Nominal GDP is described as GDP that has no longer been adjusted for actual GDP according to capita and is the key statistic used to tune economic increase.
GDP in line with capita is the sum of gross cost brought by using all resident manufacturers within the economy plus any product taxes (fewer subsidies) not blanketed within the valuation of output, divided by means of mid-12 months population. growth is calculated from steady price GDP facts in nearby currency.
As an end result, higher GDP according to capita is frequently associated with superb effects in a wide range of areas along with better fitness, more training, or even more life satisfaction.
GDP per capita is primarily based on purchasing energy parity (PPP). PPP GDP is gross domestic product converted to worldwide dollars using shopping strength parity charges. An international dollar has equal buying power over GDP as the U.S. dollar has in the united states.
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It is absolutely correct to state that the greatest challenge of researching in the information age is managing our flow of knowledge to ensure we encounter reliable and useful information.
<h3>What do you mean by
information age?</h3>
The concept of the "Information Age" holds that having access to and control over information characterizes the current phase of human civilization. This is the Information Age. The world as we know it today is a product of all the eras from the Stone Age to the Industrial Revolution.
Hence, It is absolutely correct to state that the greatest challenge of researching in the information age is managing our flow of knowledge to ensure we encounter reliable and useful information.
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"Your question is incomplete, probably the complete question/missing part is:"
TRUE OR FALSE: the greatest challenge of researching in the information age is managing our flow of knowledge to ensure we encounter reliable and useful information.
Answer:
c. $12,175,000.
Explanation:
Given: Merchandise sold by Lang company= $12520000.
Sales return and allowances= $270000.
Discount= $140000.
While calculating net sales, freight out charges is not included as it an selling expense and it should be included while calculating Gross profit of the company.
Here, we have to find the last year net sales for Lang company.
∴ ![Net sales= sales\ revenue- (sales\ returns\ and\ allowances + sales\ discount)](https://tex.z-dn.net/?f=Net%20sales%3D%20sales%5C%20revenue-%20%28sales%5C%20returns%5C%20and%5C%20allowances%20%2B%20sales%5C%20discount%29)
⇒ Net sales = ![12520000-(270000 + 75000) = 12520000 - 345000](https://tex.z-dn.net/?f=12520000-%28270000%20%2B%2075000%29%20%3D%2012520000%20-%20345000)
∴Net sales= ![\$ 12175000](https://tex.z-dn.net/?f=%5C%24%2012175000)
Answer:
d.a surplus of apples must have existed.
Explanation:
If the supply of apples increased while there is no change in the demand for Apples, there would be a surplus and price would fall.
If the supply of apples decreased while there is no change in the demand for Apples, there would be a shortage of apples and price would rise.
If the demand for apples recently increased while supply remains unchanged, there would be a shortage and the price of apples would rise.
I hope my answer helps you
C. The first step in the screening process for potential markets and sites is to identify the basic appeal of a market.
Identifying whether there is a fundamental demand for a business's product is the first step in looking for potential markets. screening process plays a key role in determining this fundamental appeal.
Then it also helps in choosing where to market or produce goods would be simple if all countries' business environments were the same. Managers could rely on statistics that track the state of the local economy and examine projected returns on investments.
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