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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

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Bruin Company reports current E&P of $200,000 in 20X3 and accumulated E&P at the beginning of the year of $100,000. Brui
Kipish [7]

Answer:

B. $300,000

Explanation:

For computing the dividend, the computation is shown below:

= Current E&P + accumulated E&P at the beginning of the year

= $200,000 + $100,000

= $300,000

The dividend is $300,000 which is less than the distributed amount i.e $400,000 So, the distribution of dividend is only $300,000 ,not the $400,000 and the same is considered.

6 0
3 years ago
A contract in which a buyer takes goods primarily for resale, with a right to return any goods that fail to sell, is a sale on a
Jobisdone [24]
<span>This question is actually false. The type of contract described is actually a Sale or Return. When negotiating a Sale or Return, it is useful to define a period in which the goods will be returned if they are not satisfactory. It is also useful to have a requirement that the goods be returned unaltered and undamaged.</span>
7 0
3 years ago
One way of reducing fall hazard is to keep floors clean and dry.what else can be done to reduce the hazard?
steposvetlana [31]

keep people out of the area that is wet if possibile

8 0
3 years ago
What is a benefit for working in the modern manufacturing industry?
maw [93]

Answer:

a. competitive salaries

7 0
3 years ago
A type of production that yields customized products or services for each customer is called
victus00 [196]

Answer:

b. Job order production.

Explanation:

Job order production is the process of manufacturing non-standard or unique products for specific customers. Sometimes making a job order production is also called making a work order or making it an individual order, because each order or work is an order placed by the customer. In most cases, custom jobs are created only once. Many manufacturers specialize in mass production of custom products. Buyers come to the manufacturer with a special design or product, and the manufacturer develops and creates an individual product.

A customer-oriented production puts customer satisfaction at the center of each of its business decisions. Customer focus is defined as an approach to sales and customer relations, in which employees focus on helping customers meet their long-term needs and desires. Here, management and employees coordinate their individual and team goals in order to satisfy and retain customers. This contrasts, in particular, with a focus on sales, which is a strategic approach when the needs and desires of a company or seller are evaluated in relation to the client.

Just in Time production is an inventory strategy developed to increase production and productivity. All production processes (in-progress cost) and the type of production taking into consideration the time criteria in order to minimize the associated sub-costs are derived from the Japanese Kanban system. During production, it determines the order of work by considering the production of the next process. This strategy, which states that the order level is reached in the storage process and that the order must be met after this point, provides the most efficient storage volume and production continuity. In short, just in time, the demand is to produce as soon as possible with excellent quality and transport it to the right place at any time.

Job lot production is a production futures contract whose trading volume is below the level required by normal operations. These contracts or lots are available to add liquidity to futures exchanges by allowing smaller "participants" to enter the market.

Process production is a system from production in which a product goes through several processes or stages from production, which will be operated on a more continuous basis; for example, in oil refineries and petrochemical plants, where these processes include liquid or semi-solid materials. In the production of the main product, they say, gasoline, from such in the production process, by-products such as tar or creosote can inevitably arise.

5 0
3 years ago
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