Answer:
c. only changes in prices
Explanation:
GDP deflator is used to calculate changes in price level or changes in inflation.
GDP deflator = (Nominal GDP / Real GDP) × 100
Nominal GDP is GDP calculated at current year prices.
Real GDP is GDP calculated at base year prices.
GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.
I hope my answer helps you
Aloe Vera is a very common item found in cosmetics. Such items as body lotions, creams, sunscreen, serums, and moisturizers all use aloe vera!
Answer:<em> Option (A) is correct.</em>
A basic difference between absorption and variable costing is that the absorption costing approaches fixed factory overhead as a product cost, while variable costing approaches the same as a period cost.
Where production of inventory outpaces sales, fixed factory overhead under absorption costing approach will remain on balance sheet as unsold inventory; therefore keeping the costs off of income statement until inventory is sold. Whereas; under variable costing, fixed factory overhead will be expended to the income statement in given period .
Answer:
1. A monopolistically competitive firm may be able to distinguish itself from other firms by adjusting the physical attributes of its product, by offering a distinctive level of service, or by selecting a convenient location.- True
2.Product differentiation enables a monopolistically competitive firm to have some control over the price of its product- True
3.In the long run each monopolistically competitive firm produces a level of output that results in allocative efficiency.- False
4. In the long run each monopolistically competitive firm produces a level of output that results in productive efficiency- False
5.To maintain a competitive edge and earn economic profits, a monopolistically competitive firm has an incentive to improve its product. -True
6. Compared with purely competitive markets, under monoplistic competition consumers with a diversity of tastes can benefit from the opportunity to choose from a greater range of products and services. -True
7.In order to maximize its profits, each monopolistically competitive firm must determine the price of its product, how to differentiate its product, and how much it will spend on advertising.True
Explanation:
$60, because 4 percent of 300 is 12, and 12*5 years is $60 earned through interest.
The answer is 60.
