Answer: b. market or money value of all final goods and services produced by the economy in a given year, whereas real GOP is adjusted for inflation
Explanation:
Nominal GDP for a given year refers to the final value of all goods and services in the country using the current year prices.
Real GDP however, makes it easier to compare the nominal GDP to past GDPs because it removes the effects of inflation by using prices from a base year to calculate GDP. This way it can be seen if the economy actually grew.
The sentence that shows the disadvantage of a questionnaire is option D. The sample of individuals who respond may not be representative of the population.
<h3>What is a questionnaire?</h3>
A questionnaire is a set of printed or written questions with a choice of answers, devised for the purposes of a survey or statistical study.
Therefore, the correct answer is option D. The sample of individuals who respond may not be representative of the population.
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The correct answers to these open questions are the following.
Maple Farms, Inc. v. City School District of Elmira.
Could something like this bankrupt a company?
Yes, it can, if the proper forecast were not done taking into consideration all of the possible variables at medium and long-range.
Do you agree with the decision?
It was a tough decision because the court declared in its decision that the performance was not impracticable, as Maple Farm Inc indicated when decided to break the contract.
In strict theory, I agree with the court's decision because the explanation was that an "impractical" occurred when an event happened totally unexpected. And in this case, Mapple Farm Inc could have taken extra provisions knowing that milk had a 10% increase the last year and had the chance of more increases in the present year.
That is how a company can avoid this type of situation. Taking better provisions, contemplating all kinds of variables, knowing that in the future, something unexpected can happen and could be prevented with the proper forecast.
Answer:
$525,000
Explanation:
The computation of the net inflow or outflow is shown below:
= Total outflow - total inflow
where,
Total outflow = ∈2,000,000 × $1.05 = $2,100,000
Total inflow = ∈1,500,000 × $1.05 = $1,575,000
Now put these values to the above formula
So, the value would equal to
= $2,100,000 - $1,575,000
= $525,000
This amount shows a net outflow as total outflow is greater than the total inflow.