In what ways are national income statistics useful

Reference no: EM131244052

1. In what ways are national income statistics useful?

2. Explain why an economy's output, in essence, is also its income.

3. Why do economists include only final goods and services in measuring GDP for a particular year? Why don't they include the value of the stocks and bonds bought and sold? Why don't they include the value of the used furniture bought and sold?

Reference no: EM131244052

Questions Cloud

What if firms expected future returns to be very high : How does investment as defined by economists differ from investment as defined by the general public? What would happen to the amount of investment made today if firms expected the future returns to such investment to be very low? What if firms ex..

How leaders use the concepts of total quality management : Describe how leaders use the concepts of total quality management (TQM) and empowerment to involve their employees in the improvement of guest service.

Why are prices sticky : Why do some economists believe that better inventory control software may help to reduce the frequency and severity of recessions? Could differences in technology explain why recessions appear to be more frequent and more severe in poorer countrie..

What are some of the benefits and risks of outsourcing : What are some of the benefits and risks of outsourcing? How has outsourcing been used, or how could it be used, in your organization? What types of inventory are relevant to your organization?

In what ways are national income statistics useful : Why do economists include only final goods and services in measuring GDP for a particular year? Why don't they include the value of the stocks and bonds bought and sold? Why don't they include the value of the used furniture bought and sold?

Estimate of firm value and compare to stock price : Forecast future financial performance. Use the four valuation models outlined in class to produce an estimate of firm value, and compare to stock price. Perform sensitivity analysis and discuss the results

Should all employees be trained at once : In what format should the training be given, and why? What modalities will be used for employees on multiple shifts or in multiple locations? What are the core elements of the training that will align with the learning objectives?

Draw a venn diagram : Draw a Venn diagram and use the given information to fill in the number of elements in each region.

Describe the ways southwest airlines uses servant leadership : Describe the ways Southwest Airlines uses servant leadership. What did you learn about servant leadership from the video? In what ways will you apply servant leadership in your field?

User Account

All Pages