Answer:
The correct option is the country's real GDP declined between years 3 and 4.
Explanation:
The data given in the question are first properly presented before answering the question as follows:
Year Nominal GDP Price Index
1 $35 90
2 40 100
3 45 110
4 48 120
5 56 140
The decline in real GDP can now be determined by calculating the the real GDP for each year using the following formula:
Real GDP in a particular year = (Nominal GDP in the year / Price index in the year) * 100 ................... (1)
Using equation (1), we therefore have:
Real GDP in Year 1 = ($35 / 90) * 100 = $38.89
Real GDP in Year 2 = ($40 / 100) * 100 = $40.00
Real GDP in Year 3 = ($45 / 110) * 100 = $40.91
Real GDP in Year 4 = ($48 / 120) * 100 = $40.00
Real GDP in Year 4 = ($56 / 140) * 100 = $40.00
From the above calculations, it can be seen that the real GDP declined from $40.91 in Year 3 to $40.00 in Year 4. Therefore, the correct option is the country's real GDP declined between years 3 and 4.
Answer:
Option "E" is the correct answer to the following question.
Explanation:
In the following case, the Pepsi company uses a marketing mix concept to sell its product. The marketing mix is a principle that involves Product, the value of a product (Price), the location of the product where it should be sold (Place) and its promotion.
In this situation, Pepsi has been done all these activities itself.
Therefore, Pepsi used a marketing mix method.
<span>A german firm raising capital by selling stock through the london stock exchange is an example of transnational financing.
Transnational financing occurs when a firm goes to another country to raise capital through the issue of stocks and bonds.
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Answer:
14.7%
Explanation:
Frictional unemployment occurs when a person willingly quits his/her job in order to seek a better job.
Structural unemployment occurs when a person's skills do not fit the skills required by the firms that are hiring.
Cyclical unemployment results from a decrease in economic activity.
Answer:
cost of direct materials purchases 160,800
Explanation:
pounds required for production 54,000
desired ending inventory 2,800
total needs 56,800
beginning inventory (3,200)
units to be purchased 53,600
cost per unit of direct materials 3
cost of direct materials purchases 160,800
<u>Notes:</u>
The pounds for production and the ending inventory are the raw materials demand.
The beginning inventory is a portion we already have, so we need to purchase less.
Then, we multiply the pounds to be purchased by their cost to get the total cost for direct materials