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2 years ago

A simple economy produces two goods, Corn BreadCorn Bread and SoftwareSoftware.

Business

1 answer:

Verdich [7]2 years ago

6 0

Answer:

Consider the calculations below

Explanation:

(1) Nominal GDP, year 2 ($) = Sum of (Year 2 price x Year 2 quantity)

= 125 x 1.5 + 825 x 90

= 187.5 + 74,250

= 74,437.50

(2) Real GDP, year 2 ($) = Sum of (Year 1 price x Year 2 quantity)

= 1 x 125 + 45 x 825

= 125 + 37,125

= 37,250.00

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Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing

Mashcka [7]

Answer:

The financial securities would decline by $106.7

Explanation:

Given

Financial securities at a geometric rate= $128

Underlying Security Asset = $14

Decreased value of the underlying asset = $6

When there's a reduction of $6 in the underlying asset price, this means the securities value will also get a reduction by a ratio of 6.

Because of this, we'll only consider the financial securities because it increases at a geometric progression unlike underlying assets that increases by arithmetic progression.

First, the value of financial securities needs to be calculated using the following formula;.

Value of Financial Securities = Financial securities at a geometric rate ÷

Decreased value of the underlying asset

Value of Financial Securities = $128 ÷ 6

Value of Financial Securities = $21.3

Tthe decline value of the financial securities is calculated as follows:

Decline Value = Financial securities at a geometric rate - Value of Financial Securities

Decline Value = $128 - $21.3

Decline Value = $106.7

Hence, the financial securities would decline by $106.7

6 0

2 years ago

Moral entrepreneurs people who wage moral crusades to control criminal law are a part of which view of crime?

Sindrei [870]

Moral entrepreneurs people who wage moral crusades to control criminal law so that it reflects their own personal values. Criminals are driven by unconscious thought patterns, developed in early childhood, that control behaviors over the life course.

4 0

2 years ago

Holton Company has the following equivalent units for July: materials 20,000 and conversion 18,000. Production cost data are:

miskamm [114]

Answer:

$3.55; $3.13

Explanation:

Calculation to determine what The unit production costs for July are:

Using this formula

Unit product cost = (Beginning work in progress + Cost added) / Number of units

MATERIALS

Unit product cost=($8000+$63,000) / 20,000 units

Unit product cost=$71,000/20,000

Unit product cost=$3.55

CONVERSION

Unit product cost = ($3750+$52500) / 18,000

Unit product cost=$56,250/18,000

Unit product cost=$3.125

Unit product cost=$3.13 (Approximately)

Therefore The unit production costs for July are:$3.55; $3.13

6 0

2 years ago

1. Which of the following accounts are NOT likely appear in a job order cost system of a service business

Burka [1]

A finished Goods account would most likely not appear in a job order cost system of a service business.

Finished Goods are products that are at a stage in the manufacturing process that is readily available to consumers. Businesses use formulas to calculate finished goods and products to create inventory percentages that determine the value of the goods sold.

The cost of the finished product includes all costs along the way and includes the three main components used in the production of the goods: direct labor, direct materials, and overhead costs. In addition, storage costs will be incurred when purchasing finished products.

Learn more about finished Goods here brainly.com/question/13767214

#SPJ4

8 0

1 year ago

Opportunity costs refer to_____________.

Mamont248 [21]

Answer:

D. trade-offs associated with financial decisions.

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

Let's assume Martin can produce either 5 jeans or 10 shirts in one hour. If Martin decides to produce jeans instead, his opportunity cost are the shirts he trades off when he decided to produce jeans.

I hope my answer helps you

4 0

2 years ago