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liraira [26]
3 years ago
8

If nomimal GDP is 100,000 and real GDP is 80,000the GDP deflator is 115

Business
1 answer:
Mila [183]3 years ago
8 0

Answer:

False

Explanation:

GDP deflator = (nominal GDP/ Real GDP) × 100

$100,000 / $80,000 = 1.25 × 100 = 125

I hope my answer helps you

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If a seller in a competitive market chooses to charge more than the going price, then:
attashe74 [19]

Answer:

d. buyers will make purchases from other sellers

Explanation:

In the perfect competition structure producers have no power to change prices, as goods are homogeneous. Thus, since products are the same, if the producer raises the price, consumers will consume with other sellers.

3 0
3 years ago
It is pizza night at the murphy home and everyone has an opinion about what they should get as a topping on the pizza. which cho
pishuonlain [190]

This isn't really a business question, but generally vegetables would be a healthier choice for a pizza topping instead of meats and cheeses.

7 0
3 years ago
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Effective reading involves what four steps? Select one: a. Preparing, reading, capturing key ideas, and reviewing. b. Preparing,
lidiya [134]

Answer:

Preparing, reading, capturing key ideas, and reviewing.

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8 0
3 years ago
The Taffy Trust is a simple trust. Sean is its sole beneficiary. In the current year, the trust earns $12,000 in taxable interes
algol [13]

<u>Solution and Explanation:</u>

a. <u>Accounting income is computed below: </u>

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Rental income 30,000.00

Long term capital gain 0.00

Long term capital loss 0.00

Fees 0.00

Less: depreciation -2,800.00

Trust accounting income 39,200.00

<u>b.</u> One half of fiducary's fee = 6500 divided by 2 = 3250. This amount will be allocated to accounting income of the trust.

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Long term capital gain 4,000.00

Long term capital loss -1,100.00

Fees -3,250.00

Depreciation -2,800.00

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3 0
3 years ago
John withdraws $100 from his checking account and deposits it in his saving account. What will be the effect of this transaction
Amanda [17]

Answer:

C is Currency in circulation

M1 is Coins, Currency, money is checking account, travelers checks etc. This basically include all units of money which are highly liquid and can be used at an instant.

M2 includes M1 and certain units of money which are less liquid e.g. savings, time deposits, term deposits etc.

Here, John is withdrawing $100 from his checking account and depositing in savings account hence this will decrease the M1 since M1 does not include savings account. There will not be any change in M2 since both checking and savings account are a part of that.

Since this transaction does not include currency in circulation, there will be no impact on C.

Explanation:

6 0
3 years ago
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