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Pachacha [2.7K]
4 years ago
7

The GDP deflator is a measure of the A. average level of prices of intermediate goods and services in the economy. B. total prod

uction of the economy unadjusted for inflation. C. total production of the economy adjusted for inflation. D. average level of prices of final goods and services in the economy.
Business
1 answer:
Alexeev081 [22]4 years ago
5 0

Answer:

D. average level of prices of final goods and services in the economy.

Explanation:

The GDP deflator is a measure of the average level of prices of final goods and services in the economy

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A news release for a diet product company reports: There's good news for the 65 million Americans currently on a diet. Its study
dexar [7]

Answer:

C. biased, understating the effectiveness of the diet.

Explanation:

As the company promises the population of America which is too huge, just on the study based on 20 employees of the company itself.

This clearly means that the company is trying to sell the product with false reports as the sample size of study is to small to represent entire American Population.

Further that too the employees could be influenced to get the false results.

As since the employees could be influenced and that the results can be altered accordingly, the report is biased, and is misleading.

6 0
3 years ago
Blossom Corp. has collected the following data concerning its maintenance costs for the past 6 months.
soldier1979 [14.2K]

Answer:

Variable  cost per unit = $1.5  per unit

Fixed cost = $14,558

Explanation:

Variable cost per unit

= cost at high activity - cost at low activity/High activity -low activity

=$(74,798- $41,663) / (40,160 -18,070) units

= $1.5  per unit

Fixed cost

Total fixed cost = cost at high activity - ( vc per unit × high activity)

= 74,798 - (1.5  × 40,160)

= $14,558

Variable  cost per unit = $1.5  per unit

Fixed cost = $14,558

5 0
3 years ago
The Bankruptcy Abuse Prevention and Consumer Protection Act allows the bankruptcy court to disallow a petition for a Chapter 7 b
Gekata [30.6K]

The Bankruptcy Abuse Prevention and Consumer Protection Act allows the bankruptcy court to disallow a petition for a Chapter 7 bankruptcy if the individual filing for bankruptcy earns an income that is  too high to meet the standards of the means test.

<h3><u>Explanation:</u></h3>

The main aim of The Bankruptcy Abuse Prevention and Consumer Protection Act is the prevention of abuse against the process that are involved in Bankruptcy. The process that are associated with the asset liquidation is being controlled by the Chapter 7 of Title 11 U.S bankruptcy code.

The liquidation of non exempt assets to pay creditors is carried out by a trustee. There will be a discharge of the debt that remains when there is an exhaust of proceeds. If the income of an individual is too high to meet the standards of mean test , then, according to his act  the bankruptcy court to disallows a petition for a Chapter 7 bankruptcy.

5 0
3 years ago
When merchandise sold is assumed to be in the order in which the purchases were made, the company is using a.last-in, first-out
klasskru [66]

Answer:

The correct answer is letter "D": first-in, first-out.

Explanation:

A business using the first-in, first-out (FIFO) inventory valuation approach must sell, use or dispose first of all the products it produced or acquired. According to the FIFO process, the most recent assets purchased or generated are those that remain in inventory. Older stock is first removed from inventory.

6 0
3 years ago
The cpi is a measure of the overall cost of the goods and services bought by __________. a a typical consumer, and the cpi is co
REY [17]
<span>The CPI is a measure of the overall cost of the goods and services bought by a typical consumer, and the CPI is computed and reported by the Bureau of Labor Statistics. The CPI stands for Consumer Price Index. The consumer price index will measure the weighted average pricing of what a basket of goods or services is priced at. They then calculate and average these prices to see what the price will change to overtime and how consumers will react to the market change in price. </span>
7 0
3 years ago
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