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slavikrds [6]
3 years ago
12

Alternative price indexes

Business
1 answer:
cluponka [151]3 years ago
6 0

Answer:

-value of all goods and services produced in the economy this year

-this year's prices

-value of all goods and services produced in the economy this year

-the base year's prices

-bought by consumers

-the first scenario would have effect on the GDP deflator

-the second scenario would have effect on the GDP deflator

Explanation:

The GDP deflator is used in measuring inflation in the economy by measuring changes in prices of goods in the economy. It is used together with other indices such as consumer price index in arriving at a more accurate or balanced measurement of inflation I'm the economy. The GDP deflator would be affected above because it is more comprehensive in it's calculation or measurement as it doesn't take into account only a basket of goods and services like the Consumer price index does

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After you've finished the presentation, practice giving it.

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1 year ago
Compute the total manufacturing cost for a manufacturer with the following information for the month. Raw materials purchased $
Galina-37 [17]

Answer:

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Explanation:

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Cost of good manufactured= Beginning work in progress+ direct materials of the period + direct labor + manufactured overhead - ending work in progress

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Option C        

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Sommer Corporation began the year with cash of $130,000 and land that $55,000. During the year Sommer earned service revenue of
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Answer:

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