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zepelin [54]
3 years ago
9

Suppose an economy’s entire output is cars. in year 1, all manufacturers produce cars at $15,000 each; the real gdp is $300,000.

in year 2, 20 cars are produced at $16,000 each. what is the real gdp in year 2?
Business
2 answers:
Ahat [919]3 years ago
7 0

The real GDP in the year 2 is $300,000.

adelina 88 [10]3 years ago
3 0
Formula for the Real GDP:
RGDP = Quantity in the current year x Price of the output in the base year
The base year should be the 1st year:
RGDP 1 = $300,000,  P 1 = $15,000
Q 1st = $300,000 : $15,000 = 20 cars
In the 2nd year we also have: Q 2nd = 20,produced at $16,000 each.
The Nominal GDP = 20 x $16,000 = $320,000 ( market value )
But the Real GDP = 20 x $15,000 = $300,000.
Answer: The real GDP in the year 2 is $300,000.
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These are named Active and Constructive responses to conflict.

These responses are called active as from the question portion it's clear talking related to the perspective, creating its solutions related to the issues expressing the emotions and at the end to reaching out the point of solution are denoted as the Active.

It's constrictive because the variation step by step makes you understand the positioning and clear the mindset which illustrates the position and makes it constructive.

On the other side, reflective thinking, delaying responding, and adopting are known as passive and constructive responses.

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4 0
1 year ago
On its first day of trading, Twitter closed at $41.57 per share. Two years later and the price was $26.85, what was the annual r
Mkey [24]

Answer:

B. -21.85%.

Explanation:

Calculation for the annual return on the stock

First step is to calculate the Number of periods

Number of periods = 2 * 365 days in a year

Number of periods= 730

Second Step is to calculate the Daily return using this formula

Daily return = (Future value / initial value)^1/n - 1

Let plug in the formula

Daily return = (26.85 / 41.57)^1/730 - 1

Daily return = (0.645898)^1/730 - 1

Daily return = 0.999401 - 1

Daily return = -0.00059861*100

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Last step is to calculate annual return

Using this formula

Annual return=Daily return/ Numbers of days in a year

Annual return = -0.059861% * 365

Annual return = -21.85%

Therefore the annual return on the stock if returns are compounded daily will be 21.85%

8 0
3 years ago
instead of only meeting the goals of upper management, malcolm could have also tried to meet the goals of his team members. this
swat32

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What is servant leadership?

Servant leadership is a leadership philosophy in which the aim of the leader is to work. This differ from traditional leadership where the leader's main goal is the thriving of their company or organization. A servant leader shares power, puts the wants of the employees first and helps people develop and perform as highly as possible.

Servant leaders are very values-based and mission-driven.

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1 year ago
Ibarra Corporation uses the FIFO method in its process costing system.
Advocard [28]

Answer:

$5.70

Explanation:

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Units started to completed during the period = Units completed during the month - Units started during the month

= $104,000 - $16,400

= $87,600

So, to complete the started work in progress :-

The Conversion = $16,400 × (100% - 20%)

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And, the ending work in progress

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