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ella [17]
3 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]3 years ago
4 0

Answer:

for both they are 80,000

Explanation:

Maksim231197 [3]3 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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jenyasd209 [6]

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This quote deals with the problem of the ever increasing cost of national defense versus the welfare of the citizens. The US spends more money on national defense than any other country in the world, around 37% of the total military budget of the world. It also represents 15% of the total federal budget and almost half of all discretionary spending.

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But as the military budget increases and the power of military contractors also increases, who will dare to stop them. Military spending is much higher than welfare spending, even if you throw in Medicaid into the equation ($1.6 trillion vs $1 trillion).

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3 0
3 years ago
In 2010, some bottles of a competitor’s kombucha were bubbling and leaking at a whole foods in texas. Test results revealed that
Nitella [24]

After losing all of this distribution, one option for it might have been a form of nonstore retailing that uses machines to offer goods for sale. This is an example of automatic vending.

Right here are the styles of retailing that exist these days – save retailing: This includes different forms of retail stores like branch shops, specialty shops, supermarkets, comfort shops, catalog showrooms, drug shops, superstores, discount stores, excessive cost stores, and so forth.

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7 0
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daser333 [38]

Answer:

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Explanation:

Migration refers to the movement of a group of people from one geographical region (location) to another geographical destination in search of better living conditions, work or social amenities.

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