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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>

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A disgruntled customer will tell how many people about their experience
jolli1 [7]

Answer:

A  disgruntled customer will tell 9 - 15 people about their experience.

Explanation:

According to a study carried out by the White House Office of Consumer Affairs, a dissatisfied consumer tells 9-15 people about their experience. However, with the advent of social media and the internet, this number can sky-rocket into thousands and possibly millions depending on how viral the complaint becomes.

This is the more reason why organizations should endeavor to provide good customer service so that their brand will not be dragged into the mud by disgruntled customers.

4 0
3 years ago
​Quince, Inc. uses a process costing system. It prepares a production cost report for each processing department.
Mandarinka [93]

Answer:

It will be used to determine the balance of inventory accounts

Explanation:

A production cost detail shows in detail the total cost of producing a product. It includes raw materials as well as operating costs. Product costs would be recorded as a current asset on the balance sheet until the goods have been sold. As an asset, it can either be:

  1. raw materials inventory,
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7 0
3 years ago
Is sodium salicylate a reactant or a product
Mazyrski [523]
Its a reactant  beacause i dont know how to explain it but for the sake of being able to post this im trying to think what like right now but anyways trust me its a reactant your very welcome =)

5 0
4 years ago
Maroon company's contribution margin ratio is 24%. total fixed costs are $84,000. what is maroon's break-even point in sales dol
Alla [95]
Fixed costs = $84,000
Contribution margin ratio = 24%

To find the break-even point in sales dollars:
Break-even in sales = Fixed costs/contribution margin ratio
Break-even in sales = 84,000/0.24
Break-even in sales = $350,000
5 0
4 years ago
Read 2 more answers
You consider the remaining functions within each SBU: research and development, manufacturing, human resources, and accounting.
ale4655 [162]

Answer: Consolidate human resources and accounting

Explanation:

  According to the given question, the best option for consolidating the human resources and accounting as it helps in managing all the utilization, functions and operation of the product in an organization.

The accounting department basically handle all the investment procedure which is typically  made by an organization and also helps in making various types of effective decision of the firm such as promotions and transfers of the employees in an organization.      

 Therefore, The given answer is correct.

6 0
3 years ago
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