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Gekata [30.6K]
3 years ago
12

A simple economy produces two goods, Corn BreadCorn Bread and SoftwareSoftware.Price and quantity data are as follows:

Business
1 answer:
vesna_86 [32]3 years ago
8 0

Answer:

Nominal GDP is $74,437.50

Real GDP is $37,250

Explanation:

The computation of the nominal GDP is shown below:

Year 2 = Corn bread quantity × corn bread price + Software quantity × software price

= 125 × $1.5 + 825 × $90

= $187.50 + $74,250

= $74,437.50

And, the computation of the real GDP equals to

= Year 1 corn bread price  × year 2 corn bread quantity +  Year 1 software price  × year 2 software quantity

= $1 × 125 + $45 × 825

= $125 + $37,125

= $37,250

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When banks provide information about savings accounts, they typically quote the interest rates they offer (e.g. 1%) on a...
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Answer:

D. Annual basis

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3 years ago
Today you purchase a $600 face-value, 8% coupon bond for $600. This bond matures over 10 years. What is the value of the cash fl
Nadya [2.5K]

Answer:

the value of the cash flow in year 5 is -$48

Explanation:

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YTM = ?

Using a Financial Calculator the Yield to Maturity is 8%.

then to determine the cash flow for year 5, we need the coupon amount (interest) and the amount of capital repayment.

Coupon  $48

Capital     $0

Total       $48

Therefore the cash flow in year 5 is -$48.

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3 years ago
What is the meaning of delegation? A. assigning the responsibility of completing a task to another B. being active C. being sinc
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3 years ago
The triple-bottom-line philosophy says that: companies should treat their local, national, and global customers fairly. business
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Answer: companies should try to support the economic, social, and environmental spheres of sustainability.

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The triple bottom line is simply an accounting framework that consist of three parts which are the social, financial and the environment.

The triple bottom line philosophy says that organizations should not only focus on the financial aspect(profit) alone but should also focus on the environment and the social aspect of the society.

Therefore, the triple-bottom-line philosophy says that companies should try to support the economic, social, and environmental spheres of sustainability.

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3 years ago
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