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2 years ago

How is it possible for nominal GDP to rise but real GDP to fall from one year to the next?

1 answer:

6 0

Yes, the given statement can be marked as true as it would indicate a larger rise in prices relative to a decrease in output.

<h3>Why would Nominal GDP increase but real GDP decrease?</h3>

When nominal GDP increases and it is higher than real GDP, then it shows that inflation is occurring but when real GDP is higher than nominal, then it means deflation is occurring.

In an economy with a high inflation, it will experience an increase in nominal GDP no matter if the real amount of goods and services produced decreases.

The GDP deflator measures the the overall change in prices in an economy, by using the ratio between real and nominal GDP.

Learn more about the real and nominal GDP here:-

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Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have authority to make investments as neede

pantera1 [17]

Answer:

34.04%

Explanation:

Data provided :

Total sales of the Springfield Club = $ 920,000

The net operating income of the company = $ 34,040

The average operating assets of the company = $ 100,000

now,

The return on investment will be calculated as:

Return on investment (ROI)= $\frac{\textup{Net operating income}}{\textup{Average operating assets}}$

on substituting the values, we get

ROI = $\frac{\$\ 34,040}{\$\ 100,000}$

ROI = 34.04%

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3 years ago

Bethany Jones is a real estate agent who specializes in the luxury home market in the Orlando, FL, area. Bethany is highly techn

UkoKoshka [18]

Answer:

a Banner Ad

Explanation:

The type of marketing technique that Bethany is using is known as a Banner Ad. This is one of many types of ads that can be found on websites. Banner Ads are usually located at the top of the website and are shaped as long rectangles. They are also the most popular type of website ads since they are the biggest and most upfront, meaning that it is usually the first thing that visitors to the site see. This ultimately leads to the largest possible number of viewers of the ads, which in term translates to a high click through rate.

5 0

3 years ago

g Knowledge Check 03 Vineyard Corporation, a manufacturer of fine wines, began the year with 20,000 bottles in inventory. The co

OlgaM077 [116]

Answer:

195,000 bottles

Explanation:

Given that,

Beginning inventory = 20,000 bottles

Budgeted sales for the four quarters:

Quarter 1 = 200,000 bottles

Quarter 2 = 150,000 bottles

Quarter 3 = 250,000 bottles

Quarter 4 = 400,000 bottles

Ending inventory = 10% of the subsequent quarter's sales

Production:

= Ending inventory + Sales - Beginning inventory

= (150,000 × 10) + 200,000 - 20,000

= 195,000 bottles

Therefore, the production needs for the first quarter is 195,000 bottles.

6 0

3 years ago

Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated

Verizon [17]

Answer:

OAR per Machine Set-ups = $60

OAR per Machining = $15

OAR per Inspection = $50

Explanation:

Overhead Absorption Rate (OAR) = Estimated Overhead Costs/ Cost drivers

OAR per Machine Set-ups = $150,000/2,500

= $60 per set-up

OAR per Machining = $375,000/25,000

=$ 15 per machine hr

OAR per Inspection = $87,500/1,750

=$50 per inspection

7 0

3 years ago

The narrator spends his days...

bekas [8.4K]

Answer:on edge

Explanation:

What did Juliet do? She sent the nurse to speak with Romeo

What did the nurse do? She agreed to the quest

What motivated Juliet to make this request? Her desire to marry Romeo

What motivated the nurse to go on this quest? She cares about Juliet's happiness

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3 years ago