Answer:
Explanation:
If the Boskin Commission's estimate was right and consumer price index overstated inflation by 1.1% every year, this is what we can derive about REAL GDP PER CAPITA and GENERAL LIVING STANDARDS IN THE UNITED STATES:
(A) Real Gross Domestic Product per Capita is the total (gross) production per head or per person (per capita) within (domestic) an economy; after accounting or adjusting for inflation. Before adjusting for inflation, we have the Nominal GDP. So the term "real" shows that the value has accounted for inflation. If inflation is positive in the economy, then Real GDP figure will be less than Nominal GDP figure. I hope you understand this background information.
So if consumer price index is overstating inflation, real GDP per capita will be higher than it is perceived/calculated to be, in those years
(B) The general standard of living (which is affected by consumer price index) would also be higher than perceived or calculated.
Note here that the 'general' standard of living is a measure that sums up living standard 'per capita'.
Answer:
The Charlotte Hornets selected LaMelo Ball :)
Answer:
Explanation:
a. Dr Cash 5,376,150
Cr Premium on bonds payable 376,150
Cr Bonds payable 5,000,000
b. Dr Interest expense 322,569
Dr premium on bonds payable 2431
Cr Cash 325,000
c. Dr Interest expense 322,423
Dr Premium on bonds payable 2577
Cr Cash 325,000
d. Dr Interest expense 322,269
Dr premium on bonds payable 2731
Cr Cash 325,000
Answer:
country: France
Location: Europe
Resturant: Boutary
Hotel: Holiday inn
Attractions: Eiffel Tower, The Cathedral, Musee du lourve
Reason: Beutriful and popular place with good food
Transportation: Plane, Boat
Weather: Clear skys warm summer
Cultural: Speak french, pay in Euros, normal clothes and food
Additional facts: Paris is the capital of France, You ca go to the Top of the eiffel tower, The tower lights up at night.
Enjoy: :)
Explanation: Enjoy
I dog year = 7 human years
13 dog years = 7 x 13 = 91 human years (Wow ... that is very old! Good dog.)
