Answer:
GDP Price Deflator
Explanation:
GDP price deflator is a measure of the general changes in the price level of all the finished goods and services in a country in a period. While GDP is a measure of the total output in an economy, the GDP price deflator shows the extent to which prices changed in a period. In proving the effects of price changes, the GDP deflator identifies a base year then compares the current prices to base year prices.
The GDP price deflator allows economists to compare the GDP of different periods while considering the inflation between those periods. It does this by comparing the nominal GDP with the real GDP.
Answer: the answer is 90.0
Explanation:
From the question above, we are given:
G = 11
I = 4
X = M = 0
Consumption function is:
C = k + cY
Where:
k = 3
c = 0.8
The GDP of a nation is given as:
Y = C + I + G + NX
By imputing the values into the GDP equation, we have:
Y = k + cY + 4 + 11 + 0
Y = 3 + 0.8Y +15
Y - 0.8Y = 18
0.2Y = 18
Y = 90.0
Answer:
The multiple choices are:
a.$15,000,000
b. $14,000,
c. $13,750,000
d. $0
The correct option is D,$0
Explanation:
The city by all standards should have adopted a modified accrual basis of accounting where amounts owed in terms of principal and interest payments are not recorded in the necessary books of accounts until they become due.
As at 30,2020,the amount due in respect of the loan has been recorded and paid off,hence as at 31st December,2020,no amount is due in respect of the general obligation bonds issued,hence no recording would be effected until next obligation date when the amount to be paid is due
Answer:
$66,000
$304,000
Explanation:
The computation is shown below:
Total implicit cost is
= Job left cost + forgone the return on investment
= $60,000 + $100,000 × 6%
= $60,000 + $6,000
= $66,000
And, the total cost is
= explicit cost + implicit cost
= $50,000 + $180,000 + $8,000 + $66,000
= $304,000
We simply applied the above formulas so that the correct values could come
