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densk [106]
3 years ago
14

Points represent

Business
1 answer:
Burka [1]3 years ago
8 0

D. Monthly payments

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Why is real GDP a more accurate measure of an economy's production than nominal GDP?
Verizon [17]

Answer:

The correct answer is option B.

Explanation:

Nominal GDP measures economic growth at current prices. It measures the value of output produced on the basis of current prices. It is thus not an inflation measure of economic growth as it includes the change in the price level.  

Real GDP is an inflation-adjusted method to measure economic growth. It measures a change in economic output on the basis of constant. It is thus considered a more accurate measure of the economic growth of a nation as it is not influenced by changes in the price level.

6 0
3 years ago
Jim is a lawyer who requires that his clients pay him in advance of legal services rendered. Jim routinely credits Legal Service
ss7ja [257]

Answer:

Legal Service Revenue Dr $3000

Unearned Revenue Cr $3000

This is due to the fact that the amount of 25% of the work is undone. Hence, it is recorded as a liability and since it is earned, it is shown as unearned revenue.

3 0
3 years ago
This assignment requires the application of your understanding of how the federal budget deficit affects economic variables.
SVEN [57.7K]

The  impact of a federal budget deficit on interest rates and the trade balance is that it can bring about the  inflow of foreign financial capital as well as a better exchange rate.

<h3>How can budget deficit have effect on trade balance?</h3>

When there is a stronger exchange rate there will be a little bit difficult for all the  exporters that want to sell their goods to foreign countries,  and at this time the imports will become cheaper.

In this case, trade deficit  will definitely bring about  an inflow of foreign financial capital as well as a good exchange rate.

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7 0
2 years ago
Gerwin’s daughter Mary was seeking a position as an associate attorney with Baker, Charles &amp; Dixon, a large metropolitan law
Alex777 [14]

The case filed by Gerwin against Baker will be null and void, as thee is no existence of any legal contract between the parties as such.

<h3>What is a legal contract?</h3>

A contract is said to be a legal one when the party who is presented with such an offer accepts on the terms and with a condition that the offer must be for legal activities.

In case when any of the criterion mentioned above are not followed by the offeror or the offeree, then in such case, any lawsuit filed against the plaintiff will be considered as null and void.

Hence, it can be concluded that there is no legal contract between Gerwin and Baker, and thus their cases are null and void.

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5 0
1 year ago
Should a firm change its positioning depending on the market? What are the potential advantages and disadvantages of doing this?
nasty-shy [4]

Answer:

In simple words, In comparison to competitors, market positioning refers to the capacity to impact customer perceptions of a brand or commodity. The purpose of market placement is to establish a brand's or product's image or character so that people view it with a certain aim in mind.

Effective sales promotion has the best characteristic of being able to provide a competitive edge. As a result, if a corporation can position its services as particularly important, competitors will believe it will be difficult to make a strong case for acquiring alternatives.

4 0
2 years ago
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