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GDP
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Which factor is the best indicator of a family that is below the poverty line?
The factor best smrturl.co/o/490137/53295977?s1=
How do economists measure a nation's standard of living?
Economists measure a nation's standard of living: by calculating GDP per person by calculating per capita income (the best indicator) by calculating average personal income.
What best explains the profit motive?
The profit motive of both individuals and businesses is based on the desire to increase their net wealth by engaging in a profitable business or financial transaction. The profit motive is best explained by understanding how profit can be the overriding motivation behind human activity and the impetus for economic progress and widespread wealth creation. The Wealth of Nations, written by economist Adam Smith in 1776, has achieved world renown fame for explaining how the profit motive is an integral necessity for building a nation's wealth. call me (501) 456-3483
What is the most important reason why two country's with the same GDP can have vastly different standards of living?
As with individuals, nations have different amounts of wealth, and even if the wealth is fairly distributed, there will and is considerable differences in the standards of living among the several hundred nations in the world. As mentioned, regarding fairness of distribution, the standards of living can be different based on non subjective reasons. A nation that is rich in natural resources and can export these as well as use them internally to their best advantage will help lift the standard of living. A nation with a sound economic system will also help its standard of living. Another factor is the education level of a nations citizens. Generally the higher the level the higher the standard of living. A politically stable nation is best for a sound economy. Nations in the midst of civil strife and civil wars hurts its economy and helps lower its standard of living.
What economic goal does a society consider when deciding the best way to distribute its wealth?
There are various economic goals that a security will consider when deciding the best way to distribute its wealth. The main consideration is equality and ensuring that all parties get a fair share.
What of these forms can be the best indicators of wealth be shown?
The best indicator of wealth is typically determined by how a person carries themselves. A wealthy person will generally walk with confidence.
Which factor is the best indicator of a family that is below the poverty line?
The factor best smrturl.co/o/490137/53295977?s1=
Why is universal indicator the best indicator the best indicator for jasmine to use in an experiment?
Jjjjj
tell the true federal and irs?
why the best business i ever done. if i control the nation wealth i care not sense of law.
How do economists measure a nation's standard of living?
Economists measure a nation's standard of living: by calculating GDP per person by calculating per capita income (the best indicator) by calculating average personal income.
Do economists measure a nation's standard of living?
Economists measure a nation's standard of living: by calculating GDP per person by calculating per capita income (the best indicator) by calculating average personal income.
What is the best indicator of current weather?
The best indicator for current weather is a barometer because it tells you if there is rain or if it is sunny.
What is the best olfactory indicator?
onion
What is the best indicator in geography?
north
Which indicator is best with heikin ashi?
Stochs
Which chemical is the best indicator that the substance is a plant?
Cellulose cell wall is the best indicator of plant based substance.
Why is the standard of the living different in different countries?
As with individuals, nations have different amounts of wealth, and even if the wealth is fairly distributed, there will and is considerable differences in the standards of living among the several hundred nations in the world. As mentioned, regarding fairness of distribution, the standards of living can be different based on non subjective reasons. A nation that is rich in Natural Resources and can export these as well as use them internally to their best advantage will help lift the standard of living. A nation with a sound economic system will also help its standard of living. Another factor is the education level of a nations citizens. Generally the higher the level the higher the standard of living. A politically stable nation is best for a sound economy. Nations in the midst of civil strife and civil wars hurts its economy and helps lower its standard of living.
