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NeTakaya
4 years ago
15

A country reported nominal GDP of $200 billion in 2010 and $180 billion in 2009. It also reported a GDP deflator of 125 in 2010

and 105 in 2009. Between 2009 and 2010, how much did prices increase?
Business
1 answer:
QveST [7]4 years ago
6 0

Answer:

19%

Explanation:

Given that,

Nominal GDP in 2010 = $200 billion

Nominal GDP in 2009 = $180 billion

GDP deflator in 2010 = 125

GDP deflator in 2009 = 105

Percentage change in prices:

= Percentage change in GDP deflator

= (Change in GDP deflator ÷ GDP deflator in 2009) × 100

= [(125 - 105) ÷ 105] × 100

= (20 ÷ 105) × 100

= 0.19 × 100

= 19%

Therefore, the prices increases by 19%.

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8 0
2 years ago
The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 40,000 shares were origina
kolezko [41]

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5 0
3 years ago
_____ is a method of determining what sales volume must be reached before total revenue equals total costs.?
lina2011 [118]
The answer is the option d. break-even analysis.

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7 0
3 years ago
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Answer:

a. cost of debt

Explanation:

The formula to compute the weighted average cost of capital is shown below:

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4 years ago
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Answer:

The correct answer is B. They increase consumption and decrease investment.

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It should be taken into account that in the fourth quarter of the year the company did not produce any type of consumer goods, it only did so in the third quarter and subsequently sold them. For this reason there was an increase in consumption when acquired by consumers, and the investment decreased because they were goods produced in another period.

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