Answer: Real GDP is not influenced by price changes, but nominal GDP is
Explanation:
Gross Domestic Product is the amount of final goods and services that a country produces domestically within a certain period which is usually a year.
There is Real GDP and Nominal GDP.
Real GDP is Nominal GDP adjusted for inflation while Nominal GDP is GDP for the year with current prices.
When Inflation occurs, it can have the effect of overstating the growth of an economy because it values the final goods higher than the previous period even if the economy may not have grown.
Real GDP is better therefore because it removes this inflationary effect (price change) thereby allowing us to see if indeed the Economy has grown and is producing more by standadizing the prices across the periods being compared.
<span>In a barter-based economy, transactions require that each party have something the other desires. Money increases market efficiency by serving as a common commodity everyone wants. now a transaction requires only that the seller have something the buyer desires and that the buyer have enough money to pay the seller's asking price.
</span>A barter economy refers to a cashless financial framework in which goods and products are exchanged at arranged rates. Barter-based economies are one of the most earliest, originating before fiscal frameworks and even written history. Individuals can effectively utilize barter in numerous fields. Casually, individuals regularly take part in barter and other corresponding frameworks without extremely consistently pondering.
Answer:
$250 is the answer
Explanation:
As we want to calculate here the net income which could be found from the following formula:
Net Income or Profit = Sales - Expenses
In this case the sales figure is $750 and the expenses are $500.
By putting the values we have
Net Income = $750 - $500 = $250
<span>This is called a fixed interval. Fixed intervals happen when an action is expected on a regular basis and the employees are reacting to what they know will happen each and every day. They are aware that they will be monitored at a certain time each day at the same time, a fixed interval, an they react appropriately each day because they know it is coming.</span>
Answer:
The weighted-average accumulated expenditures = $407400
Explanation:
The weighted-average accumulated expenditures = $814800 (3/12 + 2/12 + 1/12) = $814800 (6/12) = $407400