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National income only captures the wealth portion of a countrydo you think it should be modified to include non wealth aspects pollution to show the quality of life people experience?
Wiki User
∙ 12y ago
not to sure
Wiki User
∙ 12y ago
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What extent does national income measure social welfare?
National income does provide some measure of social welfare, but it is by no means a perfect measure. National income only captures economic activity, and does not take into account other important factors such as environmental quality, leisure time, or income distribution. In addition, national income does not always reflect changes in welfare that may occur over time, such as increases in life expectancy.
What is Absorption Approach in BOP?
absoption approach to BOP is enforced from the premise of national income accounting(NIA). it captures the flow of goods and services across boarders ie. trade. in a closed economy we know that savings equals investment because there are no leakages to other countries neither are there injections from abroad. s=I, Y=C+I+G
Who gains more from trade when nations are of unequal economic size?
If one nation is significantly larger than the other, the larger nation attains fewer gains from trade, while the smaller nation captures most of the gains from trade.
Should I sell the BP stock at this time?
I would say that the stock is going to go up after Israel captures Gaza's natural gas rights by pummeling the civilian population into submission. The leak has been contained though there is the expense of the clean up. Prices may fall alittle further but should then start to recover. If you sell them now you probably won't get what you paid for them. I'm holding onto mine.
What is price elasticity of vertical demand curve?
its zero I'll do a bit of the explanation: Price Elasticity of Demand captures the shift in demand for rises in prices in percentage terms. Therefore if a commodity is such that no matter what price the producer charges the consumer has no alternative but to buy it, then for any price the demand for that commodity remains unaltered, maybe an example is a monopolist salt producer. Therefore the demand curve must be vertical, no matter what the price the quantity demanded is same, hence the price elasticity is zero. (dq/dp)(p/q) = 0, because (dq/dp) = 0
What happens when you coplete the national dex in heart gold?
If you have it full of captures you will get a star on your trainer card.
Where will you take your Boracay Rum?
Boracay certainly is the place to enjoy this rum, as it captures the island experience Boracay Rum really is the Best Rum In Town!
Cather's novel captures very well one historical aspect of the time in which it's set Which of the following is that?
Cather's novel captures the challenges and transformations facing American pioneers on the Great Plains during the late 19th century.
What does capit means in latin?
He/she/it captures, seizes.
Who captures mrs frisby?
Billy captures Mrs.Frisby.
Could you make a sentence with the word captures?
That new display really captures the eye.
What part of the plant captures sunlight the leaf root or stem?
Leaf captures sunlight
What are the benefits of using an Ionic Breeze Quadra Air Purifier?
In many towns or cities air might be polluted. The Ionic Breeze Quadra Air Purifier captures the pollution and the bacteria in the air making the air healthier and safer to breath.
A drawing that captures the felling of motion is called?
The drawing that captures the felling of motion is called a motion art .
What are the ratings and certificates for The Kaiser Captures Pimple - 1915?
The Kaiser Captures Pimple - 1915 is rated/received certificates of: UK:U
What feeling does yani capture in her paintings of Guilin mountains?
Yani captures the tranquility of the mountains
What pigment captures light?
chlorophyll
