Business High School

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The Kids have been asked to decide whether India has more wealth than Peru. Mary says they should use the GDP while jann says they should use the GDPP. Who is right?

1. Mary
2. Jann
Neither, they should use the exports and imports

Answers

Answer 1

Answer: Mary

Explanation:

GDP simply means the gross domestic product and it is the value in terms of money based on the goods and services that a country produces.

With regards to the question, Mary is right as the GDP can be used to denote economic growth and also know how a particular economy is doing. Wealthy nations usually have a huge GDP.

Related Questions

Which of the following is a characteristic of a for-profit healthcare facility?

run by government

uses public funds

focuses on services everyone can afford

owned by private citizens

Answers

Answer:

D. owned by private citizens

Explanation:

A for-profit organization can be defined as a type of organization that is created to primarily generate more revenue than its operating costs by providing lawful services to customers. By generating more revenue than operating costs, a for-profit organization is able to make profit.

Some examples of for-profit organizations are privately owned establishments such as hospitals, hotels, restaurants, supermarkets, gas stations, etc.

Hence, a characteristic of a for-profit healthcare facility is that it is owned by private citizens.

Unlike government agencies or organizations which are being run with public funds and at a subsidized rate (focuses on services everyone can afford), for-profit are mostly owned by private citizens, who are always after making profits from the business.

Answer:

D

Explanation:

edge

Tyreek pitches four investors. They agree to each invest $25,000 and value Tyreek's company at 200,000. How much of the company will Tyreek still own after the investment?

a) 41%
b) 45%
c) 50%
d) 56%

Answers

Answer:

50%

Explanation:

The percentage of the company which Tyreek will still own after the investment can be calculated as follows:

Value of Tyreek's company = $200,000

Total amount contributed by the four investors = $25,000 * 4 = $100,000

Let P represents the percentage of the company which Tyreek will still own after the investment.

Therefore, we have:

P = (Total amount contributed by the four investors / Value of Tyreek's company)

P = ($100,000 / $200,000)

P = 0.5 or 50%

Therefore, the percentage of the company which Tyreek will still own after the investment is c) 50%.

Learn more here: https://brainly.com/question/1974199.

Select all that apply.
Which of the following would be considered full-time work?
hours
33 hours
9 G 8C it
45 hours
51 hours

Answers

Pretty sure a full time job is 45 hours
Answer:

45 hours;

51 hours;

40 hours.

The answer choices given, as listed above, would be considered "full-time work

Hope this helps (:
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