The correct answer is A. During 2009 real GDP in Viloxia grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.
Given that in 2009, the imaginary nation of Viloxia had a population of 5,000 and real GDP of 500,000, and in 2010 it had a population of 5,100 and real GDP of 520,200, to determine the growth of real GDP in Viloxia during 2009, the the following calculations must be made:
- Total GDP / population = real GDP
- 500,000 / 5000 = X
- 100 = X
- 520,200 / 5100 = X
- 102 = X
- 102 - 100 = 2
Therefore, during 2009 Viloxia's GDP grew by 2 percent, which is about the same as average U.S. growth over the last one-hundred years.
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Answer:
d.Expenses for travel as a form of education are not deductible.
Explanation:
Expenses in the nature of travel, are not allowed while the travel might be for the purpose of education.
This is because it is not in the nature of direct expense.
As the expense for the purpose of business which are important for the business to pursue in a more positive manner is preferable and essential for the business.
As extra education and knowledge provide excellence to perform the task for which knowledge is acquired.
Answer:
FACE TO FACE
Explanation:
If Nick cares a great deal about his employees and wants to convey this information in the best way possible, then the medium Nick should use to tell his employees that they're fired is the 'Face to Face' method which means announcing to them in Person.
The following reasons are why:
1. Shock Reduction. If a worker is being fired, that worker will receive such a news with negative shock which will be more severe if done in writing.
2. Clarity and Conciseness: Firing someone always comes with some level of confusion which can be adequately managed if done on a personal familiar level.
3. Emotional Management: Face to face information helps the manager to manage the emotions of sad feelings and give the employees a soft landing.
Answer:
Strategic Planning
Explanation:
Strategic plan accounts for long term <em>goals </em>and <em>vision</em> of a company. While planning strategically, leaders draw the road map for their company which solves <em>how-to questions</em> in achieving those goals. Moreover, through their set priorities, the company's <em>value</em> and <em>vision</em> would also be sorted out. As there are multiple planning dimensions, strategic planning can be differentiated from the others by identifying these 2 factors.
- Time Horizon: Strategic planning is done for the long term usually for 5-6 years.
- Formation of plan: Within the hierarchy of an organization only high-level leaders are the ones responsible to come up with strategic planning.
Answer: nominal GDP divided by real GDP
Explanation:
The gross domestic price index is also referred to as the gross domestic price deflator and it is used to measure the level of prices new goods and services that are domestically produced in an economy taken into consideration of inflation or deflation.
The gross domestic price index or the gross domestic price deflator is calculated as the nominal GDP divided by the real GDP.
