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Colt1911 [192]
3 years ago
10

Consider the following simple economy that produces only three​ goods: 2009​ (Base Year) 2017 Product Quantity Price Quantity Pr

ice Denim pants 80 ​$40 100 ​$50 Wine 90 11 80 10 Textbooks 15 90 20 100 Real GDP in 2017 equals ​$?
Business
1 answer:
OLEGan [10]3 years ago
4 0

Answer:

Real GDP 2017 = $6.680

Explanation:

First of all you have to calculate the GDP in 2009

80 * $40= $3.200  

90 * 11 = $990  

15 *90 = $1.350  

GDP 2009 = $5.540  

Now you have to calculate the GDP with the quantities of 2017 and the prices of 2009:

100 * $40 = $4.000  

80 * $11 = $880  

20 * $90 = $1.800

Real GDP 2017 = $6.680

Now you know the real GDP in the year 2017, without the effect of the inflation that is the variation of the prices through the years, and as you can see the real GDP is greater than the GDP 2009 .

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For all practical purposes, listed stock options always expire
inn [45]

Answer:

The correct answer to the following question is option C) stock options would expire on the third Friday of the expiration team .

Explanation:

Options are those type of derivatives, whose value can be derived from the underlying value of the securities and it is a type of contract between buyer and seller where they have the right to buy ( call option ) and sell ( put options ) the asset at a predetermined price and time but it is not an obligation. The stock options expires usually on the third Friday of the expiration month .

8 0
3 years ago
Job __________ is to increasing variety by moving employees from job to job, as job _______ is to increasing variety by combinin
Valentin [98]

Job enrichment increases variety by integrating a series of tiny jobs into one new, bigger job, whereas job enlargement increases diversity by shifting personnel from job to job.

<h3>What are job enlargement and enrichment?</h3>

Job enlargement refers to broadening the scope of a job by extending the range of job duties and responsibilities on the same level and in the same area.

Position enlargement entails combining different operations at the same organizational level and adding them to an existing job.

Therefore, the first fill-up enlargement, and the second fill-up enrichment.

Check out the link the below to learn more about Job enlargement,

brainly.com/question/15024987

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3 0
2 years ago
Steve and Hillary can mow the lawn in 60 minutes if they work together. If Hillary works three times as fast as Steve, how long
Katena32 [7]

Answer:

Steve will take 240 minutes or 4 hours.

Explanation:

Steve and Hillary can mow a lawn in 60 minutes by working together. However, Hillary works three times faster than Steve.

Let's assume Steve takes takes x minutes to mow alone.

This implies that Hillary can mow alone in x/3 minutes.

In a minute, Steve can mow 1/x of the lawn, so this means Hillary can mow 3/x of the lawn.

In a minute together then can mow,

= \frac{1}{x} + \frac{3}{x}

= \frac{4}{x}

In 60 minutes they can mow

= \frac{4}{x} \times 60

= \frac{240}{x}

This means that it takes 4 hours for Steve to mow the lawn alone.

6 0
3 years ago
Read 2 more answers
Joan bought a business machine for $15,000. In a later year, she sold the machine for $12,800 when the total allowable depreciat
Lady_Fox [76]

Answer:

2,200

Explanation:

15,000 - 12,800 = 2,200

3 0
3 years ago
Suppose an oligopolistic producer assumes its rivals will ignore a price increase but match a price cut. In this case the firm p
andreyandreev [35.5K]

Answer: C) demand curve as kinked, being steeper below the going price than above.

Explanation:

For an oligopolistic producer, who assumes that its rival would ignore a price increase but match a price cut, the perception of the firm about it demand curve is that it would be kinked, being steeper below the going price than above.

6 0
3 years ago
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