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givi [52]
3 years ago
10

Suppose the country inflatistan had a nominal gdp of $48 billion in 2007 and a nominal gdp of $114 billion in 2013. if the price

level was 100 in 2007 and 190 in 2013, what was the real gdp in 2013 (using 2007 dollars)?
Business
1 answer:
Anika [276]3 years ago
6 0
The answer is: $60.0 billion. 
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If an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for co
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The consumption schedule shows the relationship of household consumption to the level of?
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The Consumption schedule shows the relationship of household consumption to the level of disposable income.

<h3>What is disposable income?</h3>

Disposable income is the sum of money that a person or household has available for spending or saving after income taxes have been subtracted (sometimes known as disposable personal income, or DPI). At the macroeconomic level, one of the most important economic indicators used to assess the overall health of the economy is disposable personal income. Net income equals disposable income. It is the balance remaining after taxes. The amount of net income that is left over after covering all essentials is referred to as discretionary income.

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5 0
1 year ago
Which of the following statements about today's job market is accurate? a. Today the emphasis is on what the applicant wants. b.
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C. Employers are most interested in how a candidate will add value to the hiring organization.

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Most Organizations are keen on knowing what value you are bringing to the company, there is no real consideration of the applicants dreams or career goals. As time goes by, it becomes really difficult to secure positions without reasonable years of experience because that way, the recruiting organization is in the know of your capability and how you contribute to their existing goals. Sadly, this is what applicants face in the world today so most newly graduates have to go on internships so as to widen their scope of real job tasks which also increases their chances of getting recruited.

7 0
3 years ago
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