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Leona [35]
3 years ago
11

An economics professor is discussing a measure of inflation over time based on a basket of goods comprised of all the components

of GDP. Which measure is it?
Business
1 answer:
Jlenok [28]3 years ago
3 0

Answer:

GDP Price Deflator

Explanation:

GDP price deflator is a measure of the general changes in the price level of all the finished goods and services in a country in a period.  While GDP is a measure of the total output in an economy, the GDP price deflator shows the extent to which prices changed in a period. In proving the effects of price changes, the GDP deflator identifies a base year then compares the current prices to base year prices.

The GDP price deflator allows economists to compare the GDP   of different periods while considering the inflation between those periods. It does this by comparing the nominal GDP with the real GDP.

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The basic concepts of financial management are the same for all businesses, regardless of how they are organized. However, a fir
My name is Ann [436]

Answer:

1) - proprietorships.

2) - corporations.

3) - proprietorships.

4) - corporations.

Explanation:

So far as figures are concerned, the majority of companies are proprietorships. Even so, mostly based on currency sales revenue, almost all of the trade is conducted by corporations. Businesses are mostly founded as proprietorships and only transformed into corporations until their success results in drawbacks that overshadow the benefits.

So, the following are the reason that describes the following answers are true according to the given scenario.

3 0
2 years ago
What does an increase in the consumer price index indicate?
erastova [34]
It indicates signs of inflation in the economy
3 0
3 years ago
Barbara's Bakery purchased three new 7-year assets last year. She chose NOT to use Section 179 immediate expensing or take bonus
Serggg [28]

Answer:

b. $14,939

Explanation:

Property placed in service in 1st year:  

                                                Amount $

2nd quarter                              15,000

3rd quarter                                6,000

4th quarter                                <u>40,000</u>

Total furnishing at beginning of 2nd Year $61,000

Half Year depreciation rate in 2nd Year  as per Macrs table under "7 years life" assets, the applicable depreciation in the 2nd year is 24.49%

Thus, amount of depreciation expense is allowable in the current (second) year of ownership = $61,000 * 24.49% = $14938.90

6 0
3 years ago
What are the functions of middle level management​
elena-14-01-66 [18.8K]

Answer:

  • Middle management is at the center of a hierarchical organization, subordinate to the senior management but above the lowest levels of operational staff.

  • Middle managers are accountable to top management for their department's function. They provide guidance to lower-level managers and inspire them to perform better.

<h2>Hope this helps you !! </h2>

8 0
2 years ago
Managerial accounting includes the planning function. Which of the following items would be part of the planning function of a​
Scilla [17]

Answer:

It is choosing goals and deciding how to achieve them (D)

Explanation:

As part of the planning process, managerial accountant guides management during  goals and objectives formulation for the organization .

Management accounting provides past, futuristic and external information that can help management make informed planning  and decision as regard setting various organizational goals and objectives including financial, operational ,strategic,market goal etc a

6 0
2 years ago
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