1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Deffense [45]
2 years ago
15

The nominal value of any economic statistic refers to the number that is actually announced at that time, while the ____________

____ refers to the statistic after it has been adjusted for inflation.
Business
1 answer:
Julli [10]2 years ago
5 0

The nominal value takes into account the number that is actually announced at a time, while the <u>real value </u>refers to the statistic after it has been adjusted for inflation.

<h3>What do you mean by real value in economics?</h3>

A real value of an item, additionally referred to as its relative price, is its nominal price adjusted for inflation and measures that price in phrases of every other item.

Real values are extra vital than nominal values for monetary measures, along with the gross domestic product (GDP) and private incomes.

Thus, <u>Real value </u>refers to the statistic after it has been adjusted for inflation.

Learn more about Real Value in economics here:

brainly.com/question/14313574

#SPJ4

You might be interested in
Four investment bankers need to cross a bridge at night to get to a meeting. They have only one flashlight and 17 minutes to get
RideAnS [48]

Answer:

Correct Answer:

The correct sequence of crossing include:

<em>First, the Analyst takes the flashlight and crosses the bridge with the Associate. This takes 2 minutes. </em>The Analyst then returns across the bridge with the flashlight taking 1 more minute (3 minutes passed so far). The Analyst gives the flashlight to the VP and the VP and MD cross together taking 10 minutes (13 minutes passed so far).

The VP gives the flashlight to the Associate, who recrosses the bridge taking 2 minutes (15 minutes passed so far). The Analyst and Associate now cross the bridge together taking 2 more minutes.<em> Now, all are across the bridge at the meeting in exactly 17 minutes.</em>

<em></em>

Explanation:

The above is the only logical way through which all of them could be able to cross the bridge while still arriving to the meeting at/on the exact time.

6 0
2 years ago
Night Shades Inc. (NSI) manufactures biotech sunglasses. The variable materials cost is $18.50 per unit, and the variable labor
Pavel [41]

Answer:

a. $25.50

b. $9,725,000

c. Cash = 8,888.89 units

   Accounting = 35,555.56 units

Explanation:

a. Variable cost per unit = material cost + labor cost = $18.50 + $7.00 = $25.50

b. Total cost = Fixed + Variable

Variable = $25.50 \times 350,000 = $8,925,000

Fixed = $800,000

Total = $800,000 + $8,925,000 = $9,725,000.00

c. Cash break even point = (Fixed cost - Depreciation)/Contribution per unit

Fixed cost = $800,000

Depreciation = $600,000

Contribution per unit = $48 (Selling price) - $25.50 (Variable cost) = $22.5

Cash Break even point = ($800,000 - $600,000)/$22.5 = 8,888.89 units

Accounting Break Even Point = Total fixed cost/ Contribution per unit

=$800,000/$22.5 = 35,555.56 units

Final Answer

a. $25.50

b. $9,725,000

c. Cash = 8,888.89 units

   Accounting = 35,555.56 units

5 0
2 years ago
Which of the following securities could NOT have any benefits for diversification with your investment portfolio? a.Treasury bil
Lesechka [4]

Answer:

d.All of these choices would reduce risk for your portfolio and therefore show at least some benefit to diversification

Explanation:

Which of the following securities could NOT have any benefits for diversification with your investment portfolio? All of these choices would reduce risk for your portfolio and therefore show at least some benefit to diversification

4 0
3 years ago
ILL GIVE BRAINLIEST!! HELP ASAP!!
WARRIOR [948]

Answer: B

Explanation: I am pretty sure the answer is going to B, accounting is a profession that requires a lot of math

4 0
2 years ago
Henry is an economist and wants to understand the relationship between inflation and consumer spending habits. For his research,
alexandr402 [8]

Answer:

2014 CPI= 101.5

2013 CPI= 100.8333333

2014 Inflation Rate= 0.66%

Explanation:

Consumer Price Index (CPI):

The index is calculated by taking the price of the basket in one year and dividing it by the price of the basket in another year. This ratio is then multiplied by 100.

Basket Price:

is the sum of the product of the quantitys and prices of the goods thata compose the basket for any given year.

Inflation Rate:

CPI (x+1) - CPI (x)

_____________

CPI (x)

5 0
3 years ago
Other questions:
  • What is the last step in creating a distribution plan?
    15·1 answer
  • Can someone please help me'/??? PLZZ
    11·1 answer
  • Discuss how SAS has been successful in cultivating and enhancing employees skills. In what ways are SAS’s organizational approac
    11·1 answer
  • Total depreciation expense over an asset's useful life will be identical under all methods of
    10·1 answer
  • Jan. 1 Purchased 5,500 shares of its own stock at $20 cash per share. Jan. 5 Directors declared a $2 per share cash dividend pay
    15·1 answer
  • Suppose there is currently a tax of $50 per ticket on airline tickets. Buyers of airline tickets are required to pay the tax to
    12·1 answer
  • Graphically illustrate (using the WS and PS relations) and explain the effects of an increase in the markup on the equilibrium r
    12·1 answer
  • Marvin received Form 1099-C reporting canceled credit debt of $7,000. His total liabilities immediately before the cancellation
    15·2 answers
  • Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $300 and has a unit cont
    11·1 answer
  • If you use a credit card what are you creating
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!