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patriot [66]
3 years ago
10

Why would it be important to use real gdp to get a more accurate representation of economic growth across time periods?

Business
1 answer:
WINSTONCH [101]3 years ago
4 0
The real GDP represents the income from the products and services made in the country. This means that the country is responsible for these products and services, these goods are charged with tax and tariffs (if exported) which leads to the economic growth of the country.<span />
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The government of Wrexington, a country which has adopted American GDP accounting conventions, has calculated that the seasonall
Julli [10]

Answer:

d.$20 billion at an annual rate

Explanation:

As $5 billion was quarter 1 market value of final goods and services produced,the annual rate will be $5*4=$20 billion annually

4 0
3 years ago
I need help on creating my resume. I’m a high schooler currently in the 11th grade. I haven’t won any awards here at my high sch
77julia77 [94]

To create an effective resume, you must explain your educational and professional experiences. If you are still a student looking for your first professional opportunity, a good way to attract the attention of recruiters is to include your awards won in the educational environment on your resume.

<h3 /><h3>How to create a good resume?</h3>

Some tips can be important for you to create an attractive resume. It's always good to align your experiences with the area you want to compete in, that is, include courses, extra curricular experiences and awards that have to do with the field of work that interests you. Other important tips are:

  • Keep your CV objective and concise
  • Review your personal data
  • Highlight your personal achievements
  • Be honest about the information provided
  • Include your volunteer work

Therefore, for a student to create an effective curriculum, the inclusion of awards and achievements from student life will attract the attention of the recruiter by showing interest, dedication and perspectives of the candidate, being a great opportunity to win a job.

Find out more about resume here:

brainly.com/question/14218463

#SPJ1

6 0
1 year ago
The establishment of lobster fishing season in the state of Florida is an example of:
SashulF [63]

Answer:

Government intervention in the economy.

Explanation:

The government in some cases take actions that affect the economy to have an impact and address inefficiencies. In this case, the intervention takes the form of a regulation that establishes a lobster fishing season in the state of Florida. Because of that, the answer is that this is an example of government intervention in the economy.

5 0
2 years ago
In three years, when he is discharged from the Air Force, Steve wants to buy an 8,000 power boat.
eduard

Steve will get $11360 with the process of simple interest.

<h3>what is simple interest?</h3>

Simple interest is calculated based on a loan's principal or the initial deposit into a savings account. Simple interest doesn't compound, therefore a creditor will only charge interest on the principal sum, and a borrower will never be required to pay further interest on the interest that has already accrued.

Rate of interest = 14%

principal + interest = $8000

Time = 3 years

Simple interest

=\frac{8000 \times 3 \times 14}{100}\\=3360

Now principal + interest = 8000+3360 = 11360

Therefore, Steve will get $11360.

To learn more about simple interest from the given link

brainly.com/question/25793394

#SPJ4

4 0
2 years ago
You would like to establish a trust fund that will provide $50,000 a year forever for your heirs. The trust fund is going to be
Finger [1]

Answer:

$1,818,181.81

Explanation:

Data provided:

Amount that will be provided a year = $50,000

Expected rate of return = 2.75%

Now,

The Present value of perpetuity is given as:

Present value of perpetuity = \frac{\textup{Annual return}}{\textup{Expected rate of return}}

on substituting the respective values, we get

Present value of perpetuity = \frac{\textup{50,000}}{\textup{0.0275}}

or

Present value of perpetuity = $1,818,181.81

Hence,

The amount that must be deposited today to fund this gift is $1,818,181.81

5 0
3 years ago
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