Which of the following is an indicator of how much output the average person would get if all output were divided up evenly among the population?
A. GDP
B. Nominal GDP
C. Per capita GDP
D. Real GDP

Answers

Answer 1

Answer:

C. per capita  GDP

Explanation:

Per capita income is the average income earned per person in a country during a specified period of time . It is the measure of a country's Gross domestic products against its total population.

Per capita GDP is a measure of a country's economic output that accounts for its number of people. It divides the country's gross domestic product by its total population.  it a good measurement of a country's standard of living. It tells you how prosperous a country feels to each of its citizens.

It is calculated by dividing the total GDP of a country by its population

therefore going by the question and the explanation given the best possible answer is C. Per capita GDP


Related Questions

Using a ucf graduate's current year tax data below, what is the adjusted gross income: wages = $55,000 ordinary dividends = $1,000 interest on municipal bonds = $2,000 traditional ira contribution = $3,000 short term capital gain = $ 9,000 alimony paid = $20,000 $42,000 $80,000 $46,000 $88,000 $40,000

Answers

Answer:

$42,000

Explanation:

Wages                                        $55,000

Ordinary dividends                    $1,000

Traditional iRA contribution      $3,000

Short term capital gain             ($9,000)

Alimony paid                            ($20,000)

Total                                        $42,000

In the context of strategic human resources management, people can increase _____ by helping lower costs, providing something unique to customers, or both.

Answers

Answer: The correct answer is VALUE.

Explanation: Human Resource Management means management of people at work. It involves recruiting, training and generally impacting employees to add value and collectively achieve organisational goal.

What do the National Survey of Family Growth, Youth Risk Behavior Survey, and National Survey of Adolescent Males have in common?

Answers

Answer:

All of them are longitudinal studies.

Explanation:

The survey is conducted every year now since 1991 by a sample of the population of students at the regional, state, and local levels. The YRBS findings help adolescents and young adults consider the factors contributing to the major causes of cancer, mortality, and injury. The research paper will investigate data gathered by the National Survey of Teenage Males in the fourth wave of a special longitudinal data set.  

Joe is recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making. What Joe is performing is commonly called?A. finance.B. auditing.C. accounting.D. economics.

Answers

Answer:

accounting              

Explanation:

Accounting refers to the process for recording financial transactions related to a company. The accounting process involves the review, examination and notification of these activities to supervisory authorities, supervisors and tax collection bodies.

Accounting financial statements are a brief summary of business transactions across an accounting span, summarizing the revenues, financial condition and cash flows of a business.

Accounting is among the most important functions in almost every sector. It can be done by an accountant or a small company manager, or by massive accounting divisions with hundreds of employees in larger businesses.

In the "Talking with Little Girls" reading, Lisa Bloom writes about Group of answer choices

1. how important it is to compliment a little girl’s appearance.
2. how we should consider sending messages to little girls that we value their brains .
3. how saying "How cute you are" to a little girl when you first see her teaches her that looks are more important than anything.
4. both b and c.
5. all of the above.

Answers

Answer:

4. both b and c.

2. how we should consider sending messages to little girls that we value their brains . 3. how saying "How cute you are" to a little girl when you first see her teaches her that looks are more important than anything.

Explanation:

If you have a much younger little sister, you will probably have noticed that little girls pay a lot of attention to what grown ups or much older people tell them. A 5 year old sister considers her 15 year old brother to be almost a grandpa. Unlike little boys, little girls are very affected by the way you talk to them and display very feminine characteristics, e.g. they like to play mommy with her dolls, they take care of their pets and pretend they are babies, etc.

But when you talk to them, you must be very careful to not only praise how cute she might be, but you should also praise how intelligent or capable she is. For example, I like to praise how well my little niece paints and draws, and I always tell her she will be a great artist. Since she likes hearing how good she can be at something, she draws and paints a lot, and even though at the beginning she wasn't really, now she is doing it well. Now I can proudly tell her that she is going to be the cutest painter in the world.

The correct option is: 4. both b and c.

In "Talking with Little Girls," Lisa Bloom emphasizes the importance of sending messages to little girls that value their intellect and abilities, rather than focusing solely on their appearance. Bloom argues that complimenting a girl's appearance, such as saying "How cute you are," can inadvertently teach her that looks are more important than her skills or intelligence.

By prioritizing comments that highlight a girl's brainpower and achievements, rather than just her physical appearance, we help foster a sense of self-worth based on her capabilities and character. This approach aims to shift the focus from superficial attributes to more meaningful qualities, encouraging little girls to value their intellectual and personal growth.

what is the term for an organization that combines inputs of raw materials, capital, labor, and management skills to produce useful outputs of goods and services so as to earn a profit?

Answers

Answer:

The correct answer to the following question will be "Business".

Explanation:

Business is the practice of earning a living or making a lot of money by manufacturing or purchasing items such as products and services. Put it simply, it is "any business or business done for profit".It would be the concept for an enterprise that blends imports of raw resources, resources, workforce, and managerial skills to produce reliable outcomes of products and services to turn a profit.

Therefore, Business is the right answer.

If a business person wants to get information about a special product to a wide variety people across a large geographic range, even globally, which of the following will be the fastest and widest ranging medium?

A. satellite
B. radio
C. Internet
D. television

Answers

Final answer:

The internet is the fastest and widest ranging medium to get information about a product to a wide variety of people across a large geographic range, even globally, because of its ubiquity, broad reach, and varied communication options.

Explanation:

If a business person wants to get information about a special product to a wide variety of people across a large geographic range, even globally, the fastest and widest ranging medium would be the Internet. The reason is the Internet is ubiquitous and has a very wide reach. It can reach people anywhere, anytime. With options like email, social media, websites, webinars, digital marketing channels, etc., the internet offers a wide array of ways to reach a global audience. It is not only fast, but also allows for more interactive exchange of information.

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You sell a home for a client where the down payment was $30,000 with a loan of $125,000 at 3.7% interest with a term of 30 years fixed. The mortgagor's monthly payment is $1,219. What is the loan to value ratio?

Answers

Answer:

76%

Explanation:

The computation of loan to value ratio is shown below:            

Loan to value ratio equals to

= (Loan amount - down payment) ÷ (Down payment)

= ($125,000 - $30,000) ÷ ($125,000)

= ($95,000) ÷ ($125,000)

= 76%

Simply we applied the above formula and the other details are not relevant i.e monthly payment, interest rate and tenure. Hence, ignored it

A firm has net income of $38,000, preferred stock dividends of $10,000, and common stock dividends of $8,000. The firm has 10,000 shares of common stock outstanding that sells for $46 a share. What is the price-earnings (PE) ratio?

Answers

Answer:

16.43 times

Explanation:

The computation of the price-earnings ratio is shown below:

Price-earnings ratio = (Market price per share) ÷ (Earning per share)

where,

Earning per share is

= (Net income - preferred stock dividends) ÷ (common stock outstanding)

= ($38,000 - $10,000) ÷ (10,000 shares)

= ($28,000) ÷ (10,000 shares)

= $2.8 per share

So, the price earning ratio would be

= ($46) ÷ ($2.8)

= 16.43 times

Final answer:

To calculate the P/E ratio, subtract preferred dividends from net income to find EPS, then divide the stock's price per share by EPS. For this firm, the P/E ratio is 16.43.

Explanation:

To calculate the price-earnings (P/E) ratio for a firm, we must first find the earnings per share (EPS). The net income of the firm is given as $38,000. To find the EPS, we subtract the preferred stock dividends of $10,000 and don't consider the common stock dividends, as they are not included in this calculation. After subtracting, we are left with $28,000 for the common shareholders. We then divide this amount by the number of common shares outstanding, which is 10,000, giving us an EPS of $2.80.

Next, we use the closing price of the company's common stock, which is $46 per share, to determine the P/E ratio. The formula for the P/E ratio is the price per share divided by the EPS. In this case, we divide $46 by $2.80 to get a P/E ratio of 16.43. Therefore, the P/E ratio for the firm is 16.43.

John complained to his buddy, Frank, that prices have increased a lot over the past year. Frank disagreed, saying that the prices of some goods have gone up a bit, but other prices have declined, noting that you can get some good buys on houses right now. Frank feels that the average price of consumer goods hasn't changed. Frank and John can refer to the __________ to learn how government economists currently view the price situation.

A. GDP

B. CPI

C. PPI

D. MEW

Answers

Answer:

B. CPI

Explanation:

If John and Frank are confused whether that prices have increased a lot over the past year and there is lack of clarity that the average price of consumer goods hasn't changed, then Frank and John can refer to the Consumer Price Index to learn how government economists currently view the price situation.

The Consumer Price Index (CPI) is a measure that calculates the changes in  the weighted average of prices of consumer goods and services, including transportation, food, and medical care.

The Bureau of Economic Analysis and Statistics of a country calculates the CPI by dividing price changes for each item by its original price.

Dr. Sullivan is conducting a clinical trial to determine if vitamin Z can improve test performance of students in an introductory college nutrition course. Dr. Sullivan puts all the students' names in a hat and draws names to determine if they will be placed in the control or the experimental group. The experimental group receives a capsule of vitamin Z and the control group a "sugar pill" that tastes and looks identical to the vitamin Z capsule. Neither Dr. Sullivan nor the participants knows who is receiving which treatment. This experiment is BEST described as_________________.

Answers

Answer:

Double-blind, random, placebo controlled selection.

Explanation:

Relating to, or is an experimental treatment in which, during most of the honors course of the experiments neither the participants nor the experimenters recognize whose variables are in the research and control classes.Random selection relates to how the group is taken from the overall population, while the representative sample applies to how the samples are then allocated either to the trial or control groups.Placebo-controlled studies are a way to check a medical therapy during which a rotary knob sample, in addition to a community of patients undergoing the care to be tested, experiences a simulated "placebo" medication that is designed specifically to have no actual effect.

With respect to the major participants in the advertising and promotions process, which of the following participants include sales promotion agencies, digital/interactive agencies, and public relations firms?

Answers

Answer:

Specialized marketing communications service agencies

Explanation:

Based on the information provided within the question it can be said that the major participant that includes these are Specialized marketing communications service agencies. These agencies provide specific marketing communications services to other organizations, and include sales promotion agencies, digital/interactive agencies, and even public relations firms to deal with all aspects of marketing.

The substitution effect is the portion of a change in quantity demanded that is due to a change in the relative price of the good.True / False.

Answers

Answer:

True.                              

Explanation:

As per the substitution effect, when price of a good rises, keeping other factors and consumer's income constant, the consumer's quantity demanded of that good falls with the fall being attributable to a demand created for it's substitute.

For example coke and pepsi are both priced at 2$ apiece. The demand for coke being 5 units by a consumer. Suppose, the price of coke rises to 3$ assuming other factors affecting demand remaining constant, the consumer now demands lesser units of coke i.e 3 units of coke and 2 units of pepsi. This reduction of 2 units of quantity demanded of coke is attributable to substitution effect.

At lunchtime, Pete's Chilly Dogs sells hot dogs, chips, and soft drinks from five portable hot dog carts stationed on busy street corners. The depreciation cost on the carts is $1,000 per year for each cart. The company buys supplies (hot dogs, chips, cups, napkins) as needed. The 5 cart operators are each paid $8,000 per year plus 5% of sales revenue. Relative to the number of hot dog carts, the depreciation cost is _______.a. mixed.b. strategic.c. fixed.d. variable.

Answers

Answer: d. Variable

Explanation:

The greater hot dog carts in use the greater the total depreciation charge. Since the total amount of depreciation cost increases or decreases in proportion to the number of carts in service, it is a variable cost.

Peter must inform his employees that his company will need to let go of employees. Which word would be best for Peter to use when conveying this idea to his employees? a. Streamlining b. Rightsizing c. Layoff d. Paradigm shift

Answers

Answer:

c. Layoff

Explanation:

Layoff refers to the action of employers terminating the services of an employee. It when an employer brings to an end to their work relationship with the employee. Layoff occurs due to a variety of reasons. It may affect one worker or a group of workers.

A layoff is different from dismissal or firing.  Dismissal may be a result of employee under-performance or breach of contract. Layoff occurs because employers need to reduce their salary expenditures.

Answer:

Layoff

Explanation:

Which one of the following types of licensing agreements does not require that the user acknowledge that they have read the agreement prior to executing it?

Answers

Answer:

B. Shrink-wrap Agreement

Explanation:

First, the multiple options

A. Standard license agreement

B. Shrink‐wrap agreement

C. Click‐wrap agreement

D. Verbal agreement

Shrink-Wrap Agreements are legally binding licensing agreements that are usally packaged with products. The licensing agreement is an undertaking that allows a producer to package its product in an enclosed or sealed shrink or plastic wrap that can only be viewed or inspected by the user or consumer after purchase is made.

In other words, since the licensing agreement is enclosed in the wrapped case of the product and the consumer can only access this agreement leaflet after purchasing the product then it does not require that the reading or acceptance or acknowledment of the agreement prior to purchase.

Example of these type of products include pharmaceutical products where the agreement leaflet can only be accessed after the plastic wrapping is unsealed after purchase. This agreement would usually contain specific conditions such as limitations, rigth of ue, warranties and licenses.

Assume that an employee of a FINRA member firm opens a securities account at another FINRA member firm. If requested, the employing member firm can request duplicate (A)confirmations only.(B)account statements only(C)confirmations and account statements(D)account forms used to open the account.

Answers

Answer:

C) confirmations and account statements

Explanation:

If an employee of a FINRA member firm wants to work for another FINRA firm, he/she must notify his/her employing member firm, and his/her new employer must send duplicate confirmations and account statements only if requested by the member employing firm. The member employing firm does not have to grant any type of approval or permission.

The Financial Industry Regulatory Authority (FINRA) regulates member brokerage firms and exchange markets. FINRA is regulated and overseen by the SEC. They issue licences to individuals and admits companies into the financial trading industry.

Digital marketing isn't just about selling your products internationally. It can be used to great effect for local businesses. What do we mean by 'local businesses'?

A. A business that operates from a specific geographic location
B. A business that is within a 5km radius from the customer
C. A business that has existed within a community for more than 5 years
D. A business that only provides a service based product

Answers

Answer:

A. A business that operates from a specific geographical location

Explanation:

The scope of digital Marketing has grown tremendously in the recent past. The major reason being it's wide reach through internet unlike the conventional form of marketing which is limited to specific location.

Digital Marketing refers to advertisement through display of advertisements on social portals and web pages. The marketeer buys space on social platforms and other websites for content.

For instance the advertisements on social media platforms is a form of digital marketing.

The world has turned into one global market owing to such technological advancements.

Local businesses refer to the place or location where a business is based.

Thus, local businesses refer to (A). A business that operates from a specific location.

A furniture factory's employees work overtime to finish an order that is sold on December 31. The office sends a statement to the customer in early January and payment is received by mid-February. The overtime wages should be expensed in:
a) Januaryb) Februaryc) The period when the worker receives their checksd) Either Jan or Feb depending on when the pay period end

Answers

Answer:

Correct answer is (a) January

Explanation:

The overtime wages should be expensed in January because the overtime wage payment should be made from the company account and not base on the customer payment to the company.

Final answer:

Overtime wages should be expensed in the period when the work was performed, which is December, according to the matching principle.

Explanation:

The expenses are related to the accounting principle known as the matching principle, which states that expenses should be recorded in the same period that the related revenues are recognized. In this case, the overtime wages incurred by the furniture factory employees in late December should be expensed in December (the period when the work was performed and the revenue from the sale was realized), even though payment was received in February. Therefore, the correct answer is (d) The period when the worker receives their checks, assuming that the fiscal year corresponds to the calendar year and employees are getting paid after the period they worked.

A company has been in business for five years. As of December 31, 2008, the company had assets of $475,000 and liabilities of $200,000. After a successful year of business in 2009, the company's assets had increased by $95,000, and liabilities had increased by $40,000. While no new investments were made into the company during 2009, a dividend of $12,000 was paid to owners. Based on this information, determine the company's net income for the year 2009.

Answers

Answer:

$67,000

Explanation:

Data provided in the question:

Value of assets on December 31, 2008 = $475,000

Liabilities on December 31, 2008 = $200,000

Increase in assets in 2009 = $95,000

Increase in liabilities in  2009 = $40,000

Dividend paid = $12,000

Now,

The company's net income for the year 2009

= Increase in assets in 2009 + Dividend paid - Increase in liabilities

= $95,000 +  $12,000 - $40,000

= $67,000

Final answer:

The company's net income for 2009 was calculated by using the formula Net Income = Final Assets - Final Liabilities - Final Owners' Equity. After calculating owners' equity and adjusting for dividends, the net income for 2009 was found to be $-22,000.

Explanation:

The subject of the question is finance, which is a component of business studies. To answer this question, we need to use the formula for calculating net income: Net Income = Assets - Liabilities - Owners Equity.

Firstly, we calculate the owners' equity as of December 31, 2008, which is the difference between assets and liabilities (475,000 - 200,000 = $275,000).

In 2009, the assets increased by $95,000 and liabilities increased by $40,000. There were no new investments, but a dividend of $12,000 was paid. So, the new owners' equity is (475,000 + 95,000) - (200,000 + 40,000) = $330,000.

Since dividends reduce owners' equity, we adjust the equity by adding back the dividends: 330,000 + 12,000 = $342,000.

Now, using the Net Income formula: Net Income = Final Assets - Final Liabilities - Final Owners' Equity, we find that the net income for 2009 is (475,000 + 95,000) - (200,000 + 40,000) - 342,000 = $-22,000.

Therefore, the company's net income for the year 2009 was $-22,000.

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________ are consumer products that the consumer either does not know about or knows about but does not normally think about buying. These products require a lot of advertising, personal selling, and other marketing efforts.

Answers

Answer: Unsought product

Explanation:

 The unsought products are one of the type of products in which the customer are unaware and also not at all interested for purchasing this kind of products.

It is one of the aggressive sales method in the marketing as the consumer have no specific desire for busying the given products in the market.

The unsought products typically required a lot of marketing efforts, advertising and also the personal selling techniques for selling the unsought products in the market.  

 Therefore, Unsought products is the correct answer.

Final answer:

Unsought products are consumer products that are not routinely considered for purchase by consumers. Due to their nature, they require more significant advertising and other marketing efforts.

Explanation:

The products you're referring to are called unsought products. These are consumer products that consumers either don't know about or know about but don't routinely consider buying. Examples of this could be life insurance, cemetery plots, and the like. Due to their nature, a large part of advertising and other marketing efforts is necessary to make consumers aware of their existence and to convince them about their need for these products.

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Suppose a restaurant in a small community offers breakfast options​ 24-hours a​ day, however, none of the competition even offers breakfast options. This would be an example of​ a(n) _____ benefit.A.interpretiveB.lifetime valueC.differentialD.competitionE.superiorC.differential D. superior E. interpretive

Answers

Answer:

The correct answer is C

Explanation:

Differential is the term which is described as that the company or the business is offering a product or a service which is different in the market, different from its competitors, attract the customers.

So, in this case, the restaurant offers the service to the customers, which is offering the option of breakfast (24 hour a day) and none of the competitors offers this service. Therefore, it is an example of the differential, where the service or the product is very different or unique in comparison to others.

Ikea offers young customers a selection of home furnishings featuring good design, function, and acceptable quality at low prices. Ikea is using which business level strategy?
a. Cost leadership
b. Focused cost leadership
c. Differentiation
d. Focused differentiation

Answers

Answer:

focused cost leadership                                            

Explanation:

A focused plan for cost management needs price-based rivalry to same a limited sector. A business that implements this approach will not automatically offer the industry's cheapest prices. Rather it pays low prices in competition with other firms that operate within the intended audience.

An crucial point in these techniques is that the essence of the small target audience differs throughout firms using a focused approach of cost management.

In some instances, demographics define the target group. Thus, from the above we can conclude that the correct option is B.

Which is the stage in the product development process where most new product ideas are rejected because they seem inappropriate for an organization?

Answers

Answer:

Explained below:

Explanation:

It is true that it is too difficult for any organization to carry on with the existing product so before spending too much expenditure on development of new products a product passes through the various stages, at the first stage of product development process the organization calculate the ideas regarding new product development, and if the newest product idea is not appropriate for the organization due to unavailability of cost-effective production of particular product, or very lesser demand of that particular product among the customer, etc then finally at the second stage this idea regarding new product will be rejected.

When a corporation sells all or substantially all of its assets to another corporation, generally,
a. a majority of both shareholders and directors must approve.
b. one-third of the shareholders must approve.
c. fifty-one percent of the directors must approve.
d. two-thirds of the directors must approve.

Answers

Answer:

a. a majority of both shareholders and directors must approve.

Explanation:

Whenever a corporation decides to dispose off all of it's assets or substantially all of it's assets to another corporation, following points are noteworthy

The Board of directors first have to propose a resolution regarding disposition which has to be approved Secondly post approval of the said resolution, the act of "disposition" also requires approval by the corporation's shareholders.Such approval must be obtained by majority of the votes cast in it's favor.

In short, disposition of all or substantially all the assets requires an approval of a majority of both shareholders and directors.

John is starting a sole proprietorship in which he will install home stereo systems. John decides to test a paid Google Ad so that the name of his company will gain recognition. This is an example of what marketing mix element?

Answers

Answer:

The correct answer is PROMOTION.

Explanation:

Google ad is a typical example of an advertisement for companies. Advertisement is one element of PROMOTIONAL MIX.

It involves creating awareness of a good or service. This helps to improve patronage.

A snack manufacturer realizes that he must increase the salt content of his company's chips by at least 3% in order for a sample of consumers to notice that the chips are saltier than they were before- This example most nearly illustrates the concept of a(n):

Answers

Answer:

The Answer to this question is Difference threshold.

Explanation:

A difference threshold otherwise known as Just noticeable difference is the  smallest level of increase or decrease in stimulation required to sense that a change in stimulation has occurred . The concept of difference thresholds applies to different areas such as: touch, taste, sight, hearing and smell. These areas have levels that need to be met before any impact can be sensed.

Therefore referring to the question, If the snack manufacturer must increase the salt content of the chip by at least 3% so that consumers can notice the change, he is applying the concept of difference threshold.  

In Dart Co.'s year two single-step Income Statement, as prepared by Dart's controller, the section titled "Revenues" consisted of the following: Sales $250,000 Purchase discounts 3,000 Recovery of accounts written off 10,000 Total revenues $263,000 In its year two single-step Income Statement, what amount should Dart report as total revenues?

Answers

Answer:

$250,000

Explanation:

As we know that the income statement reports the total revenues earned and the total expenses incurred. The total revenues should be presented on the income statement on the credit side while the total expenses should be presented on the income statement on the debit side.  

In the given case, the sales are made for $250,000 and the other amount that is given is not related to the revenue  

So, only $250,000 should be reported as a total revenues

Ajax Inc. is one of the customers of a well-known linenmanufacturing company. Ajax has not ordered linen in some time, but when it did order in the past it ordered frequently, and its orders were of the highest monetary value. Under the given circumstances, Ajax is most likely to have a[n] RFM score of 511.

Answers

Answer:

False, its score should be 155.

Explanation:

RFM analysis scores customers on a ranking that goes from 1 - 5, with 5 being the best parameter (555 is the ideal customer). The factors used in a RFM analysis are recency, frequency, and monetary value.

Companies perform RFM analysis based on the idea that 80% of the company's total business comes from only 20% of its customers.

In this case, Ajax would get:

1 for recency since it hasn't purchased anything in a long time, 5 for frequency because when it used to purchase goods, they did it quite frequently5 for monetary value because they were the largest sales

What’s it called when you contact the public with unsolicited offers via a multitude of communication vehicles, and in high frequency, even with your buyer’s permission?

Answers

Answer:

harassment

Explanation:

Based on the information provided within the question it can be said that this large magnitude of solicitation attempts classifies as harassment. This is because you are aggressively pressuring the potential buyer towards buying the product or service that you are offering through a large quantity of different advertisement methods.

Other Questions
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