Me and my sister are in high school, and need tutoring in geometry and algebra 2, could she help?
Answer:
the current value fo $1,000 is $1,011.22
Explanation:
The computation of the current value of $1,000 is shown below:
Current value
= Price × (Current CPI ÷ Reference CPI) × 100
= $1,000 × (205.47 ÷ 203.19)
= $1,011.22
We basically applied the above formula so that the current value would come
Hence, the current value fo $1,000 is $1,011.22
Answer:
No, Alabama can't make you come back. But that is just my opinion. Please don't listen to me
Answer:
a. Janice must adjust the total value 2018 GDP for inflation.
Explanation:
Gross domestic product is defined as the amount of goods and services produced by a country in a particular period. It is a measure of economic growth of the country.
Real GDP is calculated from GDP by adjusting for inflation of deflation. Real GDP gives a more clear picture of the economy since it considers the reality of inflationary effect on prices.
For example when prices go up and GDP is used, it will seem the country is producing more. Which is a wrong assumption.
Real GDP give a more accurate insight into a countrie's productivity.