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What else can I help you with?
When you increase human capital does it increase or decrease productivity?
if employees perform well, the GDP increases
Is it possible for GDP to increase but the standard of living to decrease?
It is. Think of it this way. If, for sudden reason, Bill Gate moves to Zimbabwe and applies for a Zimbabwe passport, he will increase the GDP of Zimbabwe. However, the standard of living for Zimbabwean may still decrease and still has a high GDP (thanks to Bill Gate's money)
Umeployement increase when real GDP increases or real GDP decreases or output increases?
Unemployment causes GDP to decrease. GDP means gross domestic product. If there are no employees to create a product, the GDP goes down.
If a some level of GDP the economy is experiencing an unintended decrease in inventories?
domestic output will increase
What change is definitely predicted to lower Real GDP in the short run?
A decrease in aggregate demand, an increase in the reserve requirement, an increase in the discount rate, increase in interest rates, a decrease in government spending.
Can an increase in population growth affect GDP over time?
Yes
When you increase human capital does it increase or decrease productivity?
if employees perform well, the GDP increases
Is it possible for GDP to increase but the standard of living to decrease?
It is. Think of it this way. If, for sudden reason, Bill Gate moves to Zimbabwe and applies for a Zimbabwe passport, he will increase the GDP of Zimbabwe. However, the standard of living for Zimbabwean may still decrease and still has a high GDP (thanks to Bill Gate's money)
Umeployement increase when real GDP increases or real GDP decreases or output increases?
Unemployment causes GDP to decrease. GDP means gross domestic product. If there are no employees to create a product, the GDP goes down.
If a some level of GDP the economy is experiencing an unintended decrease in inventories?
domestic output will increase
What change is definitely predicted to lower Real GDP in the short run?
A decrease in aggregate demand, an increase in the reserve requirement, an increase in the discount rate, increase in interest rates, a decrease in government spending.
What's the difference between a recession and inflation?
A recession is a period of economic decline marked by a decrease in economic activity, such as a drop in GDP and rising unemployment. Inflation, on the other hand, is the general increase in prices of goods and services over time, leading to a decrease in the purchasing power of money.
What impact will a negative demand shock have on the main measures of economic performance?
REal GDP will increase , inflation will increase, and unemployment will decrease
When there are sustained increases in real GDP over time we say that the economy is undergoing?
Economic growth. Since that is basically the definition of a growing economy, steady increase in GDP
Is Rent received on a two-bedroom apartment considered to be GDP?
Any increase or decrease inÊa persons income is included on the GDP. The rent on a two-bedroom apartment is an increase in income and would be included.
What are the problems of measuring GDP?
gdp to grow over time
How do you find the increase in GDP per capita GDP?
To find the increase in GDP per capita, you first need to calculate the GDP per capita for two different time periods. This is done by dividing the GDP by the population for each period. Then, subtract the earlier GDP per capita from the later one to determine the increase. Finally, you can express this increase as a percentage by dividing the increase by the earlier GDP per capita and multiplying by 100.
