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Tanzania [10]
3 years ago
9

Suppose the country of Altaria only produces one good, pink tutus. Last year, nominal GDP was $50,000 and this year it is $200,0

00. What can we definitively conclude?
A. Output in Altaria quadrupled
B. The rate of unemployment decreased
C. Standard of living in Altaria increased
D. All of the above.
E. None of the above.
Business
1 answer:
Helga [31]3 years ago
3 0

Answer:

E. None of the above

Explanation:

because the price level is not known, we can not tell definitely that the output is increased or unemployment is decreased or standard of living is increased .

Therefore, we cannot conclude on anything.

​

You might be interested in
How much can Azco Autosystems, Inc., afford to spend on an energy management system if the software will save the company $21,30
ivann1987 [24]

The amount that that  Azco Autosystems, Inc.,  can afford to spend on an energy management system is $80,744.

<h3>Present value</h3>

Using this formula

Present Value = A(P/A, 10%, 5)

Where:

A=$21,300

(P/A, 10%, 5)=3.79079

Let plug in the formula

Present Value = 21,300 (P/A, 10%,5)

Present Value = 21,300 (3.79079)

Present Value =80,743.8

Present Value = $80,744 (Approximately)

Inconclusion the amount that that  Azco Autosystems, Inc.,  can afford to spend on an energy management system is $80,744.

Learn more about present value here:brainly.com/question/15904086

4 0
2 years ago
A. by how much will gdp change if firms increase their investment by $11 billion and the mpc is 0.9?
Sliva [168]

Answer:

The answer is <u>"$110 billion".</u>

Explanation:

Firms increase their investment by $11 billion

mpc = 0.9

gdp = ?

To find the gdp, first we have to find expenditure multiplier;

we will find that by using the formula;

expenditure multiplier = 1/(1-0.9) = 1/0.1 = 10

Now gdp = 10 x $11 billion

= $110 billion

Thus the <u>gdp is $110 billion.</u>

6 0
3 years ago
Joe's Juice Shop operates in a monopolistically competitive market. Joe's is currently producing where its average total cost is
mars1129 [50]

Answer:

decrease and average total cost to increase

Explanation:

Based on the information provided within the question it can be said that in this scenario we would expect Joe's output to decrease and average total cost to increase. This is mainly due to the fact that Joe's Juice Shop is in a monopolistically competitive market meaning that one company controls and dominates the entire market which will ultimately put Joe's Juice Shop out of business.

7 0
3 years ago
Read 2 more answers
Keystone predators can maintain species diversity in a community if they
Vikki [24]

Answer:

The options are given below:

A) competitively exclude other predators.

B) prey on the community's dominant species.

C) allow immigration of other predators.

D) reduce the number of disruptions in the community.

E) prey only on the least abundant species in the community.

the correct option is B

Explanation:

Keystone species refers to a predator which prevents a particular herbivorous species from wiping out the dominant plant species. If the number of prey are low, the keystone predators can be less abundant and still be effective. Keystone species have a disproportionately large effect on its environment relative to its abundance.

Therefore, by preying on a community's dominant species, keystone predators help to maintain the species diversity in the community, because they ensure that the dominant predators do not totally wipe out the various organisms present in the ecosystem.

4 0
3 years ago
g Jill has a balance of $866,000 in her retirement savings account. She expects to retire in 8 years. She will not save any addi
lubasha [3.4K]

Answer:

$69,378.96

Explanation:

The first step is to determine the future value of Jill's balance

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

$866,000(1.09)^8 = $1,725,559.25

the second step is to determine the future value of the balance in Bob's account

$482,000(1.09)^8 = $960,415.19

The difference between Jill and Bob's future value amount is 765,144.06. this has to be the future value of bob's yearly savings

yearly savings = 765,144.06.  / annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

(1.09^8 - 1) / 0.09 = 11.028474

765,144.06.  /  11.028474 = $69,378.96

5 0
3 years ago
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