Its real GDP will be $1280.
According to the data provided here, we have that;
Production of 220 pounds of jelly beans at $5 means = 220 x 5 = $1100
While the 90 pounds of gum drops at $2 = 90 x 2 = $180
As production is an investment (I) so,
real GDP = $1100 + $180 = $1280
Hence, the real GDP of the production of two consumer goods ( Commodities ) is $1280.
When the production after completion goes to the market and after selling they generate revenue and the investment and profit come back which actually calculates the real GDP of an economy.
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Answer:
C ) Controls
Explanation:
According to my research on the different safety features that organizations take in order to deal with hazards and other risks, It can be said that based on the information provided within the question the term being described/defined is called Controls. These are programs consisting of all the steps needed in order to protect employees from different hazards or associated risks.
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Answer:
The correct answer is letter "A" and "D": Focusing on the concerns of the audience; Being purposeful.
Explanation:
While writing business reports, it is important to be concise and short. The message provided must go<em> straight to the purpose</em> of writing the report. Statistical data should be considered without making it the center of the report -unless necessary- because the objective is always capturing the <em>audience's attention</em> with simple but meaningful facts.
Answer:
Why can't the Fed push the rate any lower than zero?
Real interest rates can be lower than zero, or negative (because inflation rate is higher than interest rate), but nominal interest rates are generally only limited to zero. But during this same time, the European Central Bank actually started paying negative interest rates on money deposits and many European private banks followed. That means that they charged people for having their money on the bank.
Why do you think that the Fed was so seemingly reluctant to push the rate all the way to the floor?
The reason why the Fed was not willing to push the interest rates to zero or even below zero was that by doing so, the US dollar would have depreciated or lost value. In Europe this was done to encourage people to spend their money and not save as much, but in the US that is not really a problem. Generally in the US the problem is that people spend too much and save too little, but on some European countries and Japan, people tend to save too much. For example in Japan the national savings rate fluctuates between 22-40%, while the maximum savings rate in the US has been 10.4% in 1960, it currently is around 7.6%.
Answer:
(A) June 4
Inventory debit 1,065
Accounts Payable credit 1,065
(B) June 15
Inventory debit 1,550
Cash credit 1,550
(C) June 30
Accounts Payable debit 1,065
Cash credit 1,065
Explanation:
(A) there is no information or suggestion that Lweis will take the discount, we post as it was nominal, if later on it is paid within the discount period, we will recognize it. <u>No discount is recorded</u>
(B) Simple: increase the inventory receive and decrease cash by the amount paid.
(C) We settle the account payable for the nominal of the purchase.
It wasn't within the discount period. So <u>no discount is granted.</u>