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What Economists use per capital GDP to measure and compare nations relative?
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∙ 6y ago
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Economists use per capita GDP to measure and compare nations' relative?
It's Wealth :P NovaNet sucks....haha
How do economists sometimes measure physical capital?
the number of telephones it has in relation to its population.
How do economists sometimes measure human capital in an economy?
Economists cannot measure human capital as such because it refers to the stock of knowledge and skills, embodied in the ability to perform labour. However they measure the labour force by looking at the amount of people able to work between the ages of 18-65, and they can also look at the qualifications that these people hold, so they may be able to make a rough analysis of human capital, measured upon the number people in the labour force and comparing this to the level of education they have received.
How do economists measure consuption?
on a historical basis
How do economists measure the consumption of a good?
the amount of a good that is bought
Economists use per capita GDP to measure and compare nations' relative?
It's Wealth :P NovaNet sucks....haha
How do economists sometimes measure physical capital?
the number of telephones it has in relation to its population.
How do economists sometimes measure human capital in an economy?
Economists cannot measure human capital as such because it refers to the stock of knowledge and skills, embodied in the ability to perform labour. However they measure the labour force by looking at the amount of people able to work between the ages of 18-65, and they can also look at the qualifications that these people hold, so they may be able to make a rough analysis of human capital, measured upon the number people in the labour force and comparing this to the level of education they have received.
How do economists measure consuption?
on a historical basis
How capital structure represented?
Capital structure is represented by the types of sources of capital funds invested in the business. A common measure of sources is the percentage of debt relative to equity that appears on a company's balance sheet.
How do economists measure the consumption of a good?
the amount of a good that is bought
Which statistic do economists use to measure the business cycle?
price indicator
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.
Why do economists measure the cost of things when opportunity cost is what you actually are considering we when decide whether or not to purchase something?
it is easier for economists to measure "cost" than "opportunity cost"(because people's tastes are different and changeable)
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.
0.142 Hector equal to how many yards?
Hectar is a measure of area, not of length. You can't compare that.Hectar is a measure of area, not of length. You can't compare that.Hectar is a measure of area, not of length. You can't compare that.Hectar is a measure of area, not of length. You can't compare that.
What is debit to equity ratio?
Debt to equity ratio is a measurement criteria to measure how much debt is used in business as compare to owner's capital to finance the business.
