The new rule will come into affect from the next month

An economy enters an expansion and GDP increases from $34,000 to $40,000. What is the percent change in real GDP? Round your ans

Blababa [14]

The percent change in real GDP is 17.65%

<h3>What is the GDP of an economy?</h3>

The gross domestic product (GDP) is the sum of all value contributed to a given economy. The value-added is the difference between the value of the products and services produced and the value of the goods and services required to produce them.

The percent change in real GDP can be calculated by using the formula:

$\mathbf{=\dfrac{New \ GDP - Old \ GDP}{Old \ GDP } \times 100}$

$\mathbf{=\dfrac{40000 -34000}{34000 } \times 100}$

= 17.65%

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6 0

2 years ago

Why might one doubt that current forms of digital money, such as Bitcoin, will replace more traditional fiat currencies?

NISA [10]

Answer:

The correct answer is (e)

Explanation:

Digital currency, such as bitcoin is out of government’s control. Similarly, the market decides their price and that makes them unpredictable. Likewise, the digital money has various problems that make them different and hard to trust on, such as, they can’t be used as means of payment, the unit of account, store of value and standard value. Because fiat money is equipped with all those advantages, which is why people doubt that current forms of digital will replace traditional money.

7 0

3 years ago

Free cash flow is

ki77a [65]

Answer:

The correct answer is letter "E": cash flow from operations less cash used to purchase fixed assets to maintain productive capacity.

Explanation:

Free cash flow or FCF is the money available for investors and creditors after subtracting the operational expenditures and investments from the sales of a company. FCF is not the same as net income because FCF does not include non-cash expenses but FCF considers capital investments and expenses. FCF could reflect more changes compared to the net income.

7 0

4 years ago

If the cpi was 240 in year 1 and 245.1 in year 2, what is the inflation rate between year 1 and year 2?

Ulleksa [173]

The inflation rate between years 1 and 2 is 2.13%

What is CPI?

CPI means consumer price index, the consumer price index measures the change in prices of a basket of goods and services from one period to another, like the change in prices or inflation rate from one year to another year.

The inflation rate can be expressed in the current year CPI divided by the prior year CPI as shown by the CPI formula shown below:

inflation rate=(CPI year 2/CPI year 1)-1

CPI year 2=245.1

CPI year 1=240

inflation rate=(245.1/240)-1

inflation rate=2.13%

The implication of the above computation is that the inflation rate between year 1 and year 2 is approximately 2.13% when rounded to 2 decimal places.

In other words, the prices of goods and services has increase by 2.13% on the average between the two years

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6 0

2 years ago

roxy’s average monthly expense for her dog is $ 180 . roxy spends an average of $ on food each month. even though roxy spent mor

erica [24]

The SMART goals for Roxy will be illustrated as:

Specific: Roxy wants to start saving for an emergency fund.

Measurable - Roxy simply needs to measure the amount of money that she is getting every month and how much she uses for necessities.

Achievable- Roxy should think deeply whether she can keep up with it and if it is doable. Can she contiously put money into the fund every time she gets paid?

Realistic- Roxy's goal is what she could need in the future, she needs to think if this goal is something she needs for the future. Is this something that is realistic for her to do?

Timely - The goal should be timely. This is important for the accomplishment of the goal.

<h3>What is SMART?</h3>

The acronym S.M.A.R.T. provides guidelines for setting goals and objectives for better results in project management, employee performance management, and personal development, among other areas. George T. Doran first coined the phrase in the Management Review issue from November 1981.

In this case, the SMART goals for Today have been explained above.

Learn more about SMART on:

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Creating a Personal Budget

The amount of money used for basic personal expenses such as housing, food, transportation, and taxes is called the cost of living. The cost of living for a city indicates how expensive or inexpensive it is to live there. Explore the cost of living for a few different cities.

Roxy is planning to move to Fort Lauderdale, Florida, and work as a nurse. She has one dog and no children. She uses public transportation and plans to rent an apartment when she moves. The new company she’ll work for pays employees bimonthly, which means twice a month. In this activity, you’ll help Roxy make a budget.

Part A

Roxy decides that she wants to set a financial goal of saving for an emergency fund. Write about some of the ways Roxy could make her financial goal a SMART goal.

Remember, a smart goal adheres to the SMART acronym:

Specific

Measurable

Achievable

Realistic

Timely

6 0

2 years ago

The new rule will come into affect from the next month​

The new rule will come into affect from the next month