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Elena-2011 [213]
3 years ago
6

Real GDPa.is the current dollar value of all goods produced by the citizens of an economy within a given time. b.measures econom

ic activity and income. c.is used primarily to measure long-run changes rather than short-run fluctuations. d.All of the above are correct.
Business
1 answer:
Gre4nikov [31]3 years ago
3 0

Answer:all of the above are Correct (D)

Explanation:

Real GDP is a macro economic statistics that measure the value of the goods and services produced by an economy in a specific period , adjusted for inflation. Government use both minimal and real GDP as metrics for analyzing economic growth and purchasing power over time.

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Jacob wants to invite 20 friends to his birthday, which will cost his parents $250. If he decides to invite 15 friends instead,
ehidna [41]
The answer would be 187.50

250 $ for 20 friends would be $12.50 per friend. So, 12.5 x 15 = $187.50
4 0
2 years ago
Barter is the exchange of goods and services for goods and services without the use of money. any exchange, with or without the
murzikaleks [220]

Answer:

c. the exchange of goods and services for goods and services without the use of money

Explanation:

Barter the exchange of goods and services for goods and services without the use of a medium of exchange such as money.

In a barter, money doesn't change hands.

An example of a barter- I want a pair of shoes worth $30. I see someone that has the shoes but wants textbooks worth $30. I have these textbooks. I give him the textbooks and he gives me the shoes.

I hope my answer helps you

8 0
3 years ago
Read 2 more answers
Medication is the most common treatment for seizure disorders.
Arada [10]
I don’t understand what is the question?
6 0
3 years ago
Read 2 more answers
he Acmeville Metropolitan Bus Service currently charges $0.99 for an all-day ticket, and has an average of 433 riders a day. The
DedPeter [7]

Answer:

2.77

the bus company should  decrease price to increase revenues.

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

percentage change in price = 1.21 / 0.99 - 1 = 0.222 = 22%

Percentage change in quantity demanded = 169 / 433 = -0.6097 = - 60.97%

Elasticity of demand = 60.97% /  22% = 2.77

Demand is elastic, so if price in reduced, there would be a rise in quantity demanded that would exceed the rise in price. This would increase revenues

3 0
3 years ago
Prior to May 1, Fortune Company has never had any treasury stock transactions. A company repurchased 140 shares of its common st
Ratling [72]

Answer: $70

Explanation:

First, we need to calculate the purchase price per share and this will be:

= Purchase amount / Number of shares bought

= $7000 / 140

= $50 per share

Therefore, the balance in the Paid-in Capital, Treasury Stock account on August 2 will be:

= [70 × ($52 - $50)] + [70 × ($49 - $50)]

= (70 × $2) + ($70 × $-1)

= $140 - $70

= $70

4 0
3 years ago
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