Real GDP = $5 trillion
GDP deflator = 200
The nominal GDP is $10 trillion.
Real GDP is the output effected by price. GDP deflator is the measure of the level prices of the new, local products produced, final goods and services within the economy. The nominal GDP is the current market prices.
Answer:
False
Explanation:
Different levels of management have their information need, this can be classified as operational, tactical and strategic.
Operational information - are information relating to day to day routine of the entity, such information is needed by the lower level management.
Tactical information- are information which deals with decisions relating to the deployment of the various assets of an entity, this information is needed by middle level management.
Strategic information - This is information that relates to the strategic focus of an entity such information is for top level management..
Answer:
3 year cliff
Explanation:
The most appropriate vesting schedule for Bardwell Manufacturing Inc is the 3 year cliff
Answer:
Marginal revenue product of the third worker is $14
Is the increase in revenue that results from the ale of one additional unit of output.
An asset earned from operations is known as revenue, or more precisely as net income (the net value of assets earned (revenue) minus assets sacrificed (expenses)). A percentage of this net income is given back to shareholders as dividends. The portion that stays in the company, presumably to be reinvested into the business, is called Retained Earnings.