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2 years ago

If real gdp in a particular year is $80 billion and nominal gdp is $240 billion, the gdp price index for that year is:

1 answer:

5 0

The gdp price index for that year is 300.
This is how we calculate this;
Gdp price index = 100 x nominal gdp / real gdp
=100 x 240 / 80
=24000/80
Gdp price index = 300

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2 years ago

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Answer:

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Data provided in the question:

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Anna007 [38]

I think the most appropriate answer would be A.

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2 years ago

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Use goal seek to answer this question. All else equals, to have a net income of 20,000, the COGS margin percentage must be _____

Lelechka [254]

Answer:

Use goal seek to answer this question. All else equals, to have a net income of 20,000, the COGS margin percentage must be 40%, and the gross profit must be $17,250.

Explanation:

The income statement is missing, so I looked it up and the information given was:

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Marketing
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