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OleMash [197]
3 years ago
6

Suppose nominal GDP in 2006 was $14460 billion. If the current year price index is 127. What was the real GDP for 2006 (in billi

on of dollars)? (Round your answer to the nearest whole number.)
Business
1 answer:
Musya8 [376]3 years ago
7 0

Answer:

$113.86 billion

Explanation:

Real GDP = nominal GDP/ price index

Real GDP =  $14460 billion / 127 = $113.86 billion

I hope my answer helps you

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Powerpoint slides can be quite effective and used best when they
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<span>The correct statement on Powerpoint slides, which is a presentation of a series of still images on a projection screen or electronic display device, is that: Powerpoint slides can be quite effective and used best when they are used properly as an enhancement to the speaker's presentation.</span>
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3 years ago
Markets provide the efficient amount of a good or service when externalities are present. monopoly exists. public goods are pres
torisob [31]
Markets provide the efficient amount of a good or service when <span>externalities and public goods are absent.
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4 0
3 years ago
Which form of business ownership is the most complex and difficult to form, and why?
Finger [1]
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Hope this helped though! 
6 0
3 years ago
Consider three investment plans at an annual rate of 9.38%.
PolarNik [594]

Answer:

Investor A = $545216 .

Investor B = $352377

Investor C = $897594

Explanation:

Annual rate ( r )  = 9.38%

N = 41 years

<u> Calculate the balance at age of 65</u>

1) For Investor A

balance at the end of 10 years

= $2000 (FIA, 9.38 %, 10) (1 + 0.0938) ≈ $33845

Hence at the end of 65 years ( balance )

= $33845 (FIP, 9.38 %, 31) ≈ $545216 .

2) For investor B

 at the age of 65 years ( balance )

= $2000 (FIP, 9.38%, 31) = $322159 x (1 + 0.0938) ≈ $352377

3) For Investor C

at the age of 65 years ( balance )

= $2000 (FIP, 9.38%, 41) = $820620 x (1 + 0.0938) ≈ $897594

7 0
2 years ago
PLEASE HELP!!!
Luden [163]

building society --- is owned by its members and provides banking servic

trust company --- acts as a fiduciary and handles custodial asset arrangements

asset management firm --- invests people's funds in financial assets

stock brokerage firm --- trades securities and makes money from commissions


5 0
3 years ago
Read 2 more answers
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