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Which economic indicator is measured by comparing the amount of goods or services produced with the amount of input that was used in production?
Wiki User
∙ 13y ago
productivity
Wiki User
∙ 13y ago
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Which statement is true about the recession?
The technical indicator of a recession are 2 consecutive quarters of a negative economic growth as measured by a country's GDP is a true statement about recession.
How is economic activity most commonly measured?
Economic activity is commonly measured as gross domestic product.
What is economically active?
Economic activity, is quite simply, the activity of the economy. It includes the growth and shrinkage of the economy and all factors that affect this (for example Aggregate Expenditure). It is commonly measured by the GDP (Gross Domestic Product) which is probably one of the most reliable economic indicator. Economic activity is the work that people do to enhance their quality of life. Economic activities include thing that people do to get, refine or use Natural Resources.
How is economic stability measured?
Economic stability is measured by the stability of output growth (coefficient of variation) and average inflation 10-year average.
Describe and analyze how economic stability is measured?
Economic stability is measured in two ways. First it can be measured by the coefficient of variation (stability of output growth) or secondly by the 10 year average for inflation.
Which statement is true about the recession?
The technical indicator of a recession are 2 consecutive quarters of a negative economic growth as measured by a country's GDP is a true statement about recession.
How is economic activity most commonly measured?
Economic activity is commonly measured as gross domestic product.
All measurements are made by merely comparing the object to be measured with a known object which is called the?
All measurements are made by merely comparing the object to be measured with a known object which is called the standard , or reference.
How is rice production measured in the U.S.?
Rice production is measured by the hundredweight (cwt). One cwt equals 100 pounds.
What is Stock Exchange index number and how is it measured?
Indicator divided by 100%
What is economically active?
Economic activity, is quite simply, the activity of the economy. It includes the growth and shrinkage of the economy and all factors that affect this (for example Aggregate Expenditure). It is commonly measured by the GDP (Gross Domestic Product) which is probably one of the most reliable economic indicator. Economic activity is the work that people do to enhance their quality of life. Economic activities include thing that people do to get, refine or use Natural Resources.
How is economic stability measured?
Economic stability is measured by the stability of output growth (coefficient of variation) and average inflation 10-year average.
Describe and analyze how economic stability is measured?
Economic stability is measured in two ways. First it can be measured by the coefficient of variation (stability of output growth) or secondly by the 10 year average for inflation.
How big is a carat of gold?
Carat is an indicator of weight; karat is an indicator of purity. Diamonds are measured in carats; gold is measured in karats. So, how big is a karat of gold? It can be as small as a molecule. There is no limit to how large a karat (purity) of gold can be.
What are the limitations of using per capita income as an indicator of economic welfare in an economy?
Using per capita income as an indicator of economic welfare shows the income for a "typical" person in an economy. This does not, however, show the full range of incomes. Some can be much higher and others can be significantly lower. It can also be argued that using a form of income to determine welfare isn't entirely accurate because the quality of life (though it generally has a positive correlation with income) is not only measured by money. It is also measured by happiness, leisure time, and other social aspects. Think of it this way: if Americans were to skip weekend breaks and continue production seven days a week, income would increase, but would that necessarily mean a better life?
How is shareholder wealth measured?
Shareholder wealth is determined by measuring the market value of the common stock holdings of the shareholders. More specifically, the price at which the stock in question trades in the marketplace.
Total indicated runout?
A measure of eccentricity of a shaft or bore usually measured by a dial indicator
