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3 years ago

Suppose nominal GDP increased in a given year. Based on this information, we know with certainty that:

Business

1 answer:

Vinvika [58]3 years ago

7 0

Answer:

D. either real output or the price level (GDP deflator) have increased.

Explanation:

GDP is the total value (price x quantity) of goods & services produced by an economy during an a time period.

Real GDP is calculated on the basis of base year price index. Nominal GDP is calculated on the basis of current year price index.

So: Real GDP increases only due to rise in output quantity, not by price. Nominal GDP can increase due to rise in both output quantity or in price level (reflected in deflator).

This makes Real GDP a better measure of Economic growth than Nominal GDP, since it captures effect of increased production only (& not price).

Deflator is a measure of average price level change =

Nominal GDP X 100

Real GDP

Deflator > 100 shows inflation in general price level, Deflator < 100 shows deflation in general price level.

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vesna_86 [32]

Answer:

In order for the government to be able to help with a problem, the problem must be brought to the proper of government and the proper.In order for the government to be able to help with a problem, the problem must be brought to the proper of government and the proper.

Explanation:

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3 years ago

During March, Patt, Inc. purchases and uses 8,800 pounds of materials costing $35,640 to make 4,000 tiles. Patt's standard mater

omeli [17]

Answer and Explanation:

The computation is shown below:

Total material cost variance

= (Standard quantity × standard price) - (actual quantity × actual price)

= (4,000 tiles × 2 pounds of material × $4) - (8,800 pounds × $35,640 ÷ 8,800 pounds)

= (8,000 pounds × $4) - ($8,800 pounds × $4.05)

= $3,640 unfavorable

For material price variance

= Actual Quantity × (Standard Price - Actual Price)

= 8,800 × ($4 - $4.05)

= $440 unfavorable

For material quantity variance

= Standard Price × (Standard Quantity - Actual Quantity)

= $4 × (8,000 pounds - 8,800 pounds)

= $3,200 unfavorable

The favorable variance is that in which the standard cost is more than the actual cost and the inverse goes to unfavorable variance

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3 years ago

Curry Seasonings has a patented technology for finely grinding spices while maintaining flavor. This has allowed the company to

VLD [36.1K]

Answer:

Run a recoverability test and then a fair value test.

Explanation:

Business assets with a loss of value are subject to impairment tests to assess and identify the magnitude of the loss.

Measuring the magnitude of the loss requires two steps:

Performing a recoverability check is to decide whether an impairment loss occurred by determining whether the future value of the undiscounted cash flows of the asset is less than the asset's book value. If the cash flow is less than the value of the book, the loss will be assessed.
Measure the cost of damage by measuring the difference between the book value and the asset's market value.

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3 years ago

After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes

Sauron [17]

The correct answer is A) alignment.

After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes clear that the budget given in the plan is far lower than the marketing team had determined it would need. This mistake is likely a result of a lack of alignment.

This means that the marketing manager did not respect the parameters originally indicated. His numbers did not align with the necessities of the plan, which means that he did not take into consideration some important factors that at the end, affected the end result of the budget.

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3 years ago

Check my work Check My Work button is now enabledItem 10Item 10 10 points Time Remaining 22 minutes 18 seconds00:22:18 You manag

gladu [14]

Answer:

1) 18.4%

2) 27.20%

Explanation:

Solution

To get the Expected return for your fund we have to the percentage of Treasury bill and risk premium. That is,

T-bill rate + risk premium = 6.4% + 12% = 18.4%

Standard deviation of client's overall portfolio = 0.80 × 34% = 27.20%

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3 years ago