1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vanyuwa [196]
3 years ago
5

The Great Depression was the worst economic disaster in U.S. history in terms of declines in real GDP and increases in the unemp

loyment rate. Use the data in the following table to calculate the percentage decline in real GDP between 1929 and 1933.
Year Nominal GDP Billions of Dollars GDP Price Deflator (yr 2000 = 100)
1929 103.6 11.9
1933 56.4 8.9

Real GDP changed by _____% over the 4 year period between 1929 and 1933. Enter a percentage value rounded to one decimal place. Include a minus sign if necessary.
Business
1 answer:
KatRina [158]3 years ago
3 0

Answer: -27.2%

Explanation:

The Real GDP can be calculated using the formula for calculating the Price Deflator which is the current price level for the year.

Price Deflator = (Nominal GDP / Real GDP) * 100

Real GDP = (Nominal GDP/ Price Deflator ) * 100

1929

= (103.6/11.9 )* 100

= $870.588

1933

= (56.4/8.9) * 100

= $633.70787

Percentage Change

= (870.588 - 633.70787) / 870.588

= 0.272

= -27.2%

GDP changed by -27.2% over the 4 year period between 1929 and 1933

You might be interested in
Any agreement should, as a part of the services provided, allow your organization to __________ your disaster recovery plan. Sel
eimsori [14]

Answer:

The correct answer is A. Test.

Explanation:

A test is different from an experiment: Before performing a test, there is an expected result. The test is performed to show this result. In an experiment, the result is open. Very often, tests are performed as part of an experiment.

8 0
3 years ago
On June 15, Oakley Inc. sells inventory on account to Sunglass Hut (SH) for $4,500, terms 4/10, n/30. On June 20, SH returns to
Georgia [21]

Answer: $3360

Explanation:

Based on the information given in the question, the amount of cash paid by SH to Oakley will be calculated as thus:

SH will be entitled to a discount of 4% since the payment was made within the discount period, therefore, the discount that is applicable will be:

= $4500 - $1000

= $3,500

Therefore, the amount of cash payment that is made by SH to Oakley will be:

= $3,500 - (4% × $3,500)

= $3500 - (0.04 × $3500)

= $3500 - $140

= $3360

Therefore, the amount of cash paid by SH to Oakley is $3360.

7 0
3 years ago
What percentage of the 27.3 million businesses in the united states are small companies with less than 500​ employees?
Strike441 [17]
<span>Of the over-27 million businesses, only 18,500 employ over 500 employees. 18,500/27.3mil = 0.0678%, so subtracting that from 100% leaves 99.9322% of all companies having a workforce under 500 employees. These are the "small businesses."</span>
3 0
3 years ago
End item A requires three component parts: B, C, and D. The BOM indicates that for each completed A, 1 unit of B, 2 units of C,
I am Lyosha [343]

Answer:

30 in total

Explanation:

In order to calculate how many items A we can produce we need to check how many units required we have, in this case, we have:

40 B's

50 C's

15  D's

We require 2 units of C, 1 Unit of B, and 1 unit of C.

As you can see in our inventory we only have 15 units of D's, meaning that that is our maximum number of items A produced this week, since we already have 15 A items, we can deliver 30 A products this week.

3 0
3 years ago
There are four major categories with examples that provide a useful way for examining logistics and supply chain performance: Th
mr Goodwill [35]

Answer:

Quality

Explanation:

Logistics and supply chain management performance is best evaluated by examining time required to carry out task, the quality of task at hand, the cost to be expended and the supporting metric.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Sam is currently saving $50.00 from every paycheck. What step from The Five Stages of Investing has he reached?
    15·1 answer
  • On October 1, 20X1, a company purchased a piece of land by agreeing to pay the seller $450,000 in two years. If the company had
    9·1 answer
  • HURRY HURRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    5·2 answers
  • What keys to success did the leaders describe
    7·1 answer
  • Jill lives in a large metropolitan area. She is thinking about starting a senior citizen van service, where she will pick up sen
    9·1 answer
  • Jerome stopped at brewster's and purchased a chocolate ice cream cone. as he was exiting the store, the cone developed a leak an
    9·1 answer
  • According to Okun's law, when cyclical unemployment increases by one percentage point, the recessionary gap ______ by ______ per
    7·1 answer
  • There is a connection between the content of an advertisement and the characteristics of the media used to carry the message. Th
    15·1 answer
  • Crane Company provided the following information on selected transactions during 2021: Purchase of land by issuing bonds $950000
    15·1 answer
  • WGU can enroll 325 students monthly. However, due to the ratio of availability of enrollment counselors and potential students t
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!