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Lelu [443]
2 years ago
8

Adding the market value of all final and intermediate goods and services in an economy in a given year would result in?

Business
1 answer:
Anestetic [448]2 years ago
4 0

When the market value of all final and intermediate goods and services in an economy are added up in a given year, this would lead to <u>Double Counting. </u>

<h3>What is double counting?</h3>

Double counting is a problem in Gross Domestic Product calculation where intermediate goods are added to final goods to determine the country's productivity.

Adding intermediate goods is a faux pass because the value of intermediate goods are included in the final goods and services price so there is no need to add them again.

If they are added, then the value of the intermediate goods would have been counted twice or double. This is where double counting comes from.

For instance, when making bread, flour is an intermediate good. The bread already includes the cost of this flour so adding the cost of the flour would mean inflating the true cost of the bread.

In conclusion, this is double counting.

Find out more on double counting at brainly.com/question/1112587

#SPJ1

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Suppose you have a machine which executes a program consisting of 60% floating point multiply, 20% floating point divide, and th
Aliun [14]

Answer:

Given that Program instructions consists of:

  • 60% floating point multiply
  • 20% floating point divide
  • 20% other instructions

Amdahl's law states that:

Execution time affected by improvement = (Execution time after improvement/ Amount of improvement) + (Execution time unaffected)

Assuming initially that floating point multiply, divide and other instructions have same clocks per instruction (CPI).

Part (a)

New execution time after improvement with multiply = (60) / 8 + (20 + 20) = 47.5

New execution time after improvement with Divide = (20) / 3 + (60 + 20) = 86.67

New system should be 4x faster which means new execution time should be below = 100/ 4 = 25.

Therefore, Management's goal can NOT be achieved by making the improvement with multiply or divide alone.

Part (b)

New execution time after improvement with multiply and divide = (60 / 8) + (20 / 3) + 20 = 34.17

Speed up = execution time of original machine / Execution time of new machine = (100 / 34.17) = 2.93

Therefore, new machine is 2.93 times faster than original machine.

4 0
3 years ago
In the context of Herzberg's two-factor theory, ____________ are characteristics of the workplace, such as company policies, wor
Anettt [7]

Answer:

THE CORRECT OPTION IS a) hygiene factors

Explanation:

The two factor theory which was developed by Frederick Herzberg , consists of two factors on which a person's job satisfaction depends upon , one is motivation which consists of factors for satisfaction and other one hygiene , which consists of factors for dissatisfaction.

According to the question given , hygiene factors are the ones that can make people dissatisfied. This includes secondary working conditions, salary etc, every company should try to improve their hygiene factors to reduce the job dissatisfaction.

6 0
3 years ago
You work for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their products
ZanzabumX [31]

Answer:

See explanation below

Explanation:

Here, when the price of guppy gummies increases by 5%, the quantity of raskels sold decreases by 4% and the quantity of cannes sold increases by 5%.

i.e, % change in price of guppy grummies = 5%

% change in quantity of raskels = -4%

% change in quantity of cannes = 5%

i) Find the Cross price elasticity of demand between guppy grummies and raskels. Use the expression below.

% change in quantity demanded of raskels / % change in price of guppy gummies

= -4% / 5%

= -0.8

Substitute goods have a negative cross price elasticity of demand. Since, the cross price elasticity of demamd here is negative, the goods are substitute.

It is recommended not to advertise raskels with guppy grummies

ii) Find the Cross price elasticity of demand between guppy grummies and cannes. Use the expression below.

% change in quantity demanded of cannes / % change in price of guppy gummies

= 5% / 5%

= 1

Complement goods have a positive cross price elasticity of demand. Since, the cross price elasticity of demamd here is positive, the goods complement each other.

It is recommended to advertise cannes with guppy grummies.

5 0
3 years ago
Before Pepsi-Cola stamped freshness dates on its cans, few consumers considered cola freshness an issue. After Pepsi spent about
Vilka [71]

Below are the complete options:

changing beliefs about the extent to which a brand has certain attributes

encouraging the consumer to use stimulus generalization

adding new attributes to the product

encouraging the consumer to use stimulus discrimination

changing the importance of attributes

Answer:

changing the importance of attributes

Explanation:

Freshness dates shows for how long a drink can be considered to not have expired. For example Pepsi can be considered to give freshness from 6-9 months after the date printed on the bottle.

Pepsi spent about $25 million on advertising and promotion related to freshness dates. Initially freshness dates were only seen as important by a few people.

This resulted in 61 percent of cola drinkers now thinking it is important.

This exemplifies how importance of a product's attribute can be changed

6 0
3 years ago
Cutler Petroleum, Inc., is trying to evaluate a generation project with the following cash flows:Year Cash Flow0 –$ 39,800,000 1
muminat

Answer:

The two IRRs are: - 76.49% and 36.79%

Explanation:

To simplify our "Hard work", let's denote the cash flow numbers in terms of '000 (To reduce the number of zeros).

IRR is that discount rate R, for which NPV = 0

NPV is the sum of discounted cash inflows and outflows. Therefore,

NPV ($'000) = - 39,800 + (63,800 / (1 + R) - [12,800 / (1 + R)2]

When NPV = 0 [If R is the IRR],

0 = - 39,800 + [(63,800 / (1 + R)] - [12,800 / (1 + R)2]

[12,800 / (1 + R)2] - [(63,800 / (1 + R)] + 39,800 = 0

To simplify further, let's put N = 1 + R. Also, let's divide both sides by 200 [Note: We're only doing arithmetical simplification to reduce the large numbers]]:

[64 / (N)2] - (319 / N) + 199 = 0

Multiplying all terms by (N2):

64 - 319N + 199 (N)2 = 0

that is,

199 (N)2 - 319N + 64 = 0

This is a quadratic equation with large coefficients. Solving quadratic equation is outside scope of this question (it belongs to Algebra), so I've used an Online Quadratic equation solver**, which returns following values of N:

N = 1.3679, and N = 0.2351

So:

1 + R = 1.3679, Or 1 + R = 0.2351

R = (1.3679 - 1) or R = (0.2351 - 1)

R = 0.3679 or R = - 0.7649

The two IRRs are: - 76.49% and 36.79%

4 0
3 years ago
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