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3 years ago

How do macroeconomists distinguish between nominal and real values of variables?

1 answer:

7 0

I believe the answer is: c. nominal variables are measured in market prices; real variables are measured in quantities of goods and services.

the nominal value of a certain good would be fluctuated (could either increased or decreased) depending on the power of the supply and demand in the market. the real value on the other hand is valued using the price of a base year.

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Highly Suspect Corp. has current liabilities of $450,000, a quick ratio of .89, inventory turnover of 6.5, and a current ratio o

nikitadnepr [17]

Answer:

See below

Explanation:

First , we will compute current ratio

Current ratio = Current asset / Current liabilities

1.25 = Current ratio / $415,000

Current asset = $415,000 × 1.25

Current assets = $518,759

Next is to calculate quick ratio

Quick ratio = Current asset - Inventory / Current liabilities

0.79 = $518,750 - Inventory / $415,000

0.79 × $415,000 = $518,750 - Inventory

$327,850 = $518,750 - Inventory

Inventory = $518,750 - $327,850

Inventory = $190,900

Inventory turnover = Cost of goods sold / Inventory

9.5 = Cost of goods sold / $190,900

Cost of goods sold = 9.5 × $190,900

Cost of goods sold = $1,813,550

3 0

3 years ago

Which of the following is the proper way to request an informational interview?

eimsori [14]

Your answer should be B. Contact the person a week or two in advance and ask for a convenient time to meet. If not then it should be D. Hope this helps!

3 0

3 years ago

Over the first four years of a company's life, it earned the following net income (loss):______.

Gelneren [198K]

Answer:

$700

Explanation:

The computation of the average dividend amount paid is as follows:

Total net income for first four years is

= $6,000 + $4,000 + $7,000 - $3,000

= $14,000

And, the ending retained earning balance after 4 years is $11,200

So, the dividend payment would be

= $14,000 - $11,200

= $2,800

For per year it would be

= $2,800 ÷ 4 years

= $700

5 0

3 years ago

What part of the microcomputer is considered the "brain" that follows the instructions sent to it by software running on the com

WARRIOR [948]

The CPU is sometimes considered the "brain" of the computer

4 0

4 years ago

If the consumer price index was 166.6 in one year and 172.2 in the next year, then the rate of inflation from one year to the ne

Hatshy [7]

The formula to find the inflation or deflation rate is (P2-P1)/P1 x 100%, therefore you get 172.2-166.6 divided by 166.6, giving you the inflation rate of 3.36 rounded to two decimal places.

7 0

4 years ago

How do macroeconomists distinguish between nominal and real values of​ variables?

How do macroeconomists distinguish between nominal and real values of variables?