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2 years ago

The amount of goods or services that consumers are willing and able to buy is determined by

1 answer:

5 0

The best answer is "C" or demand. Consumers will buy more or less depending on the demand.

I hope this helps!
<em>~cupcake</em>

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16. GDP Growth Consider the following data on U.S. GDP: Year GDP (Billions of current dollars) (Billions of 2009 dollars) 2011 1

dmitriy555 [2]

Answer:

The percentage change in nominal GDP from 2013 to 2014 was 4.29%

The percentage change in real GDP from 2012 to 2013 was 1.48%

The percentage change in real GDP from 2012 to 2013 was higher than the percentage change in real GDP from 2011 to 2012. FALSE

Explanation:

In order to calculate this we just have to calculate the percentages with a rule of thirds:

$\frac{GDP1}{100}= \frac{GDP2}{x}$

To calculate the first one we use the nominal GDP which is the GDP with the current market value:

$\frac{GDP1}{100}= \frac{GDP2}{x}\\\frac{16,663.2}{100}= \frac{17,348.1 }{x}\\x=\frac{(100)(17,348.1}{16,663.2} \\x=4.29%$

To calculate the change in real GDP we use the values adapted to a pre-agreed monetary value, in this case the dollar at 2009:

$\frac{GDP1}{100}= \frac{GDP2}{x}\\\frac{15,354.6}{100}= \frac{15,583.3}{x}\\x=\frac{(100)(15,583.3}{15,354.6} \\x=1.48%$

To calculate the 2011 to 2012 we insert the values:

$\frac{GDP1}{100}= \frac{GDP2}{x}\\\frac{ 15,020.6}{100}= \frac{15,354.6}{x}\\x=\frac{(100)(15,354.6}{ 15,020.6} \\x=2.22%$

So with this we know that it is wasn´t higher the percentage change from 2012-2013, than that of 2011-2012

5 0

2 years ago

Discuss the possible causes of change in Shoprite

velikii [3]

Answer:

Economical factors, company reasons, innovative leadership, business growth, and competitor actions are common causes of business change.

Explanation:

The economic factors influencing business activities

In a country concerned with the production, distribution, and use of goods and services, the economy includes all activities.

The economic environment has a major impact on companies. Consumer expenditure affects prices, investment decisions, and the number of employees employed by enterprises.

In four main ways, the economic climate affects companies:

unemployment

Consumer income change levels

Rates of interest

Rate of taxation

6 0

2 years ago

what is the accounting measurement of an insurance company's future obligations to its policy owners?

zvonat [6]

Answer:

provisions / accruals

Explanation:

see above in the answer, both mean basically the same but in insurance terms accrual is more correct

8 0

2 years ago

An individual who provides services to your business, but is not an employee is considered

Reika [66]

Answer:

independent contractor

I hope it helps.

3 0

2 years ago

George has to recall the names of the first 20 presidents of the united states for his history test. according to the levels of

Fittoniya [83]

I believe it is write the names over and over again because that is is the most effective way to memorize kinetically.

6 0

3 years ago

Read 2 more answers