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
AlladinOne [14]
3 years ago
5

In​ 2011, the value of the GDP deflator is 113. ​(Enter your response rounded to the nearest whole​ number.) In​ 2012, the value

of the GDP deflator is 119. ​(Enter your response rounded to the nearest whole​ number.)
Business
1 answer:
kirill [66]3 years ago
3 0

Answer:

2011 = 113

2012 = 119

Explanation:

The computation is shown below:

GDP deflator  = (Nominal GDP) ÷ (Real GDP) × 100

For 2011, it would be

                       = ($​13,495 billion) ÷ (​$11,919 billion) × 100

                       = 113

For 2012, it would be

                       = ($14,241 billion) ÷ (​$12,007 billion) × 100

                       = 119

In order to find out the GDP deflator, we divided the Nominal GDP by the Real GDP

You might be interested in
Mr. Deli wants to start a small sandwich shop in his neighborhood. He has enormous amounts of cash that he inherited from his Un
Brilliant_brown [7]

Answer:

sole proprietorship

Explanation:

A sole proprietorship is a type of business that is owned by one person

Characteristics

1. it is owned by one person

2. the business has unlimited liability

3. the business has limited access to capital

4. the business usually lacks continuity. this type of business usually ceases to exist when the owner dies

5. the business is usually not separated from the owner

8 0
3 years ago
True/ false any procedure that is used to make employee selection decisions is construed to be a test.
larisa86 [58]
The answer that I choose was false
7 0
3 years ago
If the law of increasing opportunity costs is operable, and currently the opportunity cost of producing the 101st unit of good X
lys-0071 [83]

Answer:

C) more than 5Y

Explanation:

the opportunity cost of producing 101 units of X = 5 units of Y

if the opportunity costs increase as the number of units produced increases, then the opportunity cost of producing 201 units of X will be more than 5 unit of Y. This is simply because 5 units of Y was the opportunity cost of producing 101 units of X and the opportunity costs are increased.

4 0
3 years ago
Having a greater pool of knowledge, gaining different perspectives, gaining intellectual stimulation, having a better understand
frozen [14]

Answer:

The correct answer is letter "A": group decision making.

Explanation:

Group decision making allows members to share individual experiences among the team. The team usually starts by brainstorming ideas on their tasks so the path they will follow is decided by the majority of them. These types of actions create a sense of justice in the group that later will be translated into commitment with the path taken. Besides, as the team members elected that path by themselves, they are likely to have a deeper understanding of what they are looking for the result of the work to be.

4 0
3 years ago
Those who exhibit similarities in​ occupations, education, and income​ level, and have similar tastes in style and activities ar
juin [17]

Answer: The correct answer is "B. social class".

Explanation: Those who exhibit similarities in​ occupations, education, and income​ level, and have similar tastes in style and activities are members of​ a <u>social class.</u>

In a society the general range of people can be defined as the social class. Within these classes people tend to be similar in terms of occupation, income level, tastes, education, etc.

8 0
3 years ago
Other questions:
  • During the Reagan administration, the Laffer curve was used to argue that: a. lower income tax rates could increase tax revenues
    12·1 answer
  • The following transactions occurred during January 2021:
    12·1 answer
  • Vin Diesel owns the Fredonia Barber Shop.
    11·1 answer
  • On December 31, 2020, McDaniel Company had $1,200,000 of short-term debt in the form of notes payable due February 2, 2021. On J
    14·1 answer
  • Choose the correct statement. A. Upper A bank's reserves are notes and coins in the bank's vault or in a deposit account at the
    10·1 answer
  • The renewal probability is assumed to be 60% for a particular lease with 12 months vacant if the lease is not renewed. The expec
    7·1 answer
  • The amount of money left in a checking account after the checks and the service charges have been deducted is called the:
    11·2 answers
  • Suppose that there are only two firms in the automobile industry in a particular country. Which term describes the country's aut
    9·1 answer
  • Ly Company disposed of two different assets.
    13·1 answer
  • ou are planning to save for retirement over the next 30 years. To do this, you will invest $890 per month in a stock account and
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!