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3 years ago

Why is real GDP a more accurate measure of an economy's production than nominal GDP?

Business

1 answer:

Hatshy [7]3 years ago

3 0

Answer:

The answer for the following question is given below:

Explanation:

Nominal GDP is the price, inflation-unadjusted for, goods and services produced in a country.

Real GDP is a nominal GDP, calculated to reflect changes in aggregate demand for inflation.

Real GDP is a more accurate indicator of the output of a country than nominal GDP since real GDP calculates the value of the product and services generated by an economy while nominal GDP calculates the price of the product and services consumed by an economy.

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Which is not a method of fiscal policy? government purchases of goods and services changing tax rates changes in the money suppl

Sedbober [7]

<span>The answer is changes in the money supply</span>

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3 years ago

Pathos is an appeal to emotions (everything from humor to horror) in order to sway an audience, while logos is the 7 use of data

adoni [48]

Answer:

Explanation:

NOTE: In order to solve this question efficiently, there is need to watch the videos attached to this question. Kindly check video link in the comment section of this question since it can not be attached here. If the link can not be added in the comment section, check the Channel(TED), the title is AM I NOT HUMAN? A CALL FOR CRIMINAL JUSTICE REFORM.

So, from the video one can see that the presenter in the TED talk made use of Pathos more than he does for logos.

The argument/point in this presentation that I find the most compelling is when he argued that people that have bad past also deserves an empathy and not only people with no criminal record as we are all human and we can do better. The past is in the past and the present is the present.

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3 years ago

Trainers at Lako Systems try to maximize the transfer of learning by demonstrating processes on the manufacturing floor rather t

Effectus [21]

This approach by trainers at Lako Systems trying to maximize the transfer of learning by demonstrating processes on the manufacturing floor rather than just describing them is known as Transfer of training.

<h2>What is transfer of training?</h2>

Applying knowledge and abilities learned during training to a specific job or role is known as transfer of training.

Transfer of training, for instance, happens when a worker applies the safety habits they learned in the classroom to their workplace.

The theory of transfer of training describes the positive, zero, or adverse performance results of a training program. It is a specific application of the theory of transfer of learning.

Many firms now strive to achieve the positive transfer of training, or the improvement in work performance attributable to training.

Training methods, workplace dynamics, and trainee characteristics all play a role in achieving this objective of positive transfer.

Learn more about transfer of training here:

brainly.com/question/4203046

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7 0

1 year ago

The income statement of Whitlock Company is presented here.

bazaltina [42]

Answer:

$1,146,800

Explanation:

Preparation for the operating activities section of the statement of cash flows for the year ended November 30, 2020

WHITLOCK COMPANY

Partial Statement of Cash FlowsFor the Year Ended November 30, 2020

Cash flows from operating activities

Net income $1,366,800

Adjustments to reconcile net income to net cash provided by operating activities..

Activities

Depreciation expense $70,000

Decrease in inventory $500,000

Decrease in accrued expenses payable ($100,000)

Increase in prepaid expenses ($150,000)

Increase in accounts receivable ($200,000)

Decrease in accounts payable($340,000)($220,000)

Net cash provided by operatingActivities $1,146,800

($1,366,800-$220,000)

Therefore the operating activities section of the statement of cash flows for the year ended November 30, 2020 is $1,146,800

3 0

3 years ago

Ashton wants to generate interest in the new branch of his hobby stores that is opening next week. He plans to offer temporary p

faust18 [17]

Answer:

B. Price promotion

Explanation:

Ashton by trying to create awareness in his new branch, he is planning to cut price and offer coupons so as to persuade customers to purchase from him. The practice is known as price promotion.

Price promotion is the combination of two words "price" and "promotion".

Price refers to the amount of money paid by consumers to purchase goods and services.

Promotion on the other hand refers to activities that persuade the consumers to buy a product and communicate the product’s features and benefits.

Combining the two definitions, pro promotion refers to a discount in price which will encourage consumers to purchase a product.

3 0

3 years ago