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
jonny [76]
1 year ago
12

Nominal gdp is a good snapshot of the current value of production in an economy but it cannot be used to make comparisons over t

ime because:________
Business
1 answer:
shepuryov [24]1 year ago
4 0

Nominal GDP is a good snapshot of the current value of production in an economy but it cannot be used to make comparisons over time because prices change.

Nominal GDP is an indicator used to understand a country's economy. It measures the current value of production of a country. But it cannot be considered as a good measure. One important drawback of Nominal GDP is that it cannot be used to make comparisons of production prices over time because it doesn't take inflation into account.

Nominal GDP works only with current prices and the price changes will not be seen when calculated through years.

So Real GDP is considered for comparisons of product prices over time.

Learn more about Nominal GDP at brainly.com/question/8151973

#SPJ4

You might be interested in
The __________ rate tells you how much one unit of currency is worth when converted to another currency.
marissa [1.9K]

Answer:

the answer is A. exchange

hope this helps

5 0
3 years ago
The company currently markets McDog T-bone, Lapdog Lunchtreats, Rover's Potroast, and Puppy Porterhouse in the dog food market.
olasank [31]

Answer:

company's product line in the dog food market

Explanation:

In the description provided, it can be said that Prime Cuts will be an addition to the company's product line in the dog food market. A product line is a group of related products all marketed under a single brand name and are sold by the same company to the same targeted group of consumers. Such as in this scenario, all of the products listed are dog treats/food with different ingredients and are all sold by the same company to people looking for dog food.

4 0
3 years ago
you are a consultant to a firm evaluating an expansion of its current business. The cash flow forecasts (in millions of dollar)
timama [110]

Question

you are a consultant to a firm evaluating an expansion of its current business. The cash flow forecasts (in millions of dollar) for the project as follows:

Year     cashflow

0           -100

1-10            15

0n the basis of the behavior of the firm's stock, you believe that the beta of the firm is 1.30. Assuming that the rate of return available on risk-free investments is 5% and that the expected rate of return on the market portfolio is 15% what is the net present value of the project

Answer:

NPV= -$32.58

Explanation:

The net present value of the investment is the cash inflow from the investment discounted at required rate of return. The required rate of return can be determined using the the formula below:

Ke= Rf +β(Rm-Rf)  

Ke =? , Rf- 5%,, Rm-15%, β- 1.30

Ke=5% + 1.30× (15-5)=  18%

The NPV = Present value of cash inflow - initial cost

 =  A×(1-(1+r)^(-10)/r  - initial cost

A- 15, r-18%

NPV = 15× (1-1.18^(-10)/0.18 - 100= -32.58

NPV = -$32.58

5 0
3 years ago
A local theatre group wants to increase the membership and attendance at its performances. To do​ so, it hosts free​ shows,
Irina-Kira [14]

Answer:

E) Market Exchange

Explanation:

Market exchange refers to at least two people or firms trading one good or service for another. In this case, the theater group is trading a free show and other promotional activities (standup comedy nights, and volunteer work) in exchange for higher membership to their group or higher attendance to their shows.

A trade does not necessarily imply a money exchange, it can also include goods or services that provide utility for the other party. For example, an increase in group membership will help the theater group perform better.  

5 0
3 years ago
T. Dole invests cash and land into an existing partnership. The cash invested is $30,000 and the land has a fair market value of
bekas [8.4K]

The journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $90,000.

<h3>What journal entries?</h3>
  • A journal entry is an act of keeping or producing records of any economic or non-economic transaction.
  • An accounting journal, which shows a company's debit and credit balances, records transactions.
  • The journal entry can be made up of multiple records, each of which is either a debit or a credit.
  • Otherwise, the journal entry is termed unbalanced if the sum of the debits does not equal the total of the credits.

So, the journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of cash invested, and the fair market value.

30,000 + 60,000 = $90,000

Therefore, the journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $90,000.

Know more about journal entries here:

brainly.com/question/14279491

#SPJ4

The complete question:

T. Dole invests cash and land into an existing partnership. The cash invested is $30,000 and the land has a fair market value of $60,000. The journal entry to reflect this transaction would include a credit to T. Dole, Capital in the amount of $ ______.

7 0
1 year ago
Other questions:
  • On January 1, 2018, Moonbucks, Inc., received $79,380 and agreed to pay $100,000 in 3 years on December 31, 2020. The market rat
    10·1 answer
  • When his supervisor approached him about his quality issues, Joe replied that lately he has been having a string of bad luck. In
    7·1 answer
  • Spaceley’s Sprockets has just developed a new product. George Jetson, the Head of Product Development, feels that the product is
    14·1 answer
  • The trend line estimates that the price was $432 in November 2007 and $80 in September 2011. (That is an interval of 46 months.)
    10·1 answer
  • What is a box braid
    15·1 answer
  • 1. Imagine this scenario: On Thursday, after your computer breaks, you order a new computer from Amazon to be delivered on Frida
    10·1 answer
  • In its most recent financial statements, Del-Castillo Inc. reported $55 million of net income and $840 million of retained earni
    7·1 answer
  • Explain how opportunity cost is different for economic goods and free goods
    15·1 answer
  • Ursa Major Solar uses Opportunity to track sales of solar energy products. The company has two separate sales teams that focus o
    8·1 answer
  • Which action is an example of a consumer making a purchase through a direct marketing arrangement?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!