation of assets in question over a period of time, between the lender and the borrower.

To know more about loan here-

https://brainly.com/question/11794123

#SPJ4

Answer:

Explanation:

For all Plato users.

Finance-related words such as depreciation, capital expenditure, etc. kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily. Thus, option (a) is correct.

A balance sheet is a financial statement that lists an organization's assets, liabilities, and shareholder equity. One of the three important financial statements a company's evaluation will focus on is the balance sheet. It was the obligations using its current assets.

The terms depreciation, capital outlay, liabilities, assets as well as equity, and revenue should all be understood by someone who works in finance. A person can comprehend the data in a restaurant's balance sheet and make decisions about the restaurant's financial health with the aid of these finance-related terms if they are familiar with them.

As a result, the significance of the kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily are the aforementioned.

Learn more about on balance sheet, here:

https://brainly.com/question/26323001

#SPJ5

i) The present breakeven point in units is 80,000 units.
ii) The present breakeven point in revenues is $1,000,000.
iii) The company will need to sell 111,111 units to earn a profit of $100,000.

Compute the new breakeven point and the Margin of Safety with the below changes:
- 10% decrease in fixed costs, a 10% decrease in selling price, a 10% increase in variable cost per unit and 25% increase in units sold.

The new breakeven point in units is 72,000 units. The new breakeven point in revenues is $900,000. The margin of safety is 25%, since the new units sold will be 375,000 (25% increase from 300,000) and the new breakeven point is 72,000 (20% decrease from 90,000).

1b) The main objectives of Cost Volume Profit Analysis (CVP) are:

- Analyzing the effect of changes in costs, volume and price on the profits of a business.
- Identifying the breakeven point in units and sales revenue.
- Determining the required sales volume needed to achieve a desired level of profits.
- Estimating the margin of safety, which is the difference between the budgeted or expected sales and the break-even sales.

To know more about breakeven point click on below link:

https://brainly.com/question/10190285#

#SPJ11

Scarcity of economic resources requires individuals and societies to make tradeoffs by choosing between alternative uses of limited resources.

This scarcity necessitates making choices and tradeoffs. When resources are scarce, choosing to allocate them towards one particular use means sacrificing the opportunity to use them for alternative purposes.

For example, a government investing resources in building new infrastructure may have to reduce spending on healthcare or education. Individuals face tradeoffs as well, such as deciding between spending money on leisure activities or saving for the future.

These tradeoffs arise because resources are limited, and individuals and societies must make choices to allocate them in the most efficient and effective manner given their scarcity.

Learn more about Economic Resource here

https://brainly.com/question/30393911

#SPJ4

The basis in the equipment transferred by Yvonne is $188,600, which represents the original cost of the equipment.

Ion Corporation's basis in the equipment will be the higher of the fair market value or the adjusted basis of the property in the hands of the transferor. In this case, since the fair market value of the equipment is $282,900, Ion Corporation's basis in the equipment will be $282,900.

Yvonne's basis in the Ion stock will be the total value of her investment, which includes the equipment transferred ($188,600) plus the cash received ($56,580), totaling $245,180.

Simon's basis in the Ion stock will be the total value of his investment, which is the cash contribution ($226,320).

Therefore, Yvonne's basis in the Ion stock is $245,180, and Simon's basis is $226,320.

learn more about "equipment":- https://brainly.com/question/25806993

#SPJ11

Option (b) is Correct. Mismanagement of financial innovations may be the root cause of financial crises in industrialized economies.

Four connected elements mostly cause financial innovations: I Increased government deficits and their effects on interest rates and financial markets, high, erratic, and unexpected inflation, interest rates, and exchange rates Numerous financial advancements provide security. The paper provides a review of the literature that aims to identify these occurrences and focuses on the key theoretical.

Empirical explanations of four different financial crises: currency crises, sudden halt, debt crises, and banking crises. The Great Depression of 1932, the Suez Crisis of 1956, the International Debt Crisis of 1982, and the East Asian Economic Crisis of 1997–2001 are the seven crises that will be discussed. the Latin American Debt Crisis in Mexico, Brazil, and Argentina (1994–2002), the Russian Economic Crisis (1992–1997), and the World Economic Recession (2007–2009).

To learn more about financial crises Visit : brainly.com/question/12597513

#SPJ4

The correct expression, which represents salaries plus the commissions or the monthly income of Hank is, \(2500+ (0.055)(6300)\). So, the correct option that matches the expression above is A.

The expression simply denotes the earnings of Hank in such month when his salary was $2500 and the commission earned was 5.5 percent of the total sales that was $6300.

Hence, the expression \(2500+ (0.055)(6300)\) denotes, correctly, the monthly salary of Hank including the salaries and the commissions earned over sales.

Learn more about monthly Income here:

https://brainly.com/question/9703809

Answer:

1

Explanation:

because we smart,im from forest hill

Answer:

1 because he or she can lead a group

If one had identify how much you would like your sales to grow over a given period of time; then you have created a marketing goal tied to identifying new markets to expand the goals.

Basically, a marketing generally refers those activities a company undertakes to promote the buying or selling of a product or service. It include the use of strategy as advertising, selling and delivering products to consumers or other businesses but some marketing are done by affiliates on behalf of a company.

Despite that there are various types of marketing objectives or goals, the most common types of marketing goals are profitability objective, market share objective, promotional objective and growth objective.

Read more about marketing

brainly.com/question/25754149

#SPJ1

Answer:

Garry

Explanation:

Brainliest please! :)

Answer:

(D) "rewards effective behavior of his employees, and corrects them when the expectations are not met."

Explanation:

The Board preferred recognizing it as an asset for future economic benefits, profit impact reduction, and increased borrowing capacity.

1. The general process of recognizing assets and expenses in an entity's financial statements follows the guidelines set by the Conceptual Framework for Financial Reporting. According to the framework, an asset is recognized when it is probable that the future economic benefits associated with the asset will flow to the entity, and the asset has a cost or value that can be reliably measured. On the other hand, an expense is recognized when there is a consumption or outflow of economic benefits from the entity's resources, and it can be reliably measured. Assets are typically recognized when they meet the criteria for recognition, while expenses are recognized as they are incurred.

2. Journal entry to recognize the $600,000 expenditure:

Date: 31 December 20X1

Expense Dr. $600,000

Cash (or Accounts Payable) Cr. $600,000

Taylor decided to recognize the expenditure as an expense rather than an asset because it did not meet the criteria for asset recognition. Signage and labeling expenses are usually incurred for short-term benefits and do not provide future economic benefits that meet the definition of an asset. Additionally, recognizing the expenditure as an expense aligns with the matching principle, which aims to match expenses with the revenues they generate in the same accounting period.

3. The Board would have preferred to recognize the $600,000 as an asset rather than an expense because assets are typically associated with future economic benefits. By recognizing the expenditure as an asset, the Board would have been able to depreciate it over a useful life of 10 years, which would have spread the cost over multiple periods. This would have reduced the impact on the current year's profit and could have potentially increased the likelihood of meeting the threshold for executive directors' annual bonuses. Furthermore, recognizing the expenditure as an asset would have increased the entity's total assets, allowing for higher borrowing capacity within the constraints of the long-term debt agreement.

Learn more about annual bonuses here:

https://brainly.com/question/28317891

#SPJ11

Answer:

D. Trade Deficit

Explanation:

Since they pay $700 mil to import goods and earn $5oo mil when they sell those goods, they're technically losing money. Which is what a deficit is

Answer:

D) trade deficit

Explanation:

Self and social awareness is an important skill to practice when communicating with others because you will be more aware of your own personal biases

This is further explained below.

Generally, The capacity to grasp the viewpoints of other people, groups, or communities and to incorporate that comprehension into one's relationships with other people is what we mean when we talk about social awareness.

This is a rather straightforward idea.

The term "personal bias" refers to previously unacknowledged views, opinions, or attitudes that have been gained through time and often serve to perpetuate stereotypes.

Personal biases are automatic, accidental, and hardwired into people, and they cause them to make inaccurate judgments.

In conclusion, While you practice self-awareness and social awareness, you will become more conscious of your own personal biases, which makes self-awareness and social awareness a crucial ability to have when speaking with others.

Read more about social awareness

https://brainly.com/question/25124215

#SPJ1

Yes, it's true, The discounted payback period method is a modified payback period model to recover the initial investment in current dollars.

The discounted payback period is a capital budgeting technique used to decide the profitability of a venture. a discounted payback length offers the wide variety of years it takes to interrupt even from the assignment of the preliminary expenditure, by way of discounting destiny coins flows and recognizing the time value of money. The metric is used to assess the feasibility and profitability of a given assignment.

The more simplified payback length formulation, which certainly divides the overall coins outlay for the venture with the aid of the common annual cash flows, doesn't offer as accurate of a solution to the query of whether or not to take on an undertaking as it assumes handiest one, in advance investment, and does not component inside the time price of cash.

Investment definition is an asset acquired or invested in to construct wealth and store money from the hard-earned income or appreciation. funding means in general to gain an extra source of earnings or advantage benefit from the funding over a selected time frame.

Learn more about  investment  here:https://brainly.com/question/11514232

#SPJ4

Answer:

Preach

Explanation:

The given statement " If the unemployment rate is 5%, the employment rate is 95%" is false.

The unemployment rate represents the percentage of the labor force that is actively seeking employment but currently unemployed. It is calculated by dividing the number of unemployed individuals by the total labor force and multiplying by 100.

On the other hand, the employment rate represents the percentage of the working-age population that is employed. It is calculated by dividing the number of employed individuals by the total working-age population and multiplying by 100.

Therefore, the employment rate is not necessarily 100% minus the unemployment rate. Other factors such as individuals who are not in the labor force, such as retirees, students, or individuals who have given up looking for work, can affect the employment rate.

For such more question on employment:

https://brainly.com/question/29318513

#SPJ8

The hand and foot are the most abused part of the body because they are used to perform majority of the functions and movements in individuals.

This happens when an organism or object changes its position over time. The hand and foot are majorly involved in movement from one place to another.

They are also responsible in performing tedious physical activities which is why they are the most abused part of the body.

Read more about Hand and foot here https://brainly.com/question/22805216

The answer is - an investment banker and a customer of an investment Banker.

Therefore, When the IPO for the successful Sweet Cookie Company came out, Bud bought 1,000 shares for $5.50 each. His friend eventually bought 500 shares at $8 each. It is most likely that Bud is - an investment banker and a customer of an investment Banker.

Hence, the correct answers are-

An investment is an asset or object purchased with the intent of creating income or appreciation.

The term "appreciation" refers to the growth in the worth of an asset through time. When an individual acquires a thing as an investment, the intention is not to consume the commodity but rather to use it in the future to produce wealth.

To know more about Investment visit:

https://brainly.com/question/16822436

#SPJ1