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
Vedmedyk [2.9K]
3 years ago
15

If the prices of all goods and services produced in the economy rose while the quantity of all goods and services stayed the sam

e, which would rise? a. both real GDP and nominal GDP. b. real GDP but not nominal GDP. c. nominal GDP but not real GDP. d. neither nominal GDP nor real GDP. 1
Business
1 answer:
Ludmilka [50]3 years ago
3 0

Answer:

If the prices of all goods and services produced in the economy rose while the quantity of all goods and services stayed the same, nominal GDP but not real GDP - Option C

Explanation:

if there is an increase in the prices of all goods and services produced in the economy while the quantity of all goods and services remained the same, the outcome would be an increase in the nominal GDP.

If the prices of all goods and services produced in the economy rose while the quantity of all goods and services stayed the same, nominal GDP but not real GDP - Option C

You might be interested in
Suppose the tax rate on the first $10,000 income is 0 percent; 10 percent on the next $20,000; 20 percent on the next $20,000; 3
nordsb [41]

Answer:

Th answer is: Marginal tax rate for Family A is 20%, average tax rate is 12%. There is no Family B in the question.

Explanation:

Family A's tax rate are as follows:

Income                             Tax rate

up to $10,000                       0%

$10,000 to $30,000           10%  

$30,000 to $50,000          20%

$50,000 to $80,000          30%

over $80,000                      40%

Since Family A's income is $50,000, their marginal tax rate is 20%, and its average tax rate is = [($20,000 x 10%) + ($20,000 x 20%) / $50,000] = ($2,000 + $4,000) / $50,000 = $6,000 / $50,000 = 12%

6 0
3 years ago
You have been saving money from delivering groceries for instacart in a savings account to buy a new laptop before going to coll
vredina [299]

Answer:

Generally, however, you should expect a slight markup on at least some of the items you buy via Instacart. That makes it extra important to save money where you can. Ways to save on Instacart online grocery orders. When using Instacart, you can expect to pay a bit extra for the convenience. However, there are still ways to save.

Explanation:

5 0
3 years ago
Read 2 more answers
Choosing to go to college over getting a job right out of high school is an example of a(n) _____.
noname [10]
It’s opportunity cost
4 0
3 years ago
Read 2 more answers
A total of 1000 units of a certain product must be completed by the end of the current week. It is now late Monday afternoon, so
Arturiano [62]

Answer:

7 workers will be required

Explanation:

We will define actual time required to do a job

= Standard time required for producing each unit x Worker efficiency (%)/100

= 11.65 x 115/100

= 13.3975 minutes

Total available minutes in 4 days = 4 days x 8 hours/ day x 60 minutes / day = 1920 minutes

Therefore ,

Number of units which can be produced by 1 worker in 4 days = 1920 /13.3975

Number of units to be produced = 1000 units

Therefore,

Number of workers required

= Number of units to be produced / Number of units which can be produced by 1 worker in 4 days

= 1000 x ( 13.3975 /1920)

= 6.977 ( 7 rounded to nearest whole number )

8 0
3 years ago
quizlet Governments implement Blank______ trade policies that are designed to make it difficult for imports to enter a country.M
lilavasa [31]

Governments implement Administrative trade policies that are designed to make it difficult for imports to enter a country.

<h3>What is Administrative Trade Policies?</h3>

Administrative trade policies are bureaucratic rules designed to make it difficult for imports to enter a country. These are rules and regulations made by the government to control the entry of particular products into the country.

<h3>What is Trade policy ?</h3>

Trade policy is the set of agreements, regulations, and practices by a government that affect trade with foreign countries. Each nation determines its own standards for trading, including its tariffs, subsidies, and regulations.

Trade policies have a significant effect on the international economy and on financial markets. They affect exchange rates, the availability of goods, and the prices that people pay for them, among many other economic factors.

Learn more about Trade policy on:

brainly.com/question/24966568

#SPJ4

6 0
2 years ago
Other questions:
  • Dustman Manufacturing Corporation's most recent production budget indicates the following required production: January February
    8·1 answer
  • On December 31, 2019, Ling Co. estimated that 2% of its net accounts receivable of $450,000 will become uncollectible. The compa
    5·1 answer
  • Describe how taxes can be used to affect people's behavior
    14·1 answer
  • Chris bought 10 shares of Apex Company for $25 each, and later sold all of them at $45 each. This transaction resulted in what t
    14·2 answers
  • You own 500 shares of ABC stock. The stock has been declining in price and is now selling for $30 a share. You decide to sell al
    12·1 answer
  • MLB The company may build a $20M facility now to handle anticipated market demand for the next 10 years. Alternatively, the comp
    6·1 answer
  • Believing it will make it easier for investors to compare firms across countries and make it easier to raise capital globally, m
    8·1 answer
  • Suppose that the owner of Boyer Construction is feeling the pinch of increased premiums associated with workersâ compensation an
    5·1 answer
  • Which of the following is the basis for research surveys?
    5·2 answers
  • A relationship with the closeness of a friendship but also the sexual activity of a romantic partnership without the expectation
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!