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
boyakko [2]
4 years ago
14

Suppose that a very small economy produces only televisions and computers. Using the information below, what is the nation’s nom

inal GDP in Year 4? Year 1 (base year): 10 computers sold at $2000 each and 15 televisions sold at $500 each Year 4: 17 computers sold at $2200 each and 20 televisions sold at $550 each A $5250 B $27500 C $48400 D $20900
Business
1 answer:
Licemer1 [7]4 years ago
6 0
The nation's nominal GDP does not take inflation into account. To solve this problem, we simply calculate the nation's nominal GDP in Year 4, ignoring the base prices. Keep in mind that if we were calculating real GDP, we would have to use the base year prices in our GDP calculation. 

Year 4:
Computers: 17 x 2200 = 37,400
Televisions: 20 x 550 =   11,000 +
Total GDP                                     =$48,400
Answer is C) 48,400
You might be interested in
I need help with question 1 and 2!!
Mila [183]
Pneumonoultramicroscopicsilicovolcanoconiosis
5 0
3 years ago
lander has a netflix account and loves to watch independent and international films. after each film that he streams, netflix cr
marysya [2.9K]

Netflix is ​​using the digital marketing technique of using measurable, data-driven information to add customer value.

This digital marketing technique of creating a list of potential films based on Lander's film screening history helps Netflix generate value for the customer, generating benefits such as:

  • reduction in the time the client looks for a film.

  • meeting customer needs.

  • increased satisfaction.

  • greater customer loyalty.

  • creation of relationship and interaction between company and customer.

Therefore, artificial intelligence uses data to create value for the consumer, making the experience more targeted and aligned with consumer tastes and preferences, which makes the company better positioned and competitive in the market.

Learn more here:

brainly.com/question/8367090

5 0
2 years ago
Read 2 more answers
Reinforay, an aircraft manufacturer, makes passenger, cargo, short-haul, and long-haul aircraft from the same design, with many
Tcecarenko [31]

Answer:

a. product platform

Explanation:

Product platform -

It refers the process of designing , where all the parts of the goods or services have some common element in common , is referred to as product platform .

The method is used to -

  • increases the process of developing new products ,
  • reduce the cost of development ,
  • a single element acts as a identification for the product .

Hence , from the given scenario of the question ,

The correct option is a. product platform .

4 0
3 years ago
Peachtree Company borrows $30,000 from the local bank at 7% interest. The term of the note is five years, and the annual payment
grandymaker [24]

Answer:

B

Explanation:

Here, in this question, we are asked to determine the decrease in notes payable that peachtree should record in the first year.

To determine this, we proceed as follows;

Interest payment for the first year = 30000*7% i.e 2100

Principal amount paid = Total amount paid - Interest amount

= 7317 -2100 i.e 5217

Notes payable should be reduced by 5217

4 0
3 years ago
Read 2 more answers
The finance minister of a developing country demands a heavy payment for the approval of a multi-million dollar contract with a
OverLord2011 [107]

Answer:

Extortion

Explanation:

Extortion is the act of threatening or forcing another party to give you something, most of the time money.

In this case the minister in the developing country is demanding for payment before giving approval for the multi-million dollar contract.

The threat the minister is using against the company is to not approve Thier contract.

6 0
3 years ago
Other questions:
  • Randolph is a 30 percent partner in the RD Partnership. On January 1, RD distributes $15,000 cash and inventory with a fair valu
    6·1 answer
  • Newcastle Coal Co. owns a warehouse that it is not currently using. It could sell the warehouse for $300,000 or use the warehous
    7·1 answer
  • During a user's onboarding process, many designers focus on a gradual release of information. this process is called what
    13·2 answers
  • Cutler Petroleum, Inc., is trying to evaluate a generation project with the following cash flows:Year Cash Flow0 –$ 39,800,000 1
    6·1 answer
  • Hearing and listening both involve a mental awareness of sounds occurring around you.
    14·1 answer
  • One of your clients is a sophisticated 40 year old investor and has recently changed jobs. The client is considering rolling ove
    14·1 answer
  • Master scheduling is __________. a. a field in the master schedule record that indicates the number of units that are available
    11·1 answer
  • A​ company's production department was experiencing a high defect rate on the assembly​ line, which was slowing down production
    7·1 answer
  • _____ reflects performance in brief, special circumstances that demand a person's best effort.
    10·1 answer
  • Stix Co. is considering a project with an initial cost of $4 million. The project will produce cash inflows of $1.5 million a ye
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!