Answer:
Explanation:
The chart below gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP for both years. Use 2017 as the base year.
Year 2016 2017
Price Quantity Price Quantity
Ice Cream $7.00 600 $3.00 400
Blue Jeans $70.00 20 $20.00 90
Laptops $300.00 5 $300.00 5
2016 nominal GDP = $_(7 x 600) + (70 x 20) + (300 x 5)_ = $7,100
2017 nominal GDP = $_(3 x 400)+(20 x 90) + (300 x 5)_ = $4,500
2016 real GDP = $__(7100-4500)/ 4500)) / change in ice cream price of 50%+ change in blue jean price of (70-20/20) 250%_______
= 0.57/3 = 0.19% growth. Technically the economy was better in 2016 than in 2017.
2017 real GDP = will be same as nominal, hence no growth since this is the base year
We would expect that the rebuilding at the end of World War II in many European countries increased aggregate demand for capital goods in <u>a. Both the US and Europe.</u>
<h3>What is aggregate demand?</h3>
Aggregate demand refers to the total demand for goods and services within an economy.
Because of the Marshall Plan initiated by the United States for rebuilding Europe after the Second World War, aggregate demand increased in both the United States and Europe.
<h3>Answer Options:</h3>
a. Both the US and Europe
b. The US, but not Europe
c. Europe, but not the US
d. Neither the US nor Europe
Thus, the rebuilding at the end of World War II in many European countries increased aggregate demand for capital goods in <u>a. Both the US and Europe.</u>
Learn more about aggregate demand at brainly.com/question/1490249
Answer:
The answers are,
1st Blank - a. harassment
2nd Blank - f. avoid
3rd Blank - e. limit
Explanation:
Harassment can come in many forms in a n organization, they could be sexual harassment, verbal harassment, power harassment, gender discrimination, etc. Legal actions can be taken against an employer for not enforcing necessary requirements to prevent them.
Such lawsuits cannot be avoided by the employers but through legal means they can seek to mitigate or limit the damages they have to pay to the affected employee.
<span>Changes in taxes first cause changes in
disposable income, and thus the government tax multiplier is
smaller than the government spending multiplier.
Spending multiplier, which is also called fiscal multiplier shows or represent the multiple by which GDP increments or declines because of an expansion and reduction in government uses and venture.
</span>
Tax multiplier<span> refers to the
multiple by which GDP increments or declines because of an expansion and
reduction in taxes that are charged by governments.The two types of tax
multiplier are, simple tax multiplier and complex type multiplier.</span>
