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Anna35 [415]
4 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]4 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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Answer:

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Suppose the Imperial Galactic Bank has received $1,000 of deposits and all banks face a required reserve ratio of 10 percent. Wh
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Answer:

Money Multiplier= 1/ reserve ratio = 1/10% = 10

Change in Money Supply = Change in Reserves * Money Multiplier

= 1,000 * 10 = 10,000

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Which CTSO is appropriate for future teachers?<br>FEA<br>FFA<br>FTA<br>DECA
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6 0
3 years ago
Read 2 more answers
500.34 In fiscal year 2017​, ​Wal-Mart Stores​ (WMT) had revenue of $ 500.34 ​billion, gross profit of $ 126.95 ​billion, and ne
maria [59]

Answer:

a.  25.37% and 13.28%

b. 1.97% and 2.07%

c. Costco

Explanation:

a.  The gross margins for Walmart and Costco is shown below:

Gross margin = (Gross profit ÷ revenue) × 100

For Walmart,

= ($126.95 ÷ $500.34) × 100

= 25.37%

For Costco,

=  ($17.14 ÷ $129) × 100

= 13.28%

b. The net margins for Walmart and Costco is shown below:

Gross margin = (Net profit ÷ revenue) × 100

For Walmart,

= ($9.86 ÷ $500.34) × 100

= 1.97%

For Costco,

=  ($2.68 ÷ $129) × 100

= 2.07%

c. According to the net profit, the Costco has more profitable in 2017

4 0
4 years ago
On February 15, Jewel Company buys bonds of Marcelo Corp. for $200,000. The investment is classified as available-for-sale secur
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Answer:

D. Debit Fair Value Adjustment-Available-for-Sale $300; credit Unrealized Gain-Equity $300

Explanation:

The journal entry to record the year-end adjustment is as follows

Fair Value Adjustment-Available-for-Sale $300 ($200,300 - $200,000)

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(Being year-end adjustment is recorded)

The available for sale securities would be at fair market value

Therefore the unrealized gain would be $300

hence, the correct option is d.

7 0
3 years ago
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