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
Svetlanka [38]
3 years ago
11

A decrease in the price of domestically produced industrial robots will be reflected in Group of answer choices both the GDP def

lator and the consumer price index. neither the GDP deflator nor the consumer price index. the GDP deflator but not in the consumer price index. the consumer price index but not in the GDP deflator.
Business
1 answer:
LuckyWell [14K]3 years ago
7 0

Answer:

the GDP deflator but not in the consumer price index

Explanation:

GDP deflator is the ratio of : Nominal GDP (value of goods & services at current prices) to Real GDP (value of goods & services at constant prices), multiplied by 100.

It reflects change in price level of all domestically produced final goods in an economy, during given years.

Consumer Price Index (CPI) indicates price change in market basket of consumer goods & services purchased by households. It is statistically measured based on weighted average of various market basket commodities.

A decrease in price of domestically produced industrial robots : will effect (reduce) GDP deflator, as it includes all final goods & services. But it will not effect CPI as it includes only household consumer goods.

You might be interested in
The old Soviet Union devoted enormous resources exclusively to increasing its physical capital​ stock, and yet eventually the in
GrogVix [38]

Answer:

In the absence of technological​ innovation, massive capital investments yielded diminishing marginal returns.

Explanation:

The economy of the Soviet Union was a command economy where the government decided how resources would be allocated. The four factors of production are land, labor, capital and entrepreneurship. In a command economy, entrepreneurship is virtually nonexistent, so that leaves three factors: land, labor and capital.

The government allocated a lot of resources into increasing the capital factor, but capital factor will always yield diminishing marginal returns unless new technological innovations are developed. During many years, the Soviet Union was the technological leader of the world, but as time passed and with a complete absence of entrepreneurship, technological advances halted.

5 0
3 years ago
How do you feel about the pandemic? Vaccinations? Masks?
nlexa [21]

Answer: Pandemic: awful. Vaccine: useful; get it. Masks: not really required, your still breathing your air, just through tiny gaps in fabric.

Explanation:

just my opinion.

5 0
3 years ago
Read 2 more answers
The difference between a​ business's revenues and its expenses is known as its​ _______.
Dominik [7]
The difference between a business revenues ans its expenses is known as its profits
6 0
3 years ago
What term refers to the United States’ sale of steel to Germany?
aleksklad [387]
The answer would be : B. business

Business refer to an activity in which an entity provides goods or services to the consumers. In this case , The united states is the entity , Steel is the Goods, and Germany is the consumer 
3 0
3 years ago
Read 2 more answers
Which type of portfolio might a young investor who is not afraid of risk choose? A
Nataliya [291]
A diversified portfolio of small-cap growth stocks would not be appropriate for an investor nearing retirement, a young investor is better equipped to take on that risk and can take advantage accordingly. <span>I hope my answer has come to your help. God bless and have a nice day ahead!

</span>
6 0
3 years ago
Other questions:
  • Deer Lake Inc. uses a job order costing system with manufacturing overhead applied to products at a rate of 150% of direct labor
    9·1 answer
  • A company's business model:______a. is management's blueprint for how it will generate revenues sufficient to cover costs and yi
    5·1 answer
  • Which of the following is not included in U.S. GDP? Question 3 options: additions of newly produced output to inventory producti
    12·1 answer
  • Katie wants to order a new shirt online. What should she do once she gets to the store's website?
    15·1 answer
  • Sheridan Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is avai
    7·1 answer
  • Under the allowance method, a.bad debt expense is recorded when specific customer accounts are determined to be uncollectible. b
    11·1 answer
  • Given the ethical lapses that are prevalent today in our businesses, what can be done to restore trust in the free-market system
    14·1 answer
  • If C(x) is the cost of producing x units of a commodity, then the average cost per unit is c(x) = C(x)/x. Consider the cost func
    5·1 answer
  • The purpose of using a balanced scorecard is for Multiple Choice companies to keep track of their wins and losses. companies to
    14·1 answer
  • Instead of investing a lump of sum of $25000,Brittany Royer decides to svae the money in a vault for 2years. Assuming the inflat
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!