Answer:
b. Prices fell by at least by approximately 5%.
Explanation:
we know that nominal GDP(Gross Domestic Product) is when a basket of goods and services price is calculated per basket without adjusting to inflation but on Real GDP it is adjusted to inflation therefore we will see that if Real GDP decreases this will mean a negative GDP deflator that will be negative which will tell us that the prices in this economy for a basket of goods and services decreased during that year cause deflation was seen with a decrease in Real GDP.
Answer: 30.1%
Explanation:
The unemployment rate includes those who do not have employment but are actively looking for employment not those who do not have a job and are not looking.
The rate is also based on the Labor force which is the portion of the population that is <u>able</u> and <u>willing</u> to work. Retirees are not included in this measure. Those who are not looking are not willing.
Labor Force = 50 full-time + 15 part-time + 28 unemployed
= 93 people
Unemployment rate:
= 28 / 93 * 100
= 30.1%
I think we ignore taxes like sales and property and fund things we really like because if money is put into places that consumers are going to spend money, the government ends up making more long term. Although, the money is then sometimes spent where people don't always agree, it still allows for more money to be generated overtime.
Answer:
B. Liquidation.
Explanation:
Liquidation is and aftermath of the inability of a company or establishment to meet up with her obligations at the required moment. Thus, the company folds-up, lay off her staff and stop operating. While reorganization is a form of restructuring in a company or establishment. It may involve change of positions and duties among capable staff.
The example in the given scenario is that of liquidation because it ceased from operation.
Answer:
a. Comparing individual financial statement line items over time.
Explanation:
Horizontal analysis of financial statements involves comparing financial information contained in the current period with the historical records of the same company to identify trends. The main objective is to identify if the ratios have been increasing, decreasing or fluctuating a lot. This is useful in analyzing and making decisions whether a company should make a major change in one area or another.
