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
____ [38]
3 years ago
7

The total value of commodity A produced in Country X increased from​ $500,000 in 2011 to​ $700,000 in 2012. According to​ Laura,

a student of​ economics, the share of commodity A in real GDP of 2012 should be higher than that of 2011.
Which of the​ following, if​ true, would strengthen​ Laura's argument?

A.

Only a fraction of commodity A produced in 2012 was consumed in the same year.

B.

The total amount of inputs used in the production of commodity A was higher in 2011 than in 2012.

C.

The scale of production in 2012 was smaller than in 2011.

D.

The average price level in the economy remained stable over the two years.

E.

The quantity of commodity A produced in 2011 was higher than in 2012.
Business
1 answer:
guajiro [1.7K]3 years ago
4 0

Answer:

D. The average price level in the economy remained stable over the two years.

Explanation:

Real GDP is a GDP measured using the price of a certain base year as opposed to GDP measured at current prices known as nominal GDP. GDP at current prices may be affected by inflation or deflation and must be deflated if the economy is experiencing inflation. The value of $700,000 for commodity A in 2012 is supposed to deflated to remove the effect of inflation and the value will come back to 2011 value of $500,000 , but if the price level is fairly stable the GDP deflator can not bring it back to $500,00, but some higher value.

You might be interested in
A financial institution has entered into an interest rate swap with company X. Under the terms of the swap, it receives 10% per
sergij07 [2.7K]

Answer:

The loss of the financial institution is $413,000

Explanation:

Let's say that after 3 years the financial institution will receive:

0.5 * 10% of $10million

= 0.5 * 0.1 * 10000000

= $500,000

Then, they will pay 0.5 * 9% of $10M

= 0.5 * 0.09 * 10000000

= $450,000

Therefore, their immediate loss would be $500000 - $450000

= $50000.

Let's assume that forward rates are realized to value the rest of the swap.

The forward rates = 8% per annum.

Therefore, the remaining cash flows are assumed that floating payment is

0.5*0.08*10000000 =

$400,000

Received net payment would be:

500,000-400,000= $100,000. The total cost of default is therefore the cost of foregoing the following cash flows:

Year 3=$50,000

Year 3.5=$100,000

Year 4 = $100,000

Year 4.5= $100,000

Year 5 = $100,000

Discounting these cash flows to year 3 at 4% per six months, the cost of default would be $413,000

4 0
3 years ago
E-Gadgets is a chain of electronics stores that specializes in devices and gadgets incorporating cutting-edge technologies. The
IgorLugansk [536]

Answer:

The correct option is C) place utility

Explanation:

Place utility is the utility which is created for a product by making that product available to near by locations of the customers so that they can easily get access to those products. Same strategy is being applied in the question by E-gadgets , who are making their stores available to such locations , where their customers ( upper middle class and wealthy neighborhoods) can get access to the products easily( less than 15 minutes in the given case).

5 0
2 years ago
Although a sales representative may skip a step in the personal selling process or might sometimes have to go back and repeat st
Verdich [7]

Answer: c. closing the sale is the final—and most satisfying—part of the process.

Explanation:

Closing the sale is NOT the final part of the process but rather the FOLLOW-UP.

And like option e in the question shows, following up can lead to more sales for the representative because following up can guage customer satisfaction and if the customer is satisfied, they could become loyal and recurrent customers.

5 0
3 years ago
The holder of a life estate has the right to use property for whatever purpose he or she sees fit without regard to the rights o
hjlf

Answer:

The statement is: False.

Explanation:

A life estate comprehends the property that someone owns during a lifetime. The benefit of a life estate is that property will transfer without the need of the beneficiary appearing in the will after the holder is deceased. They cannot put the property on sale until the holder's decease, though. As well, holders cannot do anything at will without consulting their simple-fee owners.

4 0
3 years ago
Yellow​ Press, Inc., buys paper in​ 1,500-pound rolls for printing. Annual demand is 3 comma 000 3,000 rolls. The cost per roll
GenaCL600 [577]

Answer:

59 orders

Explanation:

For computing the how many rolls should order at a time, first we have to determine the economic order quantity which is shown below:

The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

where,

Carrying cost = $875 × 20% = $175

And, other items values would remain the same

ow put these values to the above formula

So, the value would be equal to

= \sqrt{\frac{2\times \text{3,000}\times \text{\$75}}{\text{\$175}}}

= 50.71 units

Now The number of orders would be equal to

= Annual demand ÷ economic order quantity

= $3,000 ÷ 50.71 units

= 59 orders

7 0
3 years ago
Other questions:
  • A company’s shipping division (an investment center) has sales of $2,560,000, net income of $844,800, and average invested asset
    11·1 answer
  • If demand for a product is inelastic, what would you predict will happen to the demand when it's price rises?
    7·1 answer
  • Why are most businesses considered small?
    15·1 answer
  • When selecting smallwares to use in the kitchen a manager must be sure?
    10·1 answer
  • On january 1, 2012, water world issues $25 million of 6% bonds, due in 20 years, with interest payable semiannually on june 30 a
    15·1 answer
  • Managers have to decide when to make decisions themselves and when they should involve a group. part of that decision should be
    15·1 answer
  • What is the difference between a price floor and a price ceiling?
    5·2 answers
  • Write some similarities between health workers, engineer and teacher​
    5·1 answer
  • What is one major problem created by globalization?
    13·1 answer
  • Desmond has a signed listing agreement with his clients, the Harpers. In exchange for helping the Harpers list, market, and sell
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!