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
Natasha_Volkova [10]
3 years ago
7

Between 2015 and 2016 the country of experienced a growth rate of 0.3 If nominal GDP had increased by 2.0 and the population gro

wth was recorded as 0.4 then calculate the annual inflation rate in West Fredonia Give your answer to one decimal
Business
1 answer:
Novosadov [1.4K]3 years ago
5 0

Answer: 1.3%

Explanation:

Inflation refers to general increase in prices in a given economy in a given period. Given the variables available, the best formula to use would be the Economic growth formula;

Economic Growth = %Δ Nominal GDP – %ΔPrices – %ΔPopulation

0.3 = 2.0 - %ΔPrices - 0.4

%ΔPrices = 2.0 - 0.4 - 0.3

%ΔPrices = 1.3

<em>Inflation rose by 1.3%</em>

You might be interested in
Suppose the comparative balance sheets of Windsor, Inc. are presented here. WINDSOR, INC. Condensed Balance Sheet May 31 ($ in m
umka2103 [35]

Answer:

since there is not enough room here, I prepared the comparative balance sheets on an excel spreadsheet.  

Explanation:

WINDSOR, INC.

May 31  2017 2016

($ in millions)

Assets

Current Assets $9,520 $8,720

Property, plant, and equipment (net) $2,010 $1,870

Other assets $1,550 $1,610

Total assets $13,080 $12,200

Liabilities and Stockholders' Equity

Current Liabilities $3,210 $3,320

Long-term liabilities 1,210 1,290

Stockholders' equity 8,660 7,590

Total liabilities and stockholders' equity $13,080 $12,200

Download pdf
4 0
3 years ago
There's a lot of room for people to grow with this organization, hiring manager Myranda told the applicant. "But we expect a lot
Ray Of Light [21]

In this case it is a realistic view of the work. The manager makes it clear what the company intends with the employee. She explains that employment can offer good chances for professional growth, but also makes it clear that this will happen due to employee performance and consistent work. It is a realistic view of the job by presenting the benefits and duties of the employee.

4 0
3 years ago
Consider the following scenarios:
Oliga [24]
Scenario 2 would be correct
7 0
3 years ago
If a product makes it through a rigorous development process, will it be a sure success?
Otrada [13]
When it comes to this context, nothing is sure to be a success, so no
7 0
4 years ago
Read 2 more answers
The definition of states: The process of solving the everyday problems that occur. It is less formal than decision making and us
VikaD [51]

Answer:

What is the question?

Explanation:

7 0
2 years ago
Other questions:
  • 45. Consider a small economy in which consumers buy only two goods: pretzels and cookies. In order to compute the consumer price
    8·1 answer
  • Henrique​ Correa's bakery prepares all its cakes between 4 A.M.and 6 A.M.so they will be fresh when customers arrive.​ Day-old c
    10·1 answer
  • On December 31, 2019, Spearmint, Inc., issued $450,000 of 9 percent, 3-year bonds for cash of $461,795. After recording the rela
    14·1 answer
  • A hamburger costs $8 in the United States and ¥960 in Japan. The nominal exchange rate is ¥110 per dollar. The inflation rates i
    9·1 answer
  • On July 1, 2021, an interest payment date, $149000 of Bonita Industries bonds were converted into 2970 shares of Bonita Industri
    10·1 answer
  • Describe the difference between cost of goods and operating expenses.
    13·1 answer
  • A change in the price of a good has two effects on the quantity consumed. What are these​ effects?
    9·1 answer
  • Que son los creditos
    5·1 answer
  • The type of system that integrates the information of departments and functions of a company into a single computer system is ca
    15·1 answer
  • One of the things that makes a triceratops unique when comparing it to other ceratopsidae is that it's frill?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!