Total household consumption component of the gdp

Assignment Help Business Management
Reference no: EM131174001

The Genuine Progress Indicator (GPI) intends to expand the accuracy and utility of the GDP by adapting its methodology to discount the value of some expenditures, and by adapting its content to include items such as unpaid household and volunteer labour, leisure time, and environmental degradation.

The GPI's gains in accuracy are paid for by a significantly increased complexity. The formula begins with the total household consumption component of the GDP (roughly 60% of its total value), and moves it through a series of adjustments as follows

Reference no: EM131174001

Questions Cloud

The impact of entitlements like social security and medicare : Regarding our nation’s debt situation and the impact of entitlements like Social Security and Medicare, consider our Saint Leo core values of responsible stewardship and community. What responsibility do we have as a society to help the elderly and d..
How many of us learn about george washington chopping down : How many of us learned about George Washington chopping down a cherry tree, and his being unable to lie about it? It is possible that some of these stories have remained fixed in our culture because they produce good citizens.
Evaluative criteria for national economic performance : Building on our critiques of using GDP as the dominant evaluative criteria for national economic performance, I would like you to:
Why is the multiplier for contractionary fiscal policy : Why is the multiplier for contractionary fiscal policy smaller in an open? economy?
Total household consumption component of the gdp : The GPI's gains in accuracy are paid for by a significantly increased complexity. The formula begins with the total household consumption component of the GDP (roughly 60% of its total value), and moves it through a series of adjustments as follow..
Anonymous market relations : GDP increases when convivial reciprocity is replaced by anonymous market relations and when rising crime, pollution, catastrophes, or health hazards trigger defensive or repair expenditures. (Fleurbaey, 2009)
Recognized types of risk control measures : Provide a memorandum detailing in-depth assessment of one of each of the four recognized types of risk control measures.
What would be an appropriate null hypothesis : What are the degrees of freedom for 1) gender, 2) marital status, 3) interaction between gender and marital status, and 4) error or within variance?
The four parts of the christian biblical narrative : What do the four parts of the Christian Biblical Narrative say about the nature of God and of reality in relation to the reality of sickness and disease?

Reviews

Write a Review

Business Management Questions & Answers

  Sexual freedom and ogburns social change

Sexual freedom and Ogburn's Social Change and explain the social change you have selected.

  Explaining teambuilding-engagement and management

Definition of Competencies: Coaching, Mentoring & Developing Talent and Teambuilding, Engagement & Management.

  A marketer has to understand the process a consumer goes

A marketer has to understand the process a consumer goes though when making a purchase decision. Since products or services have to be personalised to fit this process

  What is the breakeven point in sales dollars

Tanaka Company has fixed costs of $14,000. Their contribution margin ratio is 40% and ratio of selling expenses to sales is 20%. What is the breakeven point in sales dollars?

  Explain why are not actual overhead costs traced to jobs

explain why aren't actual overhead costs traced to jobs just as direct materials and direct labour costs are traced to jobs?

  Explain rules for high performance organizations

What do you think should be added to the list of "Rules for High Performance Organizations" below? Is there anything on the list that you disagree with?

  Change from the time you first craft

Why do you think your thesis might change from the time you first craft it until your final essay is due? By the way, it's perfectly okay if you thesis does NOT change.

  Explain the roles of trigger strategies

Explain cooperative ( collusive) outcomes as a Nash equilibrium in a repeated game, and explain the roles of trigger strategies, the interest rate, and the presence of an indefinite or uncertain final period in achieving such outcomes.

  Whar are your alternatoves

Whar are your alternatoves, and what are the consequences of each - easier to resolve the dilema.

  Explain what is the net present value

Explain What is the Net Present Value of this project at the end of year and Annual discount rate is

  Discuss the financial statement forecasting process

Assume you are a applicant in the biweekly meeting with the finance section and you have been asked to lead discussion on the role that forecasting should play at Strident Marks.

  Explain data relating to the area and analyze consumption

Collect secondary data relating to the area and analyze consumption trends over the past five years. Decide on the outline of the report and its various sections.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd