Sign In
Ask Question
Business
Brenden Barnes
10 April, 15:09
Does a rising GDP benefit everyone? Explain
+2
Answers (
1
)
Arthur Holland
10 April, 15:39
0
Answer:When a country's GDP is high it means that the country is increasing the amount of production that is taking place in the economy and the citizens have a higher income and hence are spending more. However, increase in GDP does not necessarily increase the prosperity of each and every income class of the nation.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Get an answer to your question ✅
“Does a rising GDP benefit everyone? Explain ...”
in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Many checking accounts offer multiple ways of accessing money in addition to checks. Which of these can be used to access money in a checking account?
Answers (2)
Which of the following would appear in the credits column of a bank statement for a checking account
Answers (2)
Ignoring issues of the statute of frauds, is there a contract for the sale of vinny's celica?
Answers (1)
a. Is it sustainable to think that Emiratis, which make up only about 15 percent of the people in Dubai, can be leading the city as they have been for so long?
Answers (1)
Within the context of the individual as the basic unit of a social organization, which of the following is an implication of the emphasis on individualism in many Western societies? Multiple Choice A.
Answers (1)
New Questions in Business
All of the following are examples of facility level costs except: Select one: a. Costs of cleaning the workplace. b. Costs of custodial work. c. Costs of personnel support. d. Costs of receiving shipments. e. Costs of providing electricity.
Answers (1)
The law of supply states that a. as prices rise, so will supply and vice versa. b. as prices fall, supply will rise and vice versa. c. as prices rise, supply will fall and vice versa. d. as prices rise, supply will stabilize and vice versa.
Answers (1)
Harold and Zack have pooled their money together to buy real estate but have filed no formal papers toform a business. Harold, a lawyer, handles all the legal matters and Zack, a real estate broker, finds buyers for the property they have subdivided.
Answers (1)
On March 1, Marin sold merchandise on account to Amelia Company for $22,400, terms 2/10, net 45. On March 6, Amelia returns merchandise with a sales price of $1,200. On March 11, Marin receives payment from Amelia for the balance due.
Answers (1)
Predict weekly gross revenue (in dollars) for a week when $3,600 is spent on television advertising and $1,800 is spent on newspaper advertising. (Round your answer to the nearest cent.)
Answers (1)
Home
»
Business
» Does a rising GDP benefit everyone? Explain
Sign In
Sign Up
Forgot Password?