From year 1 to year 2, the real GDP of the economy increases by 20%.
<h3>What is real GDP?</h3>
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year.
Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation. It reflects the value of goods and services produced in an economy.
<h3>What is the increase in real GDP?</h3>
GDP in year 1 = 10 x $2 = 20
Real GDP in year 2 using year 1 prices as base price = 12 x $2 = $24
Increase in real GDP = (24 / 20) - 1 = 20%
To learn more about GDP, please check: brainly.com/question/15225458
<span>The answer to this question is unfreezing stage.
Unfreezing stage is the stage of preparing the people to move and leaving the
comfort zones. In this stage, in order for the unfreezing stage to become
successful, the managers or leaders should command employees to embrace change
end educate the people that change is needed to reach the company’s goal.</span>
The examples mentioned above are examples of non-market distribution method, Non-market distribution method is a process wherein the distribution products, services, and goods does not have profit motivation. In most cases, products, goods, and services are offered for a low price.
Answer:
Is the process of allocating to expense the cost of plant asset.
Explanation:
Depreciation is an expense indicating a decline in the value of the capital assets due to tear and wear, obsolescence, consumption, time span, etc. It's shown on the income statement debit side. It is a non-cash item which has no effect on the cash balance.
Moreover, it is to charged over the specified number of useful life so that proper amount of the depreciation should be recorded in the books of accounts
