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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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Due to ____, market forces should realign the cross exchange rate between two foreign currencies based on the spot exchange rate
gayaneshka [121]

Answer:

The correct answer is C

Explanation:

Covered interest arbitrage (CIA), it is an strategy or tool of arbitrage trading, where the investor capitalizes on the rate of interest which is differential among two countries through using the forward contract for eliminate the exposure or cover to exchange the rate risk.

So, because of covered interest arbitrage, the market forces realign the cross exchange rate among two countries grounded on spot exchange rates of two currencies.

8 0
4 years ago
In the _____________ stage of a project the product is delivered to the customer and resources are released from the project
murzikaleks [220]

Answer: closing

Explanation:

The project life cycle is referred to as a framework that shows how projects successfully move from the beginning to the end.

It is in the closing stage that the product will be delivered to the customer and the resources are released from the project.

6 0
3 years ago
Alice finds she no longer is able to pay premiums on her $50,000 Whole Life Policy, but needs that amount of protection for her
arsen [322]

Answer:

correct option is d. extended term

Explanation:

given data

pay premiums =  $50,000

 

solution

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it is the same face amount for the long time period

and here  Fixed Amount will be for Settlement Option

and the Paid Up option will be Option Dividend Option

so here correct option is d. extended term

8 0
4 years ago
Moore's law states that every 18 months, the computing speed of a microchip doubles.
horrorfan [7]

Answer: The price level falls and output rises.

Explanation:

According to Moore's law, it is stated that the computing speed of a microchip doubles every 18 months. According to Moore, this will increase thespeed and capability of computers and also bring about lesser pay for the computers.

The effect of this on the economy is that it will lead to a fall in price level and increase in output as there will be faster and cheaper production. This can be shown in the diagram attached.

5 0
3 years ago
Morgan is the manager of a local circuit city and has put up signs promoting the store's frequent shopper card program. morgan's
inessss [21]
That would be a programmed decision.
3 0
3 years ago
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