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valentinak56 [21]
3 years ago
9

True or false: small ups and downs in real gdp follow a consistent, predictable pattern.

Business
1 answer:
Ad libitum [116K]3 years ago
3 0
It is <u>false </u>that <span>small ups and downs in real GDP follow a consistent, predictable pattern.
There is no constant, predictable pattern when it comes to GDP - it may fluctuate all the time, and ups and downs do not contribute to the pattern in any way possible. So this statement is false as the fluctuations can never be predicted.</span>
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Which best describes what a market index does?
elixir [45]

Answer:

A market index is an indicator of the price movement of a certain sector in an economy. Statistical measures are used to average and calculate these numbers. Consumer price index, down Jones industrial average and s&p 500 are the most famous indices.

These factors affect the stock prices,

market performance

the company’s financial health

the economy

Overall market and industry performance allomg with.the functioning capacity of the overall economy has a tremendous impact on the stock prices as well. Mainly it affects the foreign investments.

Explanation:

4 0
3 years ago
Numeric Company uses the periodic inventory method and had no beginning inventory. The company purchased 7 units of inventory at
BigorU [14]

Answer:

$115

Explanation:

The computation of the cost of the ending inventory is shown below:

Total units purchased

= 7 units + 5 units + 6 units

= 18 units

And, the total cost is

= 7 units × $8 + 5 units × $10 per unit + 6 units × $11 per unit

= $56 + $50 + $66

= $172

And, the closing units inventory units is

= 18 units - 6 units

= 12 units

So, the cost of ending inventory is

= $172 × 12 units ÷ 18 units

= $115

8 0
4 years ago
According to the quantity theory of money, the quantity of money is related negatively to the nominal interest rate:
galben [10]

Answer:

d. positively to the nominal gross domestic product

Explanation:

The quantity theory of money :

M = (P x Y ) / V

Where m = quantity of money

P × Y = nominal GDP

V = velocity

Velocity is assumed to be constant in the short run. It is also believed that Y is constant in the short run. Therefore, movement in price level is determined by the quantity of money.

I hope my answer helps you.

3 0
4 years ago
Steven consumes only two goods, both of which are normal goods. He is currently maximizing his utility in consumption of both go
zzz [600]

Answer:

The answer is: remain the same

Explanation:

The marginal utility of a good or service is how much better we feel when consuming an extra unit of that good or service. For example if we are very thirsty, the marginal utility of consuming a can of Coke is very large, but once our thirst is quenched, an extra can of Coke will not provide use with that much satisfaction as before.

If the price of a substitute good increases, the marginal utility of the good whose price didn't change, will remain the same.

Let's go back to the Coke example. An extra can of Coke will give me 5 more satisfaction units (I'm assuming I can measure satisfaction) and an extra slice of pizza will give me 7 more units of satisfaction. If the price of Coke increases from 50 cents to $1, its marginal utility will decrease. I will buy more pizza because the satisfaction I get from drinking Coke is now smaller.

4 0
3 years ago
A constant-cost industry is one in which_______
tiny-mole [99]

Answer:

b.if 100 units can be produced for $100, then 150 can be produced for $150, 200 for $200, and so forth.

Explanation:

Constant-cost means the cost of producing one unit of product does not change no matter how many products each firm in the industry decide to produce.

If the cost of production is $100 for 100 units, $150 for 150 units, $200 for 200 units and so forth, it means the unit production cost is a constant $1 regardless of the quantity to be produced.

4 0
3 years ago
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