Answer: this former member of the Soviet Union had a high rate of inflation
Explanation:
Real GDP refers to the measuring of the gross domestic product of a country after it has been adjusted for inflation. On the other hand, the nominal GDP hasn't been adjusted for inflation and makes use of current prices.
Since the real GDP is $800,000 while the other GDP given is $1.56 billion, then it can be infered that this former member of the Soviet Union had a high rate of inflation. This is because when there's inflation, the average of all the prices of the goods and services will rise which is depicted by the difference in the GDP given.
<span>Your answer would be, Last-in, first-out</span>
Answer:
The correct answer is B. Information technology.
Explanation:
Information technology (IT) is the application of computers and telecommunications equipment to store, retrieve, transmit and manipulate data, often used in the context of business or other companies. The term is used as a synonym for computers, and computer networks, but also encompasses other information distribution technologies, such as television and telephones. Multiple industries are associated with information technologies, including computer hardware and software, electronics, semiconductors, internet, telecommunication equipment, e-commerce and computer services.
Answer:
Excess reserve = $180 million
Explanation:
Required-reserve ratio: The minimum percentage that banks are required to keep as reserve is known as the required-reserve ratio. In this question, it is given as 10%. Multiply this ratio by the total deposit and you will get the required reserve in dollar amount.
Therefore the required reserve for this bank = 10% ×$200 million= $20 million
Excess reserve; Excess reserve is the balance of the total deposit over and above the required reserve. The bank can lend and create loan asset from this balance.
It is calculated as = Total deposit - Required reserve
So we apply this to our question
Excess reserve = $200 million - (10% × $200 million)
= 180 million
Excess reserve = $180 million
Answer:
Leverage factor will be 1.344
Explanation:
We have given operating income = $29000
And variable expenses is 65 5 of the sales
And fixed expenses = $10000
So contribution margin = $29000+$10000 = $39000
We have to find the leverage factor
Leverage factor is given by
Leverage factor
So leverage factor will be 1.344