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viva [34]
3 years ago
7

Which statement represents most correctly the relationship between nominal GDP and real GDP?

Business
1 answer:
Nady [450]3 years ago
8 0

Answer:

The answer is: C) Nominal GDP measures current production using current prices, whereas real GDP measures current production using base-year prices.

Explanation:

Nominal GDP measures the production of total finished products and services within a country during a particular period using the current prices of the products and services. Real GDP measures the production of total finished products and services within a country during a particular period using base-year prices of the products and services.

Nominal GDP doesn't take in account inflation, while real GDP is adjusted by inflation. Nominal GDP is also higher than the real GDP since recent prices are higher than the base-year prices (due to inflation). Real GDP can be used to compare the economy's evolution over periods of time.

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The Engine Division provides diesel engines for the Motor Home Division of a company. The standard unit costs for Engine Divisio
Lisa [10]

Answer:

The best transfer price to avoid transfer price problems is $2,310

Explanation:

Transfer Price = Variable cost + Fixed Fee

Variable Cost = Direct Material + Direct labor + Variable Overhead

                       = 600 + 1,200 + 300

                       = 2,100

Transfer Price = Variable cost + Fixed Fee

                        = 2,100 + 210

                        = $2,310

Therefore, The best transfer price to avoid transfer price problems is $2,310

3 0
3 years ago
You are considering buying a stock with a beta of 3.05. If the risk-free rate of return is 8.0%, and the expected return for the
elena55 [62]

Answer:

38.5%

Explanation:

Rf = 8.0%

Rm = 18.0%

Beta = 3.05

RRR ?

from the given data the capital asset pricing model will be used to calculate the RRR

RRR = Rf + β (Rm - Rf)

        =8.0 + 3.05 (18.0-8)

         =38.5%

6 0
3 years ago
Mike's is a highway construction company. Mike's is laying a highway through the mountains in West Virginia. At one spot they ha
dexar [7]

Answer:

win based on strict liability

Explanation:

Strict liability is a liability that is imposed on party by the claimant that proves that an action occurred and the defendant is responsible for it.

This provision does not require the claimant to prove a fault by the defendant. It is mostly used when an action is considered dangerous.

In this scenario Mike was blasting some holes in rocks. This is a dangerous activity that can cause harm.

Myra who broke her legs in the explosion only needs to prove Mike was responsible for the explosion that occurred for her to win based on strict liability provision.

8 0
3 years ago
Employees who record and are paid for the exact amount of time spent working are paid on a(n) _____ basis.
Svetllana [295]
I got hourly basis for my answer
8 0
3 years ago
Read 2 more answers
1243.00 The cost of wine for next week will increase by 2% from the current week. If all other cost of sales stays constant, wha
Luda [366]

Answer:

The approximate total cost of sales for next week will be $1,267.86

Explanation:

Hi, all we need to do is use the following formula

Price(1)=Price(o)*(1+increase)

Where:

Price(1)= The price of next week

Price(o)= Current price ($1,243)

increase= increase percentage (in our case, 2% or 0.02)

All should look like this.

Price(1)=1,243*(1+0.02)=1,267.86

So, the cost of sales for next week will be $1,267.86

Best of luck.

8 0
3 years ago
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