1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
White raven [17]
3 years ago
12

If economists calculate the gdp for 2009, using current prices of year 2009, what are they estimating?

Business
1 answer:
Vlad [161]3 years ago
6 0
They are estimating the Nominal GDP. The Nominal GDP measures the quarterly economic output that occurred in the year. This would analyze production, employment, all the elements in the financial circulation. This is different from the real GDP because here it would include the inflation of prices that occurred. Nominal GDP only reflects on the economical changed within the current year regardless of inflation. 
You might be interested in
Select the strategies that help to lower the number of search results returned by a search engine or database. (there is more th
olga2289 [7]

Answer:

1, 3, and 5

Explanation:

because im smart

5 0
2 years ago
More recent work in the area of strategic management regarding assertions about being stuck in the middle:_________.
ikadub [295]

Answer:

<em>B) contradicts the argument and finds that firms that successfully pursue cost leadership and product differentiation simultaneously can often expect to gain a sustained competitive advantage.</em>

7 0
2 years ago
A(n) _____ is an intermediary who takes title to the goods it handles and then distributes these goods to retailers, other distr
vova2212 [387]
A wholesaler would be the answer to your question.
7 0
3 years ago
Janis just won a scholarship that will pay her $500 a month, starting today, and continuing for the next 48 months. Which one of
ExtremeBDS [4]

Answer:

B. Annuity due

Explanation:

Annuity Due

This is the repetition of money paid that is made at the beginning of each defined period. Period could be monthly, quarterly, yearly and so on. A common example used in explaining this is Rent paid at the beginning of each month. Annuity due have all payments in the same amount, like in this case, Janis is going to be paid $500 a month for 48 months. Meaning the amount tonbe paid doesnt changes. Also another characteristic of annuity payments is that all payments are paid at thesame time interval. Again, here, Janis is being paid every month at the same time interval NOT, today monthly and the next payment weekly.

It is a series of payments that is made or received over a predetermined period of time.

6 0
2 years ago
With only two goods, if the income effect is in the same direction as the substitution effect then the good is ____.
Leya [2.2K]

Answer:

Normal good

Explanation:

Income effect Is change in quantity demanded when the consumers purchasing power change as a result of a change in real income.

Substitution effect is when quantity demanded falls as a result of rise in price of a good which leads consumers to purchase cheaper alternatives.

A normal good is a good whose demand increases as income increases.

If the price of a normal good falls, the real purchasing power of the consumer increases and the consumer buys more of the good. Also, the consumer substituites from more expensive alternative goods to the more cheap normal good. The income and substitution effect both move in the same direction.

7 0
3 years ago
Other questions:
  • What advice does Lisa Marie Ford have for people interested in a career in marketing or business? (Site 1)
    9·2 answers
  • Harrison Co. issued 13-year bonds one year ago at a coupon rate of 8 percent. The bonds make semiannual payments. If the YTM on
    8·1 answer
  • Hector is philosophically opposed to unions. "Why should I be required to join an organization I don't agree with, or pay a fee
    12·1 answer
  • During its first year of operations, JKL Company paid $11,065 for direct materials and $11,200 for production workers' wages. Le
    15·1 answer
  • Select all that apply On November 1, 2019, Movers, Inc., paid $24,000 for 2 years' rent beginning on November 1 (assume rent is
    9·1 answer
  • Suppose that Glitter Gulch, a gold mining firm, increased its sales revenues on newly mined gold from $80 million to $160 millio
    11·1 answer
  • A new business is likely to need what bank service(s)? *
    7·1 answer
  • If a preferred stock from Pfizer Inc. (PFE) pays $4.00 in annual dividends, and the required return on the preferred stock is 8.
    14·1 answer
  • A registered representative has managed the account of her client for over 10 years. The client recommends her mother to the reg
    13·1 answer
  • Which type of logs on fortigate record information about traffic directly to and from the fortigate management ip addresses?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!