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Anna35 [415]
3 years ago
10

Suppose 2009 is the base year. from 2009 to 2010, the price index increases from 100 to 102.5. if nominal gross domestic product

(gdp) is $2,800 in 2010, then the real gross domestic product (gdp) in 2010 is
Business
1 answer:
Katen [24]3 years ago
4 0
<span>We know that the price index has increased from 100 to 102.5 . Then we have that the GDP deflator is 102.5 . Then the real gross domestic product is equal to the nominal gross domestic product divided by the GDP deflator. Then we have that the real gross domestic product is equal to $2,800 / 102.5 = 27.317</span>
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Determine the missing amounts. (Round answers to 0 decimal places, e.g. 1,225.) Unit Selling Price Unit Variable Costs Unit Cont
natali 33 [55]

Answer:

Unit Selling Price     Unit Variable Costs    Unit Contribution  Margin Contribution Margin Ratio

1. $570 $420    

Unit Contribution  Margin= Unit Sales Price Less  Unit Variable Price =

$ 570- $ 450 = $150 (a)

Contribution Margin Ratio = Contribution Margin/ Sales = 150/570* 100= 26 % (b)

2. $490      $490 -$130= $360 (c) $130        ($ 130/ $490)* 100= 27 % (d)

3. $23000 (e) $22540 (f) $460 2

Unit Contribution  Margin $460

Contribution Margin Ratio  2

Contribution Margin Ratio= Unit Contribution  Margin/Sales=  $460/ Sales  =2 %

$460/ Sales  =2 %

Sales = $ 460/2%= $ 23000

Sales - Unit Contribution  Margin = $ 460

Unit Contribution  Margin= Sales- $460 = $ 23000- $ 460= $ 22540

4 0
3 years ago
What is 9 and 5/6 minus 3 and 3/6​
lawyer [7]

Answer:

9\frac{5}{6} - 3\frac{3}{6} = \frac{38}{6}

Explanation:

Since this is an example of mixed whole numbers and fractions, this are mixed fractions.

Since the denominator is the same (6), we are just going to create a proper fraction out of these mixed fractions by multiplying the denominator with the whole number and adding the numerator. Then, the result becomes the new numerator, while the denominator remains the same.

Therefore, we have:

9\frac{5}{6}  = \frac{59}{6}

3\frac{3}{6} = \frac{21}{6}

So when we subtract these two, we get \frac{38}{6}.

7 0
3 years ago
Read 2 more answers
As a result of monetary policy of the Fed, the dollar appreciated and the amount of exports decreased. Which of the following Fe
vodka [1.7K]

Answer:

D. A Fed sale of bonds to brokers and banks.

Explanation:

The sale of bonds to banks and brokers is a contractionary open market policy. Its objective is to check inflation by slowing down the rate of economic growth. When the Fed offer bonds to the markets at a higher interests rate, banks will prefer to buy the bonds than lending out money to household and firms.

Producers rely on banks to fund their operations. If they cannot obtains loans for production and growth, their output decreases. A decrease in output results in reduced exports.  Low production of US goods means a reduced supply to the international market. It means international buyers will be competing for fewer US products. As the markets compete for the few available products, they push the demand for the dollar up, causing it to appreciate in value.

6 0
3 years ago
_______________is concerned with what is​, and ▼ positive analysis neutral analysis normative analysis is concerned with what ou
EastWind [94]

Answer:

The correct answer is normative analysis.

Explanation:

A positive analysis is the one that attempts to reflect reality with statements of cause and effect and is used mainly in microeconomics. On the other hand, a normative analysis, in which reality is prescribed, that is, we go beyond explanation and prediction, value judgments are used.

In contrast to the positive analysis, the normative analysis responds how the law should achieve efficiency objectives. This analysis assumes that efficiency is an objective that law should reflect and that legal norms should change when they fail. From this perspective, efficiency is a social value that the Law should promote.

3 0
3 years ago
In which one of the following instances is rivalry among competing sellers notmore intense?
dimaraw [331]

Answer: E.When there are so many industry rivals that the impact of any one company's actions is spread thinly across all industry members

Explanation:

The more the number of players in an industry the more it gets congested and especially for the competing sellers. The decision for increasing or reducing price is met by follower firms to do the same thing. It gets less competitive because you know all the players in the industry would be following the same practices and doing the same thing.

7 0
3 years ago
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