1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
8090 [49]
3 years ago
6

if real gdp in 1995 was $4053.7 billion and nominal gdp in 1995 was $4220.3 billion, what was the value of the gdp deflator in 1

995?
Business
1 answer:
ohaa [14]3 years ago
6 0

Answer:

GDP deflator in 1995 was 104.11

GDP deflation rate in 1995 was 4.11%

Explanation:

GDP deflator is a term referring to a measure of level prices of domestically produced final products in an economy.

We have the formula as follow:

       GDP deflator = 100 x \frac{Nominal GDP}{Real GDP}

So that, replace the formula with data, GDP deflator in 1995 can be calculated as follow:

       GDP deflator = 100 x (4220.3/ 4053.7) = 104.11

=> GDP deflation rate was: 4.11%

You might be interested in
Because Mike is only accountable for the $20,000 he invested in his friend Matt's company, the
Arlecino [84]
The answer is limited liability partnership
7 0
3 years ago
Identify the marketing research technique implied in the scenario. Tiara is planning to open a small café in her neighborhood. H
AnnyKZ [126]

Answer:

demographic and psychographic segmentation

Explanation:

Tiara's target market is based on age (demographic) and interests (psychographic)

5 0
3 years ago
After September​ 11, 2001, the federal government increased military spending on wars in Iraq and Afghanistan. Is this increase
otez555 [7]

Answer:

No

Explanation:

Although the Fiscal policy includes the detail of government revenue collection and its spending and military budget is allocated in the budget as part of the policy, however after the incident of 9/11, the increase in military spending (including spending on wars in Iraq and Afghanistan) was designed to achieve homeland security objectives.

White House designated the Office of Homeland Security to oversee and coordinate a comprehensive national strategy to safeguard the country against terrorism and respond to any future attacks.

4 0
3 years ago
You and two partners start a company. However, your partners play no role in running the company. You spend all your time managi
GalinKa [24]

Answer:

The correct answer is letter "D": Opportunity cost.

Explanation:

Opportunity cost is described as the return of the choice selected over the potential return that could have been obtained from the choice left  behind. It represents the return of the option chosen compared to the choice forgone. Opportunity costs is also defined as the return of the best next available option.

4 0
3 years ago
Ian has five years of managerial experience with a shopping center. However, he quit his job to attend to his ailing mother. He
vovikov84 [41]
Ian is a uniquely good position here: the truth happens to be one of the best explanations he could possibly give. The fact that he quit his job to look after his sick mother, assuming that his former employer has positive things to say about him, is a solid reflection of his character and a sign that he was out of the job market not due to a lack of options, but a need to take care of a sick family member.
Ian should tell the truth, and explain the decision thoroughly to demonstrate the kind of person he is to the prospective employer, and what his priorities are. 
3 0
3 years ago
Other questions:
  • I study French so I can talk to my cousin who lives in Paris
    7·1 answer
  • Emma owns a flower shop in tampa. she pays $3,091 per month to lease her building, $2,208 in wages, $1,887 for flowers and other
    14·1 answer
  • Which of the following does NOT belong to holding​ costs? A. order processing B. storage costs C. ​pilferage, scrap, and obsoles
    5·1 answer
  • A pharmacy (due to increased competition from a neighboring supermarket) has now added an exclusive line of cosmetics, and has e
    14·1 answer
  • Galvin has deposited $879 in a savings account that earns interest at a rate of 1.8% compounded quarterly.what will the account
    12·1 answer
  • A man purchased a $23,000, 1-year term-life insurance policy for $425. Assuming that the probability that he will live for anoth
    14·1 answer
  • Examples of services are _____.<br><br> dentists<br> childcare<br> newspapers<br> personal computers
    12·1 answer
  • Which of the following is NOT an accurate description of modern marketing?
    7·1 answer
  • What do people think about the homeless
    6·1 answer
  • Trade industry short note​
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!