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
stiks02 [169]
3 years ago
15

The gdp deflator can be used to calculate the inflation rate. True or False

Business
1 answer:
muminat3 years ago
3 0

Answer:

The answer is: TRUE

Explanation:

The inflation rate can be calculated using both the consumer price index (CPI) and the GDP deflator rate. But the CPI is used more frequently since it shows how the prices for consumer goods and services change.

The GDP deflator = (nominal GDP / real GDP) x 100

you can calculate inflation rate between years 1 and 2 using the following formula:

= [(GDP deflator year 2 - GDP deflator year 1) / GDP deflator year 1] x 100

You might be interested in
Samantha’s paper fits her audience and thesis but doesn’t match the purpose. which stage of the fact strategy applies
Alina [70]
The answer to the question above is FIT. The stages of the FACT strategy include fit, add, cut out, and test. In this case, the one that fits Samantha's situation is fit. In the FACT strategy in writing, this is when the topic relates to its audience and thesis, but then, it deviates to what the real purpose of the writing is all about. 
4 0
4 years ago
A jewelry manufacturer incurred the following costs: 15,000 units produced with costs of $557,500, and 5,000 units produced with
pav-90 [236]

Answer:

Y=$160,000+$26.50X

Explanation:

Variable Cost = $26.50

Fixed Cost = $160,000

cost formula would you estimate using the high-low method : Y=$160,000+$26.50X

3 0
3 years ago
Jake pays the following amounts to his former spouse during the current year: Regular alimony payments $12,000 Child support 10,
Nady [450]

Answer:

  • Divorce after 2020 = Alimony is $0
  • Divorce before 2020 = Alimony is $12,000

Explanation:

If the divorce occurred before 2020 then the spouse paying the alimony can deduct it from their taxes and the person receiving it has to include it in their income. If the divorce of Jake and his spouse was before 2020, he will be able to include the full $12,000 as a deduction.

In 2020, new regulation came into effect that meant that couples divorcing from thence will not be able to deduct alimony so Jake's deduction would be $0 if they divorced in 2020 and onwards.

5 0
3 years ago
A family is the basic unit of a consumer sector.<br><br> Question 6 options:<br> True<br> False
aleksklad [387]

Answer:

True

Explanation:

A household is composed for the persons that live inside a house, apartment, or room. it is the basic unit of a consumer or private sector

3 0
3 years ago
Read 2 more answers
Nadira stood outside the mall and asked people which stores they visited and if they bought anything. If they said yes, she aske
AlexFokin [52]

Answer: In-depth interview.

Explanation:

Nadira engaged the buyers at the mall in in-depth interview to gather information on the buyers behavior. An in-depth interview is a form of information gathering that involves, a one-on-one interaction between two people, where one person ask some set of questions and the other person offers sincere answers to questions asked.

8 0
3 years ago
Other questions:
  • What is the concept the people may decide what and when they want to buy and sell called?
    11·1 answer
  • Garage corp. uses a traditional production environment. its competitor uses lean production and just-in-time (jit) manufacturing
    8·1 answer
  • Item 15 write a function that represents the situation. find the balance a in the account after the given time period t. $2000 d
    11·1 answer
  • The following transactions are July activities of Bill’s Extreme Bowling, Inc., which operates several bowling centers. a. Bill'
    8·1 answer
  • When determining whether to shut down in the short run, a competitive firm should ignore (i) fixed costs. (ii) variable costs. (
    13·1 answer
  • To spur trade, Cormoran, Brithea, and Asmakush decided on economic integration where there were no barriers to trade between the
    6·1 answer
  • Mary Beth is thinking of marketing a new energy drink. Her target market will be parents of young children who need an energy bo
    7·1 answer
  • C&amp;A Dairy uses 600 pounds of milk per day to make ice cream. On average, C&amp;A Dairy uses 3 pounds of milk to make one gal
    12·1 answer
  • If an international firm has a multidomestic strategy and a relatively high level of product diversity, the best choice for its
    8·1 answer
  • When selecting a savings account, you should consider the interest threshold.<br> O True<br> O False
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!