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ivolga24 [154]
2 years ago
5

The U.S. Bureau of Economic Analysis​ (BEA) has recently adopted a new approach to calculate real GDP and real GDP growth to cor

rect the problems of the fixed weights approach. One of the features of the new approach is​ that, now BEA uses
Business
1 answer:
pashok25 [27]2 years ago
3 0

One of the features of the new approach is​ that, now BEA uses the geometric average of fixed weight indexes and uses two base years to calculate the growth rate of real GDP between two consecutive years.

Explanation:

In both actual and nominal GDP, the U.S. Economic Analysis Department results. It estimates the real United States. GDP is a fixed base year annual rate. Imports and international sales from American businesses and people are exempt.

GDP reflects the degree to which the economy generates production. Global warming is not generated and not part of GDP. The effect of environmental damage is not measured accurately. The loss should not be included in GDP and the calculation of environmental damage has not been accepted.

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Answer:

The correct answer is C. 3240 units.

Explanation:

The calculation of Equivalent units of production for the year is given below.

Add

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Less

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Equivalent units                                           =    3240

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Assume a company is preparing a budget for its first two months of operations. During the first and second months it expects cre
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Answer:

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