The natural level of output is the amount of real GDP produced b. when the economy is at the natural rate of unemployment.
Real GDP is essentially a measure of a country's total economic output, adjusted for changes in prices. The value of real GDP reflects a country's economic statistics at a macro level.
When real GDP produces natural output, that is, the output level is in line with the equilibrium of the labour market when the real price level is equal to the expected price level. Then the economy makes the most of its productivity, including fully utilized labour, which means that the economy is at the natural rate of unemployment.
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Answer:
See below.
Explanation:
Solve for bottles at $50:
10 × 50
$500 per week
Solve for bottles at $45:
11 × 45
$495
Mr. Porter would make more money by sticking with selling 10 bottles a week at $50 each. This is because the latter requires him to sell one extra bottle and he will still lose $5.
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Answer:
11.57 is the book value per share.
Explanation:
Given: Total common equity= $2050000.
Total number of outstanding shares= 190000
Net Income= $250000
Dividend paid out= $100000.
We know the formula for finding book value per share at 12/31/2015.
Book value per share= 
First, lets find out accumulated earning.
Accumulated earning= 
Accumulated earning= 
∴Accumulated earning= $ 150000.
Now, Book value per share= 
⇒ Book value per share= 
∴ Book value per share= $11.57.
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