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ella [17]
4 years ago
15

Peg's Manicure Manor did 4,000 sets of nails in 2015 and 4,500 sets of nails in 2016. The price of a set of nails was $20 in 201

5 and $22 in 2016. If 2015 is the base year, Peg's contribution to nominal GDP in 2015 was ______ and to real GDP in 2015 was _____.
Business
2 answers:
Whitepunk [10]4 years ago
4 0

Answer:

for both they are 80,000

Explanation:

Maksim231197 [3]4 years ago
3 0

Answer:

The answers are:

  1. $80,000
  2. $80,000

Explanation:

The nominal GDP includes all the production of final and legal products and services. The real GDP is the nominal GDP adjusted to inflation.

Peg's contribution to nominal GDP in 2015 was $80,000 (4,000 nail sets x $20 per nail set). If 2015 was the base year, in this case real GDP is the same as nominal GDP.

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Answer:

Failing to analyze and take into account the competitor technological environment.

Explanation:

When initiating a new joint venture, a company must analyze many environments, such as cultural, organizational, financial, technological, processual, and others. In this case, it was necessary to analyze the current technological competitor environment to check the compatibility of operating systems and the cost and viability of adjusting accordingly. Nothing was done, hence the joint venture’s failure.  

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4 years ago
Today most state corporate statutes are at least partially based on the . A corporation is an artificial being, existing only in
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Answer:

The correct word for the blank space is: Revised Model Business Corporation Act.

Explanation:

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3 years ago
You are an economist studying the small country of Mardodus. As you look at the data, you see Mardodus has experienced an influx
WINSTONCH [101]

Answer: Natural rate of unemployment will decrease because the productivity growth in the short term has passed up wage growth.

Explanation:

The natural unemployment rate simply means the lowest unemployment rate where the inflation in the economy is stable.

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3 0
3 years ago
The primary goal of the financial manager of a profit-seeking organization is to
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8 0
3 years ago
Read 2 more answers
It is now January 1. You plan to invest a total of 5 consecutive, equal deposits, one every 6 months, with the first payment bei
FinnZ [79.3K]

Answer:

$2,848.94

Explanation:

first of all, we must determine the amount of money that we need to have in our account in order to be able to withdraw $25,000 in 10 years.

You will start making your semiannual deposits today and they will end in exactly 2 years, so we need to find out the present value of the $25,000 in two years:

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FV = semiannual deposit x FV annuity due factor (3%, 5 periods)

$15,579.17 = semiannual deposit x 5.46841

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4 0
3 years ago
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