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3 years ago

If real gdp increases by 1 percent next year and the price level goes up by 3 percent, by how much will nominal gdp increase?

1 answer:

7 0

<span>Since real GDP goes up by 1% and price level goes up by 3%, nominal GDP must go up by 3%. This is because real GDP is measured based off a base year's prices, but nominal GDP is not encumbered by such a price basis. Since the price level goes up by 3% (and 3/1 is 3), then nominal GDP goes up by 3% as well since the real GDP level only goes up by 1%.</span>

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The certified union for a bargaining unit is granted an exclusive right under the NLRA to represent: Question 10 options: All no

pickupchik [31]

The Correct Answer is (c) Only employees of a particular skill (craft union) or work (industrial union) which is Option C.

Craft unions organize workers along occupational lines and Industrial unions join everyone who works for one employer, or one industry, into one union

The certification process formalizes the collective bargaining relationship. Once a union is certified for a group of employees, the union becomes their exclusive bargaining agent. Unless the bargaining unit is later decertified, the employer is required to bargain in good faith to reach a collective agreement.

<h3><u>What is NLRA and its purpose.?</u></h3>

National Labor Relations Act - The NLRA protects workplace democracy by providing employees at private-sector workplaces the fundamental right to seek better working conditions and designation of representation without fear of retaliation.
The NLRA applies to most private sector employers, including manufacturers, retailers, private universities, and health care facilities.

To know more about NLRA, check the given link.

brainly.com/question/9483714

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Correct Question - The certified union for a bargaining unit is granted an exclusive right under the NLRA to represents

A) All non-management employees within the company

B) All union employees

C) Only employees of a particular skill (craft union) or work (industrial union)

D) All employees in that unit, union, or nonunion

5 0

2 years ago

Book value is determined by: A. deducting liabilities from assets and dividing the remainder by owner's equity. B. deducting lia

spin [16.1K]

The correct answer is B. deducting liabilities from assets and dividing the remainder by the number of shares of stock outstanding.

3 0

3 years ago

Juno Markets is offering 900 shares in a Dutch auction IPO. The following bids have been received: How much will Bidder B have t

inn [45]

Answer:

$4,320.00

Explanation:

Calculation to determine How much will Bidder B have to spend to purchase all of the shares that have been allocated to him

Bidder B Cost = 300 *[900/(100 + 300 + 400+200)] *$16

Bidder B Cost = 300*[900/1,000)*$16

Bidder B Cost = 300*0.9*$16

Bidder B Cost = $4,320.00

Therefore The amount that Bidder B will have to spend to purchase all of the shares that have been allocated to him is $4,320.00

5 0

3 years ago

Christoph Hoffeman of Kapinsky Capital believes the Swiss franc will appreciate versus the U.S. dollar in the coming 3-month pe

Rama09 [41]

Answer:

Check the explanation

Explanation:

a. Calculate Christoph’s expected profit assuming a pure spot market speculation strategy.

Details Amount

Number of Swiss francs can buy and

invest with $100,000 ($100,000/$0.5820) 171821.31

After 3 months SF's are sold to acquire

dollars back SF 171821.31* $0.6250) $107,388

Less: Invested dollars $ 100,000.00

expected profit assuming he buys or sells

SF three months forward $7,388

b. Calculate C’s expected profit assuming he buys or sells SF three months forward:

Details Amount

Number of Swiss francs can buy and

invest with $100,000 ($100,000/$0.5640 $ 177304.96

After 3 months SF's are sold to acquire

dollars back SF 177,304.96* $0.6250) $ 110,815.60

Less: Invested dollars $ 100,000.00

expected profit assuming he

buys or sells SF three months forward $10,816

8 0

3 years ago

Travis takes two trips to Ecuador. On his first trip, he finds that one US dollar is worth 25000 Ecuadorian Sucre. On his return

Agata [3.3K]

Answer:

More Americans will travel to Ecuador.

Explanation:

Travis is an American.

On his first trip,

1 US dollar = 25,000 Ecuadorian Sucre

On his second trip,

1 US dollar = 26,000 Ecuadorian Sucre

This indicates that the US dollar appreciated against the Ecuadorian Sucre. Now, the residents of United States will have to pay less for going on a trip to Ecuador. Hence, there is an increase in the number of Americans going for a trip to Ecuador.

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4 years ago

Read 2 more answers