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3 years ago

Do you think competition between co-workers is healthy destructive unavoidable

1 answer:

7 0

<span>Competition between co-workers is healthy and unavoidable because competition keeps the fire burning. Everyone is encourage to top his or her previous performance which leads to better company results. However, too much competition makes the company destructible as well.</span>

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Year Nominal GDP Real GDP GDP Deflator (Dollars) (Base year 2016, dollars) 2016 2017 2018 From 2017 to 2018, nominal GDP , and r

FromTheMoon [43]

Answer:

Explanation:

The Real GDP is defined as the Nominal GDP minus the inflation effect.

Real GDP provides a more accurate picture of economic growth than nominal GDP because it uses constant prices, making comparisons between years more meaningful by allowing for comparisons of the actual volume of goods and services without considering inflation.

Let's say you bought apples at 5dollars per pound in 2015. Imagining a country of 1000 people and considering everyone bought a pound apples and only apples in that year, the GDP comes out to be 1000*5 = 5000 dollars.

Now let's say inflation rate is 10 percent in 2016 which will increase the price to 5.5 dollars per pound. Also, in one year, 10 more people were added to the country (No of births - No of deaths = New people in that year), this brings out total population to around 1010.

Also, let's say that the sale of apples remained the same, so the GDP of 2016 comes out to be 1000*5.5 = 5500 dollars.

That's a whooping 10% increase in GDP, right?

But here the catch.

The GDP increased not because the demand increased, but because the price of the good increased.

If we see at previous year's price (Not considering the inflation, also called Real GDP), the GDP is same which is 5000 dollars.

So, in reality, there isn't any increase in GDP.

6 0

3 years ago

A newspaper reports that the average price of new homes in a certain city had decreased, and the number of new homes sold had al

Zielflug [23.3K]

Answer: Decreasing the incomes of people in the city

Explanation:

According to the given situation, the newspaper reporting about the average price range of the new homes are decreased in the city and also the new homes selling average are also decreases.

It is basically caused by the average income level of that specific city are get decease.

When the income of the people are decreases then it cause less spending on the things and the budget are get highly effected so that is why they are unable to buy any kind of property.

Therefore, Decreasing the incomes of people in the city is the correct answer.

3 0

3 years ago

If you received a constant annual rate of return of 7% on an investment of $10,000, how many years will it take before you have

DaniilM [7]

Answer:

It will take 10 years to have $20,000 on investment of $10,000.

Explanation:

Annual Rate of return = r = 7%

Compounded Value / Future Value = FV = $20,000

Investment Value / Present Value = PV = $10,000

Use Future value formula to solve this question:

Future Value = Present Value x ( 1 + Number of Year )^Number of year

FV = PV x $( 1 + r )^{n}$

$20,000 = $10,000 x $( 1 + 0.07 )^{n}$

$\frac{20,000}{10,000}$ = $( 1 + 0.07 )^{n}$

$2 = $1 .07 ^{n$

Log 2 = n log 1.07

0.30 = n x 0.03

n = $\frac{0.30}{0.03}$

n = 10.00

n = 10 year (rounded off to nearest year )

It will take 10 years to have $20,000 on investment of $10,000.

8 0

3 years ago

Why is saving, spending and investing important? long summary

grandymaker [24]

Saving money is important because of you run in to a problem like your car breaking down you need to have money to fix it. Also saving money is important because you will able to do things like going on vacation. Investing is important because I one thing goes bad you still have other incomes coming in.

Hope this helps

3 0

3 years ago

Describe one way advertising has played a role in something you've purchased.

erica [24]

Answer:Advertising has made me really want to buy many different things. It mostly effected me when I was younger, because I would watch tv a lot. I would constantly beg my parents to buy me some stupid toy I had saw on a commercial.

Explanation:

4 0

3 years ago

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