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
Elina [12.6K]
3 years ago
14

Q7. Which of the following is a necessary condition – something that must occur—for nominal GDP to rise? Explain your answers.

Business
1 answer:
shusha [124]3 years ago
5 0

Answer:

Either the price level or real GDP must increase

Explanation:

Gross Domestic Product (GDP) is used to measure the economic growth, purchasing power, and overall economic health of a country. nominal Gross Domestic Product, measures the value of all final goods and services produced within a country’s borders at current market prices. It takes change in prices and interest rates, inflation and money supply into account when calculating a country’s gross domestic product. Real GDP takes nominal GDP and adjusts for inflation or deflation by comparing and converting prices to a base year’s prices. For nominal GDP to rise there must be increase on either the price level or real GDP.

You might be interested in
The suggestion that disparate impact should be measured only at the ______ ignores the fact that title vii guarantees these indi
Yuri [45]

bottom line. This is a direct quote from the textbook by Cengage called Employment and Labor Law.

3 0
3 years ago
Why is this zero based budget the best method of budgeting?
pogonyaev
It helps you save a lot of money, if you are on zero budget you wont be as willing to spend money on non sense  rather than if you were to have say a weekly budget to where you know how much money you can spend on non sense. hope that makes sense.
5 0
3 years ago
Read 2 more answers
At the end of each day, panera bread restaurants donate leftover bread and baked goods to food banks and local charities. the co
Nimfa-mama [501]

Answer:

They appear to be giving back to the community with food to help the hungry or the homeless.

Explanation:

In the paragraph above they mention practicing. Greenwashing can make a company appear to be more environmentally friendly than it really is. My hope is panera really is doing this for the greater good.

4 0
3 years ago
Read 2 more answers
Cost of goods sold is given by:
icang [17]

Answer:

b. Net Purchases + beginning inventory - ending inventory.

Explanation:

The formula to compute the cost of goods sold is shown below:

Cost of good sold = Beginning inventory + net purchase - ending inventory

We simply added the net purchase and deduct the ending inventory to the beginning inventory so that the correct value can be determined

It records that cost which is directly related to the product that means it excludes the indirect cost

8 0
3 years ago
Which of the following statement shows the financial position of a business entity as on date
svlad2 [7]

Answer:

b) balance sheet

Explanation:

Balance sheet: The assets liabilities and stockholder equity are reported in the balance sheet. The accounting equation that is displayed  below is used in this:

Total assets = Total liabilities + stockholder equity

The balance sheet debit and credit side should always be equal and balanced.  

In addition, it is always prepared on the date specified plus it is also reflects the financial position, financial performance of the company.

8 0
3 years ago
Other questions:
  • A foodhandler has finished trimming raw chicken on a cutting board and needs it to prep vegetables. what must be done to the cut
    9·1 answer
  • The specific ways in which human resource professionals support an organization's strategy vary according to: their level of inv
    14·1 answer
  • Angerstein Inc. produces calendars in a two-process, two-department operation. In the Printing Department, calendars are printed
    15·1 answer
  • Dinosaur Junior Corporation purchased a one-year insurance policy in January 2013 for $60,000. The insurance policy goes into ef
    12·1 answer
  • Supply chain managers outsource logistics to meet three​ goals: A. drive down inventory​ investment, lower delivery​ costs, and
    6·1 answer
  • The Nelson Company has $1,312,500 in current assets and $525,000 in current liabilities. Its initial inventory level is $380,000
    10·1 answer
  • Rayray Records' stock currently sells for $105.00 per share. The dividend is projected to increase at a constant rate of 5.00% p
    5·1 answer
  • The demand and supply functions for basic cable TV in the local market are given as: Calculate the consumer and producer surplus
    13·1 answer
  • Gibson Valves produces cast bronze valves on an assembly​ line, currently producing 2000 valves per shift. If the production cha
    13·1 answer
  • a market is considered to be a(n) when the largest four firms in an industry control more than 40% or more of the market..
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!