Answer:
The complete table is attached.
Explanation:
Use the fact that nominal GDP = price of cupcake in current year x quantity of cupcake in current year + price of envelope in current year x quantity of envelope in current year
Real GDP = price of cupcake in base year x quantity of cupcake in current year + price of envelope in base year x quantity of envelope in current year
We find that, for example, nominal GDP 2013 = 4*150 + 2*180 = 960 while real GDP 2013 = 2*150 + 5*180 = 1200.
Hence deflator 2013 = nominal GDP 2013/Real GDP 2013 = 960/1200 = 80.
From 2013 to 2014, nominal GDP decreased , and real GDP decreased .
The inflation rate in 2014 (42 - 80)*100/80 = -47.50%
Real GDP is a more accurate measure because it is not influenced by price changes, but nominal GDP is.
Answer:
D
Explanation:
Firstly, before we answer this question, we need to know what a futures contract is.
A futures contract can be defined as an agreement specifying the delivery of a commodity or a security at an agreed future date and at a currently agreed price.
This means to set a future contract rolling, we need to have an agreed date if delivery and currently agreed price by both parties involved.
Now, to the question, the correct answer is D. He has the obligation to deliver the underlying financial instrument at the specified future date
As of May 2016, The Department of Human Settlements has delivered more than 4,3 million houses and subsidies since 1994, benefiting more than 20 million South Africans. The Medium Term Strategic Framework sets out their goal of providing over 1,5 million housing opportunities by 2019. They also want to make sure that poor South Africans have access to adequate housing and better living conditions.
A statement of accounts is a document that reflects all transactions that took place between you and a particular customer for a given period of time. Generally business owners send statements of accounts to their customers to let them know how much they owe for sales that took place on credit during that period.