Indian anti-hunger activist Ankit Kawatra has honoured with the 2017 Queen’s Young Leaders award for his exceptional work in transforming the lives of others. Kawatra is among the 60 others from all 53 Commonwealth countries to be felicitated with the prestigious award by Queen Elizabeth (II) at a ceremony in Buckingham Palace in London on June 29, 2017. The honourees will also undergo a year-long mentoring and online learning by the University of Cambridge to build leadership capabilities and better their work towards the communities. He is the founder of Feeding India, a not-for profit organization that works towards solving problems of hunger, malnutrition and food wastage, mainly by redistributing extra food from restaurants, canteens, households, corporates etc. to help people in need.
A) Consumption, investment, government purchases, and net exports
B) Consumption, investment, government spending, and imports
C) Consumption, investment, government purchases, and imports
D) Consumption, investment, wages, and rent
A) Consumption, investment, government purchases, and net exports
B) Consumption, investment, government spending, and imports
C) Consumption, investment, government purchases, and imports
D) Consumption, investment, wages, and rent
Answer & ExplanationAnswer: A) Consumption, investment, government purchases, and net exports
Explanation:
Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.
Simply, GDP is a broad measurement of a nation’s overall economic activity.
It is calculated by summation of Consumption, investment, government purchases, and net exports.
On a systems development project, Richard needs two programmers. He knows John and Smith were able to create a program in 40 days similar to the one he wants to create on his project. He decides to use 40 days as his estimate. This is an example of what type of estimating?
Richard is using an estimate based on a project very similar to to his own with staff he will be using. Answer A is incorrect because perametric modeling involves using a mathematical model to predict costs, such as dollars per line of code. Answer C is incorrect, although close; if the development project is a common item, such as putting down new flooring, a rule -of-thumb measurement can be used, although it is less accurate. Answer D is incorrect because it is not a form of estimating, but a type of pricing.