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A cosmetic company purchased an automatic wrapping machine that wraps a pallet of boxes in 30 seconds. To complete the same task manually, it would take an employee almost 3 minutes. This would be useful for which measurement of economic activities?
Investment Activities
Wednesday Morning
Labor Activities
Prosperity
GDP per capita
GDP
Recession
GDP
Mary is proud of saving over $43,000 in a bank. She knows that her saving money at the bank will provide funds for others to borrow money. This information would be useful for which measurement of economic activities?
Investment Activities
Wednesday Morning
Labor Activities
Prosperity
GDP per capita
GDP
Recession
GDP
When is your final for this class?
Investment Activities
Wednesday Morning
Labor Activities
Prosperity
GDP per capita
GDP
Recession
GDP
If an economist researches annually the total value of homes built, this information would be useful for which measurement of
Investment Activities
Wednesday Morning
Labor Activities
Prosperity
GDP per capita
GDP
Recession
GDP
A report covering several quarters about the economy includes that more companies are experiencing record high production and adding new employees. Also, wages and the rate of GDP are increasing significantly. Which phase of the business cycle does
Investment Activities
Wednesday Morning
Labor Activities
Prosperity
GDP per capita
GDP
Recession
GDP
In a hypothetical economy, only 40 people were included and 15 pizzas were produced last year at $7 dollars each. This information would be useful for which measurement of economic activities?
Investment Activities
Wednesday Morning
Labor Activities
Prosperity
GDP per capita
GDP
Recession
GDP
When a government agency reports annually the total amount spent to pay employees, this information is useful for which measurement of economic activities?
Investment Activities
Wednesday Morning
Labor Activities
Prosperity
GDP per capita
GDP
Recession
GDP
A report covering four quarters about the economy includes that more companies are experiencing less production and reducing the number of employees. Which phase of the business cycle does this report describe?
Investment Activities
Wednesday Morning
Labor Activities
Prosperity
GDP per capita
GDP
Recession
GDP
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